- Nasdaq Inc.’s Capital Access Platforms revenue in Q4 increased by 11% year-over-year to $511 million, meeting the estimate of $506.5 million.
- Financial Technology revenue grew by 9.8% year-over-year to $438 million, slightly below the estimate of $440.8 million.
- The adjusted earnings per share (EPS) for the quarter was 76 cents.
- The adjusted operating margin for Nasdaq remained consistent at 55% compared to the previous year.
- Adjusted operating expenses rose by 10% year-over-year to $556 million, slightly below the estimate of $560.2 million.
- The company’s cash and cash equivalents increased by 31% year-over-year to $592 million, significantly surpassing the estimate of $465.1 million.
- For 2025, Nasdaq expects non-GAAP operating expenses to be between $2,245 million and $2,325 million.
- The company anticipates its 2025 non-GAAP tax rate to be between 22.5% and 24.5%.
- Analyst ratings for Nasdaq are 17 buys, 6 holds, and 1 sell.
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Nasdaq Inc on Smartkarma
On Smartkarma, independent analysts like Nikolas Tangen and Adena Friedman provide insightful coverage of Nasdaq Inc. In a research report titled “Nasdaq CEO: Tech Innovation, Leadership and Fighting Financial Crime,” Nicola Tangen from Norway’s sovereign wealth fund engages in an interview with Nasdaq CEO Adena Friedman. The report discusses Nasdaq’s vision as a global tech leader in financial markets, emphasizing the importance of integrity, transparency, and trust in the financial system. Adena Friedman shares her leadership journey, highlighting the significance of empowerment, curiosity, and kindness in leadership, drawing lessons from activities like Korean kickboxing, pottery, and pickleball for relaxation and personal growth.
Another analyst, Dimitris Ioannidis, offers bullish coverage in the report “Nasdaq (NDAQ): $2.7bn Offering’s Global Index Implications.” The report delves into Nasdaq’s $2.7bn secondary offering, anticipating implications for global indices. The offering is expected to trigger intra-quarter implementations for main global indices, with a significant forecasted passive fund demand. Factors like the free float increase due to Thoma Bravo’s substantial stake offering are expected to influence market dynamics, with a focus on the materialization of the forecasted demand by August 1, 2024.
A look at Nasdaq Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Nasdaq Inc, the company’s future outlook appears to be promising. With a strong momentum score of 4, Nasdaq Inc is showing positive traction in the market, indicating a potential for continued upward movement. This suggests that the company is experiencing favorable investor sentiment and market performance.
Additionally, Nasdaq Inc‘s value and growth scores of 3 each highlight a solid foundation and potential for expansion. While the dividend and resilience scores are not as high at 2 each, these factors do not overshadow Nasdaq Inc‘s overall positive outlook. As a global stock exchange operator offering a range of services worldwide, Nasdaq Inc seems positioned for long-term success and growth in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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