Nasdaq Gestion
Gestion contrôle des critères 3/4
Le PDG Nasdaq est Adena Friedman, nommé en Jan2017, a un mandat de 9.5 ans. La rémunération annuelle totale est $ 25.01M, composée du salaire de 5.4% et des bonus 94.6%, y compris les actions et options de la société. détient directement 0.36% des actions de la société, d'une valeur de $ 185.39M. La durée moyenne de mandat de l'équipe de direction et du conseil d'administration est respectivement 5.3 ans et 8.2 ans.
Informations clés
Adena Friedman
Directeur général
US$25.0m
Rémunération totale
| Pourcentage du salaire du PDG | 5.44% |
| Durée du mandat du directeur général | 9.5yrs |
| Propriété du PDG | 0.4% |
| Durée moyenne d'occupation des postes de direction | 5.3yrs |
| Durée moyenne du mandat des membres du conseil d'administration | 8.2yrs |
Mises à jour récentes de la gestion
Recent updates
Seeking Alpha • Jul 10
Nasdaq: Evolution To AaaS And SEC's Liquidity Risk
Summary Nasdaq is rated a buy, favoring systematic accumulation, driven by its shift to a high-margin, platform-agnostic, agentic AI compliance model. NDAQ’s agentic AI-as-a-Service overlays legacy systems, accelerates enterprise adoption, and leverages a proprietary consortium data moat for regulatory reliability and labor displacement economics. FinTech division margin expansion (47% in Q1-2026, targeting 60%+) and scalable AaaS deployments position NDAQ for valuation multiple re-rating. The SEC's potential repeal of the trade-through ban poses a significant risk, threatening Market Services margins, rebate stability, and the upcoming 23/5 Always-On market launch. Read the full article on Seeking Alpha
Mise à jour du récit • Jun 18
NDAQ: AI And Crypto Derivatives Expansion Will Support Post 2026 Re Rating
Nasdaq's updated analyst price target edges higher by about $0.07, with analysts pointing to steady expectations for revenue growth, profit margins and future P/E multiples, as well as research highlighting potential long-term benefits from retail trading volumes and prediction market opportunities. Analyst Commentary Recent research on Nasdaq stock highlights a mix of optimism around long-term growth drivers and some caution around competitive pressures in certain trading products.Mise à jour du récit • Jun 04
NDAQ: Tokenization And Extended Trading Hours Will Support Post 2026 Re Rating
Analysts have made a small trim to the fair value estimate for Nasdaq, with the updated price target now about $0.20 lower. They are factoring in slightly higher long run revenue growth, a modestly softer profit margin profile, a marginally lower discount rate, and a steady future P/E multiple, supported by recent research that sees limited impact from new bitcoin futures competition and mixed but generally constructive recalibrations from major firms.Mise à jour du récit • Apr 26
NDAQ: AI And Fintech Platform Durability Will Support Re Rating Beyond 2026
Analysts have slightly adjusted the Nasdaq price target to about $106.70 from roughly $106.90, reflecting modest tweaks to assumptions on growth, margins and future P/E, while citing continued confidence in the durability of its platform and its role in financial technology and AI. Analyst Commentary Recent Street research on Nasdaq reflects a mix of optimism and caution, with several firms adjusting price targets around the low US$100s and refining their views on execution, valuation and growth in financial technology and AI.Mise à jour du récit • Apr 11
NDAQ: AI And Fintech Platform Durability Will Drive Re Rating Beyond 2026
Nasdaq's analyst fair value estimate has been reduced by about $3 to $106.87, as analysts modestly adjust assumptions for growth, margins, and future P/E, while still emphasizing the durability of its technology platform and AI exposure highlighted in recent research. Analyst Commentary Recent Street research on Nasdaq reflects a mix of optimism around the company’s platform and AI exposure, alongside a few more cautious tweaks to price targets and ratings.Mise à jour du récit • Mar 27
NDAQ: AI And Fintech Platform Durability Will Drive Re Rating Through 2026
Narrative Update on Nasdaq The updated analyst price target for Nasdaq edges higher to about $110 from roughly $109, with analysts pointing to refined assumptions around slightly higher revenue growth, a stable discount rate, and a modestly higher future P/E as they gain confidence in the durability of the platform and its exposure to financial technology and AI. Analyst Commentary Recent research updates cluster around higher price targets and an upgraded rating, all tied to views on Nasdaq's platform durability, execution in financial technology, and exposure to AI themes.Mise à jour du récit • Mar 12
