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Douglas Harned (Bernstein): analyst track record on stock perps

Douglas Harned 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★
Success45%
Excess return+8.0%
rank#2,437
Ratings183
ratings on stock perps227

Track record

TipRanks data via FMP
12 months3 years
Ratings159301
Stock3437
Buy / hold / sell82 / 77 / 0153 / 146 / 2
Upgrades / downgrades / initiations1 / 0 / 14 / 2 / 4
Price targets hit / missed14 / 134 (9%)103 / 187 (36%)
Avg. return after a rating (TipRanks)-22.2%-5.9%
Best / worst call+36.4% / -44.2%+188.3% / -44.2%

After buy calls: median 21-day move +0.2% · vs S&P 500 +0.5% (n = 102) · targets hit within a year 80% (n = 59)

Current calls on stock perps

StockCallTargetvs last closeDate
$SPCX Space Exploration Technologies Corp.Buy · Reiterated$268+81.7%Oct 26, 2026
$GE GE AerospaceBuy · Maintained$376+31.6%Oct 23, 2026
$BA BoeingBuy · Maintained$278+47.6%Oct 19, 2026
$RTX RTX CorporationHold · Reiterated$214+12.0%Oct 15, 2026
$GD General DynamicsHold · Maintained$365+4.5%Oct 14, 2026
$LHX L3Harris Technologies, Inc.Buy · Maintained$318+23.9%Oct 14, 2026
$LMT Lockheed Martin CorporationHold · Maintained$564-6.7%Oct 14, 2026
$NOC Northrop GrummanHold · Maintained$556+0.8%Oct 14, 2026
$TMUS T-Mobile US, Inc.Hold · Maintained$220+50.1%Sep 28, 2026
$HWM Howmet AerospaceBuy · Reiterated$328+76.4%Aug 24, 2026

Recent ratings

  • Oct 26, 2026 $SPCX: Reiterated · Buy · $268 · article
  • Oct 26, 2026 $SPCX: Reiterated · Buy · $268 · article
  • Oct 23, 2026 $GE: Maintained · Buy · $376 · article
  • Oct 20, 2026 $GE: Maintained · Buy · $421 · article
  • Oct 20, 2026 $GE: Maintained · Buy · $421
  • Oct 19, 2026 $SPCX: Maintained · Buy · $248 · article
  • Oct 19, 2026 $BA: Maintained · Buy · $278 · article
  • Oct 19, 2026 $SPCX: Maintained · Buy · $248
  • Oct 19, 2026 $BA: Maintained · Buy · $278
  • Oct 15, 2026 $GE: Maintained · Buy · $421 · article
  • Oct 15, 2026 $GE: Maintained · Buy · $421
  • Oct 15, 2026 $RTX: Reiterated · Hold · $214 · article
  • Oct 15, 2026 $RTX: Reiterated · Hold · $214 · article
  • Oct 14, 2026 $GD: Maintained · Hold · $365 · article
  • Oct 14, 2026 $NOC: Maintained · Hold · $556 · article
  • Oct 14, 2026 $LMT: Maintained · Hold · $564 · article
  • Oct 14, 2026 $LHX: Maintained · Buy · $318 · article
  • Oct 12, 2026 $BA: Reiterated · Buy · $278 · article
  • Oct 12, 2026 $BA: Reiterated · Buy · $278 · article
  • Oct 9, 2026 $SPCX: Maintained · Buy · $248 · article

Douglas Harned4★ · 45% success · +8.0% 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.