U.S. stocks wrapped up last week on a somewhat downbeat note, with the Dow Jones dropping more than 300 points on Friday. For the week overall, the Nasdaq slipped 0.5%, while the S&P 500 and Dow managed modest gains of 0.1% and 0.3%, respectively.
In a market environment like this, investors naturally look to Wall Street analysts for guidance. But here's the problem: not all analysts are created equal. Some have stellar track records, while others... not so much. And when you see wildly different price targets and ratings on the same stock, it's tough to know whose opinion actually matters.
That's where analyst accuracy ratings come in handy. By tracking which analysts consistently get their calls right, investors can focus on the voices that actually move the needle. Here's a rundown of the latest stock picks from Wall Street's five most accurate analysts, based on their historical performance.
The Top Five Analyst Picks
Asiya Merchant, Citigroup (89% Accuracy)
Merchant maintained a Neutral rating on HP Inc. (HPQ) on November 12, while cutting the price target from $29 to $27. That implies roughly 13% upside from current levels. The personal computing and printing giant is scheduled to report fourth quarter fiscal 2025 earnings on November 25, which should give investors a clearer picture of where the business is headed.
Trevor Walsh, Citizens (88% Accuracy)
Walsh kept his Market Outperform rating on SoundThinking, Inc. (SSTI) on November 13, though he slashed the price target from $19 to $16. Despite the reduced target, he still sees around 125% upside potential. The optimism might seem surprising given that SoundThinking reported disappointing third-quarter results on November 12 and lowered its full-year sales guidance below analyst expectations. But apparently Walsh sees something worth sticking with.
John Todaro, Needham (87% Accuracy)
Todaro maintained his Buy rating on Circle Internet Group (CRCL) on November 13, while trimming the price target from $250 to $190. He's still projecting a remarkable 129% surge in the stock. Unlike SoundThinking, Circle Internet Group actually delivered better-than-expected quarterly earnings on November 12, which might explain the analyst's continued bullishness despite the price target reduction.
Matt Bryson, Wedbush (87% Accuracy)
Bryson reiterated his Outperform rating on Advanced Micro Devices, Inc. (AMD) with a $290 price target on November 12, implying about 17% upside. The call came right after AMD hosted its first financial analyst day in three years on November 11, where the company showcased its broad portfolio of hardware, software, and solutions designed to power high-performance and AI computing applications.
Aaron Rakers, Wells Fargo (86% Accuracy)
Rakers maintained an Overweight rating on NVIDIA Corporation (NVDA) and actually raised his price target from $220 to $265 on November 14. He's expecting a solid 40% gain from here. The bullish stance comes on the heels of Nvidia's late October announcement that it secured a deal to supply more than 260,000 cutting-edge AI chips to the South Korean government and major corporations in the country. That's the kind of contract that gets analysts excited.
What's particularly interesting about this week's picks is the mix of AI powerhouses and more challenged names. While the NVIDIA and AMD calls make intuitive sense given the ongoing AI infrastructure buildout, the continued support for stocks like SoundThinking and Circle Internet Group—despite recent stumbles—suggests these accurate analysts see value where the market might be missing it.
Of course, even the most accurate analysts get it wrong sometimes. But when someone maintains an 89% accuracy rating over time, their calls deserve serious consideration.