Top analysts on stock perps · Analyst

Dave Kang (B. Riley Securities): analyst track record on stock perps

Dave Kang of B. Riley Securities 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★

Success65%

Excess return+27.7%

rank#128

Ratings417

ratings on stock perps65

Track record

TipRanks data via FMP

	12 months	3 years
Ratings	57	134
Stock	20	22
Buy / hold / sell	31 / 24 / 2	69 / 62 / 3
Upgrades / downgrades / initiations	4 / 3 / 2	10 / 6 / 2
Price targets hit / missed	19 / 38 (33%)	79 / 55 (59%)
Avg. return after a rating (TipRanks)	+40.0%	+316.7%
Best / worst call	+618.9% / -67.3%	+2,595.8% / -88.3%

After buy calls: median 21-day move +9.4% · vs S&P 500 +7.1% · targets hit within a year 89% (n = 60)

Current calls on stock perps

Stock	Call	Target	vs last close	Date
$CIEN Ciena Corporation	Hold · Maintained	$347	+3.7%	Sep 4, 2026
$AAOI Applied Optoelectronics, Inc.	Hold · Maintained	$109	+5.5%	Aug 7, 2026
$AXTI AXT, Inc.	Hold · Maintained	$55.00	-15.0%	Jul 31, 2026
$LITE Lumentum Holdings Inc.	Buy · Reiterated	$1,036	+10.7%	May 1, 2026

Recent ratings

Sep 4, 2026 $CIEN: Maintained · Hold · $347 · article
Aug 31, 2026 $CIEN: Maintained · Hold · $413 · article
Aug 7, 2026 $AAOI: Maintained · Hold · $109 · article
Jul 31, 2026 $AAOI: Maintained · Hold · $94.00 · article
Jul 31, 2026 $AXTI: Maintained · Hold · $55.00 · article
Jul 28, 2026 $AXTI: Maintained · Hold · $52.00 · article
Jun 2, 2026 $CIEN: Reiterated · Hold · $531 · article
May 8, 2026 $AAOI: Reiterated · Hold · $129 · article
May 1, 2026 $AXTI: Reiterated · Hold · $73.00 · article
May 1, 2026 $LITE: Reiterated · Buy · $1,036 · article
Mar 6, 2026 $CIEN: Reiterated · Hold · $283 · article
Feb 27, 2026 $AAOI: Upgraded · Hold · $54.00 · article
Feb 20, 2026 $AXTI: Maintained · Hold · $21.00 · article
Feb 4, 2026 $LITE: Upgraded · Buy · $526 · article
Jan 15, 2026 $AAOI: Reiterated · Sell · $15.00 · article
Jan 9, 2026 $AXTI: Downgraded · Hold · $18.00 · article
Dec 11, 2025 $CIEN: Maintained · Hold · $222 · article
Nov 10, 2025 $AAOI: Downgraded · Sell · $15.00 · article
Nov 6, 2025 $COHR: Maintained · Hold · $113 · article
Nov 5, 2025 $LITE: Maintained · Hold · $147 · article

Dave Kang4.9★ · 65% success · +27.7% 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.