NDAQ
Nasdaq, Inc. Financial Services - Financial Data & Stock Exchanges Investor Relations →
Nasdaq, Inc. (NDAQ) closed at $84.83 as of 2026-02-02, trading 28.9% above its 200-week moving average of $65.79. The stock is currently moving closer to the line, down from 47.6% last week. The 14-week RSI sits at 50, indicating neutral momentum.
Over the past 1183 weeks of data, NDAQ has crossed below its 200-week moving average 13 times. On average, these episodes lasted 18 weeks. Historically, investors who bought NDAQ at the start of these episodes saw an average one-year return of +7.9%.
With a market cap of $48.7 billion, NDAQ is a large-cap stock. Return on equity stands at 15.3%, a solid level. The stock trades at 4.0x book value.
Share count has increased 15.0% over three years, indicating dilution.
Over the past 22.8 years, a hypothetical investment of $100 in NDAQ would have grown to $3839, compared to $1076 for the S&P 500. That represents an annualized return of 17.4% vs 11.0% for the index — confirming NDAQ as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 23.5% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: NDAQ vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NDAQ Crosses Below the Line?
Across 13 historical episodes, buying NDAQ when it crossed below its 200-week moving average produced an average return of +5.5% after 12 months (median +9.0%), compared to +12.8% for the S&P 500 over the same periods. 54% of those episodes were profitable after one year. After 24 months, the average return was +103.8% vs +31.0% for the index.
Each line shows $100 invested at the moment NDAQ crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NDAQ has crossed below its 200-week MA 13 times with an average 1-year return of +7.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2003 | Jul 2003 | 4 | 27.3% | +13.0% | +4849.1% |
| Jul 2003 | Oct 2003 | 12 | 19.7% | -25.4% | +3648.4% |
| Dec 2003 | Dec 2003 | 1 | 0.4% | -20.3% | +3583.1% |
| Mar 2004 | Dec 2004 | 39 | 33.6% | +32.9% | +3604.6% |
| Jun 2008 | Aug 2008 | 6 | 17.4% | -25.2% | +1020.0% |
| Oct 2008 | Feb 2011 | 122 | 46.6% | -21.1% | +1124.4% |
| Mar 2011 | Mar 2011 | 2 | 7.3% | +7.3% | +1177.7% |
| May 2011 | Oct 2011 | 23 | 17.9% | -11.0% | +1091.2% |
| Dec 2011 | Dec 2011 | 1 | 0.6% | +1.3% | +1218.1% |
| May 2012 | Jul 2012 | 10 | 7.1% | +44.3% | +1340.4% |
| Jun 2023 | Jul 2023 | 3 | 1.8% | +23.3% | +76.9% |
| Jul 2023 | Aug 2023 | 1 | 1.6% | +37.4% | +77.6% |
| Sep 2023 | Nov 2023 | 8 | 6.9% | +46.1% | +73.0% |
| Average | 18 | — | +7.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02