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NDAQ vs SPGI
Which Stock Would AI Choose? Nasdaq (NDAQ) vs. S&P Global (SPGI) Stock Comparison
1. Key Takeaways
- Nasdaq (NDAQ) recently reported strong third-quarter results, including record annualized recurring revenue (ARR), while S&P Global (SPGI) is set to report earnings shortly, making this a timely comparison of a confirmed momentum story versus a pending catalyst.
- NDAQ trades near its 52-week high and delivered broad-based growth across its exchange, data, and technology segments, supported by AI, cloud, and tokenization initiatives.
- SPGI has a larger market capitalization and more diversified revenue base across credit ratings, indices, and market data, but faces softer debt-issuance conditions and post-spinoff valuation adjustments.
- Analyst consensus on both names leans positive, yet recent estimate revisions and price reactions have favored NDAQ's earnings momentum over SPGI's more uncertain near-term setup.
- The two companies differ fundamentally: NDAQ is an exchange operator and financial technology provider, while SPGI is a data, analytics, and credit-ratings powerhouse.
- Investors focused on stable, subscription-style data franchises may favor SPGI, while those prioritizing near-term trend consistency and growth catalysts may find NDAQ more compelling.
- You can explore more detail on each name's developments and daily activity via NDAQ Major News and NDAQ Today's Price Move, as well as SPGI Major News and SPGI Today's Price Move.
- For automated market insights, explore the curated list of Trending AI Robots.
2. Introduction
Nasdaq, Inc. and S&P Global Inc. are two of the most recognized names in financial markets, yet they compete in overlapping but distinct arenas. NDAQ operates exchanges and sells market technology and data, while SPGI anchors the credit-ratings, index, and analytics landscape. This stock comparison is especially relevant for investors weighing an exchange-and-fintech growth story against a data-and-ratings franchise navigating a shifting issuance cycle. Both stocks carry institutional appeal, but their recent price behavior and catalysts have diverged meaningfully, making their relative performance a useful lens for understanding market positioning in the current environment.
3. NDAQ Overview and Recent Performance
Nasdaq, Inc. (NDAQ) is an exchange operator and financial technology company spanning Capital Access Platforms, Financial Technology, and Market Services. In recent weeks, the stock has traded near its 52-week high, reflecting strong investor sentiment and favorable momentum.
The company's latest quarterly report showed net revenue up roughly 14% year over year, with solutions revenue growing faster than the broader business and record ARR. Growth was supported by continued demand for its anti-financial-crime, index, and data products, as well as strategic emphasis on AI, cloud, and tokenization. Nasdaq also completed the acquisition of LeveL Markets, advancing its always-on trading vision. Following results, multiple analysts raised price targets. This combination of broad-based execution and structural catalysts has underpinned NDAQ's relative strength in recent market activity.
4. SPGI Overview and Recent Performance
S&P Global Inc. (SPGI) provides credit ratings, benchmarks, indices, and data and analytics across global capital and commodity markets. It completed the spin-off of its Mobility business, sharpening its focus on core Ratings, Indices, and Market Intelligence segments. This restructuring reshaped its valuation base and market capitalization in recent months.
The stock has been more volatile than NDAQ, recovering in recent weeks after an earlier earnings miss and softer guidance in its ratings segment. Softer corporate debt issuance and elevated interest rates have weighed on ratings revenue, a key earnings driver. Sentiment has improved heading into its upcoming earnings, with shares rebounding sharply over the past week even as full-year estimates remain modestly below earlier expectations. SPGI's franchise quality and pricing power remain intact, but its near-term trajectory is more dependent on issuance trends and guidance than NDAQ's.
5. Trending AI Robots
Tickeron maintains a large library of AI-powered trading bots that monitor thousands of tickers, each with its own strategy, timeframe, risk profile, and performance record. Because market conditions change constantly, only a curated subset earns a place in the Trending AI Robots section. This selection highlights the bots most aligned with current market dynamics, allowing traders to filter by style, statistics, and the tickers each bot trades. The diversity of approaches, from swing strategies to shorter-term momentum models, offers a way to complement human research with systematic, data-driven signals. If you are interested in automating aspects of your analysis, reviewing the current Trending AI Robots lineup is a practical starting point.
6. Head-to-Head Comparison
The two companies differ most sharply in business model and revenue drivers. NDAQ earns from trading, listings, market data, and technology subscriptions, giving it cyclical exposure to volumes and listings alongside a growing recurring base. SPGI generates substantial revenue from credit ratings, which are sensitive to debt-issuance cycles, balanced by durable index licensing and data subscriptions.
In recent momentum, NDAQ has demonstrated more consistent upward trend behavior, trading near highs with positive earnings reactions. SPGI has been rebounding but remains below its 52-week high after a post-spinoff reset and ratings-issuance softness. On valuation, both trade in a broadly similar range on a price-to-earnings basis, though SPGI carries a larger absolute market capitalization and deeper enterprise value. Risk factors differ too: NDAQ faces volume and listing sensitivity, while SPGI faces issuance cyclicality and regulatory scrutiny of its ratings and indices. Overall, NDAQ currently presents stronger near-term trend consistency, while SPGI offers a more diversified franchise with a pending earnings catalyst.
