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 983,543 analyst ratings.
How often Jacob Smith CFA’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 48 ratings, compared with the average Wall Street analyst.
Exent re-checks this page every day. Ratings appear 30 days after they are published; live calls are in Gems.
Which stocks do Wall Street’s best‑ranked analysts agree on? See them in Exent Gems →
Jacob Smith CFA of Guggenheim ranks #1086 of the 1,181 analysts Exent scores, with a 4.4★ rating and a focus on technology. Over a 7‑year lookback, 54.1% of Jacob’s price targets were reached, 1.0 points above the 53.1% average across all analysts.
| Metric | Jacob Smith CFA | All analysts |
|---|---|---|
| Price‑target hit rate | 54.1% | 53.1% |
| Median days to hit target | 116 days | 93 days |
| Calls up after 12 months | 50.0% | 64.4% |
| Median 12‑month return of calls | −4.5% | +13.5% |
| Hit rate, last 2 years | 54.1% | — |
| Average worst drop after a call | −13.8% | — |
| Ratings in the sample | 48 | — |
| Stocks covered | 4 | — |
The full records of Exent’s top 50 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 | Jacob Smith CFA |
|---|---|
| Under 30 days | 5.0% |
| 30–90 days | 0.0% |
| 90–180 days | 80.0% |
| Over 180 days | 15.0% |
Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.
In the past year Jacob’s ratings were 80% Buy, 20% Hold and 0% Sell.
Across 983,543 ratings, the average Wall Street analyst’s price target was reached 53.1% of the time: close to a coin flip. The spread between analysts is wide, and 14.3% of the 965 analysts with a measurable record reached 70% or more (Exent data, Nov 9, 2026).
Exent Gems is built on the top 50 of Exent’s ranking. Over the last two years, some of them reached 90% or more of their price targets. Who they are, which stocks they are calling now and how often they have been right is for members.
| Date | Stock | Action | Rating | Price target |
|---|---|---|---|---|
| Nov 6, 2026 | PCTY | Reiterated: Buy | Buy | $200.00 |
| Oct 23, 2026 | PAYC | Reiterated: Buy | Buy | $300.00 |
| Oct 23, 2026 | ADP | Maintained: Buy | Buy | $340.00 |
| Oct 23, 2026 | PCTY | Reiterated: Buy | Buy | $200.00 |
| Oct 23, 2026 | PAYC | Rated: Buy | Buy | $300.00 |
| Oct 22, 2026 | ADP | Reiterated: Buy | Buy | $340.00 |
| Oct 22, 2026 | PCTY | Reiterated: Buy | Buy | $200.00 |
| Sep 23, 2026 | PAYX | Reiterated: Hold | Hold | — |
| Sep 16, 2026 | PAYX | Reiterated: Hold | Hold | — |
| Aug 5, 2026 | PAYC | Reiterated: Buy | Buy | $225.00 |
| Aug 4, 2026 | PCTY | Reiterated: Buy | Buy | $180.00 |
| Jun 24, 2026 | PAYX | Reiterated: Hold | Hold | — |
Jacob’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.
Also at Guggenheim: Eddie Hickman · Michael Ciarmoli · John Difucci · Yatin Suneja · Vamil Divan · Debjit Chattopadhyay
Also covering technology: John Blackledge · John Cheong · Keith Bachman · Tal Liani · Scott Searle · Koji Ikeda
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 Nov 9, 2026; ranking updated Nov 11, 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 Jacob Smith CFA ranks #1086 of 1,181 with a 4.4★ rating. 54.1% of price targets were reached over a 7-year lookback (all analysts: 53.1%), and 50.0% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.
In Exent’s 7-year price-target backtest, 54.1% of Jacob Smith CFA’s price targets were reached, with a median of 116 days to reach a target (all analysts: 53.1%).
Jacob Smith CFA (Guggenheim) covers 4 stocks, mostly in technology. The most frequently rated are PCTY, PAYC, ADP, PAYX.
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.