Top analysts on stock perps · Analyst

Nick Lai (J.P. Morgan): analyst track record on stock perps

Nick Lai 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.

Stars0.4★

Success41%

Excess return-4.5%

rank#11,418

Ratings127

ratings on stock perps45

Track record

TipRanks data via FMP

	12 months	3 years
Ratings	33	125
Stock	16	22
Buy / hold / sell	18 / 9 / 6	75 / 37 / 13
Upgrades / downgrades / initiations	0 / 6 / 0	15 / 15 / 1
Price targets hit / missed	2 / 31 (6%)	14 / 111 (11%)
Avg. return after a rating (TipRanks)	-40.8%	-39.1%
Best / worst call	+29.4% / -79.3%	+93.4% / -84.1%

After buy calls: median 21-day move -2.5% · vs S&P 500 -3.3% · targets hit within a year 50% (n = 38)

Current calls on stock perps

Stock	Call	Target	vs last close	Date
$NIO NIO Inc.	Hold · Downgraded	$4.50	+25.7%	Sep 2, 2026
$LI Li Auto Inc.	Sell · Maintained	$9.00	-22.7%	Sep 1, 2026
$XPEV XPeng Inc.	Buy · Maintained	$24.00	+132.1%	Aug 25, 2026

Recent ratings

Sep 1, 2026 $LI: Maintained · Sell · $9.00
Sep 2, 2026 $NIO: Downgraded · Hold · $4.50 · article
Aug 25, 2026 $XPEV: Maintained · Buy · $24.00 · article
Jul 14, 2026 $XPEV: Maintained · Buy · $27.00 · article
Jul 14, 2026 $LI: Maintained · Sell · $10.00 · article
May 29, 2026 $LI: Maintained · Sell · $14.00 · article
May 29, 2026 $XPEV: Maintained · Buy · $30.00 · article
Mar 13, 2026 $LI: Maintained · Sell · $15.50 · article
Feb 8, 2026 $XPEV: Maintained · Buy · $34.00 · article
Feb 8, 2026 $LI: Downgraded · Sell · $14.00 · article
Feb 8, 2026 $NIO: Maintained · Buy · $7.00 · article
Nov 14, 2025 $XPEV: Maintained · Buy · $50.00 · article
Sep 11, 2025 $NIO: Reiterated · Buy · $8.00 · article
Aug 28, 2025 $LI: Maintained · Hold · $26.00 · article
Aug 26, 2025 $NIO: Upgraded · Buy · $8.00 · article
Aug 14, 2025 $NIO: Maintained · Hold · $4.80 · article
Aug 13, 2025 $LI: Downgraded · Hold · $28.00 · article
May 16, 2025 $LI: Maintained · Buy · $33.00 · article
Mar 24, 2025 $NIO: Maintained · Hold · $4.10 · article
Mar 19, 2025 $XPEV: Maintained · Buy · $31.00 · article

Nick Lai0.4★ · 41% success · -4.5% 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.