AnalystsInsight

Brad Watson (Bell Potter): Analyst Track Record and Price‑Target Accuracy

How often Brad Watson’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 0 ratings, compared with the average Wall Street analyst.

Reviewed by:David, Senior AnalystPublished Oct 12, 2026Updated Oct 21, 20263 min readHow we research

Key takeaways

Brad Watson ranks #705 of 1,121 analysts in Exent’s scoring (4.7★).
— of price targets were reached over 7 years, versus 53.6% for the average analyst.
Median time to reach a target: — days; — of calls were up 12 months later.
Most‑covered stocks: ASX-MIN, ASX-ALK, ASX-IGO, ASX-DLI.
Free on Exent: Brad Watson’s full record, with ratings 3 days after publication.

In this article

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

Brad Watson’s track record at a glance

Brad Watson of Bell Potter ranks #705 of the 1,121 analysts Exent scores, with a 4.7★ rating and a focus on materials. Over a 7‑year lookback, — of Brad’s price targets were reached, the 53.6% average across all analysts.

Metric	Brad Watson	All analysts
Price‑target hit rate	—	53.6%
Median days to hit target	—	91 days
Calls up after 12 months	—	64.6%
Median 12‑month return of calls	—	+13.4%
Hit rate, last 2 years	—	—
Average worst drop after a call	—	—
Ratings in the sample	0	—
Stocks covered	13	—

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.

See the top-ranked analysts in Gems

How fast price targets were reached

Time to reach the target	Brad Watson
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 Brad Watson covers most

Stock	Ratings in the sample
ASX-MIN	24
ASX-ALK	16
ASX-IGO	8
ASX-DLI	7
ASX-BGL	6
ASX-NST	6
ASX-GMD	5
ASX-CYL	5

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

Brad Watson’s latest ratings

Date	Stock	Action	Rating	Price target
Oct 18, 2026	ASX-SGC	Reiterated: Buy	Buy	$2.15
Oct 1, 2025	ASX-MIN	Reiterated: Buy	Buy	$49.00
Jul 10, 2025	ASX-VMM	Reiterated: Buy	Buy	$1.55
May 20, 2025	ASX-ALK	Reiterated: Buy	Buy	$1.40
May 14, 2025	ASX-BGL	Upgraded: Buy	Buy	$1.15
May 14, 2025	ASX-GMD	Reiterated: Hold	Hold	$3.75
May 12, 2025	ASX-CYL	Upgraded: Buy	Buy	$7.05
May 1, 2025	ASX-IGO	Reiterated: Sell	Sell	$3.25
May 1, 2025	ASX-NST	Downgraded: Hold	Hold	$20.85
Apr 30, 2025	ASX-MIN	Reiterated: Buy	Buy	$29.50
Apr 29, 2025	ASX-CYL	Downgraded: Hold	Hold	$6.30
Apr 21, 2025	ASX-GMD	Reiterated: Hold	Hold	$4.45

Oct 18, 2026
Stock
ASX-SGC
Action
Reiterated: Buy
Rating
Buy
Price target
$2.15
Oct 1, 2025
Stock
ASX-MIN
Action
Reiterated: Buy
Rating
Buy
Price target
$49.00
Jul 10, 2025
Stock
ASX-VMM
Action
Reiterated: Buy
Rating
Buy
Price target
$1.55
May 20, 2025
Stock
ASX-ALK
Action
Reiterated: Buy
Rating
Buy
Price target
$1.40
May 14, 2025
Stock
ASX-BGL
Action
Upgraded: Buy
Rating
Buy
Price target
$1.15
May 14, 2025
Stock
ASX-GMD
Action
Reiterated: Hold
Rating
Hold
Price target
$3.75
May 12, 2025
Stock
ASX-CYL
Action
Upgraded: Buy
Rating
Buy
Price target
$7.05
May 1, 2025
Stock
ASX-IGO
Action
Reiterated: Sell
Rating
Sell
Price target
$3.25
May 1, 2025
Stock
ASX-NST
Action
Downgraded: Hold
Rating
Hold
Price target
$20.85
Apr 30, 2025
Stock
ASX-MIN
Action
Reiterated: Buy
Rating
Buy
Price target
$29.50
Apr 29, 2025
Stock
ASX-CYL
Action
Downgraded: Hold
Rating
Hold
Price target
$6.30
Apr 21, 2025
Stock
ASX-GMD
Action
Reiterated: Hold
Rating
Hold
Price target
$4.45

Brad’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.

See the top-ranked analysts 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 Oct 20, 2026; ranking updated Oct 21, 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 Gems shows Brad Watson’s live ratings and those of the top‑ranked analysts, without the 30‑day delay used on this page.
Gems are the stocks where several 4★+ analysts agree: Exent’s shortlist of high‑conviction ideas.
Check any idea against your own portfolio: correlation, concentration and crash exposure before you buy.

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Frequently asked questions

By Exent’s scoring Brad Watson ranks #705 of 1,121 with a 4.7★ rating. — of price targets were reached over a 7-year lookback (all analysts: 53.6%), and — of calls were up 12 months later. Past accuracy does not guarantee future accuracy.

Brad Watson’s success rate is 55.7% by the ranking source and — by Exent’s price-target hit-rate backtest, with a median of — days to reach a target.

Brad Watson (Bell Potter) covers 13 stocks, mostly in materials. The most frequently rated are ASX-MIN, ASX-ALK, ASX-IGO, ASX-DLI, ASX-BGL.

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