Mizuho
Upgrade grade
C
Downgrade grade
B
Mizuho Financial Group was established in 2000 through the merger of the Dai-Ichi Kangyo Bank, the Fuji Bank, and the Industrial Bank of Japan, creating one of Japan's largest financial institutions with a global presence spanning major financial centers. With approximately 6,500 analyst ratings calls covering US equities in our database, Mizuho maintains significant scale and influence in equity research across North American markets. The firm is particularly well-regarded for its coverage of technology, healthcare, and industrials sectors, leveraging deep domain expertise across semiconductors, pharmaceuticals, and manufacturing companies. Notably, Mizuho has developed a distinctive reputation for sophisticated quantitative research methods and rigorous fundamental analysis, distinguishing itself through its integration of Japanese corporate governance insights with Western market dynamics, an approach that has made it especially valuable to investors navigating cross-border investment opportunities.
Upgrades
404
72.52% win rate
· avg +1.83% D1
Downgrades
391
76.73% win rate
· avg -3.03% D1
Avg Gap — Upgrades
+2.09%
open vs prev close
Avg Gap — Downgrades
-2.83%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Real Estate | 71.43% (91) | +0.78% | 77.17% (92) | -0.91% |
| Healthcare | 70.83% (72) | +3.76% | 85.71% (70) | -8.75% |
| Technology | 73.85% (65) | +2.46% | 81.16% (69) | -3.51% |
| Utilities | 85.19% (54) | +1.17% | 72.55% (51) | -1.17% |
| Energy | 64.71% (51) | +1.30% | 72.34% (47) | -1.51% |
| Consumer Cyclical | 76.47% (34) | +1.91% | 62.50% (32) | -1.83% |
| Industrials | 61.54% (13) | +0.62% | — | — |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2026 | 81.4% | 43 | 61.0% | 41 |
| 2025 | 60.4% | 48 | 81.1% | 37 |
| 2024 | 72.9% | 48 | 72.2% | 54 |
| 2023 | 70.0% | 40 | 82.9% | 41 |
| 2022 | 75.0% | 28 | 76.5% | 34 |
| 2021 | 71.4% | 28 | 75.0% | 24 |
| 2020 | 76.9% | 39 | 66.7% | 30 |
| 2019 | 78.9% | 19 | 80.0% | 25 |
| 2018 | 82.1% | 28 | 88.2% | 17 |
| 2017 | 72.4% | 29 | 75.0% | 32 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| Oct 2, 2026 | APC | ARKO Petroleum Corp. Class A Common Stock | Energy | Upgrade | Neutral → Outperform | $22 | +3.3% | +3.1% |
| Oct 1, 2026 | BJRI | BJ's Restaurants, Inc. | Consumer Cyclical | Upgrade | Neutral → Outperform | $76 | +2.2% | +3.4% |
| Sep 29, 2026 | SFIX | Stitch Fix, Inc. | Consumer Cyclical | Upgrade | Underperform → Neutral | $2 | +0.4% | +2.4% |
| Sep 25, 2026 | TSEM | Tower Semiconductor Ltd. | Technology | Initiates | Outperform | $300 | +2.8% | +6.1% |
| Sep 21, 2026 | ELS | Equity LifeStyle Properties, Inc. | Real Estate | Downgrade | Outperform → Neutral | $65 | -0.4% | +0.1% |
| Sep 21, 2026 | INVH | Invitation Homes Inc. | Real Estate | Upgrade | Neutral → Outperform | $32 | +0.9% | +0.6% |
| Sep 21, 2026 | AMH | American Homes 4 Rent | Real Estate | Upgrade | Neutral → Outperform | $36 | +0.6% | +0.7% |
| Sep 18, 2026 | BGSI | Boyd Group Services Inc. | Consumer Cyclical | Initiates | Outperform | $120 | +1.7% | +0.6% |
| Sep 16, 2026 | HIG | The Hartford Financial Services Group, Inc. | Financial Services | Downgrade | Outperform → Neutral | $154 | -0.4% | -0.8% |
| Sep 11, 2026 | CPK | Chesapeake Utilities Corporation | Utilities | Initiates | Outperform | $150 | +1.4% | +0.2% |
| Sep 8, 2026 | ESS | Essex Property Trust, Inc. | Real Estate | Downgrade | Outperform → Neutral | $295 | -0.7% | -0.4% |
| Sep 8, 2026 | VMRK | — | — | Upgrade | Neutral → Outperform | $73 | +0.6% | +1.3% |
| Sep 2, 2026 | DELL | Dell Technologies Inc. | Technology | Reiterates | Outperform | $600 | +8.7% | +15.8% |
| Sep 2, 2026 | REI | Ring Energy, Inc. | Energy | Initiates | Neutral | $2 | -0.7% | +0.0% |
| Aug 31, 2026 | SRE | Sempra | Utilities | Downgrade | Outperform → Neutral | $84 | -5.1% | -3.1% |
| Aug 31, 2026 | PCG | PG&E Corporation | Utilities | Downgrade | Outperform → Neutral | $16 | -20.1% | -20.1% |
| Aug 31, 2026 | EIX | Edison International | Utilities | Downgrade | Outperform → Neutral | $70 | -20.6% | -23.1% |
| Aug 27, 2026 | CHH | Choice Hotels International, Inc. | Consumer Cyclical | Initiates | Neutral | $106 | -1.0% | -1.2% |
| Aug 24, 2026 | VST | Vistra Corp. | Utilities | Initiates | Outperform | $169 | -0.2% | -0.4% |
| Aug 24, 2026 | TLN | Talen Energy Corporation | Utilities | Initiates | Outperform | $405 | +0.2% | -2.8% |
| Aug 24, 2026 | JMKE | — | — | Initiates | Outperform | $31 | +1.4% | -1.4% |
| Aug 18, 2026 | NCLH | Norwegian Cruise Line Holdings Ltd. | Consumer Cyclical | Downgrade | Outperform → Neutral | $17 | -2.2% | -3.1% |
| Aug 13, 2026 | JACK | Jack in the Box Inc. | Consumer Cyclical | Reiterates | Neutral | $16 | +17.1% | -0.1% |
| Aug 12, 2026 | IEX | IDEX Corporation | Industrials | Upgrade | Neutral → Outperform | $280 | +1.1% | +1.4% |
| Aug 7, 2026 | FUN | Six Flags Entertainment Corporation | Consumer Cyclical | Downgrade | Outperform → Underperform | $10 | -1.5% | +3.9% |