FY2025 Earnings Forecast for Nasdaq Issued By William Blair

Key Points

• William Blair has raised its FY2025 earnings estimate for Nasdaq to $3.41 per share, up from a previous estimate of $3.34, indicating optimistic growth for the financial services provider.
• Research analyst reports show that 15 analysts have rated Nasdaq as a Buy, while the stock has a consensus price target of $98.56 and is currently trading around $87.42.
• Nasdaq recently announced a quarterly dividend of $0.27 per share, with a payout date of December 19, representing a 1.2% dividend yield.

Nasdaq, Inc. (NASDAQ:NDAQ - Free Report) - Equities research analysts at William Blair lifted their FY2025 earnings estimates for shares of Nasdaq in a report released on Tuesday, October 21st. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings per share of $3.41 for the year, up from their prior estimate of $3.34. The consensus estimate for Nasdaq's current full-year earnings is $3.18 per share. William Blair also issued estimates for Nasdaq's Q4 2025 earnings at $0.90 EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $0.94 EPS, Q4 2026 earnings at $0.99 EPS, Q1 2027 earnings at $0.98 EPS, Q2 2027 earnings at $1.02 EPS and FY2027 earnings at $4.17 EPS.

A number of other research analysts have also issued reports on NDAQ. Barclays set a $109.00 price objective on shares of Nasdaq and gave the company an "overweight" rating in a report on Wednesday. The Goldman Sachs Group reiterated a "buy" rating on shares of Nasdaq in a report on Friday, July 25th. TD Cowen raised their price objective on shares of Nasdaq from $94.00 to $96.00 and gave the company a "hold" rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Nasdaq from $97.00 to $105.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, UBS Group upgraded shares of Nasdaq from a "neutral" rating to a "buy" rating and raised their price objective for the company from $95.00 to $115.00 in a report on Friday, July 25th. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $98.56.

Nasdaq Trading Down 3.2%

NDAQ opened at $87.42 on Thursday. The company's 50 day moving average is $91.48 and its 200-day moving average is $86.65. The company has a market cap of $50.16 billion, a P/E ratio of 31.22, a PEG ratio of 2.01 and a beta of 0.98. Nasdaq has a 1-year low of $64.84 and a 1-year high of $97.63. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.73.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last posted its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $0.88 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.06. Nasdaq had a net margin of 19.90% and a return on equity of 16.46%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the company posted $0.74 EPS. The firm's quarterly revenue was up 14.7% compared to the same quarter last year.

Institutional Trading of Nasdaq

Several large investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC grew its position in Nasdaq by 7.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 43,161 shares of the financial services provider's stock valued at $3,274,000 after purchasing an additional 3,096 shares during the period. Principal Financial Group Inc. grew its position in Nasdaq by 1.2% in the 1st quarter. Principal Financial Group Inc. now owns 2,268,620 shares of the financial services provider's stock valued at $172,098,000 after purchasing an additional 27,622 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co acquired a new stake in Nasdaq in the 1st quarter valued at $222,000. 111 Capital grew its position in Nasdaq by 67.0% in the 2nd quarter. 111 Capital now owns 11,089 shares of the financial services provider's stock valued at $992,000 after purchasing an additional 4,450 shares during the period. Finally, IFM Investors Pty Ltd grew its position in Nasdaq by 7.9% in the 1st quarter. IFM Investors Pty Ltd now owns 96,686 shares of the financial services provider's stock valued at $7,059,000 after purchasing an additional 7,091 shares during the period. Institutional investors and hedge funds own 72.47% of the company's stock.

Insider Activity at Nasdaq

In other news, EVP Jeremy Skule sold 2,105 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $95.49, for a total transaction of $201,006.45. Following the completion of the sale, the executive vice president owned 92,551 shares of the company's stock, valued at $8,837,694.99. This trade represents a 2.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Michelle Lynn Daly sold 8,691 shares of the firm's stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $93.45, for a total transaction of $812,173.95. Following the sale, the senior vice president directly owned 8,879 shares of the company's stock, valued at approximately $829,742.55. This trade represents a 49.46% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.70% of the company's stock.

Nasdaq Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. Nasdaq's dividend payout ratio (DPR) is 41.54%.

About Nasdaq

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products.

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