PerpEquitiesTop 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.
Stars4.3★
Success52%
Excess return+6.5%
rank#1,646
Ratings499
ratings on stock perps30
Track record
TipRanks data via FMP| 12 months | 3 years | |
|---|---|---|
| Ratings | 24 | 33 |
| Stock | 6 | 14 |
| Buy / hold / sell | 17 / 2 / 5 | 23 / 4 / 6 |
| Upgrades / downgrades / initiations | 0 / 0 / 6 | 0 / 0 / 6 |
| Price targets hit / missed | 5 / 17 (23%) | 13 / 18 (42%) |
| Avg. return after a rating (TipRanks) | -30.7% | -12.9% |
| Best / worst call | +107.8% / -77.6% | +107.8% / -77.6% |
After buy calls: median 21-day move +1.8% · vs S&P 500 +1.5% · targets hit within a year 100% (n = 24)
Current calls on stock perps
| Stock | Call | Target | vs last close | Date |
|---|---|---|---|---|
| $MARA Marathon Digital Holdings, Inc. | Sell · Reiterated | $6.00 | -47.5% | Aug 13, 2026 |
| $RIOT Riot Platforms, Inc. | Buy · Reiterated | $43.00 | +105.3% | Aug 13, 2026 |
| $WULF TeraWulf Inc. | Buy · Reiterated | $62.50 | +287.2% | Aug 13, 2026 |
| $APLD Applied Digital Corporation | Hold · Reiterated | $37.50 | +45.5% | Aug 6, 2026 |
| $CIFR Cipher Mining Inc. | Buy · Reiterated | $43.50 | +172.9% | Aug 6, 2026 |
| $HUT Hut 8 Corp. | Buy · Reiterated | $273 | +201.3% | Aug 6, 2026 |
Recent ratings
- Aug 13, 2026 $WULF: Reiterated · Buy · $62.50 · article
- Aug 13, 2026 $MARA: Reiterated · Sell · $6.00 · article
- Aug 13, 2026 $RIOT: Reiterated · Buy · $43.00 · article
- Aug 6, 2026 $HUT: Reiterated · Buy · $273 · article
- Aug 6, 2026 $APLD: Reiterated · Hold · $37.50 · article
- Aug 6, 2026 $CIFR: Reiterated · Buy · $43.50 · article
- Jul 24, 2026 $APLD: Initiated · Hold · $36.50 · article
- Jul 24, 2026 $HUT: Initiated · Buy · $263 · article
- Jul 24, 2026 $RIOT: Initiated · Buy · $36.00 · article
- Jul 20, 2026 $CIFR: Maintained · Buy · $47.00 · article
- Jul 8, 2026 $MARA: Maintained · Sell · $5.50 · article
- Jul 8, 2026 $WULF: Maintained · Buy · $72.00 · article
- Jun 4, 2026 $CIFR: Reiterated · Buy · $48.50 · article
- Jun 3, 2026 $WULF: Reiterated · Buy · $66.50 · article
- May 18, 2026 $MARA: Maintained · Sell · $7.00 · article
- May 18, 2026 $CIFR: Reiterated · Buy · $42.50 · article
- May 18, 2026 $WULF: Reiterated · Buy · $42.00 · article
- Apr 27, 2026 $CIFR: Reiterated · Buy · $40.50 · article
- Apr 27, 2026 $WULF: Reiterated · Buy · $41.50 · article
- Apr 27, 2026 $MARA: Maintained · Sell · $8.50 · article
Stephen Byrd4.3★ · 52% success · +6.5% 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.