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Research firm
Piper Sandler
Period: Reporting periods mapped to calendar 2024 Q3 – 2026 Q3 (9 quarters).
- Questions
- 926on tracked calls
- Challenge rate
- 9%79 of 926 questions
- Analysts
- 41with at least one question
- Companies
- 165questioned at least once
These figures cover the whole profile: every tracked question, all reporting periods.
How to read these numbers
Challenge rate is the share of questions that pushed back, pressed for specifics or questioned management’s assumptions. It describes how questions were asked on the calls tracked here; it does not measure whether any view turned out to be right.
Rounding. Rates are rounded to whole percentages, so a small share can show as 0% even when some questions were challenging. The count beside each rate is exact; “none of N questions” means no question was challenging.
No questions recorded. “—” means there is nothing to calculate: no questions were recorded for that period on the calls tracked here. It does not mean there was no activity.
Small samples. Profiles with fewer than 10 questions are marked Limited sample.
Reporting periods. Questions are grouped by the calendar quarter each company’s fiscal reporting period maps to, not by the date of the call. Periods without a calendar mapping are listed separately under their fiscal label.
Analysts
Most questions first. Each challenge rate shows the exact count behind it.
| Analyst | Companies | Questions | Challenge rate |
|---|---|---|---|
| Michael Lavery | 17 | 98 | 6%6 of 98 questions |
| Alexander Goldfarb | 10 | 90 | 17%15 of 90 questions |
| Scott Siefers | 10 | 78 | 4%3 of 78 questions |
| Jim Fish | 11 | 77 | 13%10 of 77 questions |
| Jason Bednar | 6 | 65 | 12%8 of 65 questions |
| John Barnidge | 11 | 65 | 5%3 of 65 questions |
| Patrick Moley | 11 | 62 | 10%6 of 62 questions |
| Paul Newsome | 11 | 36 | 6%2 of 36 questions |
| David Amsellem | 5 | 31 | 16%5 of 31 questions |
| Ryan Todd | 6 | 29 | 0%none of 29 questions |
- Michael Lavery17 companies · 98 questions6%6 of 98 questions
- Alexander Goldfarb10 companies · 90 questions17%15 of 90 questions
- Scott Siefers10 companies · 78 questions4%3 of 78 questions
- Jim Fish11 companies · 77 questions13%10 of 77 questions
- Jason Bednar6 companies · 65 questions12%8 of 65 questions
- John Barnidge11 companies · 65 questions5%3 of 65 questions
- Patrick Moley11 companies · 62 questions10%6 of 62 questions
- Paul Newsome11 companies · 36 questions6%2 of 36 questions
- David Amsellem5 companies · 31 questions16%5 of 31 questions
- Ryan Todd6 companies · 29 questions0%none of 29 questions
Show all 41 analysts
| Analyst | Companies | Questions | Challenge rate |
|---|---|---|---|
| Peter Keith | 7 | 26 | 8%2 of 26 questions |
| John Royall | 6 | 26 | 8%2 of 26 questions |
| Tom Champion | 8 | 26 | 0%none of 26 questions |
| David Westenberg | 6 | 24 | 0%none of 24 questions |
| Matt O'Brien | 6 | 23 | 30%7 of 23 questions |
| Bill Carcache | 7 | 23 | 13%3 of 23 questions |
| Clark Jeffries | 6 | 20 | 0%none of 20 questions |
| Robbie Owens | 6 | 18 | 6%1 of 18 questions |
| Brent Bracelin | 7 | 15 | 13%2 of 15 questions |
| Jim Callahan | 3 | 15 | 0%none of 15 questions |
| Korinne Wolfmeyer | 6 | 11 | 0%none of 11 questions |
| Derek Podhaizer | 2 | 11 | 0%none of 11 questions |
| Crispin Love | 4 | 10 | 20%2 of 10 questions |
