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
428
78.97% win rate
· avg +3.19% D1
Downgrades
495
75.56% win rate
· avg -5.71% D1
Avg Gap — Upgrades
+2.67%
open vs prev close
Avg Gap — Downgrades
-5.53%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Technology | 78.64% (103) | +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 | 77.8% | 27 | 80.0% | 30 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Aug 19, 2026 | HCSG | Healthcare Services Group, Inc. | Healthcare | Initiates | Outperform | $28 | +3.1% | +4.5% |
| Aug 13, 2026 | CSV | Carriage Services, Inc. | Consumer Cyclical | Initiates | Outperform | $48 | +3.9% | +3.7% |
| Aug 12, 2026 | LEGN | Legend Biotech Corporation | Healthcare | Downgrade | Outperform → Perform | — | -2.1% | -5.4% |
| Aug 12, 2026 | ISRG | Intuitive Surgical, Inc. | Healthcare | Upgrade | Perform → Outperform | $500 | +0.6% | +0.0% |
| Aug 6, 2026 | HUBS | HubSpot, Inc. | Technology | Downgrade | Outperform → Perform | — | -22.8% | -19.1% |
| Aug 5, 2026 | PODD | Insulet Corporation | Healthcare | Downgrade | Outperform → Perform | — | -23.3% | -20.1% |
| Aug 5, 2026 | AMGN | Amgen Inc. | Healthcare | Reiterates | Outperform | $450 | +0.9% | +4.6% |
| Aug 5, 2026 | ENTG | Entegris, Inc. | Technology | Upgrade | Perform → Outperform | $180 | +1.1% | +0.7% |
| Aug 4, 2026 | WMT | Walmart Inc. | Consumer Defensive | Downgrade | Outperform → Perform | — | -1.5% | +0.8% |
| Aug 4, 2026 | INSP | Inspire Medical Systems, Inc. | Healthcare | Upgrade | Perform → Outperform | $85 | +22.9% | +22.8% |
| Jul 30, 2026 | CAPR | Capricor Therapeutics, Inc. | Healthcare | Downgrade | Outperform → Perform | — | -53.3% | -36.2% |
| Jul 30, 2026 | FVRR | Fiverr International Ltd. | Communication Services | Downgrade | Outperform → Perform | — | -1.2% | -0.3% |
| Jul 29, 2026 | QNCX | Quince Therapeutics, Inc. | Healthcare | Initiates | Outperform | $82 | +0.7% | +13.6% |
| Jul 28, 2026 | FTH | — | — | Initiates | Outperform | $60 | +3.0% | -0.4% |
| Jul 27, 2026 | CAKE | The Cheesecake Factory Incorporated | Consumer Cyclical | Reiterates | Outperform | $91 | +1.6% | +2.7% |
| Jul 23, 2026 | GOOG | Alphabet Inc. | Communication Services | Reiterates | Outperform | $400 | -5.9% | -6.9% |
| Jul 23, 2026 | PALI | Palisade Bio, Inc. | Healthcare | Initiates | Outperform | $8 | +6.8% | +6.3% |
| Jul 23, 2026 | BXSL | Blackstone Secured Lending Fund | Financial Services | Initiates | Perform | — | -0.0% | -0.5% |
| Jul 21, 2026 | DPZ | Domino's Pizza, Inc. | Consumer Cyclical | Reiterates | Outperform | $415 | -0.5% | -0.8% |
| Jul 21, 2026 | KMTS | Kestra Medical Technologies, Ltd. | Healthcare | Initiates | Perform | — | -3.1% | -4.3% |
| Jul 17, 2026 | ECL | Ecolab Inc. | Basic Materials | Upgrade | Perform → Outperform | $320 | +0.7% | -1.0% |
| Jul 16, 2026 | AIP | Arteris, Inc. | Technology | Initiates | Outperform | $40 | -3.2% | -5.0% |
| Jul 15, 2026 | MFP | — | — | Initiates | Outperform | $50 | -0.2% | -0.1% |
| Jul 15, 2026 | IBM | International Business Machines Corporation | Technology | Downgrade | Outperform → Perform | — | +1.8% | -2.7% |
| Jul 13, 2026 | NFLX | Netflix, Inc. | Communication Services | Reiterates | Outperform | $100 | +0.7% | +0.6% |