Piper Sandler upgrades, downgrades and price targets
Piper Sandler has published 2,689 rating actions on 1,236 companies in the Quantisnow ratings feed since June 2021: 527 upgrades, 682 downgrades and 638 initiations. Its most recent action on GTM was on Nov 5, 2026: Piper Sandler upgrades to Neutral from Underweight, price target $4. Going by its latest rating on each stock, Piper Sandler rates 55% of the companies it covers Buy or an equivalent and 4% Sell or an equivalent. Technology is the sector it rates most often.
- Rating actions
- 2,689
- Stocks rated
- 1,236
- Upgrades
- 527
- Downgrades
- 682
Latest Piper Sandler rating actions
- Nov 5, 2026GTM
- Nov 4, 2026SUPN
- Nov 4, 2026ISBA
- Oct 28, 2026FFIV
- Oct 27, 2026PARR
- Oct 27, 2026OXY
- Oct 27, 2026DINO
- Oct 27, 2026DK
- Oct 27, 2026COP
- Oct 26, 2026TCBK
- Oct 26, 2026EFSC
- Oct 23, 2026GL
- Oct 23, 2026DECK
- Oct 21, 2026DOCN
- Oct 20, 2026MYGN
- Oct 20, 2026ARHS
- Oct 19, 2026NMRK
- Oct 19, 2026HPP
- Oct 19, 2026BXP
- Oct 16, 2026IRTC
- Oct 15, 2026YSS
- Oct 15, 2026RDW
- Oct 13, 2026ASTS
- Oct 13, 2026VFC
- Oct 9, 2026MPB
- Oct 9, 2026JKHY
- Oct 8, 2026SPOT
- Oct 8, 2026LCNB
- Oct 8, 2026GNRC
- Oct 6, 2026GSHD
- Oct 2, 2026BUSE
- Oct 2, 2026EQBK
- Oct 2, 2026IBCP
- Oct 2, 2026HBNC
- Oct 2, 2026ALRS
- Sep 30, 2026MSFT
- Sep 28, 2026WBI
- Sep 28, 2026PCOR
- Sep 28, 2026TYL
- Sep 28, 2026ADSK
Recent upgrades
- GTM Neutral · $4Nov 5, 2026
- ISBA Overweight · $50Nov 4, 2026
- TCBK Overweight · $58.50Oct 26, 2026
- EFSC Overweight · $64Oct 26, 2026
- DOCN Overweight · $126Oct 21, 2026
- MYGN Neutral · $5Oct 20, 2026
- ARHS Overweight · $13Oct 20, 2026
- VFC Overweight · $20Oct 13, 2026
- JKHY Overweight · $175Oct 9, 2026
- IBCP Overweight · $42Oct 2, 2026
Recent downgrades
- FFIV Neutral · $461Oct 28, 2026
- GL Neutral · $165Oct 23, 2026
- DECK Underweight · $75Oct 23, 2026
- NMRK Neutral · $13Oct 19, 2026
- HPP Neutral · $13Oct 19, 2026
- BXP Neutral · $64Oct 19, 2026
- ASTS Neutral · $54Oct 13, 2026
- GSHD Neutral · $48Oct 6, 2026
- BUSE Neutral · $30Oct 2, 2026
- EQBK Neutral · $52Oct 2, 2026
Recent initiations
- IRTC Overweight · $160Oct 16, 2026
- YSS Neutral · $9Oct 15, 2026
- RDW Neutral · $11Oct 15, 2026
- MPB Overweight · $42Oct 9, 2026
- SPOT Neutral · $540Oct 8, 2026
- LCNB Neutral · $20Oct 8, 2026
- GNRC Overweight · $303Oct 8, 2026
- CG Overweight · $54Sep 24, 2026
- CCNE Overweight · $38Sep 24, 2026
