AnalystsInsight

Joe Ritchie (Goldman Sachs): Analyst Track Record and Price‑Target Accuracy

How often Joe Ritchie’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 932 ratings, compared with the average Wall Street analyst.

Reviewed by:David, Senior AnalystPublished Oct 12, 2026Updated Oct 18, 20263 min readHow we research

What changed since Oct 12

Exent re-checks this page every day. Ratings appear 30 days after they are published; live calls are in Gems.

#655 rank (was #571)+2 new ratings (INIO)

Key takeaways

Joe Ritchie ranks #624 of 1,000 analysts in Exent’s scoring (4.8★).
69.7% of price targets were reached over 7 years, versus 52.4% for the average analyst.
Median time to reach a target: 87 days; 74.1% of calls were up 12 months later.
Most‑covered stocks: MIR, FLS, GEV, ROK.
Free on Exent: Joe Ritchie’s full record, with ratings 3 days after publication.

In this article

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

Joe Ritchie’s track record at a glance

Joe Ritchie of Goldman Sachs ranks #624 of the 1,000 analysts Exent scores, with a 4.8★ rating and a focus on industrials. Over a 7‑year lookback, 69.7% of Joe’s price targets were reached, 17.3 points above the 52.4% average across all analysts.

Metric	Joe Ritchie	All analysts
Price‑target hit rate	69.7%	52.4%
Median days to hit target	87 days	91 days
Calls up after 12 months	74.1%	64.0%
Median 12‑month return of calls	+20.2%	+13.4%
Hit rate, last 2 years	62.7%	—
Average worst drop after a call	−13.3%	—
Ratings in the sample	932	—
Stocks covered	38	—

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	Joe Ritchie
Under 30 days	22.0%
30–90 days	28.6%
90–180 days	28.6%
Over 180 days	20.9%

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

Stocks Joe Ritchie covers most

Stock	Ratings in the sample
MIR	30
FLS	28
GEV	22
ROK	20
CGNX	19
TKR	19
CNM	18
PH	18

In the past year Joe’s ratings were 53% Buy, 37% Hold and 10% Sell.

Joe Ritchie’s latest ratings

Date	Stock	Action	Rating	Price target
Sep 18, 2026	INIO	Maintained: Buy	Buy	$40.00
Sep 17, 2026	INIO	Reiterated: Buy	Buy	$40.00
Sep 10, 2026	CNM	Maintained: Hold	Hold	$53.00
Sep 9, 2026	CNM	Reiterated: Hold	Hold	$53.00
Aug 24, 2026	EQPT	Reiterated: Buy	Buy	$35.00
Aug 10, 2026	TSX-ATS	Reiterated: Sell	Sell	$31.82
Aug 7, 2026	CGNX	Rated: Buy	Buy	$91.00
Aug 6, 2026	ITT	Reiterated: Buy	Buy	$270.00
Aug 6, 2026	VNT	Reiterated: Hold	Hold	$39.00
Aug 5, 2026	KMT	Reiterated: Sell	Sell	$33.00
Jul 31, 2026	NVT	Reiterated: Buy	Buy	$200.00
Jul 30, 2026	FLS	Reiterated: Hold	Hold	$82.00

Sep 18, 2026
Stock
INIO
Action
Maintained: Buy
Rating
Buy
Price target
$40.00
Sep 17, 2026
Stock
INIO
Action
Reiterated: Buy
Rating
Buy
Price target
$40.00
Sep 10, 2026
Stock
CNM
Action
Maintained: Hold
Rating
Hold
Price target
$53.00
Sep 9, 2026
Stock
CNM
Action
Reiterated: Hold
Rating
Hold
Price target
$53.00
Aug 24, 2026
Stock
EQPT
Action
Reiterated: Buy
Rating
Buy
Price target
$35.00
Aug 10, 2026
Stock
TSX-ATS
Action
Reiterated: Sell
Rating
Sell
Price target
$31.82
Aug 7, 2026
Stock
CGNX
Action
Rated: Buy
Rating
Buy
Price target
$91.00
Aug 6, 2026
Stock
ITT
Action
Reiterated: Buy
Rating
Buy
Price target
$270.00
Aug 6, 2026
Stock
VNT
Action
Reiterated: Hold
Rating
Hold
Price target
$39.00
Aug 5, 2026
Stock
KMT
Action
Reiterated: Sell
Rating
Sell
Price target
$33.00
Jul 31, 2026
Stock
NVT
Action
Reiterated: Buy
Rating
Buy
Price target
$200.00
Jul 30, 2026
Stock
FLS
Action
Reiterated: Hold
Rating
Hold
Price target
$82.00

Joe’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 Jun 24, 2026; ranking updated Oct 20, 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 Joe Ritchie’s live ratings and those of the top‑ranked analysts, without the 30‑day delay used on this page.
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Frequently asked questions

By Exent’s scoring Joe Ritchie ranks #624 of 1,000 with a 4.8★ rating. 69.7% of price targets were reached over a 7-year lookback (all analysts: 52.4%), and 74.1% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.

Joe Ritchie’s success rate is 58.9% by the ranking source and 69.7% by Exent’s price-target hit-rate backtest, with a median of 87 days to reach a target.

Joe Ritchie (Goldman Sachs) covers 38 stocks, mostly in industrials. The most frequently rated are MIR, FLS, GEV, ROK, CGNX.

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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.

What changed since Oct 12

Key takeaways

Are Analyst Price Targets Accurate? 7 Years of Data

How to Follow Wall Street Analysts the Smart Way: Track Records, Not Headlines

What Are Exent Gems? Top‑Analyst Agreement Explained