Analyst raises Nasdaq price target to $108 on strong FinTech growth and AI innovations

Piper Sandler raised its price target for Nasdaq to $108, indicating a potential 17.8% upside from the current $91.67 share price. This optimism is driven by Nasdaq's Financial Technology segment, which saw 16% revenue growth to $539 million and expanded AI capabilities in trading and fraud detection platforms. The company added numerous clients and enhanced its recurring revenue, suggesting steady future performance. This contrasts with lower valuations from other analysts, highlighting differing views on Nasdaq's growth prospects.

As of Oct 04, 2026 04:31 WIB, Nasdaq (NDAQ) is trading at USD 90.33 on Pluang, down 1.46% for the day with a market cap of $50.49 billion. Despite Piper Sandler's raised price target of $108, Pluang data shows a majority of order activity leaning towards selling at 75%. The stock's dividend yield stands at 1.28%, highlighting a modest income return for investors.