MKM Partners
Upgrade grade
C
Downgrade grade
D
MKM Partners is an independent investment bank and equity research boutique founded in 2009 by a team of industry veterans seeking to build a research-focused firm free from the conflicts of interest that plagued larger institutions. The firm has established itself as a meaningful voice in U.S. equity analysis, with approximately 773 analyst rating calls covering a diverse range of American companies in our database. MKM is particularly known for deep expertise across consumer discretionary, retail, technology, and healthcare sectors, where their analysts have built strong track records of identifying inflection points and providing contrarian insights that challenge consensus views. What distinguishes MKM's research culture is their commitment to independent thinking and smaller, collaborative team structure that allows analysts to maintain direct relationships with management and pursue unconventional investment theses without the bureaucratic constraints of larger firms, earning them respect among sophisticated institutional investors seeking differentiated research perspectives.
Upgrades
115
72.17% win rate
· avg +2.91% D1
Downgrades
105
66.67% win rate
· avg -3.21% D1
Avg Gap — Upgrades
+2.84%
open vs prev close
Avg Gap — Downgrades
-2.99%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Consumer Cyclical | 91.89% (37) | +2.15% | 62.86% (35) | -3.27% |
| Energy | 50.00% (22) | +1.10% | 53.33% (15) | -2.07% |
| Technology | 85.71% (14) | +8.72% | 78.57% (14) | -4.91% |
| Communication Services | 75.00% (12) | +6.62% | 78.57% (14) | -5.76% |
| Industrials | 70.00% (10) | +1.44% | — | — |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2021 | 61.5% | 13 | 70.0% | 10 |
| 2020 | 72.4% | 29 | 57.9% | 19 |
| 2017 | 70.0% | 10 | — | — |
| 2016 | 92.9% | 14 | 69.2% | 13 |
| 2015 | 90.9% | 11 | 68.8% | 16 |
| 2014 | — | — | 75.0% | 12 |
| 2012 | 80.0% | 10 | — | — |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| Aug 11, 2023 | BRCC | BRC Inc. | Consumer Defensive | Maintains | Buy → Buy | — | +1.8% | +12.6% |
| Aug 10, 2023 | ALRM | Alarm.com Holdings, Inc. | Technology | Maintains | Buy → Buy | — | +13.8% | +24.1% |
| Aug 10, 2023 | MNST | Monster Beverage Corporation | Consumer Defensive | Maintains | Neutral → Neutral | — | +0.9% | +1.0% |
| Jun 27, 2023 | GOOG | Alphabet Inc. | Communication Services | Maintains | Buy → Buy | — | -1.0% | -0.1% |
| Jan 31, 2023 | FTNT | Fortinet, Inc. | Technology | Maintains | Buy → Buy | — | +0.1% | +2.5% |
| Jan 27, 2023 | WGO | Winnebago Industries, Inc. | Consumer Cyclical | Maintains | Neutral → Neutral | — | +0.9% | +2.6% |
| Jan 25, 2023 | TRV | The Travelers Companies, Inc. | Financial Services | Maintains | Buy → Buy | — | +0.4% | -1.3% |
| Jan 25, 2023 | GOOG | Alphabet Inc. | Communication Services | Maintains | Buy → Buy | — | -2.0% | -2.5% |
| Jan 25, 2023 | GOOGL | Alphabet Inc. | Communication Services | Maintains | Buy → Buy | — | -2.2% | -2.5% |
| Jan 23, 2023 | ZM | Zoom Communications, Inc. | Technology | Downgrade | Buy → Neutral | — | -0.7% | +2.1% |
| Jan 20, 2023 | PINS | Pinterest, Inc. | Communication Services | Downgrade | Buy → Neutral | — | -1.6% | -0.6% |
| Jan 20, 2023 | META | Meta Platforms, Inc. | Communication Services | Maintains | Buy → Buy | — | -0.2% | +2.4% |
| Jan 19, 2023 | TSCO | Tractor Supply Company | Consumer Cyclical | Maintains | Buy → Buy | — | +0.1% | -3.7% |
| Jan 13, 2023 | HAS | Hasbro, Inc. | Consumer Cyclical | Maintains | Buy → Buy | — | -1.2% | +0.2% |
| Dec 5, 2022 | WTW | Willis Towers Watson Public Limited Company | Financial Services | Maintains | Buy → Buy | — | -0.3% | -0.4% |
| Dec 5, 2022 | CINF | Cincinnati Financial Corporation | Financial Services | Maintains | Buy → Buy | — | -0.5% | -2.3% |
| Dec 5, 2022 | AON | Aon plc | Financial Services | Maintains | Buy → Buy | — | -0.5% | +0.6% |
| Dec 5, 2022 | CB | Chubb Limited | Financial Services | Maintains | Buy → Buy | — | -0.7% | -1.7% |
| Nov 30, 2022 | CRWD | CrowdStrike Holdings, Inc. | Technology | Maintains | Buy → Buy | — | -18.6% | -14.7% |
| Nov 16, 2022 | WMT | Walmart Inc. | Consumer Defensive | Maintains | Buy → Buy | — | +0.3% | +0.7% |
| Nov 11, 2022 | SFM | Sprouts Farmers Market, Inc. | Consumer Defensive | Downgrade | Buy → Neutral | — | -2.5% | -1.3% |
| Nov 8, 2022 | TTWO | Take-Two Interactive Software, Inc. | Communication Services | Maintains | Buy → Buy | — | -15.2% | -13.7% |
| Nov 1, 2022 | TRV | The Travelers Companies, Inc. | Financial Services | Maintains | Buy → Buy | — | +0.2% | -0.9% |
| Oct 27, 2022 | TTWO | Take-Two Interactive Software, Inc. | Communication Services | Maintains | Buy → Buy | — | +0.0% | -0.7% |
| Oct 27, 2022 | META | Meta Platforms, Inc. | Communication Services | Maintains | Buy → Buy | — | -24.5% | -24.6% |