NDAQ · Nasdaq, Inc.
$91.41
-0.60 (-0.65%)
At close · Oct 1
Return incl. dividend (before tax)
Market Cap
$52.29B
Shares
558.98M
Volume · Oct 1
532.35K
Avg daily vol (3M)
3.38M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$92.01
Open$91.93
Day$91.79–93.16
52W close$76.85–100.98
Avg vol 30d3.2M
Short int7.5M · 1.3% float · 2.6d
Short vol45%
Last earningsJul 23, 2026
DataJan 2020–Sep 2026
Filing10-Q · Jul 23
Up next
Next earnings call
Oct 21, 2026
Est · unconfirmed
· in 3 wks
filed Jul 23, 2026
call held Jul 23, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
—
Trailing 12 months
Net income (TTM)
—
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
1.3%
Trailing 12 months
Shares change YoY
—
Year over year · more shares
Price change (1Y)
+4.0%
Trailing year
Short interest
1.3%
Latest settlement · 2.6 days to cover
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Bearish
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 16.3 · calm
Equity put/call 0.53
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+1%
above
Price vs 50-day avg
−3%
below
RSI (14)
43
neutral
MACD trend
Negative
52-week position
63%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−6%
trailing
6-month return
+9%
trailing
YTD return
−5%
this year
Relative strength
−3%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $95 › 200d $91 — 50d above 200d
Institutional flow
Distributing
-1% holders QoQ · +117 funds added
Insider flow
Distributing
Net -$4.8M over 90 days · 100% sells
Short interest
Rising
1.34% of float · ▲ +23.0% MoM · 2.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,094 holders — near 3-yr high, broad support
Squeeze score
51
elevated · 0–100
Fundamentals
Revenue growth
+8%
Y/Y
Gross margin
123%
expanding
EPS growth
+60%
Y/Y
Free cash flow
$2.0B
Valuation
P/E 27.3
rich
Buyback
$2.5B
remaining
Balance sheet
$8.4B
net debt
Quant / Vol
risk profile
Volatility
28%
annualized · 1-yr
Max drawdown
−24%
past year
ATR
2.3%
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.
Guidance & track record
Latest guidance
· from the Earnings Call filed Jul 23, 2026
Non-GAAP operating expense
· full year 2026
Non-GAAP
Initiated
$2.53B – $2.57B
Non-GAAP tax rate
· full year 2026
Non-GAAP
Initiated
22.5% – 24.5%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+1%
Bullish
Price vs 50-day avg
−3%
Neutral
RSI (14)
43
Neutral
MACD trend
Negative
Bearish
52-week position
63%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bearish · 3 of 6
Trend (MA cross)
No cross
50d $95 › 200d $91 — 50d above 200d
Institutional flow
Distributing
-1% holders QoQ · +117 funds added
Insider flow
Distributing
Net -$4.8M over 90 days · 100% sells
Short interest
Rising
1.34% of float · ▲ +23.0% MoM · 2.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,094 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $77
Now $92 · 63%
Range high $101
vs 200-day avg +1%
vs 50-day avg -3%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| ARR (Capital Markets Technology) | 1.08B | Three Months Ended June 30, 2026 filing | — |
| ARR (Regulatory Technology) | 428M | Three Months Ended June 30, 2026 filing | — |
| ARR (Workflow & Insights) | 510M | Three Months Ended June 30, 2026 filing | — |
| ARR and Quarterly annualized SaaS revenues (Financial Crime Management Technology) | 359M | Three Months Ended June 30, 2026 filing | — |
| Average daily number of equity trades executed on Nasdaq's exchanges (Nasdaq Nordic and Nasdaq B | 747,410 | Three Months Ended June 30, 2026 filing | — |
| Financial Technology cross-sells | 7 | second quarter of 2026 filing | — |
| Financial Technology new clients signed | 58 | second quarter of 2026 filing | — |
| Financial Technology upsells | 107 | second quarter of 2026 filing | — |
| Index business net inflows (second quarter) | $51B | second quarter of 2026 filing | — |