| Brian MullanLimited sample | 2 | 8 | 0%none of 8 questions |
| Will FitzsimmonsLimited sample | 3 | 7 | 14%1 of 7 questions |
| Adam MaederLimited sample | 2 | 4 | 0%none of 4 questions |
| Kashy HarrisonLimited sample | 3 | 4 | 0%none of 4 questions |
| Jessica TassanLimited sample | 1 | 3 | 0%none of 3 questions |
| Alex PotterLimited sample | 2 | 3 | 33%1 of 3 questions |
| Hannah RudoffLimited sample | 1 | 2 | 0%none of 2 questions |
| James ChmielLimited sample | 1 | 2 | 0%none of 2 questions |
| Samantha MunozLimited sample | 1 | 2 | 0%none of 2 questions |
| Ryan AbbottLimited sample | 1 | 2 | 0%none of 2 questions |
| Samantha KurtzLimited sample | 1 | 2 | 0%none of 2 questions |
| Will CoppsLimited sample | 1 | 2 | 0%none of 2 questions |
| Alex BernsteinLimited sample | 1 | 1 | 0%none of 1 question |
| Anna AndreevaLimited sample | 1 | 1 | 0%none of 1 question |
| Unknown AnalystLimited sample | 1 | 1 | 0%none of 1 question |
| Frank SchiraldiLimited sample | 1 | 1 | 0%none of 1 question |
| Skye GilbertLimited sample | 1 | 1 | 0%none of 1 question |
| Sam GodshallLimited sample | 1 | 1 | 0%none of 1 question |
- Peter Keith7 companies · 26 questions8%2 of 26 questions
- John Royall6 companies · 26 questions8%2 of 26 questions
- Tom Champion8 companies · 26 questions0%none of 26 questions
- David Westenberg6 companies · 24 questions0%none of 24 questions
- Matt O'Brien6 companies · 23 questions30%7 of 23 questions
- Bill Carcache7 companies · 23 questions13%3 of 23 questions
- Clark Jeffries6 companies · 20 questions0%none of 20 questions
- Robbie Owens6 companies · 18 questions6%1 of 18 questions
- Brent Bracelin7 companies · 15 questions13%2 of 15 questions
- Jim Callahan3 companies · 15 questions0%none of 15 questions
- Korinne Wolfmeyer6 companies · 11 questions0%none of 11 questions
- Derek Podhaizer2 companies · 11 questions0%none of 11 questions
- Crispin Love4 companies · 10 questions20%2 of 10 questions
- 0%none of 8 questions
- 14%1 of 7 questions
- 0%none of 4 questions
- 0%none of 4 questions
- 0%none of 3 questions
- 33%1 of 3 questions
- 0%none of 2 questions
- 0%none of 2 questions
- 0%none of 2 questions
- 0%none of 2 questions
- 0%none of 2 questions
- 0%none of 2 questions
- 0%none of 1 question
- 0%none of 1 question
- 0%none of 1 question
- 0%none of 1 question
- 0%none of 1 question
- 0%none of 1 question
Companies
Most questions first, counting every analyst at this firm.
- PNCPNC Financial Services19 questions
- STESteris16 questions
- VLOValero Energy16 questions
- USBU.S. Bancorp15 questions
- ESSEssex Property Trust14 questions
- COOCooper Companies (The)13 questions
- AMPAmeriprise Financial13 questions
- HSYHershey Company (The)13 questions
- IBKRInteractive Brokers Group13 questions
- VTRSViatris13 questions
- FFIVF5, Inc.12 questions
- HRLHormel Foods12 questions
- ALGNAlign Technology12 questions
- APPApplovin Corp12 questions
- SOLVSolventum12 questions
- CSCOCisco Systems, Inc.11 questions
- SYKStryker Corporation11 questions
- TWLOTwilio Inc.11 questions
- RFRegions Financial Corporation11 questions
- TSNTyson Foods10 questions
- CMECME Group10 questions
- HSICHenry Schein10 questions
- KMPRKemper Corporation10 questions
- UDRUDR, Inc.10 questions
Show all 165 companies
- FITBFifth Third Bancorp10 questions
- TFCTruist Financial10 questions
- VMRKVivmark Residential10 questions
- WFCWells Fargo10 questions
- VEEVVeeva Systems Inc.9 questions
