Is TD Cowen a reliable analyst?

In short — Over 1 year, 61.3% of TD Cowen's targets proved profitable, for an average gain of +14.0% per call (all calls, winners and losers) — i.e. -0.4% vs its sector, across 782 timestamped calls replayed against real prices. JPI verdict: mixed reliability. An analyst can be good in one sector and poor in another — details below.
61.3%profitable calls
+14.0%avg gain / call
-0.4%vs sector
782scored calls

In which sectors is TD Cowen reliable?

SectorCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
Crypto966.7%+30.9%+30.9%-17.2% (7)
Comm.4276.2%+29.6%+29.6%-0.4% (23)
Tech17465.5%+23.6%+23.6%+23.4% (117)
Industry11469.3%+22.6%+22.6%+4.4% (62)
Finance5863.8%+11.0%+11.0%+9.9% (83)
Cons. disc.19661.2%+9.8%+9.8%+0.5% (65)
Health9655.2%+2.7%+2.6%+10.7% (73)
Cons. staples4143.9%+2.3%+2.3%+0.6% (14)
Energy2842.9%-2.0%-2.0%+18.5% (28)
Materials850%-4.6%-4.6%+38.9% (1)
Real estate1625%-6.4%-6.4%+3.7% (7)

The 25 stocks TD Cowen performed best on

StockCalls % profitable Avg gain 2015+ Avg gain 2020+ Last 12 months
VRT Vertiv6100%+191.9%+191.9%+3.7% (3)
NVDA Nvidia13100%+96.0%+96.0%+19.2% (3)
MU Micron Technology785.7%+77.8%+77.8%+145.9% (8)
MSTR Strategy875%+73.8%+73.8%-17.2% (7)
META Meta Platforms5100%+66.2%+66.2%
TKO TKO Group Holdings3100%+58.6%+58.6%-7.4% (2)
AVGO Broadcom4100%+51.8%+51.8%-2.0% (3)
RL Ralph Lauren Corporation13100%+49.0%+49.0%+10.9% (1)
SYF Synchrony Financial3100%+47.3%+47.3%+4.5% (2)
RTX RTX Corporation3100%+46.0%+46.0%-3.0% (1)
NFLX Netflix580%+45.1%+45.1%+0.5% (3)
UBER Uber475%+38.1%+38.1%-2.6% (3)
LII Lennox International5100%+36.7%+36.7%
GOOG Alphabet Inc. (Class C)475%+36.2%+36.2%+5.5% (8)
DDOG Datadog3100%+35.4%+35.4%+48.5% (5)
MCK McKesson Corporation4100%+33.5%+33.5%+6.6% (4)
AMD Advanced Micro Devices560%+32.4%+32.4%+23.9% (4)
WSM Williams-Sonoma, Inc.6100%+32.2%+32.2%+26.1% (3)
BSX Boston Scientific5100%+31.8%+31.8%-14.0% (3)
WMT Walmart8100%+30.9%+30.9%-19.9% (2)
HLT Hilton Worldwide4100%+29.9%+29.9%
GOOGL Alphabet Inc. (Class A)683.3%+27.4%+27.4%
MRVL Marvell Technology475%+26.7%+26.7%
AMAT Applied Materials580%+26.7%+26.7%+5.3% (4)
V Visa Inc.3100%+26.4%+26.4%
% 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.

❓ TD Cowen: frequently asked questions

Is TD Cowen a reliable analyst? How accurate are their price targets?

Over 12 months, 61.3% of TD Cowen's targets were profitable, averaging +14.0% per call (-0.4% vs their sector), across 782 timestamped calls. Verdict: mixed reliability. 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)