AnalystsInsight

Daniel Lang (Bell Potter): Analyst Track Record and Price‑Target Accuracy

Daniel Lang is one of the top‑ranked analysts in Exent’s 7‑year backtest. What Daniel covers, how Daniel’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 22, 2026Updated Oct 22, 20262 min readHow we research

Key takeaways

Daniel Lang ranks among the top 50 industrials 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: ASX-DRO, ASX-EOS, ASX-HCL, ASX-AL3.
In the past year Daniel’s ratings were 0% Buy, 100% Hold and 0% Sell.

In this article

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

Daniel Lang’s track record at a glance

Daniel Lang of Bell Potter ranks among the top 50 industrials analysts in Exent’s ranking, with a focus on industrials. The top of the ranking is what Exent Gems follows, so Daniel’s exact rank, hit rate and live calls are for members.

Metric	Daniel Lang	All analysts
Exent rank		—
Price‑target hit rate		53.6%
Calls up after 12 months		64.6%
Median 12‑month return of calls		+13.4%
Median days to hit target		91 days
Stocks covered	9	—

Unlock the full record in Gems

How fast price targets were reached

Time to reach the target	Daniel Lang
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 Daniel Lang covers most

ASX-DRO · ASX-EOS · ASX-HCL · ASX-AL3 · ASX-ASB · ASX-CDA · ASX-CVL · ASX-AMA

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

Daniel Lang’s latest ratings

Date	Stock	Action	Rating	Price target
Feb 19, 2026	ASX-CDA	Reiterated: Hold	Hold	$37.70
Feb 19, 2026	ASX-CDA	Maintained	Hold	$37.70
Feb 19, 2026	ASX-CDA	Maintained: Hold	Hold	$37.70
Jan 14, 2026	ASX-HCL	Downgraded: Hold	Hold	$0.32
Jan 14, 2026	ASX-HCL	Downgraded	Buy → Hold	$0.32
Jan 12, 2026	ASX-CDA	Reiterated: Hold	Hold	$36.70
Jan 12, 2026	ASX-CDA	Maintained	Hold	$36.70
Jan 12, 2026	ASX-CDA	Maintained: Hold	Hold	$36.70
Oct 6, 2025	ASX-EOS	Reiterated: Buy	Buy	$11.20
Oct 6, 2025	ASX-EOS	Maintained: Buy	Buy	$11.20
Oct 6, 2025	ASX-EOS	Maintained	Buy	$11.20
Sep 29, 2025	ASX-EOS	Maintained	Buy	$11.00

Feb 19, 2026
Stock
ASX-CDA
Action
Reiterated: Hold
Rating
Hold
Price target
$37.70
Feb 19, 2026
Stock
ASX-CDA
Action
Maintained
Rating
Hold
Price target
$37.70
Feb 19, 2026
Stock
ASX-CDA
Action
Maintained: Hold
Rating
Hold
Price target
$37.70
Jan 14, 2026
Stock
ASX-HCL
Action
Downgraded: Hold
Rating
Hold
Price target
$0.32
Jan 14, 2026
Stock
ASX-HCL
Action
Downgraded
Rating
Buy → Hold
Price target
$0.32
Jan 12, 2026
Stock
ASX-CDA
Action
Reiterated: Hold
Rating
Hold
Price target
$36.70
Jan 12, 2026
Stock
ASX-CDA
Action
Maintained
Rating
Hold
Price target
$36.70
Jan 12, 2026
Stock
ASX-CDA
Action
Maintained: Hold
Rating
Hold
Price target
$36.70
Oct 6, 2025
Stock
ASX-EOS
Action
Reiterated: Buy
Rating
Buy
Price target
$11.20
Oct 6, 2025
Stock
ASX-EOS
Action
Maintained: Buy
Rating
Buy
Price target
$11.20
Oct 6, 2025
Stock
ASX-EOS
Action
Maintained
Rating
Buy
Price target
$11.20
Sep 29, 2025
Stock
ASX-EOS
Action
Maintained
Rating
Buy
Price target
$11.00

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 Oct 20, 2026; ranking updated Oct 22, 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, Daniel Lang ranks among the top 50 industrials 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.

Daniel Lang’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 53.6% of the time.

Daniel Lang (Bell Potter) covers 9 stocks, mostly in industrials. The most frequently rated are ASX-DRO, ASX-EOS, ASX-HCL, ASX-AL3, ASX-ASB.

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