Is Piper Sandler a reliable analyst?

In short — Over 1 year, 62.1% of Piper Sandler's targets proved profitable, for an average gain of +19.9% per call (all calls, winners and losers) — i.e. +5.3% vs its sector, across 2037 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.
62.1%profitable calls
+19.9%avg gain / call
+5.3%vs sector
2037scored calls

In which sectors is Piper Sandler reliable?

SectorCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
Cons. disc.26665%+34.1%+34.0%-2.8% (40)
Tech50166.7%+27.4%+27.4%+33.6% (81)
Finance39570.4%+24.7%+27.1%+7.9% (78)
Industry3860.5%+19.5%+22.9%+7.9% (8)
Comm.8465.5%+28.5%+22.8%+3.2% (12)
Energy20863.5%+14.8%+15.3%+25.1% (35)
Health29354.9%+4.6%+2.9%+24.0% (59)
Cons. staples12447.6%-0.3%-0.8%-3.7% (34)
Real estate7231.9%-1.4%-1.0%+5.9% (13)
Materials3946.2%-12.1%-11.9%

The 25 stocks Piper Sandler performed best on

StockCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
HOOD Robinhood Markets1190.9%+239.8%+239.8%+11.4% (3)
CVNA Carvana1291.7%+205.8%+205.8%
COIN Coinbase757.1%+130.0%+130.0%
NVDA Nvidia2792.6%+109.2%+111.1%
MU Micron Technology1040%+93.0%+105.6%+319.6% (3)
PWR Quanta Services5100%+88.5%+88.5%
ANET Arista Networks6100%+60.9%+88.1%+35.0% (4)
TSLA Tesla, Inc.3672.2%+105.3%+87.0%-8.3% (3)
AMD Advanced Micro Devices1687.5%+84.0%+84.0%+89.3% (3)
META Meta Platforms7100%+79.3%+79.3%
PANW Palo Alto Networks1090%+56.0%+64.2%+84.1% (3)
MRVL Marvell Technology771.4%+64.0%+64.0%+145.9% (1)
RIOT RIOT475%+63.8%+63.8%
IBKR Interactive Brokers11100%+63.7%+63.7%+14.2% (2)
DECK Deckers Brands4100%+62.2%+62.2%+21.0% (2)
NXPI NXP Semiconductors683.3%+51.7%+59.2%
PRU Prudential Financial4100%+54.5%+54.5%
CRWD CrowdStrike1681.3%+52.5%+52.1%+86.4% (2)
COF Capital One1346.2%+32.5%+51.3%+8.0% (1)
MPC Marathon Petroleum3100%+46.8%+46.8%+21.9% (1)
AVGO Broadcom1492.9%+44.0%+45.6%+10.1% (2)
TTWO Take-Two Interactive3100%+41.8%+44.3%+8.0% (1)
PFG Principal Financial Group7100%+44.2%+44.2%+15.8% (2)
FSLR First Solar1675%+41.1%+41.1%
DRI Darden Restaurants580%+25.3%+39.8%
% 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.

❓ Piper Sandler: frequently asked questions

Is Piper Sandler a reliable analyst? How accurate are their price targets?

Over 12 months, 62.1% of Piper Sandler's targets were profitable, averaging +19.9% per call (+5.3% vs their sector), across 2037 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)