Wedbush
Upgrade grade
B
Downgrade grade
A
Wedbush Securities was founded in 1955 by Herb Wertheim and has grown into a significant Los Angeles-based investment bank and brokerage firm with a substantial research operation. The firm operates as a full-service investment bank covering equities, fixed income, and trading, maintaining a notable presence on Wall Street with offices across major financial centers. Wedbush's research team has generated approximately 5,481 analyst ratings calls in our database, positioning them as an active voice in US equity coverage with particular strength in technology, consumer discretionary, and telecommunications sectors. The firm has developed a reputation for aggressive and contrarian calls, with their analysts known for taking bold stances on high-growth technology companies and disruption themes, sometimes moving ahead of consensus when they identify emerging secular trends in areas like e-commerce and digital transformation.
Upgrades
345
76.23% win rate
· avg +3.94% D1
Downgrades
382
80.37% win rate
· avg -4.97% D1
Avg Gap — Upgrades
+3.74%
open vs prev close
Avg Gap — Downgrades
-4.74%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Consumer Cyclical | 77.46% (142) | +2.33% | 86.11% (144) | -3.37% |
| Technology | 79.25% (53) | +3.59% | 86.27% (51) | -8.41% |
| Healthcare | 74.36% (39) | +13.57% | 74.60% (63) | -14.97% |
| Financial Services | 85.00% (40) | +4.32% | 78.05% (41) | -1.75% |
| Communication Services | 66.67% (30) | +1.76% | 61.54% (26) | -1.17% |
| Industrials | 72.22% (18) | +1.34% | 83.33% (30) | -2.29% |
| Real Estate | 56.25% (16) | +1.31% | 70.59% (17) | +9.76% |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2026 | 60.0% | 10 | 81.8% | 22 |
| 2025 | 64.7% | 17 | 71.4% | 21 |
| 2024 | 78.0% | 41 | 83.3% | 24 |
| 2023 | 71.4% | 35 | 88.6% | 35 |
| 2022 | 73.7% | 19 | 80.0% | 45 |
| 2021 | 80.0% | 30 | 77.1% | 35 |
| 2020 | 54.5% | 44 | 82.8% | 29 |
| 2019 | 88.0% | 25 | 75.0% | 32 |
| 2018 | 87.1% | 31 | 95.7% | 23 |
| 2017 | 84.0% | 25 | 84.0% | 25 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| Oct 2, 2026 | FHTX | Foghorn Therapeutics Inc. | Healthcare | Downgrade | Outperform → Neutral | $2 | -4.1% | -30.8% |
| Sep 24, 2026 | EPRX | Eupraxia Pharmaceuticals Inc. | Healthcare | Initiates | Outperform | $17 | +2.6% | +0.2% |
| Sep 23, 2026 | CMPX | Compass Therapeutics, Inc. | Healthcare | Downgrade | Outperform → Neutral | $1 | -1.6% | -5.6% |
| Sep 11, 2026 | ZS | Zscaler, Inc. | Technology | Reiterates | Outperform | $215 | +0.3% | +0.6% |
| Sep 11, 2026 | S | SentinelOne, Inc. | Technology | Reiterates | Outperform | $25 | +0.0% | -0.3% |
| Sep 11, 2026 | ESTC | Elastic N.V. | Technology | Reiterates | Outperform | $125 | +0.0% | -0.1% |
| Sep 11, 2026 | CRWD | CrowdStrike Holdings, Inc. | Technology | Reiterates | Outperform | $250 | -0.4% | -1.0% |
| Sep 11, 2026 | RBRK | Rubrik, Inc. | Technology | Reiterates | Outperform | $120 | +1.1% | -2.5% |
| Sep 11, 2026 | PANW | Palo Alto Networks, Inc. | Technology | Reiterates | Outperform | $400 | +0.0% | -2.3% |
| Sep 11, 2026 | DDOG | Datadog, Inc. | Technology | Reiterates | Outperform | $275 | +0.0% | -0.2% |
| Sep 11, 2026 | VRNS | Varonis Systems, Inc. | Technology | Downgrade | Outperform → Neutral | $46 | -0.7% | -0.8% |
| Sep 11, 2026 | TENB | Tenable Holdings, Inc. | Technology | Downgrade | Outperform → Underperform | $29 | -0.5% | -6.0% |
| Sep 11, 2026 | TLS | Telos Corporation | Technology | Downgrade | Outperform → Neutral | $5 | -3.0% | -15.6% |
| Sep 11, 2026 | QLYS | Qualys, Inc. | Technology | Downgrade | Outperform → Neutral | $175 | -0.8% | -7.0% |
| Sep 11, 2026 | FTNT | Fortinet, Inc. | Technology | Downgrade | Outperform → Neutral | $155 | -0.3% | -1.8% |
| Sep 11, 2026 | DT | Dynatrace, Inc. | Technology | Downgrade | Outperform → Neutral | $54 | -0.4% | -0.7% |
| Sep 11, 2026 | CHKP | Check Point Software Technologies Ltd. | Technology | Downgrade | Outperform → Neutral | $135 | -1.0% | +0.9% |
| Aug 19, 2026 | AKTS | Aktis Oncology, Inc. | Healthcare | Initiates | Outperform | $35 | +5.1% | +0.1% |
| Aug 17, 2026 | IMUX | Immunic, Inc. | Healthcare | Initiates | Outperform | $45 | -1.4% | -0.2% |
| Aug 14, 2026 | GLOB | Globant S.A. | Technology | Downgrade | Outperform → Neutral | $37 | -6.8% | -8.8% |
| Aug 10, 2026 | SION | Sionna Therapeutics, Inc. | Healthcare | Downgrade | Outperform → Neutral | $5 | -90.5% | -91.2% |
| Aug 7, 2026 | REPL | Replimune Group, Inc. | Healthcare | Upgrade | Neutral → Outperform | $12 | +1.1% | -6.2% |
| Aug 7, 2026 | ABNB | Airbnb, Inc. | Consumer Cyclical | Upgrade | Neutral → Outperform | $200 | +8.6% | +17.4% |
| Aug 3, 2026 | RGTI | Rigetti Computing, Inc. | Technology | Reiterates | Outperform | $40 | -0.1% | +7.2% |
| Aug 3, 2026 | QUBT | Quantum Computing, Inc. | Technology | Reiterates | Neutral | $12 | +0.1% | +7.9% |