- ARES Overweight · $150Sep 24, 2026
Stocks Piper Sandler rates most
| Stock | Latest rating | Price target | Actions | Last action |
|---|---|---|---|---|
| NFLX Netflix Inc. | Overweight | $103 | 13 | Jan 21, 2026 |
| MNST Monster Beverage Corporation | Overweight | $94 | 12 | Feb 27, 2026 |
| MSFT Microsoft Corporation | Overweight | $610 | 10 | Sep 30, 2026 |
| META Meta Platforms Inc. | Overweight | $875 | 10 | Sep 25, 2026 |
| AMZN Amazon.com Inc. | Overweight | $320 | 10 | Jul 31, 2026 |
| TSLA Tesla Inc. | Overweight | $450 | 10 | Jul 24, 2026 |
| WIX Wix.com Ltd. | Neutral | $98 | 10 | Mar 12, 2026 |
| U Unity Software Inc. | Overweight | $40 | 9 | Jun 2, 2026 |
| CE Celanese Corporation | Underweight | $98 | 9 | Nov 8, 2024 |
| GSHD Goosehead Insurance Inc. | Neutral | $48 | 8 | Oct 6, 2026 |
| HUBS HubSpot Inc. | Neutral | $220 | 8 | Aug 6, 2026 |
| GDDY GoDaddy Inc. | Neutral | $93 | 8 | Mar 12, 2026 |
| BL BlackLine Inc. | Neutral | $46 | 8 | Apr 23, 2025 |
| EPAM EPAM Systems Inc. | Neutral | $170 | 8 | Apr 16, 2025 |
| SNAP Snap Inc. | Neutral | $17 | 8 | Jan 17, 2024 |
| DECK Deckers Outdoor Corporation | Underweight | $75 | 7 | Oct 23, 2026 |
| NCNO nCino Inc. | Overweight | $25 | 7 | Aug 24, 2026 |
| RIVN Rivian Automotive Inc. | Overweight | $20 | 7 | Jul 27, 2026 |
| UFCS United Fire Group Inc. | Overweight | $45 | 7 | May 6, 2026 |
| FBK FB Financial Corporation | Overweight | $65 | 7 | Apr 3, 2026 |
| WASH Washington Trust Bancorp Inc. | Neutral | $32 | 7 | Mar 16, 2026 |
| PYPL PayPal Holdings Inc. | Neutral | $74 | 7 | Jun 24, 2025 |
| UPST Upstart Holdings Inc. | Overweight | $75 | 7 | Jun 24, 2025 |
| GOOGL Alphabet Inc. | Overweight | $195 | 7 | Apr 25, 2025 |
| AAPL Apple Inc. | Neutral | $225 | 7 | Jul 9, 2024 |
| ADSK Autodesk Inc. | Overweight | $300 | 6 | Sep 28, 2026 |
| AMD Advanced Micro Devices Inc. | Overweight | $600 | 6 | Sep 10, 2026 |
| MAC Macerich Company | Overweight | $30 | 6 | Aug 27, 2026 |
| PTEN Patterson-UTI Energy Inc. | Overweight | $13 | 6 | Jul 14, 2026 |
| CROX Crocs Inc. | Overweight | $150 | 6 | Jun 26, 2026 |
| ASAN Asana Inc. | Neutral | $7 | 6 | Apr 14, 2026 |
| NKE Nike Inc. | Neutral | $50 | 6 | Apr 10, 2026 |
| TSN Tyson Foods Inc. | Overweight | $75 | 6 | Apr 6, 2026 |
| FMAO Farmers & Merchants Bancorp Inc. | Neutral | $24 | 6 | Apr 3, 2026 |
| ANET Arista Networks Inc. | Overweight | $159 | 6 | Jan 5, 2026 |
