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Nasdaq, Inc.
$104.36▼ 0.34% today
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Why Nasdaq, Inc. (NDAQ) stock moved

Updated Oct 28, 2026

Nasdaq, Inc. (NDAQ) shares fell 0.3% to $104.36 as of October 28, 2026, a slight decline from the prior close of $104.72. BestStocks flagged the session as a major change for NDAQ. The move is tied to company news. 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

Company News

Nasdaq appoints Andrew Murray as SVP to expand Financial Technology partnerships across Asia-Pacific. Leadership hire signals Nasdaq's strategic commitment to high-growth Asia-Pacific markets and revenue diversification.

This summary describes the catalyst and move as first detected on Oct 26, 2026, 10:24 AM 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.
NewsWeak confidence
Rel. volume
1.0×
Normal
Vs peers
—
No comparable peers
Market cap
$58.3B
NASDAQ Global Select
Analyst target
$113
+7.9% vs price
Price chart
Sep 28 – Oct 28
NVNNNNNNNFF$90$98$105Sep 28Oct 6Oct 13Oct 21Oct 28
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: Nasdaq announced record first-half 2026 results: $129.3B in capital raised and the largest IPO volume in U.S. exchange history, with 7 of the 10 largest IPOs of the year listing on its platform. Weighing against that: Negative session, down 0.3%; 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). Wall Street's consensus price target sits at $112.57, implying +7.9% upside from $104.36. BestStocks rates the overall signal quality weak (35/100). With earnings roughly 99 days out, the next report is the most likely near-term test of the move.

NDAQ price reaction

NDAQ last traded at $104.36, down $0.36 (-0.34%) from the previous close of $104.72. The session traded on 1.0× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $90.33 and $104.72, and it currently sits about 97% 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 $112.57, 7.9% above the recent $104.36. Over the past 90 days analysts logged 0 upgrades, 9 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 $112.57 implies +7.9% upside from $104.36.
  • The Street's most bullish target is $121.00 (+15.9%).
  • Nasdaq announced record first-half 2026 results: $129.3B in capital raised and the largest IPO volume in U.S. exchange history, with 7 of the 10 largest IPOs of the year listing on its platform.

The bearish case

  • The most bearish analyst target is $100.00 (-4.2%).
  • Negative session, down 0.3%.
  • 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).
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 Oct 28, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $113+7.9%
= 9 maintains
Wells Fargo maintained Equal Weight · 2026-10-23
SEC filings watch
8-K2026-10-26
Material event — review for impact
high
10-Q2026-10-22
Quarterly financial results
medium
8-K2026-10-22
Material event — review for impact
high
8-K2026-07-23
Material event — review for impact
high
Peer context
NDAQ-0.3%

Previous notable changes for NDAQ

Filings2026-10-26+2.1%
Nasdaq, Inc. (NDAQ) filed a new 8-K on October 26, 2026. The filing details were not disclosed in available sources.
News2026-10-23-0.7%
Gix Internet voluntarily delists from Tel Aviv Stock Exchange to trade exclusively on Nasdaq.
Valuation2026-10-22+7.5%via zacks.com ↗
Nasdaq, Inc. beat both Q3 earnings and revenue estimates, driving a 6.04% gain to $101.93 (from $96.12). The earnings report was filed today and confirmed by Zacks. Volume of 3.24 million shares is running 1.82x the historical average for this point in the session, reflecting elevated trading interest.
Filings2026-10-22+7.5%
Nasdaq, Inc. (NDAQ) filed an 8-K on October 22, 2026. The audit found no earnings announcement, analyst rating change, or price movement associated with this filing date.

In-depth NDAQ event analyses

Permanent, dated analyses of NDAQ's most significant sessions.
Upcoming catalysts & outlook
Next earnings
2027-02-04 (est.)
in 99 days
Earnings Release
2027-02-04
High impact
Thesis shift
Bearish Shift
bearish signal
Risk level
Medium
from change events

Frequently asked questions about NDAQ

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

NDAQ fell 0.3% to $104.36. 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 0.34% ($0.36) versus the prior close of $104.72, last trading at $104.36 on 1.0× average volume.

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

NDAQ's next earnings report is estimated for 2027-02-04 — about 99 days away.

What is the analyst price target for NDAQ?

The consensus analyst price target for NDAQ is $112.57, about 7.9% above the current $104.36. Over the past 90 days, analysts recorded 0 upgrades, 9 maintains, and 0 downgrades.

How BestStocks tracks NDAQ

This page is generated automatically by BestStocks' change-detection system after company news was detected and verified against independent data sources. 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 October 28, 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 filingsCompany news feedsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.