Cantor Fitzgerald
Upgrade grade
D
Downgrade grade
A+
Cantor Fitzgerald is a global financial services firm founded in 1945 that has grown into a major investment bank and institutional brokerage with a particularly strong presence in fixed income and equity research. The firm is known for its institutional-grade research capabilities and maintains a substantial analyst team producing approximately 3,821 ratings calls on US equities that span a diverse range of sectors. Cantor Fitzgerald has developed particular expertise in covering telecommunications, technology, healthcare, and financial services companies, earning recognition for deep-dive fundamental research on mid-cap and large-cap names. Distinctively, the firm is widely respected for its independent research culture and its analysts' willingness to take contrarian positions, giving the firm a reputation for thought leadership that often influences broader market consensus on controversial or overlooked investment themes.
Upgrades
112
68.75% win rate
· avg +5.22% D1
Downgrades
161
81.37% win rate
· avg -9.25% D1
Avg Gap — Upgrades
+4.33%
open vs prev close
Avg Gap — Downgrades
-8.59%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Healthcare | 72.73% (44) | +9.60% | 79.52% (83) | -14.15% |
| Technology | 57.89% (19) | +0.65% | 85.71% (21) | -6.70% |
| Real Estate | 66.67% (15) | +0.78% | 76.92% (13) | -0.54% |
| Consumer Cyclical | — | — | 81.25% (16) | -2.53% |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2026 | 100.0% | 12 | 76.5% | 17 |
| 2025 | 60.0% | 15 | 73.7% | 19 |
| 2024 | 61.5% | 13 | 86.7% | 15 |
| 2023 | — | — | 78.9% | 19 |
| 2016 | — | — | 72.7% | 11 |
| 2014 | — | — | 76.9% | 13 |
| 2013 | 90.0% | 10 | 76.9% | 13 |
| 2012 | 60.0% | 10 | — | — |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| May 21, 2026 | CNTB | Connect Biopharma Holdings Limited | Healthcare | Initiates | Overweight | $4 | — | — |
| May 21, 2026 | ALGS | Aligos Therapeutics, Inc. | Healthcare | Initiates | Overweight | $20 | — | — |
| May 20, 2026 | XE | X-Energy, Inc. Class A Common Stock | Industrials | Initiates | Overweight | $38 | +1.9% | +7.1% |
| May 18, 2026 | ELMT | Elmet Group Co. | Industrials | Initiates | Overweight | $20 | +1.9% | -7.1% |
| May 18, 2026 | QTTB | Q32 Bio Inc. | Healthcare | Initiates | Overweight | — | +0.0% | -8.7% |
| May 15, 2026 | BLSH | Bullish | Technology | Reiterates | Overweight | $43 | -1.3% | -9.6% |
| May 13, 2026 | TXN | Texas Instruments Incorporated | Technology | Reiterates | Neutral | $300 | +2.6% | +3.8% |
| May 13, 2026 | ON | ON Semiconductor Corporation | Technology | Reiterates | Neutral | $100 | +4.6% | +11.1% |
| May 13, 2026 | NXPI | NXP Semiconductors N.V. | Technology | Reiterates | Overweight | $380 | +2.0% | +1.4% |
| May 13, 2026 | ADI | Analog Devices, Inc. | Technology | Reiterates | Overweight | $510 | +2.0% | +3.0% |
| May 12, 2026 | DSGN | Design Therapeutics, Inc. | Healthcare | Initiates | Overweight | — | +0.4% | +1.2% |
| May 8, 2026 | HUBS | HubSpot, Inc. | Technology | Downgrade | Overweight → Neutral | $200 | -23.7% | -19.0% |
| May 7, 2026 | EVTL | Vertical Aerospace Ltd. | Industrials | Downgrade | Overweight → Neutral | — | -0.4% | -1.5% |
| May 7, 2026 | OUST | Ouster, Inc. | Technology | Downgrade | Overweight → Neutral | — | -4.1% | -16.6% |
| May 5, 2026 | NRGV | Energy Vault Holdings, Inc. | Utilities | Initiates | Overweight | $7 | +7.2% | +13.3% |
| May 5, 2026 | ABCL | AbCellera Biologics Inc. | Healthcare | Initiates | Overweight | $7 | +10.0% | +1.5% |
| May 4, 2026 | GFS | GLOBALFOUNDRIES Inc. | Technology | Upgrade | Neutral → Overweight | $80 | +6.1% | +4.4% |
| May 1, 2026 | FIVN | Five9, Inc. | Technology | Maintains | Overweight → Overweight | — | +17.3% | +29.3% |
| May 1, 2026 | SPSC | SPS Commerce, Inc. | Technology | Maintains | Neutral → Neutral | — | +6.2% | +5.0% |
| May 1, 2026 | ACHC | Acadia Healthcare Company, Inc. | Healthcare | Maintains | Neutral → Neutral | — | -0.4% | +7.5% |
| May 1, 2026 | RIOT | Riot Platforms, Inc. | Financial Services | Maintains | Overweight → Overweight | — | +7.4% | +7.3% |
| May 1, 2026 | TYL | Tyler Technologies, Inc. | Technology | Maintains | Neutral → Neutral | — | +3.0% | -1.7% |
| May 1, 2026 | RIVN | Rivian Automotive, Inc. | Consumer Cyclical | Maintains | Neutral → Neutral | — | -5.0% | -8.4% |
| May 1, 2026 | TEAM | Atlassian Corporation | Technology | Maintains | Overweight → Overweight | — | +20.9% | +29.6% |
| May 1, 2026 | RDDT | Reddit, Inc. | Communication Services | Maintains | Neutral → Neutral | — | +12.4% | +13.1% |