Nasdaq, Inc.’s stock price soars to $67.26, marking a robust 7.22% increase

Nasdaq, Inc. (NDAQ)

67.26 USD +4.53 (+7.22%) Volume: 7.04M

Nasdaq, Inc.’s stock price is currently strong at 67.26 USD, showcasing a positive uptick of +7.22% this trading session with a trading volume of 7.04M, and an impressive Year-To-Date increase of +15.69%, indicating a solid performance and a promising investment opportunity.

Latest developments on Nasdaq, Inc.

Today, Nasdaq Inc. (NDAQ) stock saw movements following a tech selloff that sent the Nasdaq and S&P 500 to their worst day of 2024. Despite this, Nasdaq’s CEO Adena Friedman remains optimistic, seeing IPO momentum picking up in 2025. The company’s Q2 2024 earnings call revealed a revenue surpassing estimates at $1,159M, although GAAP EPS missed at $0.38. Nasdaq’s composite closed up 17.45% YTD, outperforming competitors on a strong trading day. With Nasdaq’s profit exceeding expectations, driven by compliance gains, investors are closely watching the stock for further developments.

A look at Nasdaq, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Nasdaq Inc has a mixed long-term outlook. While the company scores well in Growth and Momentum factors, indicating potential for future expansion and positive market performance, it lags behind in Value, Dividend, and Resilience scores. This suggests that Nasdaq Inc may face challenges in terms of its financial stability, dividend payouts, and overall market resilience.

Nasdaq Inc operates a global stock exchange, providing various financial services worldwide. With a strong focus on growth and momentum, the company may continue to see positive developments in the future. However, investors should consider the lower scores in Value, Dividend, and Resilience when evaluating the overall long-term prospects of Nasdaq Inc.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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