PerpEquities

Top analysts on stock perps · Analyst

David Koning (Robert W. Baird): analyst track record on stock perps

David Koning of Robert W. Baird on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars4.8★
Success58%
Excess return+14.6%
rank#450
Ratings509
ratings on stock perps154

Track record

TipRanks data via FMP
12 months3 years
Ratings98494
Stock3434
Buy / hold / sell64 / 34 / 0269 / 225 / 0
Upgrades / downgrades / initiations4 / 1 / 18 / 7 / 3
Price targets hit / missed8 / 89 (8%)126 / 366 (26%)
Avg. return after a rating (TipRanks)-23.8%-19.3%
Best / worst call+20.9% / -88.9%+126.8% / -88.9%

After buy calls: median 21-day move +1.9% · vs S&P 500 -0.1% · targets hit within a year 85% (n = 138)

Current calls on stock perps

StockCallTargetvs last closeDate
$TOST Toast, Inc.Hold · Maintained$38.00+19.0%Aug 5, 2026
$MA Mastercard IncorporatedBuy · Maintained$660+16.7%Jul 31, 2026
$V Visa Inc.Buy · Maintained$420+14.4%Jul 29, 2026
$AFRM Affirm Holdings, Inc.Hold · Maintained$82.00+20.6%Jul 14, 2026
$CRCL Circle Internet Group, Inc.Buy · Maintained$100+10.7%Jul 13, 2026
$ACN AccentureBuy · Maintained$190+6.8%Jun 18, 2026

Recent ratings

  • Aug 5, 2026 $TOST: Maintained · Hold · $38.00 · article
  • Jul 31, 2026 $MA: Maintained · Buy · $660 · article
  • Jul 29, 2026 $V: Maintained · Buy · $420 · article
  • Jul 14, 2026 $AFRM: Maintained · Hold · $82.00 · article
  • Jul 13, 2026 $CRCL: Maintained · Buy · $100 · article
  • Jul 8, 2026 $TOST: Maintained · Hold · $33.00 · article
  • Jul 7, 2026 $MA: Maintained · Buy · $680 · article
  • Jul 6, 2026 $V: Maintained · Buy · $412 · article
  • Jun 18, 2026 $ACN: Maintained · Buy · $190 · article
  • May 8, 2026 $AFRM: Maintained · Hold · $70.00 · article
  • Apr 7, 2026 $V: Maintained · Buy · $375 · article
  • Mar 20, 2026 $ACN: Maintained · Buy · $265 · article
  • Mar 17, 2026 $CRCL: Maintained · Buy · $138 · article
  • Feb 13, 2026 $TOST: Maintained · Hold · $30.00 · article
  • Jan 13, 2026 $MA: Maintained · Buy · $660 · article
  • Jan 13, 2026 $V: Maintained · Buy · $425 · article
  • Jan 13, 2026 $MA: Maintained · Buy · $660
  • Dec 18, 2025 $ACN: Maintained · Buy · $330 · article
  • Sep 24, 2025 $V: Maintained · Buy · $400 · article
  • Dec 8, 2025 $CRCL: Maintained · Buy · $110 · article

David Koning4.8★ · 58% success · +14.6% 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.