Nasdaq (NDAQ) Stock Price

Financial Performance

Nasdaq's recent financial performance has been strong, with revenue of $2.1B in the last quarter, up by 3% from the previous quarter and by 9.9% year over year. The gross profit was significantly impressive at $1.7B, showing a substantial increase of 114% from the previous quarter and a whopping 136.1% YoY growth. Operating income also shows a healthy trend - up by 5.8% QoQ and 22.1% YoY to reach $547M.

The EBITDA ratio at 0.26 indicates that Nasdaq is generating a healthy amount of operating cash flow for each dollar of revenue earned.

Stock Price

The stock price is currently at $85.46, representing an increase of 5.1% in the last month and an impressive rise of approximately 46% YoY which indicates investors' positive sentiment towards the company's growth prospects.

The RSI value stands at a high level of around 80 indicating that it might be overbought while the stock's current price is above its 200-day moving average ($77.04), suggesting an overall bullish trend.

Alternative Data Signals

Despite a slight decrease in web traffic (-7.7%) and job postings (-9%), Nasdaq maintains a strong digital presence with growing followers on Twitter (+33%) and Instagram (+14%). Furthermore, employee outlook remains largely positive despite minor decreases MoM and YoY.

Conclusion

In conclusion, based on robust financial performance, bullish stock price trends, slightly mixed alternative data signals but overall positive sentiments across employees and social media followers, the analysis is bullish for Nasdaq's stock.

Note: This AI Stock Analysis is based on data as of June 09. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Nasdaq (NDAQ), currently trading at $93.1, will... Sign up to access price prediction.