Top analysts on stock perps · Analyst

Marcelo Santos (J.P. Morgan): analyst track record on stock perps

Marcelo Santos of J.P. Morgan on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars4.2★

Success56%

Excess return+14.9%

rank#1,975

Ratings75

ratings on stock perps39

Track record

TipRanks data via FMP

	12 months	3 years
Ratings	33	91
Stock	10	11
Buy / hold / sell	13 / 20 / 0	44 / 44 / 3
Upgrades / downgrades / initiations	2 / 4 / 1	7 / 9 / 2
Price targets hit / missed	5 / 25 (17%)	17 / 55 (24%)
Avg. return after a rating (TipRanks)	-13.0%	-3.8%
Best / worst call	+53.1% / -38.3%	+221.6% / -64.5%

After buy calls: median 21-day move +0.3% · vs S&P 500 +0.2% · targets hit within a year 100% (n = 38)

Current calls on stock perps

Stock	Call	Target	vs last close	Date
$MELI MercadoLibre, Inc.	Hold · Maintained	$2,150	+12.8%	Aug 11, 2026

Recent ratings

Aug 11, 2026 $MELI: Maintained · Hold · $2,150 · article
May 13, 2026 $MELI: Maintained · Hold · $1,900 · article
Mar 12, 2026 $MELI: Downgraded · Hold · $2,100 · article
Mar 2, 2026 $MELI: Maintained · Buy · $2,650 · article
Feb 12, 2026 $MELI: Upgraded · Buy · $2,800 · article
Nov 3, 2025 $MELI: Maintained · Hold · $2,650 · article
Oct 3, 2025 $MELI: Maintained · Hold · $2,600 · article
Sep 24, 2025 $MELI: Maintained · Hold · article
Sep 15, 2025 $MELI: Maintained · Hold · article
Aug 21, 2025 $MELI: Maintained · Hold · article
Aug 7, 2025 $MELI: Maintained · Hold · $2,700 · article
May 22, 2025 $MELI: Maintained · Hold · $2,600 · article
Apr 7, 2025 $MELI: Maintained · Hold · article
Mar 18, 2025 $MELI: Maintained · Hold · article
Feb 25, 2025 $MELI: Maintained · Hold · $2,300 · article
Jan 8, 2025 $MELI: Maintained · Hold · $1,950 · article
Dec 22, 2024 $MELI: Maintained · Hold · $2,150 · article
Dec 3, 2024 $MELI: Maintained · Hold · article
Nov 13, 2024 $MELI: Reiterated · Hold · $2,150 · article
Nov 6, 2024 $MELI: Reiterated · Hold · article

Marcelo Santos4.2★ · 56% success · +14.9% 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.