| MU Micron Technology Inc. | Overweight | $200 | 6 | Sep 24, 2025 |
| WDAY Workday Inc. | Neutral | $235 | 6 | Sep 17, 2025 |
| PANW Palo Alto Networks Inc. | Overweight | $225 | 6 | Aug 12, 2025 |
| BKU BankUnited Inc. | Neutral | $43 | 6 | Jul 24, 2025 |
| ORCL Oracle Corporation | Overweight | $270 | 6 | Jul 10, 2025 |
| MEOH Methanex Corporation | Overweight | $48 | 6 | May 19, 2025 |
| APTV Aptiv PLC | Neutral | $65 | 6 | Jan 23, 2025 |
| CF CF Industries Holdings Inc. | Overweight | $105 | 6 | Jan 13, 2025 |
| MOS Mosaic Company | Neutral | $30 | 6 | Jan 13, 2025 |
| OLO Olo Inc. | Neutral | $8 | 6 | Jan 8, 2025 |
| PINS Pinterest Inc. | Neutral | $36 | 6 | Dec 10, 2024 |
| SQSP Squarespace Inc. | Overweight | $30 | 6 | Nov 21, 2022 |
| BYND Beyond Meat Inc. | Underweight | $9 | 6 | Aug 24, 2022 |
| DOCN DigitalOcean Holdings Inc. | Overweight | $126 | 5 | Oct 21, 2026 |
| HPP Hudson Pacific Properties Inc. | Neutral | $13 | 5 | Oct 19, 2026 |
Every stock with three or more Piper Sandler ratings (376)
- QTWO
- AKAM
- TRUP
- COF
- TOST
- INSP
- ESS
- ISTR
- NET
- REPL
- WING
- AMAL
- SHOP
- CRWD
- FBNC
- FRSH
- SBUX
- HSY
- CELH
- FNWB
- EXPE
- DEI
- AVB
- INTA
- GLOB
- AIZ
- NVRO
- NTR
- LYB
- PEBO
- ACN
- CRM
- LULU
- SPT
- CHGG
- DFS
- AYX
- IBEX
- PAYC
- DUOL
- ABNB
- RSKD
- DOCU
- COUP
- UDMY
- AI
- BLND
- PWSC
- FFIV
- OXY
- MYGN
- BXP
- VFC
- GNRC
- QCOM
- NVDA
- MRVL
- FSLR
- SOFI
- CLBK
- STLA
- COCO
- AJG
- INTU
- HAL
- V
- AXP
- CTBI
- TFX
- EQR
- EL
- BBWI
- CHKP
- OGN
- BIIB
- CIVB
- NBTB
- MUR
- QSR
- ARDX
- WWW
- S
- FIVN
- HP
- WSBC
- ALEX
- FMNB
- ELF
- ROKU
- SLB
- SHOO
- HCAT
- CMG
- MDLZ
- FCNCA
- CWAN
- ZS
- EW
- WLK
- CVNA
- ZI
- DOCS
- LXU
- DOW
- VMEO
- SEDG
- SYBT
- RVLV
- CHWY
- BROS
- CRK
- VNO
- LAC
- TEAM
- ITRI
- BGS
- ALHC
- CPT
- CNO
- OLPX
- TRMB
- AVDX
- LTHM
- CMAX
- ENPH
- MTTR
- SHLS
- KEY
- EMN
- COIN
- AMRC
- AKA
- BIRD
- TWOU
- LSPD
- LPI
- LMND
- ZM
- IQV
- EBAY
- ZEN
- CDAY
- PCTY
- TER
- KLAC
- NOW
- SUPN
- PARR
- DINO
- GL
- ARHS
- NMRK
- PCOR
- TYL
- AVGO
- ARRY
- SFNC
- CAPR
- IOT
- KO
- CVLT
- GOOG
- THG
- AON
- TVRD
- MA
- XYZ
- AFRM
- SNPS
- OCFC
- CASS
- CSR
- TNGX
- LENZ
- BSY
- TSCO
- KRNY
- HBCP
- VLY
- TVTX
- SAP
- CFBK
- NBHC
- PGC
- PFS
- DCOM
- GTLB
- USFD
- HTGC
- ADBE
- AMP
- KRRO
- ORI
- TFSL
- RAPT
- PBF
- CL
- TWLO
- SGHT
- CBU
- CHCO
- OSCR
- FRGE
- QLYS
- PUMP
- MCW
- UBSI
- MTB
- ULTA
- PFGC
- BILL
- FTNT
- CPB
- KMPR
- APPF
- CDNS
- AESI
- BBY