NDAQ: AI And Fintech Platform Strength Will Support Re Rating Through 2026
The implied fair value estimate for Nasdaq has inched up by about $0.80 to $108.53 as analysts factor in updated revenue growth assumptions, modest tweaks to discount and margin inputs, and a series of recent price target increases that highlight confidence in the durability of its platform and its role as a beneficiary of AI. Analyst Commentary Recent research commentary on Nasdaq has been broadly constructive, with several bullish analysts adjusting price targets higher and one upgrade following the latest investor day.Mise à jour du récit • Feb 26
NDAQ: Higher Quality Solutions Mix Will Support Re Rating On Execution Through 2026
Nasdaq's updated analyst price target edges down by about $0.60 as analysts factor in slightly softer revenue growth and modestly lower future P/E assumptions, even as recent research notes have continued to lift individual firm targets in the $113 to $120 range. Analyst Commentary Recent research on Nasdaq shows most price targets moving higher into the low to mid US$110s, with a few reaching US$120.Mise à jour du récit • Feb 10
NDAQ: Higher Quality Solutions Mix Will Support Share Re Rating Through 2026
Nasdaq's updated analyst price target edges lower to about $108 from roughly $109 as analysts factor in slightly softer modeled revenue growth, a modest tweak to discount rates, and a lower assumed future P/E multiple. This is partly offset by a small uplift in expected profit margins and a series of recent target increases from major firms.Mise à jour du récit • Jan 26
NDAQ: Solutions Shift And Higher Quality Revenue Mix Will Drive Upside Through 2026
Analysts have nudged their fair value estimate for Nasdaq higher to about $109.36 from $104.67, citing slightly stronger profit margin assumptions, modestly adjusted revenue growth expectations, and a higher future P/E multiple, supported by recent rounds of price target increases from firms across the Street. Analyst Commentary Recent Street research has tilted more constructive on Nasdaq, with several price target increases and at least one rating upgrade contributing to the higher fair value estimate.Mise à jour du récit • Jan 12
NDAQ: Technology Solutions And AI Surveillance Will Shape Balanced Risk Reward Through 2026
Analysts have nudged their average price targets for Nasdaq higher, reflecting a modest increase in fair value to about $104.67. This comes as they factor in updated models, recent price target hikes across several firms, and continued focus on the company’s exchange and technology solutions businesses.Mise à jour du récit • Dec 24
NDAQ: Technology Solutions Mix Will Support Balanced Risk Reward Into 2026
Analysts have nudged their fair value estimate for Nasdaq higher to $104 from about $103, citing an improved revenue growth trajectory, a modestly lower discount rate, and expectations that the company’s ongoing shift toward higher quality, technology driven revenue streams will support a richer future earnings multiple. Analyst Commentary Recent Street research reflects a broadly constructive stance on Nasdaq, with multiple firms lifting price targets and highlighting strengthening fundamentals across the company’s technology and solutions businesses.Mise à jour du récit • Dec 10
NDAQ: Higher Quality Solutions Revenue Will Drive Continued Share Upside Into 2026
Analysts have nudged their average price target for Nasdaq higher to the low $110s from the high $100s, citing accelerating, higher quality solutions revenue and a supportive macro backdrop that they expect will sustain or even quicken the company’s growth momentum into 2026. Analyst Commentary Street research in recent weeks has grown more constructive on Nasdaq, pointing to an improving earnings trajectory and a higher quality revenue mix that is reinforcing the stock's re-rating case.Mise à jour du récit • Nov 26
NDAQ: Accelerating Solutions Business Momentum Will Support Further Share Upside Into 2026
Analysts have raised their price target for Nasdaq, increasing it by approximately $0.78 to $103.13. They cite accelerating revenue growth across its solutions business and a constructive outlook supported by recent research updates.Mise à jour du récit • Nov 09
NDAQ: Continued Revenue Momentum Will Drive Performance After Strong Q3 Results
The analyst price target for Nasdaq has been raised by $1, with analysts citing strong Q3 results and continued revenue growth momentum as key drivers for the positive revision. Analyst Commentary Recent commentary from research analysts highlights both positive outlooks and areas of caution regarding Nasdaq's performance and future prospects.Mise à jour du récit • Oct 26