- GISGeneral Mills9 questions
- AIZAssurant9 questions
- CPTCamden Property Trust9 questions
- EBAYeBay9 questions
- FRTFederal Realty Investment Trust9 questions
- HALHalliburton9 questions
- MAAMid-America Apartment Communities9 questions
- MPCMarathon Petroleum9 questions
- ROLRollins, Inc.9 questions
- MTBM&T Bank9 questions
- AFLAflac9 questions
- GLGlobe Life9 questions
- PRUPrudential Financial9 questions
- PSXPhillips 669 questions
- PEPPepsiCo8 questions
- BXPBXP, Inc.8 questions
- CVXChevron Corporation8 questions
- KIMKimco Realty8 questions
- KEYKeyCorp8 questions
- PFGPrincipal Financial Group8 questions
- IOTSamsara Inc.7 questions
- PEverpure, Inc.7 questions
- PGThe Procter & Gamble Company7 questions
- CAVACAVA Group, Inc.7 questions
- CBOECboe Global Markets7 questions
- HOODRobinhood Markets, Inc.7 questions
- RDDTReddit, Inc.7 questions
- SPGSimon Property Group7 questions
- CINFCincinnati Financial7 questions
- BBYBest Buy6 questions
- ANETArista Networks6 questions
- APOApollo Global Management6 questions
- AXONAxon Enterprise Inc.6 questions
- CLColgate-Palmolive6 questions
- DGXQuest Diagnostics6 questions
- NDAQNasdaq, Inc.6 questions
- TYLTyler Technologies6 questions
- AKAMAkamai Technologies6 questions
- AVBAvalonBay Communities6 questions
- COINCoinbase Global6 questions
- FTNTFortinet6 questions
- WTWWillis Towers Watson6 questions
- PANWPalo Alto Networks5 questions
- BMYBristol Myers Squibb5 questions
- CPBCampbell Soup Company5 questions
- ICEIntercontinental Exchange5 questions
- KHCKraft Heinz5 questions
- KKRKKR5 questions
- LHLabCorp5 questions
- MDLZMondelez International5 questions
- MSIMotorola Solutions5 questions
- ROPRoper Technologies5 questions
- XOMExxonMobil5 questions
- ZTSZoetis5 questions
- KOThe Coca-Cola Company5 questions
- AMGNAmgen Inc.5 questions
- DXCMDexCom5 questions
- STZConstellation Brands4 questions
- ADBEAdobe Inc.4 questions
- ABBVAbbVie4 questions
- BIIBBiogen4 questions
- FIGFigma, Inc.4 questions
- FIGRFigure Technology Solutions, Inc. Class A Common Stock4 questions
- KMBKimberly-Clark4 questions
- BXBlackstone Inc.4 questions
- CFGCitizens Financial Group4 questions
- NETCloudflare, Inc.4 questions
- PODDInsulet Corporation4 questions
- TSCOTractor Supply4 questions
- AIGAmerican International Group4 questions
- CASYCasey's General Stores, Inc.4 questions
- COPConocoPhillips4 questions
- ILMNIllumina, Inc.4 questions
- SOUNSoundHound AI, Inc.4 questions
- CELHCelsius Holdings, Inc.4 questions
- TAPMolson Coors Beverage Company4 questions
- UUnity Software Inc.4 questions
- RIOTRiot Platforms, Inc.4 questions
- CRWDCrowdStrike3 questions
- PGRProgressive Corporation3 questions
- TRMBTrimble Inc.3 questions
- TRVThe Travelers Companies, Inc.3 questions
- ALLAllstate3 questions
- CDNSCadence Design Systems3 questions
- MDBMongoDB, Inc.3 questions
- ZBHZimmer Biomet3 questions
- UNHUnitedHealth Group Incorporated3 questions
- ISRGIntuitive Surgical3 questions
- ULTAUlta Beauty3 questions
- IDXXIdexx Laboratories3 questions
- MDTMedtronic2 questions
- TTWOTake-Two Interactive2 questions
- TEAMAtlassian2 questions
- SLBSchlumberger2 questions
- SNOWSnowflake Inc.2 questions
- WMTWalmart Inc.2 questions
- BSXBoston Scientific2 questions
- DGDollar General2 questions
- KDPKeurig Dr Pepper2 questions
- PTCPTC Inc.2 questions
- EXPEExpedia Group2 questions
- NFLXNetflix, Inc.2 questions
