Is Bernstein a reliable analyst?

In short — Over 1 year, 63.7% of Bernstein's targets proved profitable, for an average gain of +13.5% per call (all calls, winners and losers) — i.e. +2.7% vs its sector, across 526 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.

63.7%profitable calls

+13.5%avg gain / call

+2.7%vs sector

526scored calls

In which sectors is Bernstein reliable?

Sector

Calls

% profitable

Avg gain 2015+

Avg gain 2020+

Last 12 months

▸ Finance

61.1%

+15.2%

+36.3%

+32.4% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
HOOD	▲ Outperform	Jul 20, 26	Jul 20, 27	$106.36	🎯$160	$109.76	+50%	+3% so far
HOOD	▲ Outperform	Apr 14, 26	Apr 14, 27	$87.32	🎯$130	$109.76	+49%	+26% so far
HOOD	▲ Outperform	Mar 30, 26	Mar 30, 27	$65.16	🎯$130	$109.76	+100%	+68% so far
XYZ	▲ Outperform	Jul 22, 25	Jul 22, 26	$79.7	🎯$90	$76.51	+13%	-4%
HOOD	▲ Outperform	Feb 13, 25	Feb 13, 26	$65.28	🎯$105	$75.72	+61%	+15.6%
XYZ	▲ Outperform	Dec 2, 24	Dec 2, 25	$92.78	🎯$120	$60.31	+29%	-35.2%
HOOD	▲ Outperform	Nov 20, 24	Nov 20, 25	$35.09	🎯$51	$107.38	+45%	+205.8%
PYPL	▲ Outperform	Jul 31, 24	Jul 31, 25	$65.78	🎯$78	$69.07	+19%	+4.5%

Sample (5 recent finished + 3 in progress) of 36 calls.

▸ Comm.

67.3%

+27.4%

+28.3%

-1.8% (11)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
LYV	▲ Outperform	Jul 31, 26	Jul 31, 27	$181.69	🎯$215	$180.64	+18%	-1% so far
TKO	▲ Outperform	Jul 28, 26	Jul 28, 27	$187.35	🎯$235	$184.34	+25%	-2% so far
NFLX	▲ Outperform	Jul 17, 26	Jul 17, 27	$68.95	🎯$95	$79.84	+38%	+16% so far
NFLX	▲ Outperform	Jul 8, 26	Jul 8, 27	$75.47	🎯$100	$79.84	+33%	+6% so far
TKO	▲ Outperform	Apr 27, 26	Apr 27, 27	$186.2	🎯$240	$184.34	+29%	-1% so far
TKO	▲ Outperform	Feb 19, 26	Feb 19, 27	$211.12	🎯$250	$184.34	+18%	-13% so far
T	▲ Outperform	Jan 16, 26	Jan 16, 27	$23.49	🎯$30	$25.43	+28%	+8% so far
PSKY	▼ Underperform	Nov 12, 25	Nov 12, 26	$15.57	🎯$12	$10.8	-23%	-31% so far

Sample (0 recent finished + 8 in progress) of 49 calls.

▸ Tech

113

64.6%

+19.8%

+24.9%

+70.1% (48)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
ADI	▲ Outperform	Aug 20, 26	Aug 20, 27	$373.09	🎯$465	$374.52	+25%	+0% so far
AMAT	▲ Outperform	Aug 14, 26	Aug 14, 27	$535.31	🎯$700	$482.36	+31%	-10% so far
TRMB	▲ Outperform	Aug 13, 26	Aug 13, 27	$57.6	🎯$73	$61.54	+27%	+7% so far
FSLR	▼ Underperform	Jul 31, 26	Jul 31, 27	$211.03	🎯$197	$210.1	-7%	+0% so far
MSFT	▲ Outperform	Jul 30, 26	Jul 30, 27	$464.72	🎯$647	$505.06	+39%	+9% so far
NOW	▲ Outperform	Jul 23, 26	Jul 23, 27	$98.78	🎯$248	$138.43	+151%	+40% so far
MSFT	▲ Outperform	Jul 22, 26	Jul 22, 27	$381.58	🎯$646	$505.06	+69%	+32% so far
AAPL	▲ Buy	Jul 15, 26	Jul 15, 27	$333.26	🎯$350	$314.58	+5%	-6% so far

Sample (0 recent finished + 8 in progress) of 113 calls.