7. Tickeron AI Verdict
Based on observable signals, Tickeron's AI framework would likely lean toward NDAQ at present. The stock's price action above key moving averages, proximity to its 52-week high, positive earnings reaction, and consistent momentum offer a cleaner trend profile than SPGI's rebound off a lower base ahead of an uncertain earnings event. That said, SPGI's scale, diversified data franchise, and strong analyst consensus leave room for a favorable reassessment if its upcoming report and guidance exceed tempered expectations. The assessment is probabilistic: NDAQ currently exhibits greater trend consistency and nearer-term momentum, while SPGI's positioning depends more on resolving its issuance-driven uncertainty.
8. Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NDAQ is a Buy and SPGI is a StrongBuy.
NDAQ in upward trend: price rose above 50-day moving average on October 20, 2026
NDAQ moved above its 50-day moving average on October 20, 2026 date and that indicates a change from a downward trend to an upward trend. In 23 of 32 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 72%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 15, 2026. You may want to consider a long position or call options on NDAQ as a result. In 49 of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 63%.
The Moving Average Convergence Divergence (MACD) for NDAQ just turned positive on October 09, 2026. Looking at past instances where NDAQ's MACD turned positive, the stock continued to rise in 29 of 43 cases over the following month. The odds of a continued upward trend are 67%.
The 10-day moving average for NDAQ crossed bullishly above the 50-day moving average on October 22, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 67%.
Following a +2.71% 3-day Advance, the price is estimated to grow further. Considering data from situations where NDAQ advanced for three days, in 226 of 353 cases, the price rose further within the following month. The odds of a continued upward trend are 64%.
The Aroon Indicator entered an Uptrend today. In 188 of 340 cases where NDAQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 55%.
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NDAQ declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 51%.
NDAQ broke above its upper Bollinger Band on October 21, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 13 (best 1 - 100 worst), indicating outstanding price growth. NDAQ’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 18 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 46 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is 52 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 88 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.995) is normal, around the industry mean (4.143). P/E Ratio (30.960) is within average values for comparable stocks, (19.659). Projected Growth (PEG Ratio) (1.712) is also within normal values, averaging (1.780). Dividend Yield (0.012) settles around the average of (0.017) among similar stocks. P/S Ratio (5.831) is also within normal values, averaging (7.166).
SPGI in upward trend: price rose above 50-day moving average on October 15, 2026
SPGI moved above its 50-day moving average on October 15, 2026 date and that indicates a change from a downward trend to an upward trend. In 22 of 36 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 61%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 09, 2026. You may want to consider a long position or call options on SPGI as a result. In 50 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 61%.
The Moving Average Convergence Divergence (MACD) for SPGI just turned positive on October 08, 2026. Looking at past instances where SPGI's MACD turned positive, the stock continued to rise in 22 of 39 cases over the following month. The odds of a continued upward trend are 56%.
The 10-day moving average for SPGI crossed bullishly above the 50-day moving average on October 21, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 8 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 57%.
The 50-day moving average for SPGI moved above the 200-day moving average on October 22, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +0.85% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPGI advanced for three days, in 194 of 351 cases, the price rose further within the following month. The odds of a continued upward trend are 55%.
The Aroon Indicator entered an Uptrend today. In 147 of 300 cases where SPGI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 49%.
Bearish Trend Analysis
The 10-day RSI Indicator for SPGI moved out of overbought territory on November 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In 27 of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at 66%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 33 of 58 cases where SPGI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 57%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPGI declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 55%.
SPGI broke above its upper Bollinger Band on October 15, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 20 (best 1 - 100 worst), indicating outstanding price growth. SPGI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is 56 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 70 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SPGI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 72 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 92 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.378) is normal, around the industry mean (4.143). P/E Ratio (28.455) is within average values for comparable stocks, (19.659). Projected Growth (PEG Ratio) (1.893) is also within normal values, averaging (1.780). Dividend Yield (0.008) settles around the average of (0.017) among similar stocks. P/S Ratio (7.570) is also within normal values, averaging (7.166).
NDAQ | SPGI | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 41 | 38 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 88 Overvalued | 92 Overvalued | |
PROFIT vs RISK RATING 1..100 | 18 | 70 | |
SMR RATING 1..100 | 52 | 56 | |
PRICE GROWTH RATING 1..100 | 13 | 20 | |
P/E GROWTH RATING 1..100 | 46 | 72 | |
SEASONALITY SCORE 1..100 | 50 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
NDAQ's Valuation (88) in the Investment Banks Or Brokers industry is in the same range as SPGI (92) in the Financial Publishing Or Services industry. This means that NDAQ’s stock grew similarly to SPGI’s over the last 12 months.
