PerpEquities

Top analysts on stock perps · Analyst

Vikram Gandhi (HSBC): analyst track record on stock perps

Vikram Gandhi of HSBC 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★
Success77%
Excess return+15.5%
rank#1,755
Ratings56
ratings on stock perps33

Track record

TipRanks data via FMP
12 months3 years
Ratings1955
Stock1517
Buy / hold / sell10 / 9 / 021 / 34 / 0
Upgrades / downgrades / initiations5 / 5 / 112 / 13 / 8
Price targets hit / missed2 / 17 (11%)19 / 35 (35%)
Avg. return after a rating (TipRanks)-9.7%+0.8%
Best / worst call+4.7% / -30.2%+81.1% / -41.7%

After buy calls: median 21-day move +3.5% · vs S&P 500 +2.4% · targets hit within a year 100% (n = 33)

Current calls on stock perps

StockCallTargetvs last closeDate
$APO Apollo Global ManagementBuy · Initiated$145+13.4%Jul 20, 2026
$BX Blackstone Inc.Hold · Maintained$135+7.6%Jul 20, 2026
$KKR KKR & Co. Inc.Buy · Maintained$121+20.0%Jul 20, 2026
$CB Chubb LimitedHold · Downgraded$373+10.1%Jul 6, 2026
$PGR Progressive CorporationHold · Maintained$221+2.2%Jul 6, 2026
$TRV Travelers Companies (The)Hold · Maintained$351-4.5%Jul 6, 2026

Recent ratings

  • Jul 20, 2026 $BX: Maintained · Hold · $135 · article
  • Jul 20, 2026 $KKR: Maintained · Buy · $121 · article
  • Jul 20, 2026 $APO: Initiated · Buy · $145 · article
  • Jul 6, 2026 $PGR: Maintained · Hold · $221 · article
  • Jul 6, 2026 $TRV: Maintained · Hold · $351 · article
  • Jul 6, 2026 $CB: Downgraded · Hold · $373 · article
  • Jan 27, 2026 $KKR: Upgraded · Buy · $144 · article
  • Jan 16, 2026 $CB: Upgraded · Buy · $354 · article
  • Jan 16, 2026 $PGR: Downgraded · Hold · $224 · article
  • Nov 17, 2025 $PGR: Upgraded · Buy · $259 · article
  • Aug 1, 2025 $TRV: Maintained · Hold · $289 · article
  • Aug 1, 2025 $CB: Downgraded · Hold · $300 · article
  • Jul 9, 2025 $KKR: Downgraded · Hold · $142 · article
  • Apr 15, 2025 $BX: Maintained · Hold · $132 · article
  • Apr 15, 2025 $KKR: Upgraded · Buy · $119 · article
  • Mar 24, 2025 $TRV: Downgraded · Hold · $270 · article
  • Mar 5, 2025 $CB: Upgraded · Buy · $323 · article
  • Jan 30, 2025 $BX: Maintained · Hold · $192 · article
  • Jan 30, 2025 $KKR: Downgraded · Hold · $173 · article
  • Dec 9, 2024 $PGR: Downgraded · Hold · $267 · article

Vikram Gandhi4.3★ · 77% success · +15.5% 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.