▸ Energy

63.6%

+15.6%

+16.8%

+15.6% (9)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
SLB	▲ Outperform	May 11, 26	May 11, 27	$55.64	🎯$71	$55.01	+28%	-1% so far
XOM	▲ Outperform	May 11, 26	May 11, 27	$150.63	🎯$182	$156.44	+21%	+4% so far
SLB	▲ Outperform	Mar 12, 26	Mar 12, 27	$44.72	🎯$56.1	$55.01	+25%	+23% so far
COP	▲ Outperform	Jan 5, 26	Jan 5, 27	$99.2	🎯$98	$129.52	-1%	+31% so far
DVN	▲ Outperform	Jan 5, 26	Jan 5, 27	$36.55	🎯$42	$47.12	+15%	+29% so far
XOM	▲ Outperform	Jan 5, 26	Jan 5, 27	$125.36	🎯$137	$156.44	+9%	+25% so far
EXE	▲ Outperform	Jan 5, 26	Jan 5, 27	$106.82	🎯$144	$98	+35%	-8% so far
EQT	▲ Outperform	Jan 5, 26	Jan 5, 27	$53.35	🎯$73	$54.77	+37%	+3% so far

Sample (0 recent finished + 8 in progress) of 33 calls.

▸ Industry

71.4%

+11.8%

+12.3%

-1.9% (35)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
HWM	▲ Outperform	Aug 24, 26	Aug 24, 27	$264.04	🎯$328	$267.65	+24%	+1% so far
PH	▲ Outperform	Aug 14, 26	Aug 14, 27	$1053.76	🎯$1218	$1011.2	+16%	-4% so far
EMR	▲ Outperform	Aug 14, 26	Aug 14, 27	$162.05	🎯$186	$157.71	+15%	-3% so far
JCI	▲ Outperform	Aug 14, 26	Aug 14, 27	$153.92	🎯$190	$142.21	+23%	-8% so far
TT	▲ Outperform	Aug 14, 26	Aug 14, 27	$475.32	🎯$575	$454.31	+21%	-4% so far
UBER	▲ Outperform	Aug 6, 26	Aug 6, 27	$75.02	🎯$95	$76.95	+27%	+3% so far
OTIS	▲ Outperform	Jul 23, 26	Jul 23, 27	$71.93	🎯$90	$71.48	+25%	-1% so far
GEV	▲ Outperform	Jul 23, 26	Jul 23, 27	$1014.75	🎯$1298	$953.83	+28%	-6% so far

Sample (0 recent finished + 8 in progress) of 70 calls.

▸ Health

64.4%

+10.0%

+6.5%

+6.8% (36)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
PODD	▲ Outperform	Aug 6, 26	Aug 6, 27	$141.17	🎯$175	$143.41	+24%	+2% so far
CNC	▲ Outperform	Aug 3, 26	Aug 3, 27	$64.07	🎯$79	$65.33	+23%	+2% so far
ISRG	▲ Outperform	Jul 17, 26	Jul 17, 27	$345.42	🎯$685	$367.07	+98%	+6% so far
LLY	▲ Outperform	Jul 14, 26	Jul 14, 27	$1156.63	🎯$1385	$1176.1	+20%	+2% so far
CI	▲ Outperform	Jul 9, 26	Jul 9, 27	$291.8	🎯$381	$277.67	+31%	-5% so far
ELV	▲ Outperform	Jul 2, 26	Jul 2, 27	$408.17	🎯$482	$399.11	+18%	-2% so far
MDT	▲ Outperform	Jun 5, 26	Jun 5, 27	$80.69	🎯$97	$89.97	+20%	+12% so far
UNH	▲ Outperform	May 27, 26	May 27, 27	$384.01	🎯$492	$395.05	+28%	+3% so far

Sample (0 recent finished + 8 in progress) of 59 calls.

▸ Cons. staples

57.1%

+3.6%

+1.2%

-7.7% (22)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
WMT	▲ Outperform	Jul 31, 26	Jul 31, 27	$110.71	🎯$142	$102.63	+28%	-7% so far
MKC	▲ Outperform	Jun 26, 26	Jun 26, 27	$52.06	🎯$68	$54.54	+31%	+5% so far
KDP	▲ Outperform	Jun 12, 26	Jun 12, 27	$31.71	🎯$38	$31.88	+20%	+1% so far
KDP	▲ Outperform	Jun 11, 26	Jun 11, 27	$31.71	🎯$38	$31.88	+20%	+1% so far
KHC	▼ Underperform	Jun 3, 26	Jun 3, 27	$22.47	🎯$21	$25.13	-7%	+12% so far
CAG	▼ Underperform	Jun 3, 26	Jun 3, 27	$12.68	🎯$12	$16.02	-5%	+26% so far
SJM	▲ Outperform	May 4, 26	May 4, 27	$96.69	🎯$134	$131.84	+39%	+36% so far
SJM	▲ Outperform	Mar 11, 26	Mar 11, 27	$107.62	🎯$145	$131.84	+35%	+23% so far

Sample (0 recent finished + 8 in progress) of 56 calls.

