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Last update: Sep 16, 2026, 5:08 PM ET
Nasdaq, Inc.
$88.76 0.53% today
Pre-market

Why Nasdaq, Inc. (NDAQ) stock moved

Updated Sep 17, 2026

Nasdaq, Inc. (NDAQ) shares fell 0.5% to $88.76 as of September 17, 2026, a slight decline from the prior close of $89.23. BestStocks flagged the session as a major change for NDAQ. Below, we break down what changed for NDAQ, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

NDAQ fell 0.5% to $88.76

Nasdaq, Inc. fell 2.04% to $89.70 as the broader Nasdaq index declined on AI safety concerns and record Treasury yields ahead of a Federal Reserve meeting (Investors.com, 2026-09-14). Trading volume of 924,751 shares ran at 0.50x the time-adjusted expected level, suggesting below-average participation. Earnings on 2026-10-20 (consensus EPS $1.03); monitor whether Fed announcements and equity market stabilization support a rebound in trading volumes.

This summary describes the catalyst and move as first detected on Sep 15, 2026, 1:53 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
RiskWeak confidence
Rel. volume
0.9×
Below Avg
Vs peers
No comparable peers
Market cap
$49.6B
NASDAQ Global Select
Analyst target
$113
+27.8% vs price
Price chart
Aug 17 – Sep 17
VEEVEV$89$94$100Aug 17Aug 25Sep 1Sep 10Sep 17
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Nasdaq, Inc. investors

For Nasdaq, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum; Nasdaq, Inc. (NDAQ) moved +3.16% from $91.36 to $94.25 on 2026-07-16. Weighing against that: Material negative event; Negative session, down 0.5%. Wall Street's consensus price target sits at $113.40, implying +27.8% upside from $88.76. BestStocks rates the overall signal quality weak (35/100). With earnings roughly 33 days out, the next report is the most likely near-term test of the move.

NDAQ price reaction

NDAQ last traded at $88.76, down $0.47 (-0.53%) from the previous close of $89.23. The session traded on 0.9× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $88.76 and $99.47, and it currently sits about 0% of the way up that band.

Bullish and bearish analyst opinions on Nasdaq, Inc. (NDAQ)

The consensus analyst price target on Nasdaq, Inc. (NDAQ) is $113.40, 27.8% above the recent $88.76. Over the past 90 days analysts logged 0 upgrades, 8 maintains, and 0 downgrades. Here is how the bullish and bearish cases on NDAQ line up.

The bullish case

  • Wall Street's consensus price target of $113.40 implies +27.8% upside from $88.76.
  • The Street's most bullish target is $120.00 (+35.2%).
  • Positive price momentum.
  • Nasdaq, Inc. (NDAQ) moved +3.16% from $91.36 to $94.25 on 2026-07-16.

The bearish case

  • Material negative event.
  • Negative session, down 0.5%.
  • Nasdaq, Inc. fell 2.04% to $89.70 as the broader Nasdaq index declined on AI safety concerns and record Treasury yields ahead of a Federal Reserve meeting (Investors.com, 2026-09-14).
  • Nasdaq shares fell 2.17% to $92.17, likely weighed by broader market sentiment rather than company-specific news.
  • Nasdaq, Inc. (NDAQ) moved -2.77% from $94.25 to $91.64 on 2026-07-17.
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Sep 17, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $113+27.8%
= 8 maintains
Keefe, Bruyette & Woods maintained Market Perform · 2026-07-24
SEC filings watch
10-Q2026-07-23
Quarterly financial results
medium
8-K2026-07-23
Material event — review for impact
high
8-K2026-07-01
Material event — review for impact
high
8-K2026-06-16
Material event — review for impact
high
Peer context
NDAQ-0.5%

Previous notable changes for NDAQ

Material / Earnings2026-09-16-0.5%
Nasdaq, Inc. (NDAQ) moved -0.54% from $89.24 to $88.76 on 2026-09-16. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The stock reached a new 30-day low on volume near its 5-day average.
Material / Earnings2026-09-11-0.9%
Nasdaq, Inc. (NDAQ) moved -1.34% from $92.43 to $91.19 on 2026-09-11. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with NDAQ reaching a new 30-day low; volume remained near its 5-day average.
Risk2026-09-10-2.3%via CNBC
Nasdaq shares fell 2.17% to $92.17, likely weighed by broader market sentiment rather than company-specific news. The session's trading volume of 1.39M shares runs at 0.75x normal pace for this time of day, suggesting subdued activity. Recent positive catalysts — the company's $100M investment in Kraken's parent (CNBC, Sept 10) to launch tokenized stock trading in 2027, and the upcoming Nasdaq listing of newcleo (announced Sept 9) — have not offset today's decline.
Material / Earnings2026-09-09-0.9%
Nasdaq, Inc. (NDAQ) moved -0.98% from $95.15 to $94.22 on 2026-09-09. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move appears to be technical: NDAQ reached a new 30-day low on below-average volume (0.8x the 5-day average).
Upcoming catalysts & outlook
Next earnings
2026-10-20 (est.)
in 33 days
10-Q Filing (est.)
2026-10-22
Medium impact
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about NDAQ

Why did Nasdaq, Inc. (NDAQ) stock move?

NDAQ fell 0.5% to $88.76. The move coincided with the context summarized above, though no single company-specific catalyst was independently confirmed.

How much did NDAQ stock fall?

NDAQ lost 0.53% ($0.47) versus the prior close of $89.23, last trading at $88.76 on 0.9× average volume.

When is Nasdaq, Inc.'s next earnings date?

NDAQ's next earnings report is estimated for 2026-10-20 — about 33 days away.

What is the analyst price target for NDAQ?

The consensus analyst price target for NDAQ is $113.40, about 27.8% above the current $88.76. Over the past 90 days, analysts recorded 0 upgrades, 8 maintains, and 0 downgrades.

How BestStocks tracks NDAQ

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared NDAQ-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for NDAQ, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 17, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.