NDAQ

Nasdaq, Inc.

$88.08 +0.56 (+0.64%) At close · Jul 10

Market Cap

$49.81B

565,540,798

Up next

Next earnings call

Jul 22, 2026 Est · unconfirmed · in 1 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed Apr 24, 2026

AI Brief

TL;DR.

Bullish

Bearish

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating blended score · not investment advice

Overall

Neutral

SellHoldBuy

Technical Buy Momentum Very Weak Sentiment Neutral Fundamentals Excellent Quant / Vol Moderate

Market backdrop VIX 15 · calm Equity put/call 0.55

Technical

price trend

Buy

50 / 200-day cross No cross

Price vs 200-day avg −1%

below

Price vs 50-day avg +1%

above

RSI (14) 57

neutral

MACD trend Positive

52-week position 47%

mid-range

Momentum

relative strength

Very Weak

1-month return +2%

trailing

6-month return −12%

trailing

YTD return −9%

this year

Relative strength −21%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $88 › 200d $89 — 200d above 50d

Institutional flow Distributing

59 of 1,090 funds reported for Jun 30 · net -325.3K sh shares · +5 new

Insider flow Accumulating

Net +$2.2M over 90 days · 80% sells

Short interest Rising

1.65% of float · ▲ +6.9% MoM · 1.5 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

1,090 holders — near 3-yr high, broad support

Squeeze score 45

elevated · 0–100

Fundamentals

Excellent

Revenue growth +8%

Y/Y

Gross margin 123%

expanding

EPS growth +60%

Y/Y

Free cash flow $2.0B

Valuation P/E 26.5

in line

Buyback $2.9B

remaining

Balance sheet $8.4B

net debt

Quant / Vol

risk profile

Moderate

Volatility 27%

annualized · 1-yr

Max drawdown −23%

past year

ATR 3.1%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Technicals

trend & momentum for long-term holders Buy

0 · 4 · 2

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−1% Neutral

Price vs 50-day avg

+1% Bullish

RSI (14)

57 Neutral

MACD trend

Positive Bullish

52-week position

47% Neutral

Market signals — smart money & positioning

Mixed

Trend (MA cross) No cross

50d $88 › 200d $89 — 200d above 50d

Institutional flow Distributing

59 of 1,090 funds reported for Jun 30 · net -325.3K sh shares · +5 new

Insider flow Accumulating

Net +$2.2M over 90 days · 80% sells

Short interest Rising

1.65% of float · ▲ +6.9% MoM · 1.5 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

1,090 holders — near 3-yr high, broad support

Price context

position in its 52-week range

52-wk low $77 Now $88 · 47% 52-wk high $101

vs 200-day avg -1% vs 50-day avg +1%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from its earnings releases, calls, and filings

Metric	Latest	Period	YoY
ARR	$3,188M	1Q26	—
Capital returned through dividends	$153M	first quarter of 2026	—
Capital returned through share repurchases	$548M	first quarter of 2026	—
Non-GAAP operating income non-GAAP	$799M	1Q26	—
ACB bookings year-over-year growth	50%	Q1 FY2026 call	—
Agentic AI client count	500	Q1 FY2026 call	—
Agentic AI client growth since Investor Day	40%	Q1 FY2026 call	—
AI-ready data assets under management represented	$9	Q1 2026 call	—
Analytics bookings year-over-year growth	29%	Q1 FY2026 call	—
annualized recurring revenue (ARR) non-GAAP	$3.2B	Q1 2026 call	—
average AUM	$877B	Q1 2026 call	—
Average AUM year-over-year growth	32%	Q1 FY2026 call	—
Axiom SL cloud-based share of ACV bookings	90%	Q1 FY2026 call	—
Board Vantage AI adoption	51%	Q1 FY2026 call	—
Boardvantage AI user adoption	51%	Q1 2026 call	—
Capital Access Platforms ARR growth	7%	Q1 2026 call	—

Capital Access Platforms revenue growth	10%	Q1 2026 call	—
Cloud-based share of ACB bookings	80%	Q1 FY2026 call	—
enterprise license agreements revenue growth	32%	Q1 2026 call	—
ETP AUM	$836B	Q1 2026 call	—
Financial Technology ARR growth	16%	Q1 2026 call	—

