PerpEquities

Top analysts on stock perps · Analyst

Stephen Byrd (Morgan Stanley): analyst track record on stock perps

Stephen Byrd of Morgan Stanley 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★
Success51%
Excess return+5.4%
rank#1,917
Ratings506
ratings on stock perps53

Track record

TipRanks data via FMP
12 months3 years
Ratings3746
Stock715
Buy / hold / sell25 / 4 / 831 / 6 / 9
Upgrades / downgrades / initiations0 / 0 / 60 / 0 / 6
Price targets hit / missed3 / 32 (9%)11 / 33 (25%)
Avg. return after a rating (TipRanks)-57.6%-39.5%
Best / worst call+36.9% / -83.8%+83.2% / -83.8%

After buy calls: median 21-day move -2.6% · vs S&P 500 -2.8% (n = 21)

Current calls on stock perps

StockCallTargetvs last closeDate
$CIFR Cipher Mining Inc.Buy · Maintained$51.50–Oct 22, 2026
$HUT Hut 8 Corp.Buy · Maintained$275+349.1%Oct 22, 2026
$RIOT Riot Platforms, Inc.Buy · Maintained$35.50+183.3%Oct 22, 2026
$WULF TeraWulf Inc.Buy · Maintained$65.00–Oct 20, 2026
$APLD Applied Digital CorporationHold · Maintained$41.00+124.7%Oct 9, 2026
$MARA Marathon Digital Holdings, Inc.Sell · Maintained$10.00+42.5%Oct 9, 2026

Recent ratings

  • Oct 22, 2026 $HUT: Maintained · Buy · $275 · article
  • Oct 22, 2026 $RIOT: Maintained · Buy · $35.50 · article
  • Oct 22, 2026 $CIFR: Maintained · Buy · $51.50 · article
  • Oct 22, 2026 $HUT: Maintained · Buy · $275
  • Oct 22, 2026 $CIFR: Maintained · Buy · $51.50
  • Oct 20, 2026 $WULF: Maintained · Buy · $65.00
  • Oct 15, 2026 $WULF: Maintained · Buy · $65.00 · article
  • Oct 15, 2026 $WULF: Maintained · Buy · $65.00 · article
  • Oct 9, 2026 $RIOT: Maintained · Buy · $35.50 · article
  • Oct 9, 2026 $WULF: Maintained · Buy · $65.00 · article
  • Oct 9, 2026 $MARA: Maintained · Sell · $10.00 · article
  • Oct 9, 2026 $WULF: Maintained · Buy · $65.00 · article
  • Oct 9, 2026 $APLD: Maintained · Hold · $41.00 · article
  • Oct 9, 2026 $CIFR: Maintained · Buy · $51.50 · article
  • Oct 9, 2026 $HUT: Maintained · Buy · $275 · article
  • Oct 9, 2026 $HUT: Maintained · Buy · $275 · article
  • Oct 9, 2026 $CIFR: Maintained · Buy · $51.50 · article
  • Sep 21, 2026 $MARA: Reiterated · Sell · $11.00 · article
  • Sep 21, 2026 $CIFR: Reiterated · Buy · $54.00 · article
  • Sep 18, 2026 $MARA: Reiterated · Sell · $11.00 · article

Stephen Byrd4.2★ · 51% success · +5.4% 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.