▸ Cons. disc.

56%

+2.8%

-3.5%

-2.4% (21)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
ABNB	▲ Outperform	Aug 24, 26	Aug 24, 27	$190.5	🎯$217	$184.4	+14%	-3% so far
AMZN	▲ Outperform	Jul 31, 26	Jul 31, 27	$284.02	🎯$320	$256.26	+13%	-10% so far
NKE	▲ Outperform	Jul 1, 26	Jul 1, 27	$44.09	🎯$72	$38.44	+63%	-13% so far
MAR	▲ Outperform	May 15, 26	May 15, 27	$353.17	🎯$402	$353.87	+14%	+0% so far
LOW	▲ Outperform	May 14, 26	May 14, 27	$223.61	🎯$281	$206.74	+26%	-8% so far
AMZN	▲ Outperform	Apr 30, 26	Apr 30, 27	$268.26	🎯$315	$256.26	+17%	-4% so far
LOW	▲ Outperform	Feb 26, 26	Feb 26, 27	$264.57	🎯$303	$206.74	+15%	-22% so far
DASH	▲ Outperform	Feb 19, 26	Feb 19, 27	$176.29	🎯$270	$231.89	+53%	+32% so far

Sample (0 recent finished + 8 in progress) of 91 calls.

The 25 stocks Bernstein performed best on

Stock

Calls

% profitable

Avg gain 2015+

Avg gain 2020+

Last 12 months

▸ NVDA Nvidia

100%

+111.9%

+115.9%

+25.3% (4)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
NVDA	▲ Outperform	Feb 26, 26	Feb 26, 27	$177.19	🎯$300	$227.98	+69%	+29% so far
NVDA	▲ Outperform	Dec 26, 25	Dec 26, 26	$190.53	🎯$275	$227.98	+44%	+20% so far
NVDA	▲ Outperform	Nov 20, 25	Nov 20, 26	$180.64	🎯$275	$227.98	+52%	+26% so far
NVDA	▲ Outperform	Aug 28, 25	Aug 28, 26	$180.17	🎯$225	$227.98	+25%	+27% so far
NVDA	▲ Outperform	Aug 29, 24	Aug 29, 25	$119.37	🎯$155	$170.7	+30%	+43.1%
NVDA	▲ Outperform	May 23, 24	May 23, 25	$103.8	🎯$1300	$130.79	+1152%	+26.5%
NVDA	▲ Outperform	Feb 22, 24	Feb 21, 25	$78.82	🎯$1000	$130.05	+1169%	+65.3%
NVDA	▲ Outperform	Nov 9, 23	Nov 8, 24	$48.33	🎯$675	$145.47	+1297%	+200.5%

Sample (4 recent finished + 4 in progress) of 9 calls.

▸ HOOD Robinhood Markets

100%

+112.9%

+32.4% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
HOOD	▲ Outperform	Jul 20, 26	Jul 20, 27	$106.36	🎯$160	$109.76	+50%	+3% so far
HOOD	▲ Outperform	Apr 14, 26	Apr 14, 27	$87.32	🎯$130	$109.76	+49%	+26% so far
HOOD	▲ Outperform	Mar 30, 26	Mar 30, 27	$65.16	🎯$130	$109.76	+100%	+68% so far
HOOD	▲ Outperform	Feb 13, 25	Feb 13, 26	$65.28	🎯$105	$75.72	+61%	+15.6%
HOOD	▲ Outperform	Nov 20, 24	Nov 20, 25	$35.09	🎯$51	$107.38	+45%	+205.8%
HOOD	▲ Outperform	Mar 14, 24	Mar 14, 25	$18.05	🎯$30	$39.17	+66%	+117.4%

▸ META Meta Platforms

100%

+85.2%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
META	▲ Outperform	Jul 22, 24	Jul 22, 25	$488.69	🎯$575	$713.49	+18%	+46%
META	▲ Outperform	Apr 25, 24	Apr 25, 25	$443.29	🎯$565	$549.68	+27%	+24%
META	▲ Outperform	Apr 18, 24	Apr 18, 25	$481.07	🎯$590	$485.88	+23%	+0.8%
META	▲ Outperform	Apr 27, 23	Apr 26, 24	$238.56	🎯$275	$443.72	+15%	+85.8%
META	▲ Outperform	Feb 2, 23	Feb 2, 24	$188.77	🎯$210	$475.7	+11%	+151.6%
META	▲ Outperform	Oct 27, 22	Oct 27, 23	$97.94	🎯$135	$296.76	+38%	+203%