Financial Technology new clients signed	64	Q1 FY2026 call	—
Financial Technology revenue growth	18%	Q1 2026 call	—
Financial Technology upsells	85	Q1 FY2026 call	—
Index net inflows (last 12 months)	$79B	last 12 months call	—
index net inflows (quarter)	$6B	Q1 2026 call	—
insurance-related revenue growth	30%	Q1 2026 call	—
IR Insight AI adoption	74%	Q1 FY2026 call	—
IR Insight AI user adoption	74%	Q1 2026 call	—
Market Services net revenue growth	10%	Q1 2026 call	—
Nasdaq Verafin client base	2,800	Q1 FY2026 call	—
Nasdaq Verafin revenue growth	21%	Q1 FY2026 call	—
Nasdaq Verafin SMB ACB bookings growth	24%	Q1 FY2026 call	—
Nasdaq Verafin SMB new clients signed	58	Q1 FY2026 call	—
new index products launched	31	Q1 2026 call	—
new operating companies (U.S. listings)	15	Q1 2026 call	—
New products launched	31	Q1 FY2026 call	—
Non-US share of ETP AUM	19%	Q1 FY2026 call	—
Q1 bookings growth (analytics)	29%	Q1 2026 call	—
share of ETP AUM from non-U.S. clients	19%	Q1 2026 call	—
U.S. listings new operating companies	15	Q1 FY2026 call	—
Workflow and Insights revenue growth	6%	Q1 2026 call	—
Remaining share repurchase authorization	$1.1B	as of December 31, 2025	—

Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

Versus peers

Financial Data & Stock Exchanges — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
NDAQ Nasdaq, Inc. this stock	$49.81B	-8.7%	+8.8%	26.5	1.7%
SPGI S&P Global Inc.	$127.43B	-12.5%	+7.1%	28.8	1.2%
CME Cme Group Inc.	$87.06B	-9.9%	+11.1%	20.5	1.7%
MCO Moodys Corp /De/	$85.13B	-4.4%	+16.6%	35.0	1.7%
ICE Intercontinental Exchange, Inc.	$76.49B	-16.2%	-2.1%	19.7	1.9%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

1,089

% held: 78.4%
Reported: 59 of 1,090
Top holder: INVESTOR AB

Held Float

View

Held by Funds

Fund positions

753

View

Short & Settlement

Short Interest Rising

Shares short

9.3M

Days to cover: 1.5d
Change: +600.5K sh

View

Short Volume

Short vol %

30%

As of: Jul 10, 2026

Short Total

View

Fails to Deliver

FTD shares

Value: $520
As of: Jun 11, 2026

View

Off-Exchange

Off-exchange %

40.0%

Week of: Jun 15, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net buying

Net (90d)

+$2.2M

Buyers / Sellers: 1 / 4

Buyers Sellers

View

Congressional Trades Buy

Member

April McClain Delaney

Amount: $1.0K–$15.0K
Traded: Apr 24, 2026

View

Financials

Revenue (FY)

$8.3B

Net income (FY): $1.8B
EPS diluted: $3.09

View

Buybacks

Authorized

$2.0B

Remaining: $2.9B

View

Filings

SEC Filings

Latest

8-K

Filed: Jul 1, 2026
This year: 13

View

Proposed Sales

Value

$240.0K

Shares: 3.0K
Filed: Jul 1, 2026

View

Earnings & Events

Earnings Calls

Last call

Jun 9, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
NDAQ	+4.0%	+1.9%	-11.6%	+11.8%	-8.7%
SPY	+1.4%	+4.1%	+9.1%	+1.1%	+10.7%
vs SPY	+2.7%	-2.1%	-20.7%	+10.7%	-19.4%

Capital returns

Latest dividend

$0.31 / share · ex Jun 12, 2026

Raised 14.8%

Paid (TTM)

$1.12 / share · 4 payouts

Dividend yield (TTM, derived)

1.27%

Buyback program · as of Mar 31, 2026

Authorized

$2.00B

Spent (derived)

—

Remaining

$2.90B

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1120193 CUSIP 631103108 13F (30d) 78 filings 56 filers Visit website Investor relations

NDAQ

Price & Indicators

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns