Is DA Davidson a reliable analyst?

In short — Over 1 year, 66% of DA Davidson's targets proved profitable, for an average gain of +17.5% per call (all calls, winners and losers) — i.e. +4.4% vs its sector, across 503 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.
66%profitable calls
+17.5%avg gain / call
+4.4%vs sector
503scored calls

In which sectors is DA Davidson reliable?

SectorCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
▸ Industry6277.4%+38.6%+43.6%+10.5% (32)
▸ Tech13070.8%+26.9%+25.3%+30.5% (69)
▸ Finance4687%+23.1%+23.2%-2.2% (30)
▸ Materials1957.9%+14.8%+22.7%-10.2% (5)
▸ Cons. disc.12361%+7.5%+8.7%-1.1% (51)
▸ Cons. staples7546.7%-0.5%-1.2%+10.9% (11)
▸ Comm.2259.1%+1.6%-2.8%-22.3% (7)
▸ Real estate1275%+8.8%-8.5%-21.2% (5)

The 25 stocks DA Davidson performed best on

StockCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
▸ BLDR Builders FirstSource3100%+112.8%+157.8%—
▸ FIX Comfort Systems USA9100%+122.8%+135.8%+27.6% (3)
▸ APP AppLovin366.7%+97.6%+97.6%—
▸ LRCX Lam Research366.7%+45.8%+68.2%—
▸ CRWD CrowdStrike1593.3%+67.4%+67.4%+76.0% (6)
▸ FITB Fifth Third Bancorp3100%+66.9%+66.9%-5.2% (3)
▸ COIN Coinbase560%+60.3%+60.3%—
▸ MS Morgan Stanley3100%+58.6%+58.6%—
▸ PANW Palo Alto Networks7100%+47.8%+52.1%+96.8% (5)
▸ EME Emcor6100%+43.1%+46.1%+10.3% (2)
▸ DDOG Datadog785.7%+42.0%+42.0%+91.9% (6)
▸ FTNT Fortinet3100%+39.5%+39.5%—
▸ USB U.S. Bancorp4100%+39.4%+39.4%+3.0% (4)
▸ CFG Citizens Financial Group785.7%+34.2%+34.2%+3.7% (4)
▸ NTAP NetApp475%+30.6%——
▸ AAPL Apple Inc.2185.7%+32.3%+30.0%—
▸ CRH CRH plc3100%+27.8%+27.8%-17.4% (1)
▸ AOS A. O. Smith540%+2.5%+27.7%—
▸ UBER Uber1566.7%+25.6%+25.6%-6.7% (5)
▸ BKNG Booking Holdings666.7%+24.6%+24.6%-10.9% (4)
▸ MLM Martin Marietta Materials650%+20.0%+24.3%—
▸ AME Ametek3100%+20.5%+23.6%+10.3% (5)
▸ CRM Salesforce3100%+23.4%+23.4%—
▸ AMZN Amazon1877.8%+21.0%+21.0%+5.9% (1)
▸ AMAT Applied Materials475%+20.7%+20.7%—
% 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.

❓ DA Davidson: frequently asked questions

Is DA Davidson a reliable analyst? How accurate are their price targets?

Over 12 months, 66% of DA Davidson's targets were profitable, averaging +17.5% per call (+4.4% vs their sector), across 503 timestamped calls. Verdict: fairly reliable. We judge on real results, not reputation — the call-by-call detail is further up this page.

JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)