Is Needham a reliable analyst?

In short — Over 1 year, 65.1% of Needham's targets proved profitable, for an average gain of +33.4% per call (all calls, winners and losers) — i.e. +9.7% vs its sector, across 1408 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.
65.1%profitable calls
+33.4%avg gain / call
+9.7%vs sector
1408scored calls

In which sectors is Needham reliable?

SectorCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
Crypto3066.7%+103.5%+103.5%+2.5% (5)
Finance1376.9%+52.9%+52.9%+18.2% (15)
Tech74070.1%+41.5%+43.1%+41.0% (143)
Industry9362.4%+27.7%+27.9%+4.7% (25)
Cons. disc.16864.9%+27.0%+25.9%+0.9% (31)
Comm.13557.8%+11.5%+10.4%-8.8% (26)
Health15355.6%+11.4%+10.2%-4.6% (37)
Real estate2650%-2.0%-2.0%-26.5% (5)
Cons. staples2015%-15.8%-15.8%-5.1% (18)

The 25 stocks Needham performed best on

StockCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
LITE Lumentum2171.4%+201.6%+217.3%+144.5% (6)
HUT HUT13100%+145.2%+145.2%
TPR Tapestry, Inc.887.5%+95.9%+115.7%
COHR Coherent Corp.2395.7%+107.6%+107.6%+31.1% (4)
NVDA Nvidia2788.9%+100.8%+106.1%+17.9% (6)
MU Micron Technology2676.9%+84.8%+105.2%+179.4% (7)
COIN Coinbase3066.7%+103.5%+103.5%+2.5% (5)
TRMB Trimble Inc.5100%+88.4%+98.4%
LRCX Lam Research1681.3%+90.4%+91.6%+34.8% (6)
CIEN Ciena2387%+87.5%+87.5%+71.2% (7)
HOOD Robinhood Markets887.5%+78.6%+78.6%+15.5% (10)
CRWD CrowdStrike3585.7%+69.2%+69.5%+71.2% (6)
CVNA Carvana2665.4%+65.2%+63.1%+12.6% (7)
ANET Arista Networks1693.8%+58.1%+63.0%+30.6% (6)
AXON Axon Enterprise2669.2%+50.7%+51.6%+8.9% (3)
MPWR Monolithic Power Systems2491.7%+51.3%+51.3%+7.3% (4)
KLAC KLA Corporation1181.8%+43.8%+50.6%+17.7% (7)
DHR Danaher Corporation5100%+50.6%+48.8%
ON ON Semiconductor3164.5%+45.7%+48.2%-10.3% (4)
AMAT Applied Materials2972.4%+41.5%+46.7%+31.1% (6)
BKNG Booking Holdings4100%+44.8%+44.8%
EBAY eBay Inc.4100%+40.6%+40.6%+8.6% (4)
RIOT RIOT1656.3%+40.3%+40.3%
TMO Thermo Fisher Scientific10100%+40.6%+39.6%
RL Ralph Lauren Corporation1291.7%+36.2%+38.2%+0.4% (4)
% 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.

❓ Needham: frequently asked questions

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

Over 12 months, 65.1% of Needham's targets were profitable, averaging +33.4% per call (+9.7% vs their sector), across 1408 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)