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Barchart
Barchart
Mark R. Hake, CFA

Nasdaq Inc Produces Strong Earnings and Cash Flow - NDAQ Could be Cheap

Nasdaq, Inc. (NDAQ) reported today an adjusted +11% YoY increase in Q3 net revenue and a +19% YoY net earnings per share gain. Moreover, it generated over $2 billion in operating cash flow in the past year. NDAQ stock could be undervalued if this continues and could be worth $100 per share.

NDAQ is at $91.70 after the news today, up over 3%. This is after hitting a recent low of $86.73 on Sept. 25. But it's still well off recent highs in the mid-$90s in August.

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