Barclays cut target for Nasdaq stock to USD 109.00

Published on 10/12/2026 at 11:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 15.00 percent to USD 1.50 billion in the second quarter of 2026. Nasdaq stock was EUR 83.70 on October 12, 2026, with EUR 45.79 billion value.

Key points in brief

Barclays lowered its Nasdaq target from USD 111.00 to USD 109.00 on October 7, 2026, while maintaining an Overweight rating.
Nasdaq reported USD 1.50 billion in net revenue for the second quarter of 2026, up 15.00 percent year over year.
The stock was EUR 83.70 at Lang & Schwarz on October 12, 2026, and the company had EUR 45.79 billion in market value on October 7.
Nasdaq's next quarterly results are scheduled for October 22, 2026, before the US market open.

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Nasdaq Inc. (ISIN US6311031081) was trading at EUR 83.70 at Lang & Schwarz on October 12, 2026, at 11:14 a.m. CEST. Barclays cut its Nasdaq target from USD 111.00 to USD 109.00 on October 7, 2026, while maintaining an Overweight rating, according to Markets Insider.

Barclays trims its target

The target reduction came as part of Barclays' third-quarter earnings preview. The note cited varied but still strong exchange-volume expectations, keeping the rating positive while reducing the valuation reference.

Second-quarter growth reached 15.00 percent

Nasdaq reported USD 1.50 billion in net revenue for the second quarter of 2026, up 15.00 percent from the year-earlier period, according to Fortune. The same results showed USD 1.20 billion in solutions revenue, up 17.00 percent, while annualized recurring revenue reached USD 3.30 billion, up 12.00 percent year over year.

Reported net income was USD 507.00 million and diluted earnings per share were USD 0.89 for the quarter, while adjusted earnings per share reached USD 1.07. The operating margin was 57.00 percent, two percentage points above the year-earlier period, according to MarketBeat.

Three dated milestones shape the story

On July 23, 2026, Nasdaq reported its second-quarter figures, including USD 1.50 billion in net revenue and 15.00 percent growth, according to Fortune. On September 10, 2026, Nasdaq Ventures agreed to invest USD 100.00 million in Payward, the parent of Kraken, according to MarketBeat. On October 7, 2026, Barclays lowered its target from USD 111.00 to USD 109.00, as reported by Markets Insider.

What comes next for Nasdaq?

Nasdaq's next quarterly results are scheduled for October 22, 2026, before the US market open, according to Gekko. The next report will test whether the 15.00 percent second-quarter net-revenue growth and 57.00 percent operating margin can support the valuation after Barclays' target cut.

Stock price and market value

Nasdaq's EUR 83.70 Lang & Schwarz price on October 12, 2026, was an intraday indication at 11:14 a.m. CEST. The Xetra quote page showed EUR 45.79 billion in market capitalization on October 7, 2026, alongside the NDAQ symbol and S&P 500 membership.

The further course of trading is shown by the continuously updated real-time quote of Nasdaq stock.