PerpEquitiesTop analysts on stock perps · Analyst
Martin Toner (ATB Cormark Capital Markets): analyst track record on stock perps
Martin Toner of ATB Cormark Capital Markets on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.
Stars3.8★
Success55%
Excess return+13.4%
rank#3,073
Ratings38
ratings on stock perps30
Track record
TipRanks data via FMP| 12 months | 3 years | |
|---|---|---|
| Ratings | 31 | 56 |
| Stock | 13 | 18 |
| Buy / hold / sell | 27 / 4 / 0 | 41 / 15 / 0 |
| Upgrades / downgrades / initiations | 1 / 0 / 3 | 2 / 6 / 6 |
| Price targets hit / missed | 0 / 28 (0%) | 10 / 43 (19%) |
| Avg. return after a rating (TipRanks) | -40.3% | -23.8% |
| Best / worst call | -6.8% / -68.4% | +96.6% / -69.0% |
After buy calls: median 21-day move +0.8% · vs S&P 500 +2.2% · targets hit within a year 63% (n = 30)
Current calls on stock perps
| Stock | Call | Target | vs last close | Date |
|---|---|---|---|---|
| $RIOT Riot Platforms, Inc. | Buy · Maintained | $36.00 | +71.8% | Aug 11, 2026 |
| $GLXY Galaxy Digital | Buy · Maintained | $44.00 | +82.3% | Aug 6, 2026 |
| $WULF TeraWulf Inc. | Buy · Maintained | $45.00 | +178.8% | Aug 6, 2026 |
| $KEEL Keel Infrastructure Corp. | Buy · Initiated | – | – | Jun 15, 2026 |
| $SHOP Shopify Inc. | Buy · Maintained | $174 | +37.5% | May 6, 2026 |
Recent ratings
- Aug 11, 2026 $RIOT: Maintained · Buy · $36.00 · article
- Aug 6, 2026 $GLXY: Maintained · Buy · $44.00 · article
- Aug 6, 2026 $WULF: Maintained · Buy · $45.00 · article
- Jul 20, 2026 $GLXY: Maintained · Buy · $44.00 · article
- Jul 7, 2026 $WULF: Maintained · Buy · $51.00 · article
- Jun 15, 2026 $KEEL: Initiated · Buy · article
- May 27, 2026 $WULF: Maintained · Buy · $46.00 · article
- May 12, 2026 $KEEL: Maintained · Buy · $7.27 · article
- May 11, 2026 $WULF: Maintained · Buy · $40.00 · article
- May 6, 2026 $SHOP: Maintained · Buy · $174 · article
- May 1, 2026 $RIOT: Maintained · Buy · $29.00 · article
- Apr 29, 2026 $GLXY: Maintained · Buy · $47.00 · article
- Apr 23, 2026 $GLXY: Maintained · Buy · $50.00 · article
- Apr 15, 2026 $WULF: Maintained · Buy · $30.00 · article
- Feb 25, 2026 $KEEL: Maintained · Buy · $5.02 · article
- Feb 27, 2026 $WULF: Maintained · Buy · $30.00 · article
- Feb 12, 2026 $SHOP: Maintained · Buy · $179 · article
- Feb 4, 2026 $GLXY: Maintained · Buy · $50.24 · article
- Feb 3, 2026 $WULF: Maintained · Buy · $30.00 · article
- Aug 7, 2025 $SHOP: Downgraded · Hold · $158 · article
Martin Toner3.8★ · 55% success · +13.4% 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.