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 Heiko Ihle’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 1,296 ratings, compared with the average Wall Street analyst.
Heiko Ihle of H.C. Wainwright ranks #117 of the 1,000 analysts Exent scores, with a 5.0★ rating and a focus on materials. Over a 7‑year lookback, 31.4% of Heiko’s price targets were reached, 21.0 points below the 52.4% average across all analysts.
| Metric | Heiko Ihle | All analysts |
|---|---|---|
| Price‑target hit rate | 31.4% | 52.4% |
| Median days to hit target | 119 days | 91 days |
| Calls up after 12 months | 53.7% | 64.0% |
| Median 12‑month return of calls | +5.6% | +13.4% |
| Hit rate, last 2 years | 43.5% | — |
| Average worst drop after a call | −30.7% | — |
| Ratings in the sample | 1,296 | — |
| Stocks covered | 55 | — |
| Time to reach the target | Heiko Ihle |
|---|---|
| Under 30 days | 18.6% |
| 30–90 days | 19.6% |
| 90–180 days | 24.6% |
| Over 180 days | 37.2% |
Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.
| Stock | Ratings in the sample |
|---|---|
| TSX-ASM | 19 |
| TSXV-ITR | 19 |
| TSXV-CERT | 17 |
| GROY | 14 |
| TSX-EDR | 14 |
| TSX-USA | 12 |
| TSX-AG | 12 |
| TSX-TRX | 12 |
In the past year Heiko’s ratings were 100% Buy, 0% Hold and 0% Sell.
| Date | Stock | Action | Rating | Price target |
|---|---|---|---|---|
| Sep 11, 2026 | DC | Reiterated: Buy | Buy | $10.75 |
| Sep 11, 2026 | TSX-FF | Reiterated: Buy | Buy | $1.40 |
| Sep 10, 2026 | ATLX | Reiterated: Buy | Buy | $11.50 |
| Sep 9, 2026 | USGO | Reiterated: Buy | Buy | $30.75 |
| Sep 4, 2026 | GROY | Reiterated: Buy | Buy | $7.00 |
| Sep 4, 2026 | TSX-WRN | Reiterated: Buy | Buy | $8.07 |
| Sep 2, 2026 | NUCL | Initiated Coverage: Buy | Buy | $11.50 |
| Sep 1, 2026 | UUUU | Reiterated: Buy | Buy | $29.25 |
| Aug 26, 2026 | GRO | Reiterated: Buy | Buy | $4.75 |
| Aug 26, 2026 | UEC | Reiterated: Buy | Buy | $26.75 |
| Aug 24, 2026 | TSX-FURY | Reiterated: Buy | Buy | $2.69 |
| Aug 24, 2026 | TSX-NOU | Reiterated: Buy | Buy | $6.37 |
Live ratings from Heiko Ihle and the other top‑ranked analysts, and the stocks where they agree, are in Exent Stocks Radar.
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 19, 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 Heiko Ihle ranks #117 of 1,000 with a 5.0★ rating. 31.4% of price targets were reached over a 7-year lookback (all analysts: 52.4%), and 53.7% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.
Heiko Ihle’s success rate is 50.8% by the ranking source and 31.4% by Exent’s price-target hit-rate backtest, with a median of 119 days to reach a target.
Heiko Ihle (H.C. Wainwright) covers 55 stocks, mostly in materials. The most frequently rated are TSX-ASM, TSXV-ITR, TSXV-CERT, GROY, TSX-EDR.
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.