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The Street's report card: December 2025

50% of the Street's calls graded in December 2025 were right (172 of 347). Morgan Stanley led at 65% on 17 calls.

Calls dated Nov 1, 2025 to Dec 1, 2025, each graded 30 days later. Frozen Sep 11, 2026; this page will not change.

Graded calls right
49.6%
172 of 347
Bullish calls right
48.9%
319 calls
Bearish calls right
57.1%
28 calls
Month before
49.1%
580 calls
Holds, read: 12 downgrades and upgrades into Hold were graded as the change (41.7% right), and 29 Holds whose price target leaned 10%+ one way were graded that way (44.8% right). 57 true Holds, with a target near the price, weren't graded.
Bullish calls made after the stock had already run 10%+ in the prior 30 days were right 29.3% of the time (58 calls). The rest were right 53.3% (261 calls).

Firm leaderboard

#FirmHit rateRightCallsNames
1 Morgan Stanley 64.7%111713
2 Citigroup 66.7%81211
3 Barclays 63.6%71111
4 JPMorgan 61.5%81312
5 UBS 60.0%91514
6 DA Davidson 55.6%598
7 RBC Capital 55.6%599
8 Wells Fargo 52.2%122321
9 Needham 50.0%61211
10 Stifel 50.0%51010

20 firms had 8+ calls graded this month. Order uses each firm's hit rate pulled toward the month's 49.6% average by 10 phantom calls, so a short streak doesn't top the board.

Bottom of the board

FirmHit rateRightCalls
Rosenblatt 22.2%29
Wedbush 25.0%28
Bank of America 30.0%310
Piper Sandler 35.7%514
BTIG 44.4%49

Best calls

StockFirmCallDateRun before30 days later
MRNA Piper Sandler Overweight 2025-11-21 -11.7% +47.1%
SYM Baird Leans bearish · Neutral, target -33% 2025-11-26 +23.5% -33.6%
SYM Barclays Underweight 2025-11-26 +23.5% -33.6%
RGTI B. Riley Securities Bearish · cut to Neutral 2025-11-03 -2.4% -33.4%
SYM DA Davidson Leans bearish · Neutral, target -39% 2025-11-25 +18.7% -25.0%
MRK Morgan Stanley Leans bullish · Equal-Weight, target +21% 2025-11-03 -7.5% +24.0%

Worst misses

StockFirmCallDateRun before30 days later
MRNA Leerink Partners Underperform 2025-11-21 -11.7% +47.1%
SMR RBC Capital Leans bullish · Sector Perform, target +12% 2025-11-10 -27.6% -28.5%
SYM Citigroup Buy 2025-11-25 +18.7% -25.0%
SYM Northland Capital Markets Outperform 2025-11-25 +18.7% -25.0%
SYM Craig-Hallum Buy from Hold 2025-11-25 +18.7% -25.0%
SYM Cantor Fitzgerald Overweight 2025-11-25 +18.7% -25.0%

By sector

SectorHit rateCalls
Pharma 83.3%18
Sportsbooks & iGaming 80.5%41
Robotics & Physical AI 62.5%16
Large caps & most-searched 45.5%101
Semiconductors 40.4%57
Oil & Gas Majors 33.3%15

Most-called stocks

StockCalls gradedFirmsRight
NVDA322568.8%
AMD20140.0%
DKNG181694.4%
HD181477.8%
WMT1815100.0%

When a dozen firms reiterate the same stock in the same week, one move grades all of them. These rows are one bet repeated, not a dozen independent calls.

Other months

September 2026 · 53%August 2026 · 64%July 2026 · 48%June 2026 · 54%May 2026 · 49%April 2026 · 49%March 2026 · 38%February 2026 · 50%January 2026 · 53%November 2025 · 49% Full 12-month scorecard →
How this report card is graded

A call lands in the month its 30-day mark falls in. A bullish call is right if the stock is higher 30 days later, a bearish one if it is lower. Buy- and Sell-side ratings call their own direction. Holds are read: a downgrade to Hold is a bearish call, an upgrade to Hold a bullish one, and a maintained Hold whose price target sits 10%+ above (below) the price leans bullish (bearish). A true Hold, with a target near the price, is counted (57 this month) but not graded. Same rules as the 12-month scorecard. "Run before" is the stock's move over the 30 calendar days before the call. Once a month closes, its report card is frozen and never edited. Data: Yahoo Finance rating history and daily closes. Nothing on this page is advice.

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