PerpEquities

Top analysts on stock perps · Analyst

Bill Carcache (Piper Sandler): analyst track record on stock perps

Bill Carcache of Piper Sandler on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars4.9★
Success69%
Excess return+18.3%
rank#350
Ratings281
ratings on stock perps23

Track record

TipRanks data via FMP
12 months3 years
Ratings2661
Stock1837
Buy / hold / sell17 / 9 / 036 / 24 / 1
Upgrades / downgrades / initiations3 / 0 / 1119 / 8 / 15
Price targets hit / missed2 / 22 (8%)17 / 30 (36%)
Avg. return after a rating (TipRanks)-13.1%+0.5%
Best / worst call+26.9% / -40.9%+122.6% / -40.9%

After buy calls: median 21-day move +0.5% · vs S&P 500 -0.1% · targets hit within a year 80% (n = 19)

Current calls on stock perps

StockCallTargetvs last closeDate
$AFRM Affirm Holdings, Inc.Buy · Maintained$115+69.1%Aug 28, 2026
$PYPL PayPal Holdings, Inc.Hold · Reiterated$59.00+10.7%Aug 17, 2026
$AXP American ExpressBuy · Maintained$405+26.3%Aug 12, 2026
$V Visa Inc.Buy · Reiterated$430+17.1%Jul 29, 2026
$COF Capital OneBuy · Maintained$254+22.6%Jul 22, 2026
$MA Mastercard IncorporatedBuy · Initiated$597+5.6%Jun 30, 2026

Recent ratings

  • Aug 28, 2026 $AFRM: Maintained · Buy · $115 · article
  • Aug 17, 2026 $PYPL: Reiterated · Hold · $59.00 · article
  • Aug 12, 2026 $AXP: Maintained · Buy · $405 · article
  • Jul 29, 2026 $V: Reiterated · Buy · $430 · article
  • Jul 22, 2026 $COF: Maintained · Buy · $254 · article
  • Jul 16, 2026 $AXP: Maintained · Buy · $396 · article
  • Jul 8, 2026 $AXP: Reiterated · Buy · $396 · article
  • Jun 30, 2026 $PYPL: Maintained · Hold · $42.00 · article
  • Jun 30, 2026 $AFRM: Initiated · Buy · $103 · article
  • Jun 30, 2026 $AXP: Initiated · Buy · $396 · article
  • Jun 30, 2026 $COF: Initiated · Buy · $254 · article
  • Jun 30, 2026 $MA: Initiated · Buy · $597 · article
  • Jun 30, 2026 $V: Upgraded · Buy · $394 · article
  • Jul 3, 2025 $PNC: Downgraded · Hold · $185 · article
  • Jul 3, 2025 $HBAN: Upgraded · Buy · $21.00 · article
  • Apr 3, 2025 $USB: Upgraded · Buy · $49.00 · article
  • Jan 24, 2025 $AXP: Reiterated · Hold · article
  • Apr 4, 2024 $PNC: Maintained · Buy · $173 · article
  • Apr 4, 2024 $COF: Upgraded · Buy · $189 · article
  • Jan 29, 2024 $COF: Upgraded · Hold · article

Bill Carcache4.9★ · 69% success · +18.3% excess return · TipRanks data via FMP · Source headlines via TheFly/StreetInsider (FMP). Reaction = venue-median perp move after our detection — an observation, not investment advice.