PIPR
Piper Sandler CompaniesDNYSE / Financial Services
Last Price
At close
2026-06-02
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
Value remains the lead driver in the composite, 7D delta +8.5.
What can break
An $8.5 million litigation-related expense hit the quarter, highlighting ongoing legal and expense risk.
Momentum
21
Value
60
Sentiment
58
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $84.00 · Bull $92.00 · Bear $72.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-04 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $404.50
Why
Momentum21 · Δ7d -8.0
Value60 · Δ7d +8.5
Sentiment58 · Δ7d +8.6
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Value · See fundamentals
Momentum
21
34% active weight
Current posture
7d trendImproving
Δ7d
-8.0
Δ21d
-41.3
Value
60
32% active weight
Current posture
7d trendImproving
Δ7d
+8.5
Δ21d
+8.3
Sentiment
58
33% active weight
Current posture
7d trendImproving
Δ7d
+8.6
Δ21d
+11.9
Why this grade
Composite grade D. Momentum 21.1 / Value 60.5 / Sentiment 57.5
Fundamentals (TTM)As of 2026-06-02
Fundamentals (TTM)
As of 2026-06-02
Market Cap
$5.5B
Beta
1.52
Shares Out
17.69M
P/E (TTM)
27.6
P/S (TTM)
3.76
P/FCF (TTM)
28.90
Rev YoY
+33.0%
EPS YoY
+72.9%
Gross Margin
+98.5%
Op Margin
+15.6%
Net Debt
-$395.85M
Current Ratio
-
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology

