PIPR
Piper Sandler CompaniesDNYSE / Financial Services
Last Price
At close
2026-07-23
Current thesis
The post-earnings bull case improved because Q1 delivered record first-quarter revenues, strong advisory and financing growth, continued market-share wins in healthcare and financial services, and another step-up in capital return. The deterministic prior also shifted positive, which fits the idea that the quarter materially improved near-term earnings power even if the market reaction was negative.
Posture
Defensive
Lead driver
Value
What changed
Next scheduled catalyst: earnings 2026-07-30 · BMO.
What can break
An $8.5 million litigation-related expense hit the quarter, highlighting ongoing legal and expense risk.
Momentum
19
Value
55
Sentiment
59
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $84.00 · Bull $92.00 · Bear $72.00
Earnings
2026-07-30 · BMO
Data freshness
Prices
As of 2026-07-23
Fundamentals
As of 2026-07-23 • Vendor: Data Vendor v1
Scores
As of 2026-07-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-04 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-23
Investment thesis
As of 2026-07-23
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $88.13
Why
Momentum19 · Δ7d -3.3
Value55 · Δ7d -0.2
Sentiment59 · Δ7d +1.1
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Value · See fundamentals
Momentum
19
26% active weight
Current posture
7d trendSoftening
Δ7d
-3.3
Δ21d
-8.4
Value
55
39% active weight
Current posture
7d trendFlat
Δ7d
-0.2
Δ21d
-0.5
Sentiment
59
34% active weight
Current posture
7d trendImproving
Δ7d
+1.1
Δ21d
-8.9
Why this grade
Composite grade D. Momentum 19.2 / Value 54.5 / Sentiment 58.9
Fundamentals (TTM)As of 2026-07-23
Fundamentals (TTM)
As of 2026-07-23
Market Cap
$5.39B
Beta
1.52
Shares Out
71.04M
P/E (TTM)
27.6
P/S (TTM)
3.76
P/FCF (TTM)
28.90
Rev YoY
+32.1%
EPS YoY
+0.4%
Gross Margin
+92.9%
Op Margin
+15.6%
Net Debt
-$693.06M
Current Ratio
0.98
As of 2026-07-23 • Updated nightlySource: Internal modelMethodology

