PIPRPIPRFinancial Services · Capital Markets

PIPR Stock Forecast: Piper Sandler Cos. Price Predictions for 2026-2027

Last close, 3 Sept 2026
$78
+3.40% on the day

The 5 Wall Street analysts covering Piper Sandler Cos. hold a median 12-month price target of $87 — +12.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 68 of 100 as at 2 Sept 2026 — in the upper half.

Market cap
$5.3B
Ticker Nerd rank
68 / 100
Median analyst target
$87
Analysts covering
5
Revenue$490.1M+28.9% y/y
Net income$70.1M
Free cash flow$28.5M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+4.4%
1M
+2.7%
YTD
−1.1%
1Y
+5.1%
From 52W high
−14.3%
From 52W low
+13.7%
$68
$91
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

PIPR stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Piper Sandler Cos. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 2 Sept 2026
68 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
99
Growth
96
Value
85
Volatility
81
Momentum
60
Revisions
53
Issuance
31
Size
23
Accruals
15

Quality (99): The business earns solid, repeatable profits on what it owns.

Accruals (15): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

PIPR stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PIPR, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$70$75$80$85$90$95Oct 25Jan 26Apr 26Jul 26PIPRHigh $93Median $87Low $81

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says5 analysts
3 Buy1 Hold1 Sell
Low $81Median $87High $93

The green dot is the last close — the median target sits +12.2% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
12 Mar 2026Goldman SachsMaintainsBuy$461$392
10 Nov 2025Goldman SachsUpgradeBuy
10 July 2025Wolfe ResearchUpgradeOutperform
5 May 2025JMP SecuritiesReiteratesMarket Perform
14 Mar 2025Citizens Capital MarketsReiteratesMarket Perform
14 Mar 2025Goldman SachsMaintainsNeutral
14 Mar 2025JMP SecuritiesReiteratesMarket Perform
3 Feb 2025Goldman SachsMaintainsNeutral
3 Feb 2025JMP SecuritiesReiteratesMarket Perform
6 Jan 2025Goldman SachsDowngradeNeutral
17 Sept 2024JMP SecuritiesReiteratesMarket Perform
11 June 2024JMP SecuritiesReiteratesMarket Perform
9 Apr 2024JMP SecuritiesReiteratesMarket Perform
10 Jan 2024JMP SecuritiesDowngradeMarket Perform
19 Dec 2023Goldman SachsMaintainsBuy
19 Dec 2023Northland Capital MarketsDowngradeMarket Perform
30 Oct 2023JMP SecuritiesReiteratesMarket Outperform
10 Oct 2023JMP SecuritiesReiteratesMarket Outperform
31 July 2023JMP SecuritiesReiteratesMarket Outperform
10 July 2023JMP SecuritiesMaintainsMarket Outperform

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PIPR appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

PIPR vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 3 Sept 2026, Piper Sandler Cos. returned +5.1% against +21.4% for the S&P 500, dividends included.

PIPR vs S&P 500, last 12 monthsTotal return, rebased to 100
95100105110115120Oct 25Jan 26Apr 26Jul 26PIPRS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

PIPR analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−0.2%
Analysts raising
1
Analysts cutting
3
Fundamentals

Piper Sandler Cos. (PIPR) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
17.2×

Cheaper than 42% of US stocks

Price / sales
2.5×

Cheaper than 47% of US stocks

Price / book
3.7×

Cheaper than 29% of US stocks

EV / EBITDA
Growth & margins
Revenue growth (YoY)
24.9%

Higher than 74% of US stocks

Earnings growth (YoY)
60.8%

Higher than 78% of US stocks

Gross margin
Operating margin
21.6%

Higher than 81% of US stocks

Net margin
14.5%

Higher than 77% of US stocks

Returns & dividend
Return on equity
24.5%

Higher than 85% of US stocks

Return on assets
17.0%

Higher than 98% of US stocks

Dividend yield
1.1%

Higher than 24% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Piper Sandler Cos. (PIPR) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Piper Sandler Cos. has a market value of $5.3B and an enterprise value of $4.8B.

  • Revenue in the twelve months to 30 June 2026: $2.1B. The latest quarter grew 24.9% year on year.

  • Net income over the same four quarters: $363.9M, a 17.6% net margin.

  • Diluted earnings per share, trailing twelve months: $4.32.

  • Free cash flow in the twelve months to 30 June 2026: $487.0M.

  • Piper Sandler Cos. spent $124.4M on share buybacks and $141.4M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 67.5M.

  • Trailing P/E: 17.2×; forward P/E: 13.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.07%, paying out 17% of earnings.

  • Piper Sandler Cos. employs 1,915 people $1.1M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 2 Sept 2026

Data provided by Twelve Data

Peers

PIPR vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCapital Markets
CompanyMarket capTKN rank
PIPRPiper Sandler Cos.$5.3B
68
MCMoelis & Co.$5.5B
67
BGCBGC Group, Inc.$5.7B
88
MKTXMarketAxess Holdings, Inc.$5.7B
62
PJTPJT Partners, Inc.$4.7B
81
RIOTRiot Platforms, Inc.$7.0B
24
LAZLazard, Inc.$4.1B
67

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Piper Sandler Cos. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PIPR news & analysis

Piper Sandler Companies: 'Pretty Good, Just Not Great And Robust'

Seeking Alpha · 30 Aug 2026neutral

Piper Sandler Companies reported robust 2Q26 results with revenues up 21% year-over-year and margin expansion, driven by middle-market M&A advisory strength, but management guides for flat 3Q26 revenue. The company is rated HOLD due to a muted near-term outlook, elevated valuation at a 33–35% premium to sector median, and limited expected catalysts.

Why it matters — A PIPR watcher would care because the company's strong recent performance is tempered by flat near-term guidance and an elevated valuation, suggesting limited upside catalysts in the near future.

Beyond Big Tech: 3 Non-Tech Earnings Winners to Watch

MarketBeat · 25 Aug 2026neutral

MarketBeat highlights that while headlines have focused on AI stock earnings wins in Q2 2026, non-tech companies also posted strong earnings results across the S&P 500. The article points to companies outside Big Tech as additional earnings winners worth watching.

Why it matters — Piper Sandler, as a financial-services firm tracking market performance, would be relevant to this broader earnings picture that extends beyond AI-focused tech wins.

Piper Sandler Continues to Strengthen Private Capital Advisory with Addition of Tim Light as Managing Director of Secondary Capital Advisory

Business Wire · 19 Aug 2026positive

Piper Sandler announced the addition of Tim Light as managing director of secondary capital advisory within its private capital advisory group. Based in New York, Light will advise private equity sponsors and institutional investors on secondary transactions, including GP-led continuation vehicles and other liquidity solutions.

Why it matters — PIPR watchers would care because this hire strengthens the firm's private capital advisory practice and expands its capabilities in the growing secondary transactions market.

Piper Sandler Companies Q2 Earnings Call Highlights

MarketBeat · 1 Aug 2026positive

Piper Sandler reported second-quarter adjusted net revenue of $491 million, up 21% from a year earlier, supported by strong advisory activity, municipal financing and equity brokerage results. The quarter marked its 11th consecutive period of year-over-year revenue growth.

Why it matters — A 21% revenue gain extended to an 11-quarter growth streak, showing sustained strength across Piper Sandler's advisory, municipal and brokerage businesses for PIPR watchers.

Piper Sandler Companies (PIPR) Q2 2026 Earnings Call Transcript

Seeking Alpha · 30 July 2026neutral

Piper Sandler Companies held its Q2 2026 earnings call, and a transcript of the event was published by Seeking Alpha.

Why it matters — PIPR watchers would care because the earnings call transcript provides detailed commentary on the company's second-quarter financial performance and outlook.

FAQ

Frequently asked questions about PIPR stock

What is the PIPR stock price forecast for 2026-2027?

The 5 Wall Street analysts covering Piper Sandler Cos. have a median 12-month price target of $87, with estimates ranging from $81 to $93. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PIPR stock a buy right now?

Of the 5 analysts covering Piper Sandler Cos., 3 rate it a Buy, 1 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Piper Sandler Cos. 68 out of 100 across roughly 4,600 US stocks as at 2 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PIPR?

As at 2 Sept 2026, Piper Sandler Cos. ranks 68 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (99 of 100).

Will PIPR stock go up?

No one can know that. What the data says: the median 12-month target from 5 analysts implies +12.2% from the last close, and Ticker Nerd's factor model ranks Piper Sandler Cos. 68 out of 100 as at 2 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PIPR stock forecast for 2030?

No analyst covering Piper Sandler Cos. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PIPR are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $81 to $93 over the next 12 months.

How has PIPR stock performed over the past year?

Piper Sandler Cos. returned +5.1% over the 12 months to 3 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Piper Sandler Cos. do?

Piper Sandler Companies is an investment bank and institutional securities firm that provides advisory, capital markets, brokerage, research, and asset management services to clients in the United States and internationally. Piper Sandler Companies serves corporations, private equity groups, public entities, non-profit organizations, and institutional investors through offerings that include mergers and acquisitions advisory, equity and debt financing, public finance, institutional sales and trading, fundamental equity and macro research, and fixed income services.

What is the latest news on PIPR?

The most recent item we track (Seeking Alpha, 30 Aug 2026): "Piper Sandler Companies: 'Pretty Good, Just Not Great And Robust'". Piper Sandler Companies reported robust 2Q26 results with revenues up 21% year-over-year and margin expansion, driven by middle-market M&A advisory strength, but management guides for flat 3Q26 revenue. The company is rated HOLD due to a muted near-term outlook, elevated valuation at a 33–35% premium to sector median, and limited expected catalysts.

Company

About Piper Sandler Cos.

Piper Sandler Companies is an investment bank and institutional securities firm that provides advisory, capital markets, brokerage, research, and asset management services to clients in the United States and internationally. Piper Sandler Companies serves corporations, private equity groups, public entities, non-profit organizations, and institutional investors through offerings that include mergers and acquisitions advisory, equity and debt financing, public finance, institutional sales and trading, fundamental equity and macro research, and fixed income services. The firm also operates alternative asset management strategies, including merchant banking and healthcare-focused funds, which manage capital for both the company and outside investors. Headquartered in Minneapolis, Minnesota, Piper Sandler Companies plays a broad role in connecting capital with opportunities across corporate, municipal, and institutional markets.

CEO Mr. Chad R. Abraham · 1,915 employees · United States · https://www.pipersandler.com