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 Kenneth Wong’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 1,169 ratings, compared with the average Wall Street analyst.
Kenneth Wong of Oppenheimer ranks #983 of the 1,121 analysts Exent scores, with a 4.6★ rating and a focus on technology. Over a 7‑year lookback, 56.7% of Kenneth’s price targets were reached, 3.1 points above the 53.6% average across all analysts.
| Metric | Kenneth Wong | All analysts |
|---|---|---|
| Price‑target hit rate | 56.7% | 53.6% |
| Median days to hit target | 92 days | 91 days |
| Calls up after 12 months | 46.5% | 64.6% |
| Median 12‑month return of calls | −5.0% | +13.4% |
| Hit rate, last 2 years | 27.6% | — |
| Average worst drop after a call | −29.1% | — |
| Ratings in the sample | 1,169 | — |
| Stocks covered | 22 | — |
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.
| Time to reach the target | Kenneth Wong |
|---|---|
| Under 30 days | 19.0% |
| 30–90 days | 29.2% |
| 90–180 days | 26.9% |
| Over 180 days | 24.8% |
Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.
| Stock | Ratings in the sample |
|---|---|
| ADSK | 41 |
| VEEV | 41 |
| HUBS | 41 |
| GWRE | 36 |
| TYL | 35 |
| TSX-SHOP | 35 |
| PTC | 34 |
| WIX | 29 |
In the past year Kenneth’s ratings were 84% Buy, 16% Hold and 0% Sell.
| Date | Stock | Action | Rating | Price target |
|---|---|---|---|---|
| Oct 6, 2026 | PTC | Downgraded: Hold | Hold | $0.00 |
| Oct 5, 2026 | PTC | Downgraded: Hold | Hold | $0.00 |
| Oct 1, 2026 | TYL | Reiterated: Buy | Buy | $450.00 |
| Sep 4, 2026 | GWRE | Reiterated: Buy | Buy | $210.00 |
| Aug 28, 2026 | ADSK | Reiterated: Buy | Buy | $300.00 |
| Aug 27, 2026 | VEEV | Reiterated: Buy | Buy | $325.00 |
| Aug 20, 2026 | BILL | Reiterated: Buy | Buy | $55.00 |
| Aug 17, 2026 | VEEV | Reiterated: Buy | Buy | $300.00 |
| Aug 17, 2026 | GWRE | Reiterated: Buy | Buy | $200.00 |
| Aug 6, 2026 | HUBS | Downgraded: Hold | Hold | $275.00 |
| Aug 6, 2026 | ADSK | Reiterated: Buy | Buy | $300.00 |
| Aug 5, 2026 | SMWB | Reiterated: Buy | Buy | $8.50 |
Kenneth’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.
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.
By Exent’s scoring Kenneth Wong ranks #983 of 1,121 with a 4.6★ rating. 56.7% of price targets were reached over a 7-year lookback (all analysts: 53.6%), and 46.5% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.
Kenneth Wong’s success rate is 55.2% by the ranking source and 56.7% by Exent’s price-target hit-rate backtest, with a median of 92 days to reach a target.
Kenneth Wong (Oppenheimer) covers 22 stocks, mostly in technology. The most frequently rated are ADSK, VEEV, HUBS, GWRE, TYL.
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.