Momentum in Technology and AWS Collaboration Will Drive Broader Market Transformation
Analysts have slightly increased their price target for Nasdaq, raising it by $1.00 to $102.67. They cite strong recent earnings results and continued momentum in core business segments.Mise à jour du récit • Oct 12
Product Investments And AWS Partnership Will Modernize Global Markets
Nasdaq's analyst price target saw a modest increase of $1.00, with analysts citing steady revenue growth, resilient profit margins, and positive momentum in market services and index businesses as factors supporting this upward adjustment. Analyst Commentary Recent analyst research on Nasdaq highlights a broadly constructive tone, with incremental adjustments to price targets and nuanced views on future growth and market execution.Seeking Alpha • Apr 25
Nasdaq: Re-Rating After Coming Through
Summary Nasdaq, Inc.'s $10.5 billion acquisition of Adenza in 2023 has strengthened and diversified its business, despite initial concerns about leverage and dilution. Organic growth and earnings have rebounded, justifying a re-rating of shares, which now trade at a modest premium to the market. Nasdaq's impressive operating margins and strategic divestments have helped reduce leverage, making it relatively attractive compared to pricey peers. While Nasdaq's fundamentals are strong, and growth prospects are decent, I am not in a rush to chase NDAQ shares at current levels. Read the full article on Seeking AlphaSeeking Alpha • Feb 02
Nasdaq: Debt Reduction Underway And Company Well Positioned
Summary Nasdaq's management has improved its balance sheet and debt position, but the current valuation remains too high for a rating upgrade from Hold. The company has successfully reduced its leverage ratio to 3.6x within 12 months, ahead of its 18-month target. Despite strong recent performance, Nasdaq's valuation is driven by multiple expansion rather than earnings growth, suggesting potential future multiple compression. Read the full article on Seeking AlphaSeeking Alpha • Dec 26
Beyond The Index: Why Nasdaq Is A Fintech Powerhouse
Summary Nasdaq's Q3 2024 revenue surged 22% YoY, driven by a 26% increase in Index revenue from ETPs, and returned $138 million to shareholders. The Adenza acquisition bolstered Nasdaq's financials, contributing $146 million in Q3 2024 revenue and achieving 80% expense synergy targets, with strong free cash flow projections. Market volatility poses a significant risk; however, upcoming IPOs, deregulation, and new crypto products could catalyze capital market growth in 2025. Nasdaq's monopolistic nature and tech-forward strategy make it a compelling investment, with expectations to surpass a $50 billion market cap by mid-2025. Read the full article on Seeking AlphaSeeking Alpha • Oct 25
Nasdaq: Once Again Reports A Solid Quarter Of Organic Solutions Revenue Growth
Summary Nasdaq's 3Q24 earnings exceeded expectations with non-GAAP revenue of $1.18bn (+26% Y/Y) and adjusted EPS of $0.74, beating consensus estimates. Strong organic growth across Nasdaq’s business lines, particularly in Index, and effective integration of Adenza highlight robust operational performance. Despite solid results, I maintain a HOLD rating due to limited upside potential, with Nasdaq's shares offering less than 10% upside, in my view. Nasdaq's focus on deleveraging and achieving expense synergies from the Adenza acquisition underscores its strong financial management and strategic execution. Read the full article on Seeking AlphaAnalyse de la rémunération des PDG
| Date | Rémunération totale | Salaire | Bénéfices de l'entreprise |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$2b |
| Dec 31 2025 | US$25m | US$1m | US$2b |
| Sep 30 2025 | n/a | n/a | US$2b |
| Jun 30 2025 | n/a | n/a | US$2b |
| Mar 31 2025 | n/a | n/a | US$1b |
| Dec 31 2024 | US$22m | US$1m | US$1b |
| Sep 30 2024 | n/a | n/a | US$959m |
| Jun 30 2024 | n/a | n/a | US$947m |
| Mar 31 2024 | n/a | n/a | US$991m |
| Dec 31 2023 | US$18m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$28m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$20m | US$1m | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$16m | US$1m | US$933m |
| Sep 30 2020 | n/a | n/a | US$911m |
| Jun 30 2020 | n/a | n/a | US$797m |
| Mar 31 2020 | n/a | n/a | US$730m |
| Dec 31 2019 | US$14m | US$1m | US$774m |
Rémunération vs marché: La rémunération totale de Adena ($USD 25.01M ) est supérieure à la moyenne des entreprises de taille similaire sur le marché US ($USD 14.67M ).
