Oppenheimer
Upgrade grade
A
Downgrade grade
B
Oppenheimer & Co. was founded in 1881 as a private banking partnership and has evolved into a full-service investment bank headquartered in New York with significant research and trading operations. The firm employs thousands of professionals across its various divisions and maintains a substantial presence in equity research, with approximately 6,160 analyst ratings calls on US equities demonstrating the breadth of their coverage universe. Oppenheimer is particularly well-known for its deep expertise in technology, healthcare, financial services, and industrials, where their analysts have built strong track records of identifying inflection points and emerging growth opportunities. The firm has cultivated a distinctive culture of independent research, with a reputation for allowing their analysts to maintain contrarian positions when warranted by fundamentals, rather than herding toward consensus views that characterize much of the sell-side research industry.
Upgrades
427
78.92% win rate
· avg +3.19% D1
Downgrades
495
75.56% win rate
· avg -5.71% D1
Avg Gap — Upgrades
+2.68%
open vs prev close
Avg Gap — Downgrades
-5.53%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Technology | 78.43% (102) | +4.12% | 75.89% (112) | -6.15% |
| Healthcare | 84.81% (79) | +4.46% | 76.54% (81) | -11.74% |
| Consumer Cyclical | 81.25% (64) | +2.29% | 71.43% (84) | -3.03% |
| Industrials | 76.92% (52) | +2.40% | 86.15% (65) | -4.10% |
| Financial Services | 78.43% (51) | +2.16% | 63.16% (57) | -1.45% |
| Communication Services | 77.42% (31) | +2.78% | 83.87% (31) | -8.83% |
| Consumer Defensive | 56.25% (16) | +0.83% | 90.91% (22) | -5.70% |
| Energy | 63.64% (11) | +3.66% | 61.90% (21) | -4.36% |
| Real Estate | 90.91% (11) | +2.85% | 80.00% (15) | -1.76% |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2026 | 80.0% | 20 | 81.3% | 16 |
| 2025 | 84.4% | 32 | 64.0% | 25 |
| 2024 | 81.3% | 32 | 88.6% | 35 |
| 2023 | 72.7% | 22 | 78.9% | 57 |
| 2022 | 78.4% | 37 | 72.1% | 43 |
| 2021 | 73.7% | 38 | 83.8% | 37 |
| 2020 | 78.8% | 52 | 63.2% | 38 |
| 2019 | 82.6% | 23 | 74.4% | 43 |
| 2018 | 68.0% | 25 | 79.2% | 24 |
| 2017 | 81.0% | 21 | 66.7% | 21 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| May 20, 2026 | RBRK | Rubrik, Inc. | Technology | Upgrade | Perform → Outperform | $85 | — | — |
| May 15, 2026 | CCAP | Crescent Capital BDC, Inc. | Financial Services | Downgrade | Outperform → Perform | — | -1.6% | -7.2% |
| May 14, 2026 | PBH | Prestige Consumer Healthcare Inc. | Healthcare | Downgrade | Outperform → Perform | — | -7.2% | -11.3% |
| May 13, 2026 | ITGR | Integer Holdings Corporation | Healthcare | Upgrade | Perform → Outperform | $115 | +2.1% | +5.2% |
| May 12, 2026 | ORCL | Oracle Corporation | Technology | Reiterates | Outperform | $235 | -0.5% | -3.6% |
| May 8, 2026 | TTD | The Trade Desk, Inc. | Technology | Downgrade | Outperform → Perform | — | -10.7% | -1.7% |
| May 8, 2026 | ENGN | enGene Holdings Inc. | Healthcare | Downgrade | Outperform → Perform | — | -0.6% | -12.8% |
| May 6, 2026 | TMDX | TransMedics Group, Inc. | Healthcare | Downgrade | Outperform → Perform | — | -21.1% | -23.2% |
| May 4, 2026 | ABNB | Airbnb, Inc. | Consumer Cyclical | Upgrade | Perform → Outperform | $180 | +0.7% | -2.0% |
| May 1, 2026 | BROS | Dutch Bros Inc. | Consumer Cyclical | Initiates | Outperform | $72 | +0.7% | -1.0% |
| Apr 30, 2026 | AMZN | Amazon.com, Inc. | Consumer Cyclical | Reiterates | Outperform | $320 | +3.9% | +0.8% |
| Apr 30, 2026 | PLTR | Palantir Technologies Inc. | Technology | Initiates | Outperform | $200 | +0.4% | +0.8% |
| Apr 29, 2026 | WT | WisdomTree, Inc. | Financial Services | Maintains | Outperform → Outperform | — | +0.7% | -3.2% |
| Apr 29, 2026 | UCTT | Ultra Clean Holdings, Inc. | Technology | Maintains | Outperform → Outperform | — | +3.1% | -8.0% |
| Apr 29, 2026 | ENPH | Enphase Energy, Inc. | Energy | Maintains | Outperform → Outperform | — | -0.8% | -9.1% |
| Apr 29, 2026 | ST | Sensata Technologies Holding plc | Technology | Maintains | Outperform → Outperform | — | +1.6% | -4.7% |
| Apr 29, 2026 | RSI | Rush Street Interactive, Inc. | Consumer Cyclical | Maintains | Outperform → Outperform | — | +19.3% | +16.6% |
| Apr 29, 2026 | AIT | Applied Industrial Technologies, Inc. | Industrials | Maintains | Outperform → Outperform | — | +0.4% | -1.6% |
| Apr 29, 2026 | PNR | Pentair plc | Industrials | Maintains | Outperform → Outperform | — | +0.0% | -2.4% |
| Apr 29, 2026 | INCY | Incyte Corporation | Healthcare | Maintains | Perform → Perform | — | +1.5% | +1.4% |
| Apr 29, 2026 | CNC | Centene Corporation | Healthcare | Maintains | Outperform → Outperform | — | +2.0% | +8.9% |
| Apr 29, 2026 | XYL | Xylem Inc. | Industrials | Maintains | Outperform → Outperform | — | -0.1% | -2.1% |
| Apr 29, 2026 | CRWV | CoreWeave, Inc. Class A Common Stock | Technology | Maintains | Outperform → Outperform | — | +2.5% | +8.2% |
| Apr 29, 2026 | NXPI | NXP Semiconductors N.V. | Technology | Maintains | Outperform → Outperform | — | +22.1% | +25.5% |
| Apr 29, 2026 | BKNG | Booking Holdings Inc. | Consumer Cyclical | Maintains | Outperform → Outperform | — | -5.1% | +0.3% |