▸ MU Micron Technology

50%

+39.3%

+65.0%

+102.6% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
MU	▲ Outperform	Mar 18, 26	Mar 18, 27	$461.73	🎯$510	$935.39	+10%	+103% so far
MU	▲ Outperform	Dec 18, 24	Dec 18, 25	$87.09	🎯$120	$265.62	+38%	+205.3%
MU	▲ Outperform	Mar 16, 22	Mar 16, 23	$79.67	🎯$94	$56.57	+18%	-29%
MU	▼ Underperform	Oct 25, 21	Oct 25, 22	$68.76	🎯$58	$55.7	-16%	+18.8%
MU	▲ Outperform	Jun 26, 15	Jun 25, 16	$19.66	🎯$28	$12.19	+42%	-37.8%
MU	▲ Outperform	Dec 3, 13	Dec 3, 14	$21.76	🎯$24	$36.12	+10%	+65.8%

▸ PYPL PayPal

100%

+56.1%

+55.7%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
PYPL	▲ Outperform	Jul 31, 24	Jul 31, 25	$65.78	🎯$78	$69.07	+19%	+4.5%
PYPL	▲ Outperform	Jan 7, 20	Jan 6, 21	$109.67	🎯$130	$227.02	+19%	+106.8%
PYPL	▲ Outperform	Jul 10, 17	Jul 10, 18	$54.94	—	$86.26	—	+56.8%

▸ SLB Schlumberger

100%

+37.9%

+55.4%

+19.4% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
SLB	▲ Outperform	May 11, 26	May 11, 27	$55.64	🎯$71	$55.01	+28%	-1% so far
SLB	▲ Outperform	Mar 12, 26	Mar 12, 27	$44.72	🎯$56.1	$55.01	+25%	+23% so far
SLB	▲ Outperform	Dec 11, 25	Dec 11, 26	$40.34	🎯$52.3	$55.01	+30%	+36% so far
SLB	▲ Outperform	Apr 6, 20	Apr 6, 21	$15.67	🎯$17.9	$27.42	+14%	+75.1%
SLB	▼ Underperform	Jan 14, 20	Jan 13, 21	$39.53	🎯$27.1	$25.3	-31%	+35.6%
SLB	▲ Outperform	Jul 6, 17	Jul 6, 18	$65.13	—	$67.08	—	+2.9%
SLB	▲ Outperform	Oct 22, 13	Oct 22, 14	$92.84	🎯$112	$98.41	+21%	+5.8%

▸ MSTR Strategy

60%

+52.0%

-25.2% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
MSTR	▲ Outperform	Dec 8, 25	Dec 8, 26	$183.69	🎯$450	$137.4	+145%	-25% so far
MSTR	▲ Outperform	Dec 12, 24	Dec 12, 25	$408.67	🎯$600	$163.47	+47%	-60.3%
MSTR	▲ Outperform	Nov 25, 24	Nov 25, 25	$403.45	🎯$600	$173.48	+49%	-57.3%
MSTR	▲ Outperform	Oct 9, 24	Oct 9, 25	$183.34	🎯$290	$304.34	+58%	+66.2%
MSTR	▲ Outperform	Jun 14, 24	Jun 14, 25	$149.55	🎯$2890	$382.85	+1832%	+155.6%
MSTR	▲ Outperform	Jun 13, 24	Jun 13, 25	$149.55	🎯$2890	$382.85	+1832%	+155.6%

▸ CRWD CrowdStrike

100%

+48.1%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
CRWD	▲ Outperform	Jun 4, 25	Jun 4, 26	$115.14	🎯$371	$179.62	+222%	+56.1%
CRWD	▲ Outperform	Mar 5, 25	Mar 5, 26	$91.36	🎯$347	$106.89	+280%	+16.6%
CRWD	▲ Outperform	Sep 5, 24	Sep 5, 25	$64.11	🎯$327	$104.5	+410%	+62.9%
CRWD	▲ Outperform	Aug 19, 24	Aug 19, 25	$66.69	🎯$315	$104.7	+372%	+56.9%

