Shares of Nasdaq Inc. (NASDAQ:NDAQ) climbed to an all-time peak of $89.71, marking a key achievement for the company. With a market value now standing at $51.4 billion, the stock is trading close to its 52-week high of $89.64, reflecting strong upward momentum. Over the past year, Nasdaq’s shares have surged by over 49%, highlighting robust performance and growing investor confidence. The company has consistently paid dividends for 14 years running, currently offering a yield of 1.21%. This record stock price underscores Nasdaq’s solid growth and resilience in today’s competitive market environment. As Nasdaq continues to innovate and broaden its services, market participants have responded favorably, pushing the stock to new highs.
In recent developments, Nasdaq announced the successful election of all nominated directors to the boards of the six U.S. exchanges it manages, including The Nasdaq Stock Market LLC and Nasdaq PHLX LLC. This outcome was confirmed at the company’s Annual Shareholders Meeting, where all 12 nominated candidates won seats. The board now includes leaders from notable firms such as AT&T and General Electric (NYSE: GE).
Goldman Sachs has reaffirmed its Buy rating on Nasdaq shares, citing optimism about the company’s growth potential—particularly in its Financial Technology and Index divisions. The investment bank pointed to Nasdaq’s recent expansion through acquisitions like AxiomSL and Verafin, anticipating accelerated revenue growth by 2025.
Additionally, Nasdaq has teamed up with Nasdaq Private Market to launch Tape D, a new real-time dataset offering private company information aimed at improving transparency for pre-IPO firms. This tool is expected to provide valuable insights to investors, banks, and other market participants.
Finally, Nasdaq announced the reinstatement of trading for Damon Inc., following a previous suspension for undisclosed reasons, ensuring equal access to market information for all investors.