01:10 PM EDT, 09/23/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
With shares showing some weakness, we believe now is an excellent time to gain exposure to NDAQ. The company is building momentum as Verafin rapidly signs new clients, due to banks' accelerating demand for financial crime solutions. Additional growth opportunities include expanding relationships with large Tier 1 clients, international market penetration, and cross-selling initiatives. While deals take time to convert to revenue, we expect strong 1H 2025 performance to drive accelerating growth into 2026. Easing tariff concerns should also benefit NDAQ through improved sales cycles and increased IPO activity. Finally, the AI boom provides another tailwind, as continued Tech sector outperformance drives assets under management growth in the Index business. We increase our target price by $10 to $130, applying a forward P/E of 34.1x our 2026 EPS estimate, above NDAQ's five-year average forward P/E of 23.2x. We increase our 2025 EPS estimate by $0.02 to $3.38 and 2026's by $0.08 to $3.81.