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Michael Baker (D.A. Davidson): Analyst Track Record and Price‑Target Accuracy

How often Michael Baker’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 2,143 ratings, compared with the average Wall Street analyst.

Reviewed by:David, Senior AnalystPublished Nov 9, 2026Updated Nov 11, 20263 min readHow we research

Key takeaways

Michael Baker ranks #938 of 1,181 analysts in Exent’s scoring (4.6★).
56.8% of price targets were reached over 7 years, versus 53.1% for the average analyst.
Median time to reach a target: 118 days; 69.5% of calls were up 12 months later.
Most‑covered stocks: COST, CTRN, DKS, WMT.
Free on Exent: Michael Baker’s full record, with ratings 3 days after publication.

Which stocks do Wall Street’s best‑ranked analysts agree on? See them in Exent Gems →

In this article

Michael Baker’s track record at a glance
How fast price targets were reached
Stocks Michael Baker covers most
Exent’s top 50 analysts
Michael Baker’s latest ratings
More analysts to compare
How Exent scores analysts

Michael Baker’s track record at a glance

Michael Baker of D.A. Davidson ranks #938 of the 1,181 analysts Exent scores, with a 4.6★ rating and a focus on consumer discretionary. Over a 7‑year lookback, 56.8% of Michael’s price targets were reached, 3.7 points above the 53.1% average across all analysts.

Metric	Michael Baker	All analysts
Price‑target hit rate	56.8%	53.1%
Median days to hit target	118 days	93 days
Calls up after 12 months	69.5%	64.4%
Median 12‑month return of calls	+15.5%	+13.5%
Hit rate, last 2 years	52.6%	—
Average worst drop after a call	−20.0%	—
Ratings in the sample	2,143	—
Stocks covered	32	—

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.

See the top-ranked analysts in Gems

How fast price targets were reached

Time to reach the target	Michael Baker
Under 30 days	14.7%
30–90 days	26.3%
90–180 days	29.6%
Over 180 days	29.4%

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

Stocks Michael Baker covers most

Stock	Ratings in the sample
COST	38
CTRN	24
DKS	23
WMT	22
ULTA	20
AZO	19
TSCO	19
GOLD	18

In the past year Michael’s ratings were 76% Buy, 24% Hold and 0% Sell.

Exent’s top 50 analysts

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.

Unlock the top 50 analysts

Michael Baker’s latest ratings

Date	Stock	Action	Rating	Price target
Sep 25, 2026	COST	Reiterated: Hold	Hold	$1040.00
Sep 23, 2026	AZO	Reiterated: Buy	Buy	$3500.00
Sep 17, 2026	ORLY	Reiterated: Buy	Buy	$106.00
Sep 11, 2026	ULTA	Reiterated: Buy	Buy	$625.00
Sep 10, 2026	LOVE	Reiterated: Buy	Buy	$18.00
Sep 10, 2026	DXLG	Reiterated: Buy	Buy	$1.25
Sep 9, 2026	WMT	Reiterated: Buy	Buy	$132.00
Sep 8, 2026	BBY	Downgraded: Hold	Hold	$95.00
Sep 3, 2026	GOLD	Reiterated: Buy	Buy	$60.00
Sep 3, 2026	COST	Reiterated: Hold	Hold	$1000.00
Aug 28, 2026	ULTA	Reiterated: Buy	Buy	$625.00
Aug 28, 2026	BRCC	Reiterated: Buy	Buy	$25.00

Sep 25, 2026
Stock
COST
Action
Reiterated: Hold
Rating
Hold
Price target
$1040.00
Sep 23, 2026
Stock
AZO
Action
Reiterated: Buy
Rating
Buy
Price target
$3500.00
Sep 17, 2026
Stock
ORLY
Action
Reiterated: Buy
Rating
Buy
Price target
$106.00
Sep 11, 2026
Stock
ULTA
Action
Reiterated: Buy
Rating
Buy
Price target
$625.00
Sep 10, 2026
Stock
LOVE
Action
Reiterated: Buy
Rating
Buy
Price target
$18.00
Sep 10, 2026
Stock
DXLG
Action
Reiterated: Buy
Rating
Buy
Price target
$1.25
Sep 9, 2026
Stock
WMT
Action
Reiterated: Buy
Rating
Buy
Price target
$132.00
Sep 8, 2026
Stock
BBY
Action
Downgraded: Hold
Rating
Hold
Price target
$95.00
Sep 3, 2026
Stock
GOLD
Action
Reiterated: Buy
Rating
Buy
Price target
$60.00
Sep 3, 2026
Stock
COST
Action
Reiterated: Hold
Rating
Hold
Price target
$1000.00
Aug 28, 2026
Stock
ULTA
Action
Reiterated: Buy
Rating
Buy
Price target
$625.00
Aug 28, 2026
Stock
BRCC
Action
Reiterated: Buy
Rating
Buy
Price target
$25.00

Michael’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

More analysts to compare

Also at D.A. Davidson: Gil Luria · Alex Platt · Jeff Rulis · Garik Shmois · Peter Heckmann · Rudy Kessinger

Also covering consumer discretionary: Rafe Jadrosich · Chris O`Cull · Joseph Stauff · Colin Sebastian · Ivan Feinseth · Brandt Montour

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 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.

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Exent Gems shows live ratings from the top‑ranked analysts, without the 3‑day delay used on this page.
Gems are the stocks where several 4★+ analysts agree: Exent’s shortlist of high‑conviction ideas.
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Exent is our product. Educational content, not investment advice.

Frequently asked questions

By Exent’s scoring Michael Baker ranks #938 of 1,181 with a 4.6★ rating. 56.8% of price targets were reached over a 7-year lookback (all analysts: 53.1%), and 69.5% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.

In Exent’s 7-year price-target backtest, 56.8% of Michael Baker’s price targets were reached, with a median of 118 days to reach a target (all analysts: 53.1%).

Michael Baker (D.A. Davidson) covers 32 stocks, mostly in consumer discretionary. The most frequently rated are COST, CTRN, DKS, WMT, ULTA.

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