- FVCB
- CADE
- ASIX
- TTD
- BDX
- CTMX
- WFC
- ACVA
- CAVA
- PRK
- SHBI
- SPG
- AMPH
- QRVO
- AUB
- EWCZ
- AMPL
- GCMG
- FTI
- BKR
- SKX
- OKTA
- RUN
- DNMR
- BE
- NICE
- USCB
- STE
- FL
- ETSY
- SG
- SHAK
- FSLY
- CCBG
- SMBK
- MESO
- DLTR
- WMT
- TGT
- BAC
- ZBH
- MASI
- SLDB
- IBTX
- NOVA
- DASH
- C
- TEVA
- RENT
- BHLB
- SEMR
- BFC
- WEAV
- VRTS
- PLUG
- ALB
- OMCL
- PGR
- GH
- TFC
- HUMA
- NOG
- CTRA
- BRY
- NVCR
- ZG
- MCD
- PTLO
- CAL
- HAIN
- VRTX
- HTBI
- GILD
- COOK
- BRMK
- AEL
- BIGC
- RNG
- BAND
- ALLY
- ALGS
- COTY
- EVCM
- TWKS
- LNC
- BHVN
- MAPS
- REAL
- TDUP
- FTCI
- AEVA
- LDI
- PFHD
- ENDP
- MC
- SYF
- TDOC
- FB
- HLX
- SNOW
- LAW
- ISRG
- XM
- LRCX
- MILE
- ALNY
- DXCM
- MRNA
Sectors Piper Sandler rates
- Technology632
- Finance622
- Health Care481
- Consumer Discretionary418
- Industrials169
- Energy138
- Real Estate102
- Consumer Staples76
Rating actions by year
| Year | All | Up | Down | New |
|---|---|---|---|---|
| 2026 | 337 | 78 | 73 | 98 |
| 2025 | 385 | 100 | 88 | 105 |
| 2024 | 392 | 89 | 123 | 103 |
| 2023 | 413 | 109 | 141 | 93 |
| 2022 | 691 | 102 | 201 | 103 |
| 2021 | 471 | 49 | 56 | 136 |
Questions about Piper Sandler ratings
- How many stocks does Piper Sandler cover?
- Piper Sandler has rated 1,236 companies in the Quantisnow feed since June 2021, across 2,689 rating actions.
- What was Piper Sandler's latest upgrade?
- On Nov 5, 2026, Piper Sandler upgrades to Neutral from Underweight, price target $4 on GTM.
- What was Piper Sandler's latest downgrade?
- On Oct 28, 2026, Piper Sandler downgrades to Neutral from Overweight, price target $461 on FFIV.
- Does Piper Sandler upgrade or downgrade more often?
- Piper Sandler has made 527 upgrades and 682 downgrades in the feed, so 44% of its rating changes were upgrades.
Other analyst firms
- Morgan Stanley5,641
- BofA Securities4,129
- Wells Fargo3,647
- Barclays3,646
- Citigroup3,491
- Raymond James3,398
- Jefferies3,140
- Goldman Sachs3,094
- UBS2,891
- TD Cowen2,568
- RBC Capital Markets2,406
- Deutsche Bank2,228
- KeyBanc Capital Markets1,963
- Wolfe Research1,899
- BMO Capital Markets1,784
- Truist Securities1,684
- Stifel1,656
- Needham1,592
- Oppenheimer1,572
- Mizuho1,561
- Evercore ISI1,405
- Robert W. Baird1,397
- H.C. Wainwright1,229
- BTIG1,180
From rating actions in the Quantisnow feed since June 2021. Counts refresh every six hours. See also today's analyst upgrades and the live ratings feed.