Nasdaq boosts fintech growth with AI upgrades despite analyst price target cut

Nasdaq is enhancing its Calypso platform with agentic AI to improve trading and risk management, addressing manual post-trade tasks in financial services. Its Financial Technology unit saw 16% revenue growth and added numerous new clients, driven by solutions like Verafin. Despite this growth, Barclays lowered its price target to $109 while maintaining an Overweight rating. Valuation models suggest Nasdaq's current share price may be overvalued, indicating some market uncertainty ahead.

Nasdaq shares are trading at USD 91.15 on Pluang, down 1.21% for the day, reflecting some market caution despite recent growth news. As of Oct 07, 2026 21:05 WIB, the stock has a market cap of $51.58 billion and a dividend yield of 1.26%.