| Market share reported to the FINRA/Nasdaq Trade Reporting Facility | 46.4% | Three Months Ended June 30, 2026 filing | — |
| Matched share volume (in billions) | 184.5B | Three Months Ended June 30, 2026 filing | — |
| Nasdaq PSX matched market share | 0.1% | Three Months Ended June 30, 2026 filing | — |
| Nasdaq Texas matched market share | 0.3% | Three Months Ended June 30, 2026 filing | — |
| New products launched in Index | 34 | second quarter of 2026 filing | — |
| Non-GAAP diluted earnings per share non-GAAP | $1.07 | Three Months Ended June 30, 2026 filing | — |
| Non-GAAP effective tax rate non-GAAP | 22.8% | Three Months Ended June 30, 2026 filing | — |
| Non-GAAP net income non-GAAP | $605M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP U.S. GAAP net income 507M
+121M Amortization expense of acquired intangible assets
+5M Merger and strategic initiatives expense
+14M Restructuring charges
+0M Net gain on divestitures
-21M Net income from unconsolidated investees
+6M Legal and regulatory matters
+6M Other loss
-33M Non-GAAP tax adjustments
+0M Other tax adjustments
= Non-GAAP net income 605M
|
|||
| Quarterly annualized SaaS revenues (Capital Markets Technology) | 172M | Three Months Ended June 30, 2026 filing | — |
| Quarterly annualized SaaS revenues (Regulatory Technology) | 258M | Three Months Ended June 30, 2026 filing | — |
| Quarterly annualized SaaS revenues (Workflow & Insights) | 439M | Three Months Ended June 30, 2026 filing | — |
| Quarterly average ETP AUM tracking Nasdaq indices | 1.01T | Three Months Ended June 30, 2026 filing | — |
| The Nasdaq Stock Market matched market share | 14.3% | Three Months Ended June 30, 2026 filing | — |
| Total average daily value of shares traded (Nasdaq Nordic and Nasdaq Baltic, in billions) | $6.2B | Three Months Ended June 30, 2026 filing | — |
| Total industry average daily share volume (U.S.-listed securities) | 20.2B | Three Months Ended June 30, 2026 filing | — |
| Total industry average daily volume (U.S. equity options) | 66.5M | Three Months Ended June 30, 2026 filing | — |
| Total market share | 61.1% | Three Months Ended June 30, 2026 filing | — |
| Total market share executed on Nasdaq's exchanges (Nasdaq Nordic and Nasdaq Baltic) | 74.5% | Three Months Ended June 30, 2026 filing | — |
| Total matched market share executed on Nasdaq's exchanges (Cash Equity) | 14.7% | Three Months Ended June 30, 2026 filing | — |
| Total matched market share executed on Nasdaq's exchanges (U.S. equity options) | 29.1% | Three Months Ended June 30, 2026 filing | — |
| Total matched market share executed on Nasdaq's exchanges (U.S.-listed securities) | 14.7% | Three Months Ended June 30, 2026 filing | — |
| Total proceeds raised in U.S. operating company IPOs | $105B | second quarter of 2026 filing | — |
| U.S. operating company IPO win rate | 74% | second quarter of 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Financial Data & Stock Exchanges — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NDAQ
this stock
Nasdaq, Inc.
|
$52.29B | -5.3% | +8.3% | 27.3 | 1.3% |
|
SPGI
S&P Global Inc.
|
$126.18B | — | +7.1% | 27.0 | 2.1% |
|
CME
Cme Group Inc.
|
$94.80B | -4.1% | +6.4% | 22.4 | 1.6% |
|
ICE
Intercontinental Exchange, Inc.
|
$86.63B | -6.1% | -2.1% | 21.8 | 1.1% |
|
MCO
Moodys Corp /De/
|
$81.18B | -11.1% | +16.6% | 29.7 | 1.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NDAQ | -3.6% | -5.7% | +9.3% | -6.7% | -5.3% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -2.9% | -5.8% | -2.9% | -6.1% | -17.1% |
Capital returns
Latest dividend
$0.31
/ share · ex Sep 11, 2026
Paid (TTM)
$1.16
/ share · 4 payouts
Dividend yield (TTM, derived)
1.26%
Buyback program
· as of Jun 30, 2026
Authorized
$3.00B
Spent (derived)
$500.00M
Remaining
$2.50B
Spent
Remaining
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)
29 filings
21 filers
Visit website
Investor relations