▸ AVGO Broadcom

100%

+41.8%

+43.1%

+2.8% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
AVGO	▲ Outperform	Apr 14, 26	Apr 14, 27	$380.78	🎯$525	$371.54	+38%	-2% so far
AVGO	▲ Outperform	Dec 12, 25	Dec 12, 26	$359.93	🎯$475	$371.54	+32%	+3% so far
AVGO	▲ Outperform	Sep 5, 25	Sep 5, 26	$345.65	🎯$400	$371.54	+16%	+7% so far
AVGO	▲ Outperform	Jun 13, 24	Jun 13, 25	$173.5	🎯$1950	$251.58	+1024%	+45.3%
AVGO	▲ Outperform	Mar 8, 24	Mar 8, 25	$130.87	🎯$1600	$184.53	+1123%	+40.9%
AVGO	▲ Outperform	Oct 5, 16	Oct 5, 17	$17.35	🎯$215	$24.29	+1139%	+40.5%
AVGO	▲ Outperform	Oct 4, 16	Oct 4, 17	$17.35	🎯$215	$24.29	+1139%	+40.5%

▸ PANW Palo Alto Networks

66.7%

+23.5%

+39.8%

+130.2% (2)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
PANW	▲ Outperform	Feb 18, 26	Feb 18, 27	$150.99	🎯$209	$382.85	+38%	+154% so far
PANW	▲ Outperform	Nov 20, 25	Nov 20, 26	$185.07	🎯$210	$382.85	+13%	+107% so far
PANW	▲ Outperform	Aug 19, 25	Aug 19, 26	$184.43	🎯$207	$350.42	+12%	+89.5%
PANW	▲ Outperform	Aug 5, 25	Aug 5, 26	$169.09	🎯$204	$361.85	+21%	+114.5%
PANW	▲ Outperform	May 21, 25	May 21, 26	$181.26	🎯$225	$253.76	+24%	+39.5%
PANW	▲ Outperform	Feb 14, 25	Feb 14, 26	$208.28	🎯$229	$164.54	+10%	-21.5%
PANW	▲ Outperform	Aug 20, 24	Aug 20, 25	$184.01	🎯$399	$184.01	+117%	+0.2%
PANW	▲ Outperform	May 21, 24	May 21, 25	$155.83	🎯$364	$180.76	+134%	+16.3%

Sample (6 recent finished + 2 in progress) of 9 calls.

▸ UAL United Airlines Holdings

100%

+35.1%

+38.3%

-15.7% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
UAL	▲ Outperform	Jul 1, 26	Jul 1, 27	$133.32	🎯$153	$112.39	+15%	-16% so far
UAL	▲ Outperform	Oct 17, 24	Oct 17, 25	$74.15	🎯$85	$101.59	+15%	+36.6%
UAL	▲ Outperform	Sep 26, 23	Sep 25, 24	$42.03	🎯$68	$58.84	+62%	+40%
UAL	▲ Outperform	Jan 31, 18	Jan 31, 19	$67.82	—	$87.49	—	+28.7%

▸ LHX L3Harris

66.7%

+23.2%

+37.1%

-13.4% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
LHX	▲ Outperform	May 4, 26	May 4, 27	$302.65	🎯$405	$261.98	+34%	-13% so far
LHX	▲ Outperform	Jan 8, 25	Jan 8, 26	$208.28	🎯$267	$335.33	+28%	+61.2%
LHX	▲ Outperform	Apr 20, 20	Apr 20, 21	$187.78	🎯$236	$212.19	+26%	+12.9%
LHX	▲ Outperform	Dec 10, 19	Dec 9, 20	$196.96	🎯$247	$189.08	+25%	-4.4%

▸ UBER Uber

75%

+32.6%

-6.9% (2)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
UBER	▲ Outperform	Aug 6, 26	Aug 6, 27	$75.02	🎯$95	$76.95	+27%	+3% so far
UBER	▲ Outperform	Nov 5, 25	Nov 5, 26	$92.12	🎯$115	$76.95	+25%	-16% so far
UBER	▲ Outperform	Jul 21, 25	Jul 21, 26	$91.16	🎯$110	$71.1	+21%	-21.5%
UBER	▲ Outperform	Aug 2, 23	Aug 1, 24	$46.96	🎯$55	$61.05	+17%	+29.9%
UBER	▲ Outperform	Jun 26, 23	Jun 25, 24	$43.83	🎯$50	$71	+14%	+61.7%
UBER	▲ Outperform	Jan 10, 20	Jan 9, 21	$34.01	🎯$40	$54.76	+18%	+60.5%

