What to Expect from Piper Sandler's Earnings
Benzinga Insights 9 months ago
Earnings
Piper Sandler (NYSE:PIPR) will release its quarterly earnings report on Friday, 2026-02-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Piper Sandler to report an earnings per share (EPS) of $4.75.
The market awaits Piper Sandler's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Historical Earnings Performance
The company's EPS beat by $0.67 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at Piper Sandler's past performance and the resulting price change:
| Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|
| EPS Estimate | 3.15 | 2.13 | 2.85 | 3.99 |
| EPS Actual | 3.82 | 2.95 | 4.09 | 4.80 |
| Price Change % | -2.00 | -1.00 | 4.00 | 2.00 |

Performance of Piper Sandler Shares
Shares of Piper Sandler were trading at $344.47 as of February 04. Over the last 52-week period, shares are up 9.96%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts' Perspectives on Piper Sandler
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Piper Sandler.
The consensus rating for Piper Sandler is Buy, based on 1 analyst ratings. With an average one-year price target of $386.0, there's a potential 12.06% upside.
Comparing Ratings with Competitors
The analysis below examines the analyst ratings and average 1-year price targets of Moelis, Lazard and Webull, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
- Analysts currently favor an Neutral trajectory for Moelis, with an average 1-year price target of $80.6, suggesting a potential 76.6% downside.
- Analysts currently favor an Outperform trajectory for Lazard, with an average 1-year price target of $59.17, suggesting a potential 82.82% downside.
- Analysts currently favor an Buy trajectory for Webull, with an average 1-year price target of $15.0, suggesting a potential 95.65% downside.
Peer Analysis Summary
The peer analysis summary presents essential metrics for Moelis, Lazard and Webull, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.
| Company | Consensus | Revenue Growth | Gross Profit | Return on Equity |
|---|---|---|---|---|
| StoneX Group | Buy | 5.09% | $741.30M | 3.79% |
| Moelis | Neutral | 30.37% | $101.48M | 10.16% |
| Lazard | Outperform | 21.79% | $264.89M | 5.81% |
| Webull | Buy | 55.17% | $121.33M | 4.22% |
Key Takeaway:
Piper Sandler ranks at the top for Revenue Growth and Gross Profit among its peers. It is in the middle for Consensus and Return on Equity.
Unveiling the Story Behind Piper Sandler
Piper Sandler Cos is an investment bank and institutional securities firm, serving the needs of corporations, private equity groups, public entities, non-profit entities and institutional investors in the United States (U.S.) and internationally. The company provides a broad set of products and services, including financial advisory services; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; fixed income services; and alternative asset management strategies. It generates maximum revenue from Advisory services followed by Equity financing.
Breaking Down Piper Sandler's Financial Performance
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Piper Sandler showcased positive performance, achieving a revenue growth rate of 32.49% as of 30 September, 2025. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Piper Sandler's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 13.06%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Piper Sandler's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 4.8%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Piper Sandler's ROA stands out, surpassing industry averages. With an impressive ROA of 2.88%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Piper Sandler's debt-to-equity ratio is below the industry average at 0.09, reflecting a lower dependency on debt financing and a more conservative financial approach.
To track all earnings releases for Piper Sandler visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
