UBS Reiterates Buy Rating on Nasdaq OMX Group Inc. (NDAQ), Stock Remains 'Top Exchange Pick'

UBS analyst Alex Kramm reiterated a Buy rating and $120.00 price target on Nasdaq OMX Group Inc. (NASDAQ: NDAQ).

The analyst commented, "Following NDAQ's March metrics release, we are maintaining our 1Q26 estimate of $0.92 (vs. $0.93 Street). While our estimate for market services revenue comes up slightly, primarily on the back of strong cash equities , this is offset by lower expected index revenues, which come down 2% (on weaker AUM growth and derivatives activity). That said, key performance metrics should remain strong, as we model organic solutions growth of 11.2% and FinTech ARR growth of 13.8% y/y. NDAQ remains our top exchange pick on the back of strong expected solutions/FinTech growth and continued volume strength in US equities and options. At the same time, AI disruption fears are misplaced in our opinion."

For an analyst ratings summary and ratings history on Nasdaq OMX Group Inc. click here. For more ratings news on Nasdaq OMX Group Inc. click here.

Shares of Nasdaq OMX Group Inc. closed at $83.16 yesterday.

You May Also Be Interested In

• Tesla Crash Into Texas Home Now Under Federal Safety Probe - WSJ
• A.O. Smith executive chairman to retire, CEO to assume chairman role
• Qualcomm (QCOM) PT Raised to $195 at BofA Securities