Are Analyst Price Targets Accurate? 7 Years of Data
How often Wall Street price targets are reached, how long it takes, and how the promised upside compares with what stocks actually did. From Exent’s backtest of 628,792 analyst ratings.
How often Andrew Gardiner’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 51 ratings, compared with the average Wall Street analyst.
Andrew Gardiner of Citi ranks #296 of the 1,000 analysts Exent scores, with a 4.9★ rating and a focus on technology. Over a 7‑year lookback, 85.0% of Andrew’s price targets were reached, 32.6 points above the 52.4% average across all analysts.
| Metric | Andrew Gardiner | All analysts |
|---|---|---|
| Price‑target hit rate | 85.0% | 52.4% |
| Median days to hit target | 60 days | 91 days |
| Calls up after 12 months | 68.4% | 64.0% |
| Median 12‑month return of calls | +20.5% | +13.4% |
| Hit rate, last 2 years | 90.9% | — |
| Average worst drop after a call | −20.2% | — |
| Ratings in the sample | 51 | — |
| Stocks covered | 25 | — |
The full records of Exent’s top 90 analysts and the top 50 of each sector, and the stocks where several of them agree right now, are members‑only in Exent Gems.
| Time to reach the target | Andrew Gardiner |
|---|---|
| Under 30 days | 32.4% |
| 30–90 days | 44.1% |
| 90–180 days | 17.7% |
| Over 180 days | 5.9% |
Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.
| Stock | Ratings in the sample |
|---|---|
| AMS-ASML | 70 |
| BIT-STMMI | 42 |
| ARM | 35 |
| STO-ERIC.B | 31 |
| AMS-BESI | 30 |
| AMS-ASM | 28 |
| LON-0HAF | 28 |
| ETR-AIXA | 26 |
In the past year Andrew’s ratings were 70% Buy, 23% Hold and 7% Sell.
| Date | Stock | Action | Rating | Price target |
|---|---|---|---|---|
| Sep 2, 2026 | BIT-STMMI | Reiterated: Buy | Buy | $65.00 |
| Jul 28, 2026 | BIT-STMMI | Reiterated: Buy | Buy | $62.00 |
| Jul 28, 2026 | AMS-BESI | Reiterated: Hold | Hold | $230.00 |
| Jul 17, 2026 | AMS-ASML | Rated: Buy | Buy | $2200.00 |
| Jul 15, 2026 | STO-ERIC.B | Reiterated: Hold | Hold | $105.00 |
| Jun 13, 2026 | LON-WISE | Downgraded: Sell | Sell | $760.00 |
| Jun 13, 2026 | AMS-ASML | Reiterated: Buy | Buy | $1675.00 |
| Jun 13, 2026 | AMS-ADYEN | Initiated Coverage: Buy | Buy | $1800.00 |
| Jun 13, 2026 | WSE | Downgraded: Sell | — | $10.06 |
| May 18, 2026 | ETR-IFX | Maintained | Buy | $80.00 |
| May 18, 2026 | ETR-IFX | Maintained: Buy | Buy | $80.00 |
| May 18, 2026 | ETR-IFX | Reiterated: Buy | Buy | $80.00 |
Andrew’s ratings are free on Exent 3 days after publication. Exent Gems has them the same day, with the calls of the top‑ranked analysts and the stocks where several of them agree.
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.
By Exent’s scoring Andrew Gardiner ranks #296 of 1,000 with a 4.9★ rating. 85.0% of price targets were reached over a 7-year lookback (all analysts: 52.4%), and 68.4% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.
Andrew Gardiner’s success rate is 64.3% by the ranking source and 85.0% by Exent’s price-target hit-rate backtest, with a median of 60 days to reach a target.
Andrew Gardiner (Citi) covers 25 stocks, mostly in technology. The most frequently rated are AMS-ASML, BIT-STMMI, ARM, STO-ERIC.B, AMS-BESI.
Exent tracks 4,000+ analysts, keeps only the elite few with proven records, and surfaces the Gems where they agree.
Educational content, not investment advice. Examples are illustrative; past performance does not guarantee future results.