AnalystsInsight

Bill Papanastasiou (Chardan Capital): Analyst Track Record and Price‑Target Accuracy

How often Bill Papanastasiou’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 173 ratings, compared with the average Wall Street analyst.

Reviewed by:David, Senior AnalystPublished Oct 18, 2026Updated Oct 18, 20263 min readHow we research

Key takeaways

Bill Papanastasiou ranks #94 of 1,000 analysts in Exent’s scoring (5.0★).
79.9% of price targets were reached over 7 years, versus 52.4% for the average analyst.
Median time to reach a target: 154 days; 81.7% of calls were up 12 months later.
Most‑covered stocks: WULF, TSX-HIVE, GLXY, CIFR.

In this article

Bill Papanastasiou’s track record at a glance
How fast price targets were reached
Stocks Bill Papanastasiou covers most
Recent ratings (shown with a 30-day delay)
How Exent scores analysts

Bill Papanastasiou’s track record at a glance

Bill Papanastasiou of Chardan Capital ranks #94 of the 1,000 analysts Exent scores, with a 5.0★ rating and a focus on technology. Over a 7‑year lookback, 79.9% of Bill’s price targets were reached, 27.5 points above the 52.4% average across all analysts.

Metric	Bill Papanastasiou	All analysts
Price‑target hit rate	79.9%	52.4%
Median days to hit target	154 days	91 days
Calls up after 12 months	81.7%	64.0%
Median 12‑month return of calls	+69.4%	+13.4%
Hit rate, last 2 years	77.4%	—
Average worst drop after a call	−38.2%	—
Ratings in the sample	173	—
Stocks covered	19	—

How fast price targets were reached

Time to reach the target	Bill Papanastasiou
Under 30 days	15.5%
30–90 days	18.7%
90–180 days	21.1%
Over 180 days	44.7%

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

Stocks Bill Papanastasiou covers most

Stock	Ratings in the sample
WULF	45
TSX-HIVE	44
GLXY	43
CIFR	29
RIOT	26
TSX-KEEL	26
KEEL	20
HUT	20

In the past year Bill’s ratings were 100% Buy, 0% Hold and 0% Sell.

Recent ratings (shown with a 30-day delay)

Date	Stock	Action	Rating	Price target
Sep 16, 2026	MOVE	Initiated Coverage: Buy	Buy	$18.75
Aug 11, 2026	QMLS	Initiated Coverage: Buy	Buy	$24.50
Jul 27, 2026	TSX-HIVE	Initiated Coverage: Buy	Buy	$10.45
Jul 26, 2026	CIFR	Initiated Coverage: Buy	Buy	$32.00
Jul 26, 2026	WULF	Initiated Coverage: Buy	Buy	$32.00
Apr 26, 2026	GLXY	Initiated Coverage: Buy	Buy	$35.00
Apr 26, 2026	KEEL	Initiated Coverage: Buy	—	$4.50
Apr 26, 2026	RIOT	Initiated Coverage	Buy	$27.50
Apr 26, 2026	TSX-KEEL	Initiated Coverage	Buy	$6.27
Apr 26, 2026	GLXY	Initiated Coverage	Buy	$35.00
Apr 26, 2026	TSX-KEEL	Initiated Coverage: Buy	Buy	$6.29
Apr 26, 2026	RIOT	Initiated Coverage: Buy	Buy	$27.50

Sep 16, 2026
Stock
MOVE
Action
Initiated Coverage: Buy
Rating
Buy
Price target
$18.75
Aug 11, 2026
Stock
QMLS
Action
Initiated Coverage: Buy
Rating
Buy
Price target
$24.50
Jul 27, 2026
Stock
TSX-HIVE
Action
Initiated Coverage: Buy
Rating
Buy
Price target
$10.45
Jul 26, 2026
Stock
CIFR
Action
Initiated Coverage: Buy
Rating
Buy
Price target
$32.00
Jul 26, 2026
Stock
WULF
Action
Initiated Coverage: Buy
Rating
Buy
Price target
$32.00
Apr 26, 2026
Stock
GLXY
Action
Initiated Coverage: Buy
Rating
Buy
Price target
$35.00
Apr 26, 2026
Stock
KEEL
Action
Initiated Coverage: Buy
Rating
—
Price target
$4.50
Apr 26, 2026
Stock
RIOT
Action
Initiated Coverage
Rating
Buy
Price target
$27.50
Apr 26, 2026
Stock
TSX-KEEL
Action
Initiated Coverage
Rating
Buy
Price target
$6.27
Apr 26, 2026
Stock
GLXY
Action
Initiated Coverage
Rating
Buy
Price target
$35.00
Apr 26, 2026
Stock
TSX-KEEL
Action
Initiated Coverage: Buy
Rating
Buy
Price target
$6.29
Apr 26, 2026
Stock
RIOT
Action
Initiated Coverage: Buy
Rating
Buy
Price target
$27.50

Live ratings from Bill Papanastasiou and the other top‑ranked analysts, and the stocks where they agree, are in Exent Stocks Radar.

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 18, 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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Exent Stocks Radar shows Bill Papanastasiou’s live ratings and those of the other top‑ranked analysts, without the 30‑day delay used on this page.
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Frequently asked questions

By Exent’s scoring Bill Papanastasiou ranks #94 of 1,000 with a 5.0★ rating. 79.9% of price targets were reached over a 7-year lookback (all analysts: 52.4%), and 81.7% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.

Bill Papanastasiou’s success rate is 66.7% by the ranking source and 79.9% by Exent’s price-target hit-rate backtest, with a median of 154 days to reach a target.

Bill Papanastasiou (Chardan Capital) covers 19 stocks, mostly in technology. The most frequently rated are WULF, TSX-HIVE, GLXY, CIFR, RIOT.

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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.

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