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Nasdaq Posts Better-Than-Expected Q3 2026 Sales: What Investors Should Know

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Nasdaq’s Q3 2026 sales beat expectations, but the supplied headline doesn’t say by how much.

An Oct. 22 headline reports better-than-expected sales. A separate results headline cites $1.2 billion in solutions revenue and record annual recurring revenue of $3.4 billion. The supplied facts don’t include the sales estimate or the size of the beat.

Investor takeaway: The sales beat is the main news, but the available information doesn’t quantify the surprise or compare sales with the prior year.

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Nasdaq Inc

NDAQ.US

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NDAQ.US

Nasdaq Inc

Source:WealthAwesomeWealthAwesome
↑ $5.43 (5.99%)
120 day period
$76.59$87.86$99.13May 1Jul 29Oct 21

Market cap

$53.73B

P/E

27.6x

Div. yield

1.18%

Div. / share

$1.12

52W high

$100.77

52W low

$76.29

1W change

+4.52%

Beta

1.00

Analyst Price Targets

Based on 18 analysts covering NDAQ · as of Oct 16, 2026

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Wall Street analysts forecast NDAQ stock price to rise 13.1% over the next 12 months.

Consensus

Buy

4.17 / 5.00

Avg. Target

C$108.75

+13.1% Upside

Previously C$108.69 on Oct 13, 2026

Current Price

C$96.12

Last close

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Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on NDAQ's historical volatility

HistoricalForecast68%95%
C$72.49C$83.85C$95.21C$106.56C$117.92C$129.27TodayJun 15Aug 19Oct 21Dec 3Jan 16Feb 28

30-Day Vol

21.7%

Annualized

90-Day Vol

28.6%

Annualized

Trend (90d)

+2.1%

Annualized drift

90d Mean

C$96.85

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$96.36C$89.42 – C$103.85
60 trading daysC$96.61C$86.91 – C$107.39
90 trading daysC$96.85C$85.08 – C$110.25

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Q3 results headline cites $1.2 billion in solutions revenue

Nasdaq’s separate results headline also reports record annual recurring revenue of $3.4 billion. The supplied facts don’t give a comparison period for either figure.

Bull case

The results headline cites $1.2 billion in solutions revenue and record annual recurring revenue of $3.4 billion.

Bear case

The supplied facts don’t state the sales consensus, the size of the beat, or year-over-year sales growth.

Nasdaq’s Q3 sales beat expectations

An Oct. 22 headline says Nasdaq’s sales beat expectations in the third quarter of 2026. Another same-day headline says the company beat Q3 earnings and revenue estimates, while a separate results headline describes “strong execution.” These headlines report a beat, but the supplied facts don’t include the consensus estimate, total sales, or the size of the difference.

The results headline also cites $1.2 billion in solutions revenue and record annual recurring revenue of $3.4 billion. These figures add context, but the available information doesn’t show their year-over-year changes or how they relate to total sales. Investors can review the NDAQ.US stock page alongside the results.

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The supplied market figures show a modest daily gain

Nasdaq’s latest close was US$98.25, up 1.39% for the day and 4.52% over one week. The share price rose 1.51% over one month and 0.45% year to date. Latest volume was 10,643 shares, compared with a 20-day average of 2,937,953 shares; the reported volume comparison was 1.14x.

The supplied facts don’t explain the difference between the latest-volume figure and that comparison. Treat them as reported figures rather than evidence of trading activity around the earnings release. The close was within the stated 52-week range of US$76.29 to US$100.77. These price and volume figures don’t show the size of the sales beat.

The missing comparison is the key detail to watch

To assess the sales beat, investors need Q3 sales compared with both the estimate and the same period last year. Neither comparison appears in the supplied facts. More detail on solutions revenue and annual recurring revenue would also help show what contributed to the reported beat.

Nasdaq announced a quarterly dividend of $0.31 per share on Oct. 22, but that’s separate from the sales news. The available information doesn’t show how investors interpreted the results or whether the sales beat changes the company’s outlook.

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Published: October 22, 2026
Last Updated: October 22, 2026

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