Morgan Stanley cuts Nasdaq stock target from USD 120.00 to USD 118.00

Published on 10/13/2026 at 17:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nasdaq reports third-quarter results on October 22, 2026. Nasdaq stock costs EUR 84.00 on October 13, 2026 at 5:15 p.m. CEST.

Analyst target and earnings date

Morgan Stanley lowered Nasdaq's target from USD 120.00 to USD 118.00 on October 9, 2026.
Nasdaq's third-quarter results are scheduled for October 22, 2026.
Nasdaq stock costs EUR 84.00 at Lang & Schwarz on October 13, 2026 at 5:15 p.m. CEST.
Nasdaq trades at a price-to-earnings ratio of 27.41 and has market capitalization of USD 52.5 billion as of October 13, 2026.

Schwarz-Weiß-Reportage von Analysten vor großen Marktdaten-Bildschirmen im Kontrollraum — Nasdaq Inc. US6311031081 schwarz weisses Reportage Foto von Analysten vor grossen Marktdaten Bildschirmen, Illustration mit AI erstellt.

Nasdaq Inc. (ISIN US6311031081) is carrying a Morgan Stanley target of USD 118.00 after the firm lowered it from USD 120.00 on October 9, 2026, while keeping an Overweight rating, according to Markets Insider. The target lies 25.53 percent above Nasdaq's USD 94.00 Nasdaq-listed price at 11:26 a.m. ET on October 13, 2026. At Lang & Schwarz, Nasdaq stock was trading at EUR 84.00 on October 13, 2026 at 5:15 p.m. CEST.

Results date brings a near-term marker

Nasdaq has scheduled its third-quarter 2026 financial results announcement for October 22, 2026, according to the company's investor-relations release dated October 1, 2026. The release specifies an 8:00 a.m. ET results call and says the announcement is planned for approximately 7:00 a.m. ET, giving the stock a clearly defined event date.

The upcoming report follows second-quarter revenue of USD 2.53 billion and diluted earnings per share of USD 0.89 for the period ended June 30, 2026. The finance statement records revenue of USD 2.532 billion and net income attributable to common shareholders of USD 507.0 million for that quarter, while the recent analyst coverage cited adjusted earnings per share of USD 1.07 for the same reporting period.

Nasdaq stock stays below its yearly high

The Nasdaq-listed share price stood at USD 94.00 at 11:26 a.m. ET on October 13, 2026. Its 52-week range was USD 76.55 to USD 101.79, placing the price 7.65 percent below the high and 22.80 percent above the low.

Nasdaq's market capitalization was USD 52.5 billion on October 13, 2026, with a price-to-earnings ratio of 27.41. The combination places the analyst target above the latest US-listed price while the euro quotation remains the relevant view for German-market readers.

Comparison with peers

Nasdaq Inc. (Nasdaq, USD): P/E 27.41, market capitalization USD 52.5 billion

CME Group (Nasdaq, USD): plus 0.82 percent, P/E 23.72, market capitalization USD 100.5 billion

Intercontinental Exchange (NYSE, USD): plus 0.55 percent, P/E 22.36, market capitalization USD 88.9 billion

Price and scheduled date

Nasdaq stock was trading at EUR 84.00 at Lang & Schwarz on October 13, 2026 at 5:15 p.m. CEST. The next scheduled reporting date is October 22, 2026, while Morgan Stanley's USD 118.00 target remains dated October 9, 2026.

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