David Koning

Baird | Technology

David Koning is an analyst from Baird specializing in the Technology sector. Ranked #1978 out of 4662 analysts, they have issued 34 stock ratings with a success rate of 92.77% and an average return of 5.44%.

David Koning has a well-established track record, with 34 ratings issued in the Technology sector. They have consistently delivered a success rate of 92.77% and an average return of 5.44%, underscoring their expertise and ability to identify winning opportunities for investors.

#1978

Out of 4662

34

Total Ratings

+92.77%

Success Rate

+5.44%

Average Return

Recent Ratings Analysis

VRRM

May 27, 2026

Target

$8.00

Current

$13.08

Performance

—

David Koning rated VRRM as Neutral on May 27, 2026, setting a price target of 8. The Hold stance appears justified, as shares hovered around 13.08 with a % move.

BILL

May 11, 2026

Target

$54.00

Current

$34.90

Performance

-15.90%

On May 11, 2026, BILL was given a Neutral rating by David Koning, with a target price of 54. The rating provided protection from downside risk as the stock fell to 34.9.

G

May 11, 2026

Target

$45.00

Current

$31.19

Performance

-0.35%

G received a Neutral rating from David Koning on May 11, 2026, aiming for 45. Shares remained flat at 31.19, aligning with the neutral rating.

PAY

May 05, 2026

Target

$34.00

Current

$23.24

Performance

-11.90%

On May 05, 2026, David Koning published a Outperform outlook on PAY, with a target of 34. Market action contradicted the Buy thesis, as shares slipped to 23.24.

WEX

Apr 23, 2026

Target

$220.00

Current

$148.01

Performance

-4.36%

David Koning on Apr 23, 2026 assigned WEX a Outperform rating, with a price target of 220. The recommendation remains pending validation as shares consolidate around 148.01.

CTSH

Apr 10, 2026

Target

$72.00

Current

$51.81

Performance

-10.55%

On Apr 10, 2026, David Koning reaffirmed CTSH with a Neutral rating, targeting 72. The Hold stance reflected market caution that was later justified.

CPAY

Mar 31, 2026

Target

$380.00

Current

$349.61

Performance

20.15%

CPAY was rated Outperform by David Koning on Mar 31, 2026, with a price objective of 380. A bullish response from the market helped close the gap of 30.39 to the target.

CNXC

Mar 25, 2026

Target

$40.00

Current

$25.91

Performance

5.01%

On Mar 25, 2026, David Koning initiated coverage on CNXC with a Outperform rating and target of 40. The stock’s climb of 5.01% since the call highlights the foresight in the rating.

ACN

Mar 20, 2026

Target

$265.00

Current

$177.00

Performance

-11.50%

David Koning issued a Outperform recommendation for ACN on Mar 20, 2026, price target set at 265. The market hasn’t rewarded the bullish outlook, exposing uncertainty in the call.

CRCL

Mar 17, 2026

Target

$138.00

Current

$104.17

Performance

-21.27%

On Mar 17, 2026, CRCL was evaluated by David Koning, who gave a Outperform rating and target of 138. Investors saw limited payoff as shares fell short of the 138 target.

AFRM

Feb 20, 2026

Target

$55.00

Current

$69.27

Performance

35.58%

David Koning rated AFRM as Neutral on Feb 20, 2026, setting a price target of 55. Despite the Hold call, shares climbed 35.58% to 69.27, revealing unexpected momentum.

JKHY

Dec 15, 2025

Target

$200.00

Current

$137.36

Performance

-26.80%

On Dec 15, 2025, JKHY was given a Neutral rating by David Koning, with a target price of 200. The rating provided protection from downside risk as the stock fell to 137.36.

TASK

Oct 14, 2025

Target

$18.00

Current

$6.05

Performance

-56.38%

TASK received a Outperform rating from David Koning on Oct 14, 2025, aiming for 18. The rating hasn’t played out as hoped, with the stock trading 56.38% below expectations.

MA

Oct 06, 2025

Target

$660.00

Current

$493.01

Performance

-14.82%

On Oct 06, 2025, David Koning published a Outperform outlook on MA, with a target of 660. Market action contradicted the Buy thesis, as shares slipped to 493.01.

V

Oct 06, 2025

Target

$410.00

Current

$326.48

Performance

-6.53%

David Koning on Oct 06, 2025 assigned V a Outperform rating, with a price target of 410. The call has struggled to gain traction, with shares losing 6.53%.

TOST

Oct 06, 2025

Target

$36.00

Current

$23.32

Performance

-36.89%

On Oct 06, 2025, David Koning reaffirmed TOST with a Neutral rating, targeting 36. The Hold stance reflected market caution that was later justified.

FI

Jul 24, 2025

Target

$185.00

Current

$63.80

Performance

-54.45%

FI was rated Outperform by David Koning on Jul 24, 2025, with a price objective of 185. This case shows how bullish projections can fail, with the stock now below 63.8.

XYZ

Jul 21, 2025

Target

$84.00

Current

$69.15

Performance

-11.44%

On Jul 21, 2025, David Koning initiated coverage on XYZ with a Outperform rating and target of 84. The Buy call has yet to be validated as shares remain 14.85 away from the target.

FIS

Jul 16, 2025

Target

$86.00

Current

$42.22

Performance

-46.80%

David Koning issued a Neutral recommendation for FIS on Jul 16, 2025, price target set at 86. Market action validated the conservative Hold outlook with shares at 42.215.

AVDX

Feb 27, 2025

Target

$12.00

Current

$10.00

Performance

35.87%

On Feb 27, 2025, AVDX was evaluated by David Koning, who gave a Outperform rating and target of 12. This case illustrates how a timely bullish rating can translate into tangible gains of 35.87%.

WNS

Jan 24, 2025

Target

$66.00

Current

$76.48

Performance

22.54%

David Koning rated WNS as Outperform on Jan 24, 2025, setting a price target of 66. The call has proven timely, with shares rising 22.54% toward the price target of 66.

EXLS

Oct 10, 2024

Target

$40.00

Current

$28.95

Performance

-25.08%

On Oct 10, 2024, EXLS was given a Neutral rating by David Koning, with a target price of 40. The rating provided protection from downside risk as the stock fell to 28.95.

IBEX

Sep 16, 2024

Target

$23.00

Current

$32.22

Performance

61.58%

IBEX received a Outperform rating from David Koning on Sep 16, 2024, aiming for 23. Momentum has favored the Buy call, with shares climbing from 32.22 to 32.22, rewarding those who trusted the recommendation.

TWKS

May 08, 2024

Target

$6.00

Current

$4.47

Performance

45.60%

On May 08, 2024, David Koning published a Outperform outlook on TWKS, with a target of 6. Shares gained 45.60%, underscoring the accuracy of the bullish outlook toward 6.

SQ

May 03, 2024

Target

$100.00

Current

$83.46

Performance

20.14%

David Koning on May 03, 2024 assigned SQ a Outperform rating, with a price target of 100. The Buy call aligned well with market performance, producing a gain of 20.14%.

GPN

May 02, 2024

Target

$150.00

Current

$73.28

Performance

-33.71%

On May 02, 2024, David Koning reaffirmed GPN with a Outperform rating, targeting 150. Shares slid 33.71% despite the recommendation, highlighting downside risks.

Frequency