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Morningstar

Morningstar

•

Oct 22, 2026

Nasdaq, Inc.: Nasdaq Earnings: Net Income Increases by Double Digits Despite Modest Exchange Revenue Growth

Symbols

NDAQ

Sector(s)

Financial Services

Rating

Current Price

106.23

Fair Value

Economic Moat

Stewardship

Summary

Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment

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