Nasdaq Inc. ($NDAQ) Stock Forecast: Up 7.0% Today

What is Nasdaq Inc.?

Nasdaq (NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information, and public company services. The company operates in four segments: Market Services, Corporate Services, Information Services, and Market Technology.

Why is Nasdaq Inc. going up?

NDAQ stock is up 7.0% on Jul 25, 2024 17:23

• Nasdaq (NDAQ) reported strong Q2 2024 earnings, surpassing both EPS and revenue estimates, demonstrating solid financial performance.
• The company experienced a revenue increase of 25% year-on-year and saw Annualized Recurring Revenue (ARR) grow by 29% Y/Y, indicating significant growth in the financial tech and index segments.
• The favorable earnings report likely boosted investor confidence, resulting in a rise in NDAQ stock as investors responded positively to the company's robust financial results.
• The market's reaction to Nasdaq's earnings during a turbulent day for stock markets suggests that strong fundamental performance can drive individual stock movements despite broader market volatility.

NDAQ Price Chart

NDAQ Technical Analysis

NDAQ News

NDAQ Stock Earnings: Nasdaq Beats EPS, Beats Revenue for Q2 2024

Nasdaq (NASDAQ:NDAQ) just reported results for the second quarter of 2024. Nasdaq reported earnings per share of 69 cents. This was above the analyst estimate for EPS of 64 cents. The company reported revenue of $1.16 billion. This was 2.57% better than the analyst estimate for revenue of $1.13 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.

https://investorplace.com/earning-results/2024/07/ndaq-stock-earnings-nasdaq-for-q2-of-2024/

Nasdaq Q2 Earnings: Revenue Surge, Financial Tech and Index Segments Show Strong Growth

Nasdaq, Inc. (NASDAQ: NDAQ ) reported second-quarter revenue growth of 25% year-on-year to $1.16 billion, beating the analyst consensus estimate of $1.13 billion . The financial services company reported an adjusted EPS of $0.69, which beat the analyst consensus estimate of $0.64 . Nasdaq’s Annualized Recurring Revenue (ARR) increased 29% Y/Y to $2.7 billion. Also Read: Nasdaq Intensifies Scrutiny On Small Chinese And Hong Kong IPOs Following 2022’s Extreme Volatility: Report Solutions … Full story available on Benzinga.com

https://www.benzinga.com/news/earnings/24/07/39959418/nasdaq-q2-earnings-revenue-surge-financial-tech-and-index-segments-show-strong-growth

Thursday Macro & Markets Update – 07.25.24

Stock markets had a brutal day on Wednesday, with the S&P 500 (SPX), the Nasdaq Composite (NDAQ), and Nasdaq-100 (NDX) registering their worst dail…

https://www.tipranks.com/news/thursday-macro-markets-update-07-25-24

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Nasdaq Inc. Price History

26.03.2024 - NDAQ Stock was up 2.2%

• Q1 2024 earnings were slightly below analyst estimates for EPS but revenue expectations were exceeded, suggesting solid financial performance.
• A 9% increase in quarterly dividend to $0.24 per share may have attracted income-seeking investors, positively impacting the stock price.
• The listing of Oculis on Nasdaq Iceland's Main Market could have bolstered positive sentiment regarding Nasdaq's market reach and offerings.
• Will Trump Media's warning to Nasdaq about suspected market manipulation caused some uncertainty, it did not significantly affect the bullish movement of NDAQ.

12.05.2023 - NDAQ Stock was down 5.1%

• The bearish movement in NDAQ's stock price today could be attributed to a few factors:
• Wells Fargo & Company MN's increased position in NDAQ may have caused some investors to sell their shares, leading to a drop in price.
• The addition of Hampiðjan to the Nasdaq Iceland Main Market may have drawn attention away from NDAQ, causing a decrease in demand for its shares.
• Nasdaq CEO Adena Friedman's comments about the SEC being the first line of defense against illegal exchanges may have caused concern among investors about potential regulatory issues.
• Despite NDAQ's strong performance over the past 15 years, investors may have decided to take profits and sell their shares, leading to a drop in price.

18.09.2023 - NDAQ Stock was up 5.3%

• The bullish movement in NDAQ today can be attributed to the following factors:
• 1. Strong Q3 Earnings: Nasdaq, Inc. reported impressive third-quarter earnings results, with net revenues increasing by 6% year-over-year. This growth, driven by broad-based solutions businesses revenue acceleration, indicates the company's strong performance and market position.
• 2. Earnings Beat Expectations: Nasdaq's Q3 profit surpassed Street estimates, with a bottom line of $294 million or $0.60 per share. This positive surprise indicates that the company's financial performance exceeded market expectations, boosting investor confidence.
• 3. Positive Market Sentiment: The overall bullish movement in the market, as evidenced by other companies reporting strong earnings, also contributed to the upward momentum in NDAQ. Positive market sentiment and investor optimism can create a favorable environment for stock appreciation.
• 4. Reduction in Stake by Credit Agricole S A: Although not directly related to the bullish movement, the news of Credit Agricole S A trimming its holdings in NDAQ suggests that other investors may see potential value in the stock, further supporting the positive market sentiment.
• Overall, the combination of strong earnings, beating expectations, positive market sentiment, and potential investor interest contributed to the bullish movement in NDAQ today.

12.05.2023 - NDAQ Stock was down 7.5%

• NDAQ had a strong bearish movement of 1.1% in premarket trading today.
• The bearish movement might be due to the announcement of its acquisition of Adenza for $10.5 billion in cash and stock from Thoma Bravo, which includes $5.75 billion in cash and 85.6 million shares of Nasdaq common stock.
• The number of shares represents 17.4% of Nasdaq’s shares outstanding, which might have caused concerns among investors.
• The market might also be reacting to Nasdaq's plan to issue 5.9 billion of debt for the cash portion of the deal.

05.02.2024 - NDAQ Stock was up 0.7%

• The bullish movement of NDAQ could be attributed to the positive trading statistics for February 2024 in the Nordic and Baltic markets, indicating strong performance in those regions.
• The sale of shares by Executive Vice President Bryan Smith might have been seen as a routine profit-taking activity rather than a signal of underlying issues within the company, reassuring investors and contributing to the bullish trend.
• Overall, the combination of robust market statistics and routine insider selling likely boosted investor confidence in Nasdaq Inc, leading to the strong bullish movement in the stock today.

25.06.2024 - NDAQ Stock was up 5.3%

• Nasdaq (NDAQ) demonstrated a strong bullish movement today amidst the recent bearish trend in the market.
• The positive trajectory of NDAQ today could be linked to a potential recovery following the recent market downturn.
• Investor sentiment towards Nasdaq's performance may have improved, driving the bullish movement.
• Specific company developments or positive industry updates could have influenced Nasdaq's strong performance in today's trading session.

25.06.2024 - NDAQ Stock was up 7.0%

• Nasdaq (NDAQ) reported strong Q2 2024 earnings, surpassing both EPS and revenue estimates, demonstrating solid financial performance.
• The company experienced a revenue increase of 25% year-on-year and saw Annualized Recurring Revenue (ARR) grow by 29% Y/Y, indicating significant growth in the financial tech and index segments.
• The favorable earnings report likely boosted investor confidence, resulting in a rise in NDAQ stock as investors responded positively to the company's robust financial results.
• The market's reaction to Nasdaq's earnings during a turbulent day for stock markets suggests that strong fundamental performance can drive individual stock movements despite broader market volatility.