Morgan Stanley lifts target for Nasdaq stock to USD 132.00

Published on 10/27/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nasdaq posted USD 1.5 billion in third-quarter net revenue, up 13.00 percent. Nasdaq stock costs EUR 93.80 on October 27, 2026 in trading.

Morgan Stanley confirms USD 132 target

Morgan Stanley raised its Nasdaq target from USD 118.00 to USD 132.00 on October 23, 2026.
Third-quarter net revenue reached USD 1.5 billion, up 13.00 percent year over year.
Nasdaq stock costs EUR 93.80 at Lang & Schwarz on October 27, 2026 at 4:39 p.m. CEST.
Nasdaq plans to launch 23/5 trading on December 6, 2026.

Nasdaq Inc., US6311031081, Illustration mit AI erstellt.

Nasdaq stock (ISIN US6311031081) is trading at EUR 93.80 at Lang & Schwarz on October 27, 2026 at 4:39 p.m. CEST. Morgan Stanley raised its price target for Nasdaq from USD 118.00 to USD 132.00 on October 23, 2026, according to MarketScreener. Based on Nasdaq's USD 104.58 price at 11:47 a.m. EDT, the new target is 26.27 percent above the home-market price.

Third-quarter growth sets the baseline

Nasdaq reported third-quarter 2026 net revenue of USD 1.5 billion on October 22, up 13.00 percent from the third quarter of 2025. Solutions revenue increased 17.00 percent to USD 1.2 billion, while annualized recurring revenue rose 12.00 percent to USD 3.4 billion.

The earnings mix points to a business increasingly driven by recurring technology and index income. Index revenue reached USD 286.0 million in the third quarter, up 39.00 percent year over year, and trailing twelve-month net inflows reached USD 141.0 billion.

Nasdaq stock sits below its high

Nasdaq's USD 76.55 to USD 105.45 52-week range places the October 27 price at USD 104.58 near the upper end of that band. The range and market value come from the same October 27 quotation, preserving a consistent market snapshot.

Nasdaq carried a trailing P/E ratio of 28.55 and a market capitalization of USD 58.5 billion on October 27. CME Group traded at a P/E ratio of 24.36 with a USD 106.8 billion market capitalization, while Intercontinental Exchange had a P/E ratio of 22.31 and a USD 88.7 billion market capitalization.

Dates that shape the next phase

Nasdaq's next two dated milestones are the USD 0.31 ex-dividend date on December 4, 2026, listed by MarketScreener, and the planned launch of 23/5 trading on December 6, 2026, noted in the Investing.com transcript.

Valuation leaves earnings in command

The analyst target and the 28.55 P/E ratio put execution at the center of the stock discussion. Third-quarter GAAP diluted earnings per share increased 31.00 percent to USD 0.96, while non-GAAP diluted earnings per share rose 18.00 percent to USD 1.04, according to Nasdaq's October 22 release.

Nasdaq stock after the latest update

Nasdaq's combination of 13.00 percent net revenue growth and a USD 132.00 Morgan Stanley target gives investors two measurable reference points for evaluating the shares.

The stock was trading at EUR 93.80 at Lang & Schwarz on October 27, 2026 at 4:39 p.m. CEST.

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