Is DA Davidson a reliable analyst?

In short — Over 1 year, 66.2% of DA Davidson's targets proved profitable, for an average gain of +17.4% per call (all calls, winners and losers) — i.e. +4.5% vs its sector, across 491 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.
66.2%profitable calls
+17.4%avg gain / call
+4.5%vs sector
491scored 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%+11.5% (32)
Tech12370.7%+26.0%+24.1%+32.8% (63)
Finance4586.7%+23.3%+23.4%+9.0% (29)
Materials1957.9%+14.8%+22.7%-1.6% (4)
Cons. disc.12161.2%+7.8%+9.1%+3.8% (46)
Cons. staples7546.7%-0.5%-1.2%+19.7% (11)
Comm.2161.9%+2.5%-2.0%-20.3% (7)
Real estate1181.8%+11.7%-3.6%-2.0% (6)

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%+26.7% (3)
APP AppLovin366.7%+97.6%+97.6%
LRCX Lam Research366.7%+45.8%+68.2%
CRWD CrowdStrike1392.3%+61.1%+61.1%+84.3% (6)
COIN Coinbase560%+60.3%+60.3%
MS Morgan Stanley3100%+58.6%+58.6%
PANW Palo Alto Networks7100%+47.8%+52.1%+108.0% (4)
EME Emcor6100%+43.1%+46.1%+10.2% (2)
FTNT Fortinet3100%+39.5%+39.5%
USB U.S. Bancorp4100%+39.4%+39.4%+13.0% (4)
DDOG Datadog683.3%+36.4%+36.4%+63.1% (7)
CFG Citizens Financial Group785.7%+34.2%+34.2%+15.0% (4)
NTAP NetApp475%+30.6%
AAPL Apple Inc.2185.7%+32.3%+30.0%
CRH CRH plc3100%+27.8%+27.8%-1.5% (1)
AOS A. O. Smith540%+2.5%+27.7%
UBER Uber1566.7%+25.6%+25.6%+0.7% (5)
BKNG Booking Holdings666.7%+24.6%+24.6%+14.6% (4)
MLM Martin Marietta Materials650%+20.0%+24.3%
AME Ametek3100%+20.5%+23.6%+7.3% (5)
CRM Salesforce3100%+23.4%+23.4%
AMZN Amazon1877.8%+21.0%+21.0%+4.9% (1)
AMAT Applied Materials475%+20.7%+20.7%
VMC Vulcan Materials Company771.4%+19.3%+19.3%-2.0% (2)
% 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, 66.2% of DA Davidson's targets were profitable, averaging +17.4% per call (+4.5% vs their sector), across 491 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)