Nasdaq Inc. (NDAQ) has showcased strong performance over the past five years, providing investors with returns of 130-151%. Various investment firms including Tobam, abrdn plc, Yousif Capital Management, Strategic Investment Advisors, and others have been adjusting their stake in Nasdaq, suggestive of its potential. Notably, the company has impressed with its Q4 2024 earnings, exceeding expectations with a 10% Y/Y increase in revenues. Another highlight is their
debt reduction progress, improving financial stability. However, Nasdaq's share price saw a drop, despite strong earnings, potentially marking a good entry point for investors. CEO Adena Friedman's upcoming presentation at the 2025 UBS Financial Services Conference is another event to look forward to. Noteworthy is the projected growth for Nasdaq, with analysts setting the price target to around $85-$96. Insiders, however, sold US$7.8m of shares, indicating some hesitance. Nasdaq is expected to enhance post-trade infrastructure in partnership with FIA Tech and has also announced the declaration of a $0.24 quarterly dividend. Looking forward, the focus is on Nasdaq's strong potential as a
fintech powerhouse, as it continues to innovate and surpass revenues. Predictions suggest strong price appreciation in the future.
Nasdaq NDAQ News Analytics from Wed, 29 May 2024 07:00:00 GMT to Sat, 08 Feb 2025 12:00:24 GMT -
Rating 7
- Innovation 7
- Information 8
- Rumor 5
