Significant negative changes in Nasdaq Inc (NASDAQ: NDAQ) fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Nasdaq Inc (NASDAQ: NDAQ). Important negative changes in investment behavior have recently occurred: its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
NDAQ is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Nasdaq has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Nasdaq has a neutral Appreciation Score of 56 but a good Power Rating of 74, resulting in the Positive Value Trend Rating.
Recent Price Action
Nasdaq Inc (NASDAQ: NDAQ) stock declined modestly by -1.3% on 5/30/24. The stock closed at $59.05. This decline was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months but has declined -5.4% during the last week.
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