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.
Mike Colonnese is one of the top‑ranked analysts in Exent’s 7‑year backtest. What Mike covers, how Mike’s ratings lean, how fast price targets were reached and the ratings from before the last 30 days; the full record and the newest calls are members‑only.
Mike Colonnese of H.C. Wainwright ranks among the top 50 financials analysts in Exent’s ranking, with a focus on financials. The top of the ranking is what Exent Gems follows, so Mike’s exact rank, hit rate and live calls are for members.
| Metric | Mike Colonnese | All analysts |
|---|---|---|
| Exent rank | — | |
| Price‑target hit rate | 53.6% | |
| Calls up after 12 months | 64.6% | |
| Median 12‑month return of calls | +13.4% | |
| Median days to hit target | 91 days | |
| Stocks covered | 24 | — |
| Time to reach the target | Mike Colonnese |
|---|---|
| Under 30 days | 18.9% |
| 30–90 days | 29.6% |
| 90–180 days | 24.9% |
| Over 180 days | 26.6% |
Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.
CLSK · CIFR · TSX-HIVE · BTDR · COIN · TSX-KEEL · IREN · RIOT
In the past year Mike’s ratings were 91% Buy, 6% Hold and 3% Sell.
| Date | Stock | Action | Rating | Price target |
|---|---|---|---|---|
| Oct 13, 2026 | ||||
| Oct 12, 2026 | ||||
| Oct 2, 2026 | ||||
| Sep 29, 2026 | ||||
| Sep 25, 2026 | ||||
| Sep 11, 2026 | MARA | Initiated Coverage: Buy | Buy | $20.00 |
| Sep 8, 2026 | BTBT | Initiated Coverage: Buy | Buy | $4.00 |
| Sep 3, 2026 | WYFI | Initiated Coverage: Buy | Buy | $37.00 |
| Sep 1, 2026 | IREN | Reiterated: Buy | Buy | $90.00 |
| Aug 28, 2026 | IREN | Reiterated: Buy | Buy | $90.00 |
| Aug 21, 2026 | BTDR | Reiterated: Buy | Buy | $25.00 |
| Aug 18, 2026 | TSX-HIVE | Reiterated: Buy | Buy | $9.90 |
| Aug 18, 2026 | ALP | Initiated Coverage: Hold | Hold | $0.25 |
| Aug 17, 2026 | SLNH | Reiterated: Buy | Buy | $4.00 |
| Aug 11, 2026 | KEEL | Reiterated: Buy | Buy | $5.50 |
| Aug 11, 2026 | RIOT | Reiterated: Buy | Buy | $40.00 |
| Aug 11, 2026 | BTDR | Reiterated: Buy | Buy | $25.00 |
Mike published 6 ratings in the last 30 days, the latest on Oct 13, 2026. Ratings from the last 30 days are members‑only in Exent Gems, with the stocks where several top‑ranked analysts agree; older ratings are shown in full.
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, Mike Colonnese ranks among the top 50 financials analysts in Exent’s ranking, based on a 7-year backtest of price-target hit rate, returns after calls and number of ratings. The exact rank, hit rate and live calls are members-only in Exent Gems (exent.ai/radar). Past accuracy does not guarantee future accuracy.
Mike Colonnese’s price-target hit rate is part of the members-only record in Exent Gems (exent.ai/radar). For comparison, the average analyst’s price targets were reached 53.6% of the time.
Mike Colonnese (H.C. Wainwright) covers 24 stocks, mostly in financials. The most frequently rated are CLSK, CIFR, TSX-HIVE, BTDR, COIN.
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.