Nasdaq, Inc. — Cyborg Score 7/10

Strong
Financial Technology & Capital Markets Infrastructure

Strategic Profile

Nasdaq distributes historical and real-time market data, develops and licenses Nasdaq-branded indices and financial products, and provides investor relations intelligence, governance solutions, and sustainability solution products. Recent launches like the Nasdaq Private Capital Indexes demonstrate the company's focus on delivering transparency and robustness to private markets for institutional investors.

Cyborg Score Rationale

Nasdaq demonstrated strong 2025 financial performance with over $5.2B in net revenue and $4.0B in solutions revenue. The company is actively expanding into high-growth areas like private capital solutions and leveraging its core exchange and data platform capabilities.

Top Insights

  • 2025 full-year results showed net revenue of $5.249B and Solutions revenue of $4.011B
  • February 2026: Launched Nasdaq Private Capital Indexes to provide transparency to private markets
  • January 2026: Integrated Nasdaq eVestment into Juniper Square's platform, expanding ecosystem reach
  • Trading platform and financial technology powers global capital markets with data and analytics focus

Named Competitors

  • CME Group — Derivatives trading and clearing platform
  • Intercontinental Exchange — Global exchange operator and financial data provider
  • Bloomberg Terminal — Financial data and trading platform

Recent Developments

  • (February 2026) Launched Nasdaq Private Capital Indexes for institutional private market benchmarking
  • (February 2026) Japan's Osaka Exchange adopted Nasdaq Eqlipse Trading and Surveillance Technology
  • (January 2026) Announced quarterly dividend of $0.27 per share with 2025 revenue exceeding $5.2B

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