For Nasdaq Inc [NDAQ], Analyst sees a rise to $88. What next?

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Nasdaq Inc [NASDAQ: NDAQ] price plunged by -0.87 percent to reach at -$0.63.

The one-year NDAQ stock forecast points to a potential upside of 10.47. The average equity rating for NDAQ stock is currently 2.05, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Nasdaq Inc [NDAQ]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NDAQ shares is $80.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NDAQ stock is a recommendation set at 2.05. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for Nasdaq Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 27, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Hold. The new note on the price target was released on September 26, 2024, representing the official price target for Nasdaq Inc stock. Previously, the target price had yet another raise from $78 to $80, while Oppenheimer kept a Outperform rating on NDAQ stock. On September 04, 2024, analysts increased their price target for NDAQ shares from 53 to 90.

The Average True Range (ATR) for Nasdaq Inc is set at 1.14, with the Price to Sales ratio for NDAQ stock in the period of the last 12 months amounting to 6.29. The Price to Book ratio for the last quarter was 3.80, with the Price to Cash per share for the same quarter was set at 0.77. Price to Free Cash Flow for NDAQ in the course of the last twelve months was 26.86.

NDAQ Stock Performance Analysis:

Nasdaq Inc [NDAQ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.48. With this latest performance, NDAQ shares dropped by -0.33% in over the last four-week period, additionally plugging by 13.92% over the last 6 months – not to mention a rise of 44.05% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NDAQ stock in for the last two-week period is set at 47.98, with the RSI for the last a single of trading hit 43.36, and the three-weeks RSI is set at 52.11 for Nasdaq Inc [NDAQ]. The present Moving Average for the last 50 days of trading for this stock 71.13, while it was recorded at 71.90 for the last single week of trading, and 62.62 for the last 200 days.

NDAQ Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NDAQ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Nasdaq Inc go to 8.22%.

Nasdaq Inc [NDAQ] Institutonal Ownership Details

There are presently around $77.84%, or 87.19%% of NDAQ stock, in the hands of institutional investors. The top three institutional holders of NDAQ stocks are: THOMA BRAVO, L.P. with ownership of 85.61 million shares, which is approximately 14.8767%. INVESTOR AB, holding 58.18 million shares of the stock with an approximate value of $$3.51 billion in NDAQ stocks shares; and INVESTOR AB, currently with $$2.92 billion in NDAQ stock with ownership which is approximately 8.4081%.