Top analysts on stock perps · Analyst

Jialong Shi (Nomura): analyst track record on stock perps

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

Stars4.1★

Success46%

Excess return+7.7%

rank#2,311

Ratings246

ratings on stock perps14

Track record

TipRanks data via FMP

	12 months	3 years
Ratings	8	56
Stock	7	13
Buy / hold / sell	6 / 2 / 0	41 / 15 / 0
Upgrades / downgrades / initiations	3 / 1 / 0	6 / 6 / 0
Price targets hit / missed	0 / 8 (0%)	3 / 53 (5%)
Avg. return after a rating (TipRanks)	-35.7%	-32.4%
Best / worst call	-10.1% / -52.7%	+19.0% / -83.3%

After buy calls: median 21-day move +2.9% · vs S&P 500 +3.7% · targets hit within a year 57% (n = 12)

Current calls on stock perps

Stock	Call	Target	vs last close	Date
$PDD PDD Holdings Inc.	Buy · Upgraded	$136	+74.7%	Mar 27, 2026

Recent ratings

Mar 27, 2026 $PDD: Upgraded · Buy · $136 · article
Nov 19, 2025 $BIDU: Upgraded · Buy · $140 · article
Mar 21, 2025 $PDD: Downgraded · Hold · $130 · article
Feb 19, 2025 $BIDU: Downgraded · Hold · $98.00 · article
Nov 14, 2024 $BIDU: Reiterated · Buy · $110 · article
Apr 16, 2024 $JD: Maintained · Buy · $33.00 · article
Apr 9, 2024 $BIDU: Maintained · Buy · $144 · article
Mar 7, 2024 $JD: Maintained · Buy · $36.00 · article
Nov 22, 2023 $BIDU: Upgraded · Buy · $145 · article
Aug 24, 2023 $BIDU: Maintained · Hold · $147 · article
Aug 11, 2023 $BABA: Reiterated · Buy · $136 · article
Aug 31, 2023 $PDD: Maintained · Buy · $111 · article
Aug 18, 2023 $JD: Maintained · Buy · $48.00 · article
Jul 28, 2023 $BIDU: Maintained · Hold · $149 · article

Jialong Shi4.1★ · 46% success · +7.7% 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.