▸ TTWO Take-Two Interactive

80%

+26.0%

+32.4%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
TTWO	▲ Outperform	Apr 22, 22	Apr 22, 23	$136.41	🎯$173	$128.23	+27%	-6.3%
TTWO	▲ Outperform	Jul 16, 20	Jul 16, 21	$150.58	🎯$189	$168.65	+26%	+12.2%
TTWO	▲ Outperform	May 21, 20	May 21, 21	$140.51	🎯$158	$185.47	+12%	+31.7%
TTWO	▲ Outperform	Feb 7, 20	Feb 6, 21	$111	🎯$137	$213.12	+23%	+92.2%
TTWO	▲ Outperform	Oct 10, 18	Oct 10, 19	$122.25	🎯$175	$122.25	+43%	+0.1%

▸ NOW ServiceNow

80%

+39.2%

+31.4%

+40.1% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
NOW	▲ Outperform	Jul 23, 26	Jul 23, 27	$98.78	🎯$248	$138.43	+151%	+40% so far
NOW	▲ Outperform	Oct 24, 24	Oct 24, 25	$190.17	🎯$913	$190.17	+380%	-0.5%
NOW	▲ Outperform	May 30, 23	May 29, 24	$109.82	🎯$665	$146.06	+506%	+33.1%
NOW	▲ Outperform	Jan 26, 23	Jan 26, 24	$92.61	🎯$586	$153.73	+533%	+66.2%
NOW	▲ Outperform	Jul 20, 22	Jul 20, 23	$91.37	🎯$646	$116.04	+607%	+26.7%
NOW	▲ Outperform	May 24, 17	May 24, 18	$20.6	—	$35.02	—	+70.4%

▸ AMZN Amazon

80%

+28.5%

-4.5% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
AMZN	▲ Outperform	Jul 31, 26	Jul 31, 27	$284.02	🎯$320	$256.26	+13%	-10% so far
AMZN	▲ Outperform	Apr 30, 26	Apr 30, 27	$268.26	🎯$315	$256.26	+17%	-4% so far
AMZN	▲ Outperform	Oct 31, 25	Oct 31, 26	$254	🎯$300	$256.26	+18%	+1% so far
AMZN	▲ Outperform	May 2, 25	May 2, 26	$186.35	🎯$230	$272.07	+23%	+46%
AMZN	▲ Outperform	Apr 29, 25	Apr 29, 26	$184.42	🎯$235	$265.56	+27%	+43.7%
AMZN	▲ Outperform	Feb 10, 25	Feb 10, 26	$232.76	🎯$275	$204.83	+18%	-12.3%
AMZN	▲ Outperform	Dec 18, 24	Dec 18, 25	$223.29	🎯$265	$227.76	+19%	+1.8%
AMZN	▲ Outperform	Nov 1, 24	Nov 1, 25	$195.78	🎯$235	$254.51	+20%	+29.7%

Sample (5 recent finished + 3 in progress) of 20 calls.

▸ DAL Delta Air Lines

100%

+23.2%

+27.6%

+18.2% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
DAL	▲ Outperform	Jun 17, 26	Jun 17, 27	$82.25	🎯$93	$81.14	+13%	-1% so far
DAL	▲ Outperform	May 11, 26	May 11, 27	$70.71	🎯$88	$81.14	+24%	+15% so far
DAL	▲ Outperform	Oct 10, 25	Oct 10, 26	$57.48	🎯$74	$81.14	+29%	+41% so far
DAL	▲ Outperform	Oct 8, 24	Oct 8, 25	$50.98	🎯$65	$59.65	+28%	+16.9%
DAL	▲ Outperform	Jul 12, 24	Jul 12, 25	$43.62	🎯$62	$58.01	+42%	+33.2%
DAL	▲ Outperform	Sep 26, 23	Sep 25, 24	$36.77	🎯$61	$48.9	+66%	+32.6%
DAL	▲ Outperform	Feb 6, 17	Feb 6, 18	$48.26	—	$53.09	—	+10%

▸ ISRG Intuitive Surgical

100%

+21.0%

+27.1%

-19.9% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
ISRG	▲ Outperform	Jul 17, 26	Jul 17, 27	$345.42	🎯$685	$367.07	+98%	+6% so far
ISRG	▲ Outperform	Jan 23, 26	Jan 23, 27	$523.99	🎯$750	$367.07	+43%	-30% so far
ISRG	▲ Outperform	Jan 9, 26	Jan 9, 27	$572.75	🎯$740	$367.07	+29%	-36% so far
ISRG	▲ Outperform	May 31, 23	May 30, 24	$307.84	🎯$365	$403.27	+19%	+31%
ISRG	▲ Outperform	Apr 20, 23	Apr 19, 24	$297.41	🎯$350	$365.81	+18%	+23.2%
ISRG	▲ Outperform	Jun 27, 18	Jun 27, 19	$158.8	🎯$560	$173.09	+253%	+8.7%

