PerpEquities

Top analysts on stock perps · Analyst

Doug Leggate (Wolfe Research): analyst track record on stock perps

Doug Leggate of Wolfe Research on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars4.7★
Success58%
Excess return+10.2%
rank#661
Ratings459
ratings on stock perps95

Track record

TipRanks data via FMP
12 months3 years
Ratings21151
Stock2043
Buy / hold / sell14 / 3 / 493 / 51 / 7
Upgrades / downgrades / initiations2 / 7 / 018 / 18 / 27
Price targets hit / missed13 / 5 (72%)102 / 23 (82%)
Avg. return after a rating (TipRanks)+49.1%+46.9%
Best / worst call+253.6% / -17.6%+339.2% / -35.7%

After buy calls: median 21-day move +1.3% · vs S&P 500 -0.8% (n = 48) · targets hit within a year 21% (n = 43)

Current calls on stock perps

StockCallTargetvs last closeDate
$CVX Chevron CorporationBuy · Upgraded$210-9.7%Jul 1, 2026

Recent ratings

  • Jul 1, 2026 $CVX: Upgraded · Buy · $210 · article
  • Apr 21, 2026 $XOM: Downgraded · Hold · article
  • Apr 21, 2026 $VLO: Downgraded · Sell · $203 · article
  • Apr 8, 2026 $XOM: Reiterated · Buy · $153 · article
  • Apr 6, 2026 $PSX: Maintained · Buy · $192 · article
  • Jan 29, 2026 $EQT: Maintained · Buy · $62.00 · article
  • Dec 17, 2025 $BP: Maintained · Buy · $51.00 · article
  • Oct 14, 2025 $OXY: Maintained · Buy · $62.00 · article
  • Oct 7, 2025 $SHEL: Downgraded · Hold · article
  • Oct 7, 2025 $XOM: Maintained · Buy · $138 · article
  • Aug 6, 2025 $DVN: Maintained · Buy · $51.00 · article
  • Jul 14, 2025 $MPC: Downgraded · Hold · article
  • Jul 14, 2025 $VLO: Downgraded · Hold · article
  • Jul 9, 2025 $XOM: Maintained · Buy · $140 · article
  • Jun 11, 2025 $MPC: Maintained · Buy · $187 · article
  • Jan 14, 2025 $BP: Maintained · Buy · $50.00 · article
  • Jan 3, 2025 $MPC: Maintained · Buy · $175 · article
  • Jan 3, 2025 $OXY: Maintained · Buy · $77.00 · article
  • Jan 3, 2025 $XOM: Maintained · Buy · $140 · article
  • Jan 3, 2025 $EQT: Maintained · Buy · $57.00 · article

Doug Leggate4.7★ · 58% success · +10.2% 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.