NDAQ's Profit vs Risk Rating (18) in the Investment Banks Or Brokers industry is somewhat better than the same rating for SPGI (70) in the Financial Publishing Or Services industry. This means that NDAQ’s stock grew somewhat faster than SPGI’s over the last 12 months.
NDAQ's SMR Rating (52) in the Investment Banks Or Brokers industry is in the same range as SPGI (56) in the Financial Publishing Or Services industry. This means that NDAQ’s stock grew similarly to SPGI’s over the last 12 months.
NDAQ's Price Growth Rating (13) in the Investment Banks Or Brokers industry is in the same range as SPGI (20) in the Financial Publishing Or Services industry. This means that NDAQ’s stock grew similarly to SPGI’s over the last 12 months.
NDAQ's P/E Growth Rating (46) in the Investment Banks Or Brokers industry is in the same range as SPGI (72) in the Financial Publishing Or Services industry. This means that NDAQ’s stock grew similarly to SPGI’s over the last 12 months.
| NDAQ | SPGI | |
|---|---|---|
| RSI ODDS (%) | 2 days ago 53% | 2 days ago 66% |
| Stochastic ODDS (%) | 2 days ago 56% | 2 days ago 57% |
| Momentum ODDS (%) | 2 days ago 63% | 3 days ago 61% |
| MACD ODDS (%) | 3 days ago 67% | 4 days ago 56% |
| TrendWeek ODDS (%) | 2 days ago 50% | 2 days ago 53% |
| TrendMonth ODDS (%) | 2 days ago 62% | 2 days ago 52% |
| Advances ODDS (%) | 3 days ago 64% | 2 days ago 55% |
| Declines ODDS (%) | 30 days ago 51% | 7 days ago 55% |
| BollingerBands ODDS (%) | 2 days ago 50% | 2 days ago 57% |
| Aroon ODDS (%) | 2 days ago 55% | 2 days ago 49% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
NDAQ’s FA Score shows that 2 FA rating(s) are green while SPGI’s FA Score has 1 green FA rating(s).
- NDAQ’s FA Score: 2 green, 3 red.
- SPGI’s FA Score: 1 green, 4 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
NDAQ’s TA Score shows that 6 TA indicator(s) are bullish while SPGI’s TA Score has 7 bullish TA indicator(s).
- NDAQ’s TA Score: 6 bullish, 4 bearish.
- SPGI’s TA Score: 7 bullish, 4 bearish.
Price Growth
NDAQ (@Financial Publishing/Services) experienced а -0.02% price change this week, while SPGI (@Financial Publishing/Services) price change was -1.37% for the same time period.
The average weekly price growth across all stocks in the @Financial Publishing/Services industry was +0.03%. For the same industry, the average monthly price growth was +8.28%, and the average quarterly price growth was +15.24%.
Reported Earning Dates
NDAQ is expected to report earnings on Feb 03, 2027.
SPGI is expected to report earnings on Feb 09, 2027.
Industries' Descriptions
@Financial Publishing/Services (+0.03% weekly)The financial publishing /services sector includes companies that provide informational products and services that are of value to investors, financial/analytics professionals and other interested readers. The products include real-time stock quotes, financial news and analyses. Think S&P Global, Inc., Moody`s Corporation, Thomson-Reuters Corp and IHS Markit Ltd. Information is critical in making financial or investment decisions, and what makes this industry’s output relevant at all times, across various economic conditions.
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NDAQ and
Correlation & Price change
A.I.dvisor indicates that over the last year, NDAQ has been closely correlated with JEF. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if NDAQ jumps, then JEF could also see price increases.
| Ticker / NAME | Correlation To NDAQ | 1D Price Change % | ||
|---|---|---|---|---|
| NDAQ | 100% | -0.31% | ||
| JEF - NDAQ | 71% Closely correlated | -0.50% | ||
| MS - NDAQ | 71% Closely correlated | +1.63% | ||
| GS - NDAQ | 70% Closely correlated | +1.83% | ||
| RJF - NDAQ | 69% Closely correlated | -0.58% | ||
| SF - NDAQ | 66% Closely correlated | -0.14% | ||
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SPGI and
Correlation & Price change
A.I.dvisor indicates that over the last year, SPGI has been closely correlated with MCO. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPGI jumps, then MCO could also see price increases.
| Ticker / NAME | Correlation To SPGI | 1D Price Change % | ||
|---|---|---|---|---|
| SPGI | 100% | +0.37% | ||
| MCO - SPGI | 88% Closely correlated | +0.83% | ||
| MSCI - SPGI | 71% Closely correlated | +0.71% | ||
| NDAQ - SPGI | 66% Closely correlated | -0.31% | ||
| TRU - SPGI | 63% Loosely correlated | -0.06% | ||
| MORN - SPGI | 62% Loosely correlated | +0.88% | ||
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