PerpEquities

Top analysts on stock perps · Analyst

David Vernon (Bernstein): analyst track record on stock perps

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

Stars4.5★
Success60%
Excess return+9.0%
rank#1,349
Ratings235
ratings on stock perps273

Track record

TipRanks data via FMP
12 months3 years
Ratings180411
Stock4041
Buy / hold / sell121 / 59 / 0260 / 149 / 2
Upgrades / downgrades / initiations2 / 0 / 56 / 5 / 5
Price targets hit / missed35 / 143 (20%)159 / 247 (39%)
Avg. return after a rating (TipRanks)-15.0%-4.8%
Best / worst call+35.2% / -51.1%+64.6% / -96.5%

After buy calls: median 21-day move +1.8% · vs S&P 500 -1.2% (n = 216) · targets hit within a year 60% (n = 140)

Current calls on stock perps

StockCallTargetvs last closeDate
$NSC Norfolk Southern RailwayBuy · Maintained$396+20.0%Oct 23, 2026
$UPS United Parcel ServiceBuy · Maintained$127+25.7%Oct 21, 2026
$AAL American Airlines Group Inc.Buy · Maintained$19.00+56.9%Oct 19, 2026
$UAL United Airlines Holdings, Inc.Buy · Maintained$160+63.4%Oct 19, 2026
$DAL Delta Air Lines, Inc.Buy · Maintained$100+30.2%Oct 6, 2026
$CSX CSX CorporationHold · Maintained$48.00-5.5%Oct 5, 2026
$UNP Union Pacific CorporationBuy · Maintained$346+18.1%Oct 5, 2026
$FDX FedExBuy · Maintained$397+32.9%Jul 24, 2026

Recent ratings

  • Oct 23, 2026 $NSC: Maintained · Buy · $396 · article
  • Oct 23, 2026 $NSC: Maintained · Buy · $396
  • Oct 21, 2026 $UPS: Maintained · Buy · $127 · article
  • Oct 19, 2026 $NSC: Maintained · Buy · $396 · article
  • Oct 19, 2026 $AAL: Maintained · Buy · $19.00 · article
  • Oct 19, 2026 $UAL: Maintained · Buy · $160 · article
  • Oct 14, 2026 $UAL: Maintained · Buy · $162 · article
  • Oct 14, 2026 $UAL: Maintained · Buy · $162
  • Oct 6, 2026 $DAL: Maintained · Buy · $100 · article
  • Oct 5, 2026 $UNP: Maintained · Buy · $346 · article
  • Oct 5, 2026 $NSC: Maintained · Buy · $396 · article
  • Oct 5, 2026 $CSX: Maintained · Hold · $48.00 · article
  • Oct 5, 2026 $NSC: Maintained · Buy · $396
  • Sep 25, 2026 $NSC: Maintained · Buy · $396 · article
  • Sep 28, 2026 $NSC: Reiterated · Buy · $396 · article
  • Sep 22, 2026 $UAL: Maintained · Buy · $162 · article
  • Sep 15, 2026 $UAL: Maintained · Buy · $162 · article
  • Sep 3, 2026 $NSC: Maintained · Buy · $396 · article
  • Sep 3, 2026 $NSC: Maintained · Buy · $396
  • Aug 24, 2026 $NSC: Maintained · Buy · $396 · article

David Vernon4.5★ · 60% success · +9.0% 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.