Piper Sandler raises target for Nasdaq stock from USD 104.00 to USD 108.00

Published on 10/06/2026 at 17:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nasdaq stock last at EUR 82.00 on October 6, 2026 after EUR 82.20, minus 0.24 percent. Results are set for October 22, 2026.

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Nasdaq stock (ISIN US6311031081) was last at EUR 82.00 on Tradegate on October 6, 2026 at 3:36 p.m. CEST, versus EUR 82.20 previously, a minus 0.24 percent change. On October 2, 2026, Markets Insider reported that Piper Sandler raised its Nasdaq price target from USD 104.00 to USD 108.00 and kept an Overweight rating.

Target rises ahead of results

The target increase gives Nasdaq a fresh valuation reference before its next earnings report, but it does not change the companys reporting schedule or guarantee a share-price outcome. The USD 108.00 target is USD 4.00 above the previous USD 104.00 target, a 3.85 percent increase calculated against the old target.

Nasdaq is scheduled to announce third-quarter 2026 results on October 22, 2026, with the results release planned for 7:00 a.m. Eastern and the conference call at 8:00 a.m. Eastern, according to Nasdaq on October 1, 2026.

Second-quarter growth sets the bar

For the second quarter of 2026, Nasdaq reported total revenue of USD 2.53 billion, up 20.50 percent from USD 2.09 billion a year earlier, according to Financial Report Insights. The same report puts net income at USD 507.00 million, up 12.20 percent from USD 452.00 million, while GAAP diluted earnings per share rose 14.50 percent to USD 0.89 from USD 0.78.

The comparison matters because total revenue includes pass-through items, while net revenue more directly reflects Nasdaq's operating engine. In the second quarter of 2026, net revenue reached USD 1.50 billion, up 14.90 percent year over year, with financial technology revenue growth and index licensing supporting the mix.

Tradegate quote stays below yearly high

Nasdaq has a market capitalization of USD 52.4 billion and a 52-week range of USD 76.55 to USD 101.79 as of October 6, 2026. The Tradegate quote of EUR 82.00 therefore sits EUR 19.79 below the upper end of the reported US-dollar range, although the currencies are different and the comparison is not a percentage valuation measure.

The next catalyst is the October 22 results date, when investors can compare fresh trading, index and technology activity with the second-quarter growth rates. Price source: substitute price Tradegate, Lang & Schwarz without data set.