- TEMTempus AI, Inc.2 questions
- CVNACarvana Co.2 questions
- DLTRDollar Tree2 questions
- AONAon2 questions
- COFCapital One2 questions
- GEHCGE HealthCare2 questions
- KVUEKenvue2 questions
- MRSHMarsh & McLennan Companies, Inc.2 questions
- BEBloom Energy Corporation2 questions
- SYFSynchrony Financial2 questions
- ADSKAutodesk1 question
- AXPAmerican Express Company1 question
- CMGChipotle Mexican Grill1 question
- DASHDoorDash1 question
- RKLBRocket Lab USA, Inc.1 question
- SCHWCharles Schwab Corporation1 question
- CHYMChime Financial, Inc. Class A Common Stock1 question
- MNSTMonster Beverage1 question
- AJGArthur J. Gallagher & Co.1 question
- LMNDLemonade, Inc.1 question
- ROKURoku, Inc.1 question
- TGTTarget Corporation1 question
- CCitigroup1 question
- CRMSalesforce, Inc.1 question
- ABTAbbott Laboratories1 question
- HIGHartford (The)1 question
- MSFTMicrosoft Corporation1 question
- CHDChurch & Dwight1 question
- FSLRFirst Solar1 question
- NOWServiceNow1 question
- SNAPSnap Inc.1 question
- ZSZscaler1 question
- GNRCGenerac1 question
- REGNRegeneron Pharmaceuticals1 question
Activity by reporting period
Questions recorded for each calendar quarter that companies’ reporting periods map to (not the call date), with the challenge rate for that period. Periods inside the range with no questions are shown as “No questions recorded”.
| Calendar period | Questions | Challenge rate | Analysts | Companies |
|---|---|---|---|---|
| 2024 Q3 | 8 | 0%none of 8 questions | 4 | 5 |
| 2024 Q4 | 141 | 6%9 of 141 questions | 26 | 91 |
| 2025 Q1 | 142 | 6%9 of 142 questions | 29 | 95 |
| 2025 Q2 | 145 | 14%21 of 145 questions | 26 | 98 |
| 2025 Q3 | 138 | 10%14 of 138 questions | 23 | 99 |
| 2025 Q4 | 126 | 6%8 of 126 questions | 23 | 90 |
| 2026 Q1 | 118 | 10%12 of 118 questions | 23 | 84 |
| 2026 Q2 | 95 | 6%6 of 95 questions | 23 | 79 |
| 2026 Q3 | 13 | 0%none of 13 questions | 6 | 10 |
- 2024 Q38 questions · challenge rate 0% (none of 8 questions) · 4 analysts · 5 companies
- 2024 Q4141 questions · challenge rate 6% (9 of 141 questions) · 26 analysts · 91 companies
- 2025 Q1142 questions · challenge rate 6% (9 of 142 questions) · 29 analysts · 95 companies
- 2025 Q2145 questions · challenge rate 14% (21 of 145 questions) · 26 analysts · 98 companies
- 2025 Q3138 questions · challenge rate 10% (14 of 138 questions) · 23 analysts · 99 companies
- 2025 Q4126 questions · challenge rate 6% (8 of 126 questions) · 23 analysts · 90 companies
- 2026 Q1118 questions · challenge rate 10% (12 of 118 questions) · 23 analysts · 84 companies
- 2026 Q295 questions · challenge rate 6% (6 of 95 questions) · 23 analysts · 79 companies
- 2026 Q313 questions · challenge rate 0% (none of 13 questions) · 6 analysts · 10 companies
Topics and sectors
Topics tagged on this firm’s questions
- Demand236
- Competitive Dynamics222
- Margin156
- Revenue Growth148
- Product Launch112
- Innovation & R&D106
- Capital Allocation104
- Regulation Policy85
- Pricing83
- M&A81
Show all 23 topics
- Guidance Reliability69
- Cost Pressure61
- Cloud & AI58
- Macroeconomic48
- Capex Investment42
- Geographic Expansion41
- Supply Chain31
- Trade Tariffs28
- Credit27
- Subscriber Growth24
- Labor Market10
- Inventory9
- Fx3
Questions by company sector
- Financial Services280
- Healthcare165
- Technology140
- Consumer Defensive114
- Real Estate90
- Energy63
- Consumer Cyclical47
- Industrials15
- Communication Services12