Nasdaq, Inc. (NASDAQ:NDAQ) is a global technology company that provides market technology solutions, anti-financial crime software as a service (SaaS), market data, and index licensing. It plays a crucial role in the financial markets, offering a platform for trading and listing securities. Nasdaq competes with other major exchanges like the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE).
On October 13, 2025, Raymond James reaffirmed its "Outperform" rating for NDAQ, with the stock priced at $88.90. The firm also increased its price target from $99 to $100, indicating confidence in Nasdaq's future performance. This update comes as the stock has shown a 24.4% increase over the past year, outperforming the S&P 500 by 4.2 percentage points.
Graphene Investments SAS recently disclosed a new position in Nasdaq, acquiring 37,500 shares valued at approximately $3.32 million. This acquisition, reported to the Securities and Exchange Commission, represents 2.1% of Graphene's reportable assets under management, making it the fund's 15th-largest holding. This move suggests institutional confidence in Nasdaq's growth potential.
As of October 6, 2025, Nasdaq shares were priced at $88.17, and by October 13, 2025, the price had slightly increased to $88.90. The stock has traded between $88.85 and $91.96 on the day, with a market capitalization of approximately $51 billion. The trading volume on the NASDAQ exchange was 3,339,837 shares, reflecting active investor interest.
Despite a recent decrease of 2.74% or $2.50, Nasdaq's stock has shown resilience, with a 52-week high of $97.63 and a low of $64.84. The company's diverse offerings in market technology and data services continue to attract investors, as highlighted by Graphene Investments' recent acquisition.
