Fintel reports that on January 8, 2025, Deutsche Bank upgraded their outlook for Nasdaq (XTRA:NAQ) from Hold to Buy.
Analyst Price Forecast Suggests 12.15% Upside
As of December 23, 2024, the average one-year price target for Nasdaq is 82,46 €/share. The forecasts range from a low of 53,84 € to a high of 103,81 €. The average price target represents an increase of 12.15% from its latest reported closing price of 73,53 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Nasdaq is 4,197MM, a decrease of 40.19%. The projected annual non-GAAP EPS is 3.17.
What is the Fund Sentiment?
There are 1,582 funds or institutions reporting positions in Nasdaq. This is an increase of 129 owner(s) or 8.88% in the last quarter. Average portfolio weight of all funds dedicated to NAQ is 0.34%, an increase of 6.53%. Total shares owned by institutions increased in the last three months by 0.59% to 552,467K shares.
What are Other Shareholders Doing?
Investor Ab holds 58,182K shares representing 10.12% ownership of the company. No change in the last quarter.
Thoma Bravo holds 42,804K shares representing 7.45% ownership of the company. In its prior filing, the firm reported owning 85,608K shares , representing a decrease of 100.00%. The firm decreased its portfolio allocation in NAQ by 22.44% over the last quarter.
Wellington Management Group Llp holds 38,834K shares representing 6.76% ownership of the company. In its prior filing, the firm reported owning 14,749K shares , representing an increase of 62.02%. The firm decreased its portfolio allocation in NAQ by 56.11% over the last quarter.
Massachusetts Financial Services holds 20,325K shares representing 3.54% ownership of the company. In its prior filing, the firm reported owning 20,884K shares , representing a decrease of 2.75%. The firm decreased its portfolio allocation in NAQ by 82.31% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 14,573K shares representing 2.54% ownership of the company. In its prior filing, the firm reported owning 13,621K shares , representing an increase of 6.54%. The firm increased its portfolio allocation in NAQ by 21.76% over the last quarter.
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This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
