Nasdaq reports 14 percent organic growth. Nasdaq stock holds USD 57.7 billion value

Published on 10/23/2026 at 11:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nasdaq posted USD 1.5 billion revenue in the third quarter. Nasdaq stock costs EUR 91.50 on October 23, 2026 beside a USD 103.30 close on October 22.

Growth, dates and valuation

Nasdaq reported 14 percent organic net revenue growth on October 22, 2026.
Annualized recurring revenue reached USD 3.4 billion in the third quarter of 2026.
Nasdaq stock trades at EUR 91.50 at 11:17 a.m. CEST at Lang & Schwarz on October 23, 2026.

Draufsicht auf Aktienzertifikat, ISIN-Karte und gedruckte Marktcharts auf dunklem Holztisch — Nasdaq Inc. US6311031081 Flatlay mit Aktienzertifikat ISIN Karte und Marktdaten Charts auf Tisch, Illustration mit AI erstellt.

Nasdaq stock was trading at EUR 91.50 at Lang & Schwarz on October 23, 2026 at 11:17 a.m. CEST. Nasdaq reported third-quarter 2026 net revenue of USD 1.5 billion on October 22, up 13 percent from the third quarter of 2025 and 14 percent organically.

Recurring revenue leads growth

The strongest operating signal was the shift toward recurring technology and data income. Solutions revenue reached USD 1.2 billion in the third quarter of 2026, rising 17 percent on a reported basis and 18 percent organically from the prior-year quarter, according to Nasdaq's release.

Annualized recurring revenue rose 12 percent on a reported basis and 14 percent organically to USD 3.4 billion in the third quarter of 2026. Financial Technology revenue increased 16 percent to USD 529 million, while Index revenue climbed 39 percent to USD 286 million.

What do the analyst targets show?

The post-results valuation remains contested rather than one-directional. MarketBeat reported that Goldman Sachs lifted its target from USD 108.00 to USD 109.00 on October 2, 2026, while JPMorgan raised its target from USD 114.00 to USD 120.00 on October 8, 2026.

Three dated milestones

On October 2, 2026, Goldman Sachs raised its target to USD 109.00, and on October 8, 2026, JPMorgan lifted its target to USD 120.00, according to MarketBeat. On October 22, 2026, Nasdaq reported GAAP diluted earnings per share of USD 0.96 for the third quarter, up 31 percent from USD 0.73 in the prior-year quarter.

Next date on the calendar

Nasdaq's release says the Nasdaq Stock Market remains on track to begin 23/5 trading on December 6, 2026. That planned expansion would extend access to U.S.-listed equities beyond the current trading schedule, while the latest results put the emphasis on technology revenue and recurring contracts.

Stock quote and company profile

Nasdaq's primary listing is on The Nasdaq Stock Market, and the stock closed at USD 103.30 there on October 22, 2026. The same quote showed a 52-week range of USD 76.55 to USD 103.39 and a market capitalization of USD 57.7 billion. The company reported USD 521 million in operating cash flow for the third quarter of 2026.

Nasdaq's quarter combined higher recurring revenue with a larger technology contribution, but the share price reference for German investors remains the euro quotation. The further course of trading is shown by the continuously updated real-time quote of Nasdaq stock.