Top analysts on stock perps · Analyst

Jonathan Chappell (Evercore ISI): analyst track record on stock perps

Jonathan Chappell of Evercore ISI on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars5★

Success67%

Excess return+20.4%

rank#97

Ratings453

ratings on stock perps89

Track record

TipRanks data via FMP

	12 months	3 years
Ratings	169	416
Stock	46	46
Buy / hold / sell	80 / 80 / 9	238 / 166 / 12
Upgrades / downgrades / initiations	4 / 7 / 0	7 / 15 / 1
Price targets hit / missed	83 / 84 (50%)	248 / 164 (60%)
Avg. return after a rating (TipRanks)	+2.4%	+13.7%
Best / worst call	+166.2% / -51.8%	+219.4% / -51.8%

After buy calls: median 21-day move +0.1% · vs S&P 500 -1.3% (n = 42) · targets hit within a year 54% (n = 37)

Current calls on stock perps

Stock	Call	Target	vs last close	Date
$UPS United Parcel Service	Hold · Maintained	$107	+7.0%	Oct 20, 2026
$CSX CSX Corporation	Hold · Maintained	$51.00	-0.7%	Jul 23, 2026
$NSC Norfolk Southern Railway	Hold · Maintained	$325	-2.7%	Jun 25, 2026
$UNP Union Pacific Corporation	Buy · Maintained	$294	-0.3%	Jun 25, 2026

Recent ratings

Oct 20, 2026 $UPS: Maintained · Hold · $107 · article
Oct 20, 2026 $UPS: Maintained · Hold · $107 · article
Jul 28, 2026 $UPS: Maintained · Hold · $118 · article
Jul 23, 2026 $CSX: Maintained · Hold · $51.00 · article
Jun 25, 2026 $NSC: Maintained · Hold · $325 · article
Jun 25, 2026 $CSX: Reiterated · Hold · $47.00 · article
Jun 25, 2026 $UNP: Maintained · Buy · $294 · article
May 11, 2026 $CSX: Maintained · Hold · $46.00 · article
Apr 29, 2026 $UPS: Reiterated · Hold · $111 · article
Apr 27, 2026 $NSC: Maintained · Hold · $325 · article
Apr 23, 2026 $CSX: Maintained · Hold · $44.00 · article
Apr 23, 2026 $UNP: Maintained · Buy · article
Apr 9, 2026 $FDX: Maintained · Hold · $390 · article
Mar 20, 2026 $FDX: Maintained · Hold · $390 · article
Mar 19, 2026 $NSC: Maintained · Hold · $295 · article
Mar 19, 2026 $UNP: Upgraded · Buy · $262 · article
Mar 19, 2026 $CSX: Downgraded · Hold · $41.00 · article
Feb 24, 2026 $FDX: Maintained · Hold · $380 · article
Feb 13, 2026 $FDX: Maintained · Hold · $364 · article
Jan 30, 2026 $NSC: Maintained · Hold · $292 · article

Jonathan Chappell5★ · 67% success · +20.4% 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.