Analysts predict Nasdaq Inc (NDAQ) stock to reach $71.48 in the next 12 months

Nasdaq Inc [NDAQ] stock is trading at $80.16, up 0.48%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NDAQ shares have gain 1.30% over the last week, with a monthly amount glided 7.89%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Nasdaq Inc [NASDAQ: NDAQ] stock has seen the most recent analyst activity on October 14, 2024, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $82 for it. Previously, RBC Capital Mkts started tracking the stock with Outperform rating on September 27, 2024, and set its price target to $88. On September 26, 2024, TD Cowen initiated with a Hold rating and assigned a price target of $83 on the stock. Oppenheimer reiterated its Outperform rating and increased its price target to $80 on September 09, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $90 on September 04, 2024. Rosenblatt downgraded its rating to Neutral for this stock on May 08, 2024, and downed its price target to $64. In a note dated April 11, 2024, Barclays initiated an Overweight rating and provided a target price of $76 on this stock.

Nasdaq Inc [NDAQ] stock has fluctuated between $53.36 and $80.77 over the past year. Currently, Wall Street analysts expect the stock to reach $71.48 within the next 12 months. Nasdaq Inc [NASDAQ: NDAQ] shares were valued at $80.16 at the most recent close of the market. An investor can expect a potential drop of -10.83% based on the average NDAQ price forecast.

Analyzing the NDAQ fundamentals

Nasdaq Inc [NASDAQ:NDAQ] reported sales of 7.02B for the trailing twelve months, which represents a growth of 31.08%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 79.28 points at the first support level, and at 78.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.69, and for the 2nd resistance point, it is at 81.22.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 6.57, the price to book ratio is 4.16 and price to earnings (TTM) ratio is 47.89.

Transactions by insiders

Recent insider trading involved JEREMY SKULE, Officer, that happened on Nov 18 ’24 when 12075.0 shares were purchased. Director, ZOLLAR ALFRED W completed a deal on Nov 13 ’24 to buy 2542.0 shares. Meanwhile, Executive Vice President Peterson Bradley J sold 11820.0 shares on Nov 13 ’24.

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