Rémunération et revenus: La rémunération de Adena a été cohérente avec les performances de l'entreprise au cours de l'année écoulée.
PDG
Adena Friedman (56 yo)
9.5yrs
Titularisation
US$25,014,550
Compensation
Ms. Adena T. Friedman has been Chief Executive Officer and Director of Nasdaq, Inc. since January 1, 2017 and serves as its Chairman since January 01, 2023 and served as President since June 16, 2014 until...
Équipe de direction
| Nom | Position | Titularisation | Compensation | Propriété |
|---|---|---|---|---|
| CEO & Chairman | 9.5yrs | US$25.01m | 0.36% $ 185.4m | |
| President | 3.3yrs | US$8.36m | 0.041% $ 21.3m | |
| President | 3.3yrs | US$17.37m | 0.023% $ 11.7m | |
| Executive VP & CFO | 2.6yrs | US$9.95m | 0.0024% $ 1.2m | |
| Executive VP | 13.4yrs | US$6.12m | 0.019% $ 9.6m | |
| Senior VP | 5.2yrs | pas de données | 0.0018% $ 915.1k | |
| Senior VP & Investor Relations Officer | 3.3yrs | pas de données | pas de données | |
| Executive VP and Global Chief Legal | 6.8yrs | pas de données | 0.027% $ 13.9m | |
| Senior VP & Chief Marketing Officer | 5.5yrs | pas de données | pas de données | |
| Executive VP & Chief People Officer | 13.9yrs | pas de données | 0.012% $ 6.3m | |
| Senior Managing Director of EMEA | no data | pas de données | pas de données | |
| Vice Chairman | no data | pas de données | pas de données |
5.3yrs
Durée moyenne de l'emploi
54yo
Âge moyen
Gestion expérimentée: L'équipe dirigeante de NDAQ est chevronnée et expérimentée (5.3 années d'ancienneté moyenne).
Membres du conseil d'administration
| Nom | Position | Titularisation | Compensation | Propriété |
|---|---|---|---|---|
| CEO & Chairman | 9.5yrs | US$25.01m | 0.36% $ 185.4m | |
| Lead Independent Director | 18.3yrs | US$450.16k | 0.040% $ 20.7m | |
| Independent Director | 3.3yrs | US$395.70k | 0.0032% $ 1.7m | |
| Independent Director | 7.3yrs | US$385.74k | 0.0095% $ 4.9m | |
| Independent Director | 12.2yrs | US$389.74k | 0.0081% $ 4.2m | |
| Chairman of Advisory Board | less than a year | US$3.45m | pas de données | |
| Independent Director | 18.3yrs | US$356.11k | 0.025% $ 13.0m | |
| Independent Director | 11.3yrs | US$555.72k | 0.018% $ 9.2m | |
| Independent Director | 4.8yrs | US$379.74k | 0.0036% $ 1.9m | |
| Independent Director | 4yrs | US$367.24k | 0.0072% $ 3.7m | |
| Independent Director | 9.2yrs | US$413.46k | 0.0091% $ 4.7m | |
| Independent Director | 3.5yrs | US$352.24k | 0.0013% $ 673.4k |
8.2yrs
Durée moyenne de l'emploi
64yo
Âge moyen
Conseil d'administration expérimenté: Les membres du conseil d'administration de NDAQ sont considérés comme expérimentés (ancienneté moyenne 8.2 ans).
Analyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/07/23 04:21 |
| Cours de l'action en fin de journée | 2026/07/23 00:00 |
| Les revenus | 2026/06/30 |
| Revenus annuels | 2025/12/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
|
| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github ; nous proposons également des guides sur la façon d’utiliser nos rapports et des tutoriels sur YouTube.
Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
Nasdaq, Inc. est couverte par 30 analystes. 13 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| Kevin Heal | Argus Research Company |
| Benjamin Budish | Barclays |
| Roger Freeman | Barclays |