▸ WMT Walmart

100%

+23.7%

+24.9%

-9.0% (4)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
WMT	▲ Outperform	Jul 31, 26	Jul 31, 27	$110.71	🎯$142	$102.63	+28%	-7% so far
WMT	▲ Outperform	Feb 20, 26	Feb 20, 27	$125.81	🎯$134	$102.63	+7%	-18% so far
WMT	▲ Outperform	Jan 5, 26	Jan 5, 27	$112.71	🎯$129	$102.63	+14%	-9% so far
WMT	▲ Outperform	Nov 21, 25	Nov 21, 26	$104.06	🎯$122	$102.63	+17%	-1% so far
WMT	▲ Outperform	Nov 20, 24	Nov 20, 25	$88.39	🎯$102	$105.18	+15%	+19.2%
WMT	▲ Outperform	Oct 22, 24	Oct 22, 25	$82.02	🎯$95	$107.45	+16%	+30.6%
WMT	▲ Outperform	May 3, 19	May 2, 20	$34.03	—	$41.18	—	+21.2%

▸ VRTX Vertex Pharmaceuticals

80%

+23.7%

+23.5% (2)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
VRTX	▲ Outperform	May 5, 26	May 5, 27	$427.65	🎯$572	$547.55	+34%	+28% so far
VRTX	▲ Outperform	Jan 12, 26	Jan 12, 27	$460.59	—	$547.55	—	+19% so far
VRTX	▲ Outperform	Aug 2, 23	Aug 1, 24	$358.4	🎯$390	$505.34	+9%	+41.1%
VRTX	▲ Outperform	Jul 28, 23	Jul 27, 24	$352.34	🎯$380	$496.8	+8%	+41.4%
VRTX	▲ Outperform	May 3, 23	May 2, 24	$346.36	🎯$363	$401.78	+5%	+15.5%
VRTX	▲ Outperform	Mar 21, 23	Mar 20, 24	$302.66	🎯$344	$411.62	+14%	+36.2%
VRTX	▲ Outperform	Nov 20, 20	Nov 20, 21	$215.21	🎯$275	$180.78	+28%	-15.7%

▸ ORCL Oracle Corporation

75%

+23.3%

-29.1% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
ORCL	▲ Outperform	Jun 11, 26	Jun 11, 27	$184.13	🎯$325	$151.94	+77%	-17% so far
ORCL	▲ Outperform	Dec 11, 25	Dec 11, 26	$198.85	🎯$339	$151.94	+70%	-24% so far
ORCL	▲ Outperform	Sep 26, 25	Sep 26, 26	$282.76	🎯$364	$151.94	+29%	-46% so far
ORCL	▲ Outperform	Aug 6, 25	Aug 6, 26	$256.43	🎯$308	$143.6	+20%	-44%
ORCL	▲ Outperform	Sep 30, 24	Sep 30, 25	$170.4	🎯$202	$281.16	+19%	+65.1%
ORCL	▲ Outperform	Jun 12, 24	Jun 12, 25	$139.85	🎯$171	$215.37	+22%	+53.9%
ORCL	▲ Outperform	Mar 12, 24	Mar 12, 25	$127.54	🎯$159	$150.5	+25%	+18.3%
ORCL	▲ Outperform	May 5, 14	May 5, 15	$41.01	🎯$49	$43.06	+19%	+5.5%

▸ MSFT Microsoft

77.8%

+23.1%

+15.1% (4)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
MSFT	▲ Outperform	Jul 30, 26	Jul 30, 27	$464.72	🎯$647	$505.06	+39%	+9% so far
MSFT	▲ Outperform	Jul 22, 26	Jul 22, 27	$381.58	🎯$646	$505.06	+69%	+32% so far
MSFT	▲ Outperform	Apr 30, 26	Apr 30, 27	$414.44	🎯$646	$505.06	+56%	+22% so far
MSFT	▲ Outperform	Oct 30, 25	Oct 30, 26	$517.81	🎯$645	$505.06	+25%	-2% so far
MSFT	▲ Outperform	May 1, 25	May 1, 26	$425.4	🎯$520	$412.64	+22%	-2.6%
MSFT	▲ Outperform	Jan 30, 25	Jan 30, 26	$414.99	🎯$511	$431.59	+23%	+3.7%
MSFT	▲ Outperform	Jan 6, 25	Jan 6, 26	$427.85	🎯$516	$479.19	+21%	+11.8%
MSFT	▲ Outperform	Oct 25, 24	Oct 25, 25	$428.15	🎯$500	$530.91	+17%	+24.1%

Sample (4 recent finished + 4 in progress) of 9 calls.

▸ GOOGL Alphabet Inc. (Class A)

66.7%

+22.9%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
GOOGL	▲ Outperform	May 9, 23	May 8, 24	$111.75	🎯$125	$169.86	+12%	+52.1%
GOOGL	▲ Outperform	Apr 20, 23	Apr 19, 24	$105.41	🎯$125	$156.01	+19%	+48.3%
GOOGL	▲ Outperform	Feb 6, 23	Feb 6, 24	$107.64	🎯$130	$145.31	+21%	+35.2%
GOOGL	▲ Outperform	Oct 26, 22	Oct 26, 23	$94.93	🎯$120	$122.46	+26%	+28.8%
GOOGL	▲ Outperform	Feb 2, 22	Feb 2, 23	$143.09	🎯$3500	$104.46	+2346%	-26.8%
GOOGL	▲ Outperform	Jan 27, 22	Jan 27, 23	$133.35	🎯$3250	$97.35	+2337%	-27.3%
GOOGL	▲ Outperform	Oct 27, 21	Oct 27, 22	$145.85	🎯$3350	$96.26	+2197%	-34%
GOOGL	▲ Outperform	Jul 28, 21	Jul 28, 22	$135.78	🎯$3200	$116.77	+2257%	-14.3%

Sample (8 recent finished + 0 in progress) of 12 calls.

▸ GOOG Alphabet Inc. (Class C)

63.6%

+22.5%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
GOOG	▲ Outperform	May 9, 23	May 8, 24	$112.28	🎯$125	$171.79	+11%	+52.8%
GOOG	▲ Outperform	Apr 20, 23	Apr 19, 24	$105.91	🎯$125	$157.81	+18%	+49.1%
GOOG	▲ Outperform	Feb 6, 23	Feb 6, 24	$108.04	🎯$130	$146.93	+20%	+35.8%
GOOG	▲ Outperform	Oct 26, 22	Oct 26, 23	$94.82	🎯$120	$123.27	+27%	+30.2%
GOOG	▲ Outperform	Feb 2, 22	Feb 2, 23	$142.65	🎯$3500	$105.56	+2354%	-26.2%
GOOG	▲ Outperform	Jan 27, 22	Jan 27, 23	$133.29	🎯$3250	$97.3	+2338%	-26.5%
GOOG	▲ Outperform	Oct 27, 21	Oct 27, 22	$146.13	🎯$3350	$96.45	+2192%	-33.9%
GOOG	▲ Outperform	Jul 28, 21	Jul 28, 22	$136.54	🎯$3200	$116.06	+2244%	-14.6%

Sample (8 recent finished + 0 in progress) of 11 calls.

▸ TRMB Trimble Inc.

50%

+20.6%

+6.8% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
TRMB	▲ Outperform	Aug 13, 26	Aug 13, 27	$57.6	🎯$73	$61.54	+27%	+7% so far
TRMB	▲ Outperform	Dec 11, 24	Dec 11, 25	$74.87	🎯$85	$80.11	+14%	+7.2%
TRMB	▲ Outperform	Feb 9, 23	Feb 9, 24	$55.68	🎯$65	$54.57	+17%	-1.8%
TRMB	▲ Outperform	Feb 11, 21	Feb 11, 22	$73.97	🎯$86	$65.83	+16%	-11%
TRMB	▲ Outperform	Sep 23, 20	Sep 23, 21	$47.64	🎯$61	$89.56	+28%	+88.1%

% profitable = share of its calls that made money (1 year). Avg gain / call = average absolute gain per call (winners and losers). Point-in-time, S&P 500 backtest.

❓ Bernstein: frequently asked questions

Is Bernstein a reliable analyst? How accurate are their price targets?

Over 12 months, 63.7% of Bernstein's targets were profitable, averaging +13.5% per call (+2.7% vs their sector), across 526 timestamped calls. Verdict: fairly reliable. We judge on real results, not reputation — the call-by-call detail is further up this page.