Top analysts on stock perps · Analyst

Tristan M. Thomas-Martin (BMO Capital): analyst track record on stock perps

Tristan M. Thomas-Martin of BMO Capital on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars0.5★

Success39%

Excess return-3.8%

rank#11,234

Ratings123

ratings on stock perps10

Track record

TipRanks data via FMP

	12 months	3 years
Ratings	85	175
Stock	30	30
Buy / hold / sell	60 / 25 / 0	123 / 45 / 7
Upgrades / downgrades / initiations	1 / 1 / 7	1 / 3 / 13
Price targets hit / missed	2 / 82 (2%)	15 / 159 (9%)
Avg. return after a rating (TipRanks)	-29.2%	-26.9%
Best / worst call	+12.3% / -72.3%	+75.6% / -82.6%

After buy calls: median 21-day move +1.4% · vs S&P 500 +2.5% · targets hit within a year 75% (n = 10)

Current calls on stock perps

Stock	Call	Target	vs last close	Date
$RCL Royal Caribbean Group	Buy · Maintained	$370	+42.9%	Jul 30, 2026
$CCL Carnival Corporation & plc	Hold · Initiated	$30.00	+33.5%	Jul 8, 2026
$NCLH Norwegian Cruise Line Holdings Ltd.	Hold · Initiated	$21.00	+44.1%	Jul 8, 2026

Recent ratings

Jul 30, 2026 $RCL: Maintained · Buy · $370 · article
Jul 8, 2026 $RCL: Initiated · Buy · $370 · article
Jul 8, 2026 $CCL: Initiated · Hold · $30.00 · article
Jul 8, 2026 $NCLH: Initiated · Hold · $21.00 · article
Feb 6, 2026 $ORLY: Maintained · Buy · $110 · article
Oct 24, 2025 $ORLY: Maintained · Buy · $110 · article
Jul 24, 2025 $ORLY: Maintained · Buy · $110 · article
Apr 25, 2025 $ORLY: Maintained · Buy · $99.90 · article
Feb 7, 2025 $ORLY: Maintained · Buy · $96.57 · article
Dec 13, 2024 $ORLY: Initiated · Buy · $93.24 · article

Tristan M. Thomas-Martin0.5★ · 39% success · -3.8% 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.