AnalystsInsight

Ajay Patel (Goldman Sachs): Analyst Track Record and Price‑Target Accuracy

Ajay Patel is one of the top‑ranked analysts in Exent’s 7‑year backtest. What Ajay covers, how Ajay’s ratings lean, how fast price targets were reached and the ratings from before the last 30 days; the full record and the newest calls are members‑only.

Reviewed by:David, Senior AnalystPublished Oct 12, 2026Updated Oct 17, 20262 min readHow we research

What changed since Oct 12

Exent re-checks this page every day. Ratings appear 30 days after they are published; live calls are in Gems.

+2 new ratings (stocks members‑only)

Key takeaways

Ajay Patel ranks among the top 50 utilities analysts in Exent’s ranking, scored on a 7‑year backtest.
The exact rank, price‑target hit rate and live calls are members‑only in Exent Gems.
Most‑covered stocks: ETR-ENR, ETR-NDX1, LON-NG, LON-SSE.
In the past year Ajay’s ratings were 69% Buy, 22% Hold and 9% Sell.

In this article

Ajay Patel’s track record at a glance
How fast price targets were reached
Stocks Ajay Patel covers most
Ajay Patel’s latest ratings
How Exent scores analysts

Ajay Patel’s track record at a glance

Ajay Patel of Goldman Sachs ranks among the top 50 utilities analysts in Exent’s ranking, with a focus on utilities. The top of the ranking is what Exent Gems follows, so Ajay’s exact rank, hit rate and live calls are for members.

Metric	Ajay Patel	All analysts
Exent rank		—
Price‑target hit rate		52.4%
Calls up after 12 months		64.0%
Median 12‑month return of calls		+13.4%
Median days to hit target		91 days
Stocks covered	17	—

Unlock the full record in Gems

How fast price targets were reached

Time to reach the target	Ajay Patel
Under 30 days	—
30–90 days	—
90–180 days	—
Over 180 days	—

Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.

Stocks Ajay Patel covers most

ETR-ENR · ETR-NDX1 · LON-NG · LON-SSE · LON-CNA · LON-0NMK · LON-PNN · EPA-VIE

In the past year Ajay’s ratings were 69% Buy, 22% Hold and 9% Sell.

Ajay Patel’s latest ratings

Date	Stock	Action	Rating	Price target
Sep 17, 2026	LON-DRX	Reiterated: Buy	Buy	$1020.00
Sep 14, 2026	LON-DRX	Reiterated: Buy	Buy	$1020.00
Sep 9, 2026	LON-PNN	Reiterated: Hold	Hold	$569.00
Sep 1, 2026	LON-DRX	Upgraded: Buy	Buy	$1020.00
Jul 31, 2026	ETR-NDX1	Reiterated: Buy	Buy	$52.60
Jul 30, 2026	LON-DRX	Reiterated: Hold	Hold	$924.00
Jul 30, 2026	LON-CNA	Reiterated: Buy	Buy	$218.00
Jul 24, 2026	LON-CNA	Reiterated: Buy	Buy	$234.00
Jun 23, 2026	LON-CNA	Reiterated: Buy	Buy	$234.00
May 27, 2026	LON-NG	Maintained	Hold	$1377.00
May 27, 2026	LON-NG	Maintained: Hold	Hold	$1377.00
May 27, 2026	LON-NG	Reiterated: Hold	Hold	$1377.00

Sep 17, 2026
Stock
LON-DRX
Action
Reiterated: Buy
Rating
Buy
Price target
$1020.00
Sep 14, 2026
Stock
LON-DRX
Action
Reiterated: Buy
Rating
Buy
Price target
$1020.00
Sep 9, 2026
Stock
LON-PNN
Action
Reiterated: Hold
Rating
Hold
Price target
$569.00
Sep 1, 2026
Stock
LON-DRX
Action
Upgraded: Buy
Rating
Buy
Price target
$1020.00
Jul 31, 2026
Stock
ETR-NDX1
Action
Reiterated: Buy
Rating
Buy
Price target
$52.60
Jul 30, 2026
Stock
LON-DRX
Action
Reiterated: Hold
Rating
Hold
Price target
$924.00
Jul 30, 2026
Stock
LON-CNA
Action
Reiterated: Buy
Rating
Buy
Price target
$218.00
Jul 24, 2026
Stock
LON-CNA
Action
Reiterated: Buy
Rating
Buy
Price target
$234.00
Jun 23, 2026
Stock
LON-CNA
Action
Reiterated: Buy
Rating
Buy
Price target
$234.00
May 27, 2026
Stock
LON-NG
Action
Maintained
Rating
Hold
Price target
$1377.00
May 27, 2026
Stock
LON-NG
Action
Maintained: Hold
Rating
Hold
Price target
$1377.00
May 27, 2026
Stock
LON-NG
Action
Reiterated: Hold
Rating
Hold
Price target
$1377.00

Ratings from the last 30 days are members‑only in Exent Gems, with the stocks where several top‑ranked analysts agree; older ratings are shown in full.

See the latest ratings in Gems

How Exent scores analysts

Exent replays every rating with a price target over a 7‑year lookback: was the target reached, how long it took, and what the stock returned 1, 3, 6 and 12 months after the call. The star rating and rank combine success rate, average return and the number of ratings, so a few lucky calls do not make a top analyst. Statistics as of Jun 24, 2026; ranking updated Oct 20, 2026. How accurate are analyst price targets overall?

Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.

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Frequently asked questions

By Exent’s scoring, Ajay Patel ranks among the top 50 utilities analysts in Exent’s ranking, based on a 7-year backtest of price-target hit rate, returns after calls and number of ratings. The exact rank, hit rate and live calls are members-only in Exent Gems (exent.ai/radar). Past accuracy does not guarantee future accuracy.

Ajay Patel’s price-target hit rate is part of the members-only record in Exent Gems (exent.ai/radar). For comparison, the average analyst’s price targets were reached 52.4% of the time.

Ajay Patel (Goldman Sachs) covers 17 stocks, mostly in utilities. The most frequently rated are ETR-ENR, ETR-NDX1, LON-NG, LON-SSE, LON-CNA.

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DISCLAIMER: Exent AI is an informational research platform and does not provide investment advice, financial advice, or act as an investment adviser, broker-dealer, or fiduciary. All content, analytics, and model outputs are provided for educational and informational purposes only and should not be relied upon as a recommendation to buy, sell, or hold any financial instrument. Investing involves risk, including the possible loss of principal. Exent AI does not execute trades, hold customer funds, or provide brokerage services. Past performance and hypothetical results are not indicative of future results. Third-party data and AI-generated outputs may be incomplete or inaccurate.

What changed since Oct 12

Key takeaways

Are Analyst Price Targets Accurate? 7 Years of Data

How to Follow Wall Street Analysts the Smart Way: Track Records, Not Headlines

What Are Exent Gems? Top‑Analyst Agreement Explained