NYSE: PIPR

Piper Sandler Companies (PIPR) Stock Analysis & Forecast

Sep 28 close

$71.69−0.65 (−0.9%)

Gekko Brief

AI summary

This week's news for Piper Sandler centers on recognition and governance rather than financial results: Hanmi Bank was named to the Piper Sandler Sm-All Stars Class of 2026, and the company elected Wendy L. Schoppert to its board of directors.

PIPR closed at $71.69, down 0.9%, trading below both its 50-day average of $75.01 and 200-day average of $79.91, with the 50-day also below the 200-day. The stock's one-month return sits at -4%, and its 52-week range spans $68.70 to $95.07. The GekkoIndex reads 63.6, placing it in the Accumulation zone. Price stands 10.3% below Gekko Fair Value of $79.91.

Piper Sandler's next earnings report is scheduled for 30 October 2026, before the open, 31 days away and outside a typical 20-trading-day holding window. At its last report on 30 July 2026, adjusted EPS of $1.04 beat the $0.85 estimate, with a 2.7% reaction, and the company has beaten estimates in 7 of the last 8 quarters. Seasonality over the past 5 years shows an average 20-day return of 3.2% from this point in the calendar, with gains in 3 of those years. No insider, Congress or unusual options activity appears in the current window. Analyst coverage includes one buy and one sell rating, with a consensus target of $87.12, implying 21.5% upside from current levels.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Piper Sandler Companies price vs fair value

$79.91$71.69Sep ’25Mar ’26Sep ’26
Close $71.69200-day averageGekko Fair Value $79.91

Piper Sandler Companies quick facts

Market cap
$4.84B
P/E ratio
16.8
Forward P/E
10.1
EPS, TTM
$4.24
Revenue, TTM
$2.12B
Profit margin
14.5%
Dividend yield
1.00%
Beta
1.41
Volume
701,599 avg 640,574
1-year return
−17.6%
Typical daily move
±3%
Typical 20-day move
±6.7%
50-day average
$75.01
200-day average
$79.91
Next earnings
Oct 30 before open
Shares outstanding
70.67M
52-week range
$68.70$95.07

Piper Sandler Companies swing-trade checklist

Piper Sandler Companies scores 4 supportive, 0 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive0 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $71.69 is below the 50-day ($75.01) and 200-day ($79.91) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    63.6, Accumulation

    Reading 63.6 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    10.3% below

    Price is 10.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 31 days

    Next report Oct 30, 2026, 31 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +3.2% on average

    From this point in the calendar, the next 20 trading days averaged +3.2% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Piper Sandler Companies stock chart and price history

Piper Sandler Companies closed at $71.69 on Sep 28, 2026, −17.6% over the past year, inside a 52-week range of $68.70 to $95.07.

Close50-day average200-day averageVolume
Piper Sandler Companies share price, past year, with 50-day and 200-day moving averages and volume$70$75$80$85$90$95NovDecJan 2026FebMarAprMayJunJulAugSep71.69

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−4.0%
3 months
−1.3%
6 months
−1.8%
1 year
−17.6%
The full PIPR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PIPR in Gekko

Follow Piper Sandler Companies through every session

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About Piper Sandler Companies

Piper Sandler Companies works as an investment bank and securities firm, connecting corporations, private equity groups, public entities, non-profit organizations and institutional investors with capital markets and advisory services. It is recognized for its work across investment banking, trading, research and advisory functions, covering mergers and acquisitions, equity and debt financings, private placements, restructuring, and municipal finance advisory work.

Its business spans several areas: public finance services aimed at state and local governments, infrastructure projects, and sectors such as education, healthcare, housing and transportation; institutional brokerage and trade execution for equity and fixed income products; and alternative asset management through funds in merchant banking and healthcare that invest both firm capital and outside investor capital. Customers include banks, registered investment advisors, credit unions, asset managers, insurance companies, and government and non-profit bodies, alongside corporate and institutional clients.

The firm traces its history back to 1895 and is headquartered in Minneapolis, Minnesota. It previously operated under the name Piper Jaffray Companies before adopting its current name in January 2020. Piper Sandler Companies is listed on the NYSE under the ticker PIPR.

Listed
NYSE
Sector
Finance
Industry
Investment banks/Brokers
Website
pipersandler.com

Piper Sandler Companies GekkoIndex: the smart money zone

Piper Sandler Companies’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.6, in the Accumulation zone, down 0.7 points over five sessions.

010063.6Accumulation

Down 0.7 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying34+0.4%+0.8%+1.7%+2.9%
Accumulation (current zone)160+0.7%+0.8%+1.7%+2.6%
Neutral345+0.2%+0.7%+1.5%+4.8%
Distribution56+0.8%+1.3%+2.5%+4.5%
Selling0Not available

Average PIPR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the PIPR price, zone by zone.Track PIPR in Gekko

Is Piper Sandler Companies stock overvalued? Gekko Fair Value

Piper Sandler Companies trades 10.3% below Gekko Fair Value of $79.91, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Piper Sandler Companies shares are worth, recalculated every trading day.

$79.91

Gekko Fair Value, Sep 26, 2026

10.3% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PIPR in Gekko

Piper Sandler Companies insider and Congress trading

No open-market insider purchases were filed for Piper Sandler Companies, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PIPR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PIPR insider filing, plotted on the chart in Gekko.Open PIPR in Gekko

Congress trades last 90 days

No trades in PIPR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PIPR, plotted on the chart in Gekko.Open PIPR in Gekko

Buybacks

Piper Sandler Companies has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$30.97M
As a share of market cap
0.64%
Trailing four quarters
$124.4M

From company filings.

Piper Sandler Companies earnings: next date and track record

Piper Sandler Companies reports on Oct 30, 2026, before the open (31 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±4.1%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

−0.1%Oct ’24+2.2%Jan ’25+1.6%May ’25+1.8%Aug ’25−1.0%Oct ’25+12.4%Feb ’26−10.9%May ’26+2.7%Jul ’26

Last earnings call, Jul 30, 2026 AI summary

What they said
Piper Sandler reported Q2 2026 adjusted net revenues of $491 million with a 21.8% operating margin and adjusted EPS of $1.04, marking the 11th consecutive quarter of year-over-year revenue growth. Corporate Investment Banking revenues rose 31% YoY to $312 million, driven by record Advisory Services revenues of $274 million, up 34%. First-half Corporate Investment Banking revenues of $636 million represent a 30% increase and the strongest first-half performance on record.
Guidance
Management signaled continued momentum in advisory and private equity activity as market conditions improve. No specific EPS or revenue targets were provided, but the firm is positioning to capture increased share in high-growth areas including Private Capital Advisory, continuation vehicles, and IPOs as transaction volumes accelerate.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 30, 2026$1.04
est $0.85
+22.4%$495.5M
est $445.3M
+11.3%+2.7%
May 1, 2026$1.00
est $0.92
+8.7%$474.4M
est $436.3M
+8.7%−10.9%
Feb 6, 2026$1.72
est $1.18
+45.8%$635.0M
est $518.2M
+22.5%+12.4%
Oct 31, 2025$0.96
est $0.82
+17.1%$455.3M
est $423.5M
+7.5%−1.0%
Aug 1, 2025$2.95
est $2.25
+31.1%$393.9M
est $409.1M
−3.7%+1.8%
May 2, 2025$4.09
est $2.65
+54.3%$347.9M
est $396.2M
−12.2%+1.6%
Jan 31, 2025$4.80
est $3.99
+20.3%$468.0M
est $377.5M
+24.0%+2.2%
Oct 25, 2024$2.57
est $2.68
−4.1%$349.7M
est $368.4M
−5.1%−0.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Piper Sandler Companies stock forecast and analyst price targets

Analysts’ average 12-month price target for Piper Sandler Companies is $87.12, +21.5% from the last close, from 2 firms rating the stock in the last 90 days.

$87.12consensus 12-month target, +21.5% from the last close
Buy1
Hold0
Sell1

Each firm’s latest rating in the last 90 days: 2 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Jul 10Bank of America SecuritiesSell, maintained——
Jul 6Goldman SachsBuy, maintained$90+25.5%
+1.7%average 20-day move after past Accumulation readings
+3.2%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Piper Sandler Companies seasonality: the next 20 trading days

Over the next 20 trading days from Sep 26, Piper Sandler Companies averaged +3.2% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+12.0%2021+8.5%2022−5.8%2023+3.3%2024−0.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.3%1 of 5
Next 10 trading days+0.1%4 of 5
Next 15 trading days+1.4%4 of 5
Next 20 trading days+3.2%3 of 5
Next 30 trading days+12.7%4 of 5

For scale, PIPR’s typical 20-trading-day move in either direction is about 6.7%.

Piper Sandler Companies market cap and key statistics

Piper Sandler Companies’s market cap is $4.84B, with a P/E ratio of 16.8 and revenue of $2.12B over the last twelve months.

Valuation

Market cap
$4.84B
P/E ratio
16.8
Forward P/E
10.1
EPS, TTM
$4.24
Gekko Fair Value
$79.91

Trading

Volume
701,599
Avg volume, 20 days
640,574
52-week high
$95.07
52-week low
$68.70
Shares outstanding
70.67M

Financials

Revenue, TTM
$2.12B
Profit margin
14.5%
Return on equity
24.5%
Quarterly earnings growth, YoY
+61.0%

Risk and income

Beta
1.41
Typical daily move
±3%
Typical 20-day move
±6.7%
Dividend yield
1.00%

Piper Sandler Companies stock news this week

2 headlines about Piper Sandler Companies from the past week, newest first, each linking to the publisher.

Piper Sandler Companies peers

Piper Sandler Companies’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
GSGoldman Sachs−1.6%Accumulation13.7% below
SCHWCharles Schwab−0.5%Buying13.9% below
IBKRInteractive Brokers−0.8%Accumulation10.2% below
HOODRobinhood Markets−1.3%Neutral1.5% above
BNYBank of New York Mellon−0.8%Accumulation8.6% below
CMECME−1.1%Accumulation4.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Piper Sandler Companies stock FAQ

What is Piper Sandler Companies’s market cap?

Piper Sandler Companies’s market cap is $4.84B at the Sep 28, 2026 close of $71.69, with 70.67M shares outstanding. The shares trade on a P/E ratio of 16.8.

What is the Piper Sandler Companies stock forecast?

The consensus analyst 12-month price target for Piper Sandler Companies is $87.12, +21.5% from the last close. Of the 2 firms that rated the stock in the last 90 days, 1 rate it a buy, 0 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Piper Sandler Companies stock overvalued or undervalued?

On Gekko’s estimate Piper Sandler Companies is undervalued: the Sep 28, 2026 close of $71.69 is 10.3% below Gekko Fair Value of $79.91. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Piper Sandler Companies report earnings next?

Piper Sandler Companies is expected to report on Oct 30, 2026, before the market opens (31 days away). Analysts expect earnings of $0.93 per share on revenue of $464.1M. Piper Sandler Companies beat the earnings estimate in 7 of its last 8 reports, moving 4.1% on average across the report.

What is Piper Sandler Companies’s 52-week high and low?

Piper Sandler Companies’s 52-week high is $95.07 and its 52-week low is $68.70; it closed at $71.69 on Sep 28, 2026, −17.6% over the past year.

Is Piper Sandler Companies stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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