Based on the current market data and recent developments, here's a concise analysis of NDAQ stock:
Technical Analysis
The stock is currently trading at $81.91, showing a decline of -1.10% in regular market trading . The stock is trading above its 60-day SMA of $79.80 but slightly below its 20-day SMA of $80.37, indicating a mixed short-term trend.
Recent Performance & Fundamentals
NDAQ recently reported strong Q4 2024 results with:
- Revenue growth of 10% YoY to $1.227 billion
- Adjusted EPS of $0.76, beating analyst estimates
- ARR growth of 7% YoY to $2.77 billion
Analyst Sentiment
Recent analyst actions have been predominantly positive, with multiple firms raising their price targets. The current average price target is $90.64, suggesting an upside potential of approximately 10.7% from current levels.
Market Position
The company maintains its strong position in market services (35% of sales), information services (30%), corporate services (20%), and market technology (15%). The recent integration of AxiomSL and Calypso has strengthened its technological capabilities.
Based on the technical indicators, fundamental strength, and positive analyst sentiment, SELL NDAQ at current levels. The stock is showing weakness in the short term, trading below its 20-day SMA, and the current market conditions suggest potential downside risk. Consider re-entering at lower support levels around $77-78 based on fibonacci support levels.