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Nasdaq (NDAQ, Exchanges & market data) Stock Valuation & Fair Value Weak on forward returns

Nasdaq (NDAQ, Exchanges & market data) trades at a current P/E of 23.6, about 15% above its historical normal valuation, with a forward growth estimate of 13.9% and a PEG of 1.70. Analysts' one-year estimates have been hit 73% of the time. Priced at its historical normal P/E of 20.6 on the same blended earnings, the 2026-10-09 close of $93.65 corresponds to about $81.70 a share. This is a valuation reference, not a price target.

No quality score is published for this company, which is normal for insurers, banks and REITs. This rating reflects valuation and forecast return, and for the top ratings, credit rating, growth and analyst accuracy.

Current P/E
23.6
Normal P/E
20.6
PEG
1.70
Fwd growth
13.9%
Div yield
1.3%
RSI (14)
51.5
Neutral
Technical context
  • Price $93.48 at the 2026-10-13 close, 0.8% above the 20-day average ($92.75) and 1.1% below the 50-day ($94.53).
  • RSI (14) at 51.5.
  • 52-week range $76.59 to $99.96: the price is 6.5% below the high and 22.1% above the low.

The Street vs SeerForecast

Wall Street's mean price target for NDAQ is $108.69 across 16 analysts, 16.3% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: weak on forward returns. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has not changed since 2026-06-03, but its reason has: it read trading above its usual valuation then and reads weak on forward returns now.

Current P/E and rating by weekCurrent P/E moved from 24.8 to 23.6 between 2026-06-03 and 2026-10-09, against a normal P/E of 20.6, with 0 rating changes over 39 recorded weeks.2026-06-03: P/E 24.8, Trading above its usual valuation, recalculated for the week of 2026-06-032026-06-10: P/E 23.7, Weak on forward returns, recalculated for the week of 2026-06-102026-06-12: P/E 23.7, Weak on forward returns, recalculated for the week of 2026-06-142026-06-16: P/E 23.7, Weak on forward returns, recalculated for the week of 2026-06-162026-06-18: P/E 23.7, Weak on forward returns, recalculated for the week of 2026-06-212026-07-02: P/E 22.3, Weak on forward returns, recalculated for the week of 2026-07-022026-07-06: P/E 22.8, Weak on forward returns, recalculated for the week of 2026-07-062026-07-09: P/E 22.8, Weak on forward returns, recalculated for the week of 2026-07-092026-07-10: P/E 23.5, Weak on forward returns, recalculated for the week of 2026-07-122026-07-13: P/E 23.5, Weak on forward returns, recalculated for the week of 2026-07-132026-07-14: P/E 23.5, Weak on forward returns, recalculated for the week of 2026-07-142026-07-20: P/E 24.3, Weak on forward returns, recalculated for the week of 2026-07-202026-07-22: P/E 24.3, Weak on forward returns, recalculated for the week of 2026-07-222026-07-24: P/E 24.0, Weak on forward returns, recalculated for the week of 2026-07-252026-07-27: P/E 24.0, Weak on forward returns, recalculated for the week of 2026-07-272026-07-31: P/E 24.7, Trading above its usual valuation, recalculated for the week of 2026-07-312026-07-31: P/E 24.5, Weak on forward returns, recorded live 2026-08-032026-08-07: P/E 24.5, Weak on forward returns, recalculated for the week of 2026-08-072026-08-07: P/E 24.5, Weak on forward returns, recorded live 2026-08-102026-08-14: P/E 25.2, Trading above its usual valuation, recalculated for the week of 2026-08-142026-08-14: P/E 25.0, Trading above its usual valuation, recorded live 2026-08-172026-08-21: P/E 25.1, Trading above its usual valuation, recalculated for the week of 2026-08-212026-08-21: P/E 25.3, Trading above its usual valuation, recorded live 2026-08-242026-08-27: P/E 25.3, Trading above its usual valuation, recalculated for the week of 2026-08-272026-08-28: P/E 25.5, Trading above its usual valuation, recalculated for the week of 2026-08-282026-08-28: P/E 25.5, Trading above its usual valuation, recalculated for the week of 2026-08-302026-08-28: P/E 25.5, Trading above its usual valuation, recorded live 2026-08-312026-09-04: P/E 24.8, Trading above its usual valuation, recalculated for the week of 2026-09-052026-09-04: P/E 24.8, Trading above its usual valuation, recorded live 2026-09-072026-09-11: P/E 23.2, Weak on forward returns, recalculated for the week of 2026-09-122026-09-11: P/E 23.2, Weak on forward returns, recorded live 2026-09-142026-09-18: P/E 23.8, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 23.8, Weak on forward returns, recorded live 2026-09-212026-09-25: P/E 23.7, Weak on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 23.7, Weak on forward returns, recorded live 2026-09-282026-10-02: P/E 22.8, Weak on forward returns, recalculated for the week of 2026-10-032026-10-02: P/E 22.8, Weak on forward returns, recorded live 2026-10-052026-10-09: P/E 23.6, Weak on forward returns, recalculated for the week of 2026-10-102026-10-09: P/E 23.6, Weak on forward returns, recorded live 2026-10-1222.024.0Jun 3Jul 5Aug 6Sep 7Oct 9Normal P/E 20.6
Trading above its usual valuationWeak on forward returns

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-06-03P/E 24.8+20%Trading above its usual valuation (recalculated)
2026-07-02P/E 22.3+8%Weak on forward returns (recalculated)
2026-08-28P/E 25.5+24%Trading above its usual valuation (recalculated)
2026-10-12P/E 23.6+15%Weak on forward returns ← now
Show all 39 weeks
WeekCurrent P/EPremium to normal P/ERating
2026-06-03P/E 24.8+20%Trading above its usual valuation (recalculated)
2026-06-10P/E 23.7+15%Weak on forward returns (recalculated)
2026-06-14P/E 23.7+15%Weak on forward returns (recalculated)
2026-06-16P/E 23.7+15%Weak on forward returns (recalculated)
2026-06-21P/E 23.7+15%Weak on forward returns (recalculated)
2026-07-02P/E 22.3+8%Weak on forward returns (recalculated)
2026-07-06P/E 22.8+11%Weak on forward returns (recalculated)
2026-07-09P/E 22.8+11%Weak on forward returns (recalculated)
2026-07-12P/E 23.5+14%Weak on forward returns (recalculated)
2026-07-13P/E 23.5+14%Weak on forward returns (recalculated)
2026-07-14P/E 23.5+14%Weak on forward returns (recalculated)
2026-07-20P/E 24.3+18%Weak on forward returns (recalculated)
2026-07-22P/E 24.3+18%Weak on forward returns (recalculated)
2026-07-25P/E 24.0+17%Weak on forward returns (recalculated)
2026-07-27P/E 24.0+17%Weak on forward returns (recalculated)
2026-07-31P/E 24.7+20%Trading above its usual valuation (recalculated)
2026-08-03P/E 24.5+19%Weak on forward returns
2026-08-07P/E 24.5+19%Weak on forward returns (recalculated)
2026-08-10P/E 24.5+19%Weak on forward returns
2026-08-14P/E 25.2+22%Trading above its usual valuation (recalculated)
2026-08-17P/E 25.0+22%Trading above its usual valuation
2026-08-21P/E 25.1+22%Trading above its usual valuation (recalculated)
2026-08-24P/E 25.3+23%Trading above its usual valuation
2026-08-27P/E 25.3+23%Trading above its usual valuation (recalculated)
2026-08-28P/E 25.5+24%Trading above its usual valuation (recalculated)
2026-08-30P/E 25.5+24%Trading above its usual valuation (recalculated)
2026-08-31P/E 25.5+24%Trading above its usual valuation
2026-09-05P/E 24.8+20%Trading above its usual valuation (recalculated)
2026-09-07P/E 24.8+20%Trading above its usual valuation
2026-09-12P/E 23.2+13%Weak on forward returns (recalculated)
2026-09-14P/E 23.2+13%Weak on forward returns
2026-09-19P/E 23.8+15%Weak on forward returns (recalculated)
2026-09-21P/E 23.8+15%Weak on forward returns
2026-09-26P/E 23.7+15%Weak on forward returns (recalculated)
2026-09-28P/E 23.7+15%Weak on forward returns
2026-10-03P/E 22.8+11%Weak on forward returns (recalculated)
2026-10-05P/E 22.8+11%Weak on forward returns
2026-10-10P/E 23.6+15%Weak on forward returns (recalculated)
2026-10-12P/E 23.6+15%Weak on forward returns ← now

Frequently asked questions

Is Nasdaq stock overvalued?

At a current P/E of 23.6 versus its historical normal P/E of 20.6, Nasdaq trades about 15% above its typical valuation, with a PEG of 1.70 on 13.9% forward growth. tickerseer currently rates it weak on forward returns.

What is Nasdaq's fair value and PEG?

Nasdaq trades at a current P/E of 23.6 against a historical normal P/E of 20.6, a PEG of 1.70, and a forward growth estimate of 13.9%. Priced at its historical normal P/E of 20.6 on the same blended earnings, the 2026-10-09 close of $93.65 corresponds to about $81.70 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Nasdaq changed?

tickerseer's rating has not changed since 2026-06-03, but its reason has: it read trading above its usual valuation then and reads weak on forward returns now.

What is the analyst price target for Nasdaq?

The mean Wall Street price target for Nasdaq is $108.69 across 16 analysts, 16.3% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

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