NDAQ (Nasdaq) Beginning Cash Position: $3,934 Mil (As of Mar. 2026)


NDAQ Nasdaq Inc NDAQ
89 GF Score
Price $88.08
GF Value $75.80
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nasdaq Beginning Cash Position?

Nasdaq NDAQ +0.64% 89 Beginning Cash Position is $3,934 Mil as of Mar. 2026. GuruFocus rates NDAQ with a GF Score™ of 89/100 and a GF Value™ of $75.80 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Nasdaq's Beginning Cash Position for the quarter that ended in Mar. 2026 was $3,934 Mil.

Nasdaq's quarterly Beginning Cash Position increased from Sep. 2025 ($4,201 Mil) to Dec. 2025 ($4,441 Mil) but then declined from Dec. 2025 ($4,441 Mil) to Mar. 2026 ($3,934 Mil).

Nasdaq's annual Beginning Cash Position increased from Dec. 2023 ($6,994 Mil) to Dec. 2024 ($7,118 Mil) but then declined from Dec. 2024 ($7,118 Mil) to Dec. 2025 ($5,006 Mil).

Nasdaq Beginning Cash Position Related Terms

Nasdaq Beginning Cash Position Historical Data

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The historical data trend for Nasdaq's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nasdaq Beginning Cash Position Chart

Nasdaq Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,979.00 5,496.00 6,994.00 7,118.00 5,006.00

Nasdaq Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,006.00 4,731.00 4,201.00 4,441.00 3,934.00
NDAQ
89GF Score
Nasdaq Inc NDAQ
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Nasdaq Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $3,934 Mil mean?
Nasdaq (NDAQ) has a Beginning Cash Position of $3,934 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Nasdaq and its competitors.
Is Nasdaq's Beginning Cash Position too high?
Nasdaq's current Beginning Cash Position is $3,934 Mil. Overall, Nasdaq has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nasdaq's Beginning Cash Position compare to MSCI and COIN?
Nasdaq's Beginning Cash Position of $3,934 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Capital Markets company?
A good Beginning Cash Position depends on the Capital Markets industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Nasdaq and its competitors. Nasdaq's current Beginning Cash Position is $3,934 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nasdaq stock overvalued right now?
Based on GuruFocus' analysis, Nasdaq (NDAQ) is currently considered Modestly Overvalued. The stock's GF Value™ is $75.80, compared to a current price of $88.08 — trading 16.2% above its estimated fair value. The current Beginning Cash Position is $3,934 Mil. Nasdaq's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Nasdaq (NDAQ), the current Beginning Cash Position is $3,934 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nasdaq (NDAQ) Overvalued in 2026?

Based on GuruFocus' analysis, Nasdaq stock appears to be overvalued. The current stock price of $88.08 is trading 16.2% above its estimated GF Value™ of $75.80. GuruFocus considers Nasdaq to be Modestly Overvalued.

Key valuation signals for NDAQ:

  • Beginning Cash Position: $3,934 Mil
  • GF Value™: $75.80 vs. price of $88.08 (16.2% above fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the NDAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nasdaq Business Description

Address 151 West 42nd Street, Floors 26, 27, 28, New York, NY, USA, 10036
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as it seeks to become a diversified technology company.
89GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$88.08
Price
$75.80
GF Value