On Oct 25, major Wall Street analysts update their ratings for $Nasdaq (NDAQ.US)$, with price targets ranging from $86 to $93.
Morgan Stanley analyst Michael Cyprys maintains with a buy rating, and adjusts the target price from $92 to $93.
Barclays analyst Benjamin Budish maintains with a buy rating, and adjusts the target price from $84 to $87.
Oppenheimer analyst Owen Lau maintains with a buy rating, and adjusts the target price from $84 to $86.
RBC Capital analyst Ashish Sabadra maintains with a buy rating, and maintains the target price at $88.
Furthermore, according to the comprehensive report, the opinions of $Nasdaq (NDAQ.US)$'s main analysts recently are as follows:
Following Q3 results, the transformation of the business into higher quality, more durable revenue streams is underway, with notable solutions growth and ARR growth witnessed in the third quarter.
The company's Q3 results were strong, and aside from some delayed revenue recognition, it is successfully progressing on several of its main strategic goals. The outlook for 2025 is looking promising.
Nasdaq's impressive third-quarter performance was widespread, with increased revenue observed across all three of its business segments. Despite the stock's recent positive trajectory, there is a belief that there remains potential for further growth.
Here are the latest investment ratings and price targets for $Nasdaq (NDAQ.US)$ from 4 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.