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 | 78.4% | 37 | 57.1% | 35 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Aug 5, 2026 | PINS | Pinterest, Inc. | Communication Services | Reiterates | Outperform | $32 | -6.3% | -8.7% |
| Jul 31, 2026 | AMZN | Amazon.com, Inc. | Consumer Cyclical | Reiterates | Outperform | $330 | +12.5% | +15.3% |
| Jul 30, 2026 | BE | Bloom Energy Corporation | Industrials | Upgrade | Neutral → Outperform | $242 | +13.7% | +26.5% |
| Jul 29, 2026 | LINE | Lineage, Inc. | Real Estate | Upgrade | Neutral → Outperform | $47 | +1.8% | +4.1% |
| Jul 27, 2026 | BSP | — | — | Initiates | Outperform | $45 | +2.7% | -2.3% |
| Jul 24, 2026 | INTC | Intel Corporation | Technology | Reiterates | Neutral | $109 | +0.1% | -7.9% |
| Jul 24, 2026 | WING | Wingstop Inc. | Consumer Cyclical | Reiterates | Outperform | $240 | +0.0% | +0.3% |
| Jul 24, 2026 | SUNC | SunocoCorp LLC | Energy | Initiates | Outperform | $83 | +0.5% | +0.7% |
| Jul 24, 2026 | CAKE | The Cheesecake Factory Incorporated | Consumer Cyclical | Downgrade | Outperform → Neutral | $85 | -1.3% | +0.3% |
| Jul 23, 2026 | TSLA | Tesla, Inc. | Consumer Cyclical | Reiterates | Outperform | $450 | -8.8% | -14.5% |
| Jul 23, 2026 | LVS | Las Vegas Sands Corp. | Consumer Cyclical | Reiterates | Outperform | $61 | -1.9% | +1.7% |
| Jul 23, 2026 | NPCE | NeuroPace, Inc. | Healthcare | Initiates | Outperform | $22 | +0.1% | +0.7% |
| Jul 20, 2026 | TTE | TotalEnergies SE | Energy | Initiates | Outperform | $103 | -1.4% | -0.7% |
| Jul 20, 2026 | SHEL | Shell plc | Energy | Initiates | Neutral | $98 | -1.4% | -1.3% |
| Jul 20, 2026 | BP | BP p.l.c. | Energy | Initiates | Outperform | $51 | -0.6% | +0.2% |
| Jul 17, 2026 | ZNTL | Zentalis Pharmaceuticals, Inc. | Healthcare | Initiates | Outperform | $8 | +2.4% | +11.8% |
| Jul 17, 2026 | FOCL | — | — | Initiates | Outperform | $15 | +1.3% | +0.0% |
| Jul 15, 2026 | ESI | Element Solutions Inc | Basic Materials | Downgrade | Outperform → Neutral | $45 | -1.4% | -3.9% |
| Jul 14, 2026 | CRCL | Circle Internet Group | Financial Services | Downgrade | Neutral → Underperform | $50 | -2.1% | +0.3% |
| Jul 9, 2026 | TSCO | Tractor Supply Company | Consumer Cyclical | Downgrade | Outperform → Neutral | $32 | -2.1% | +1.8% |
| Jul 9, 2026 | FIVE | Five Below, Inc. | Consumer Cyclical | Upgrade | Neutral → Outperform | $220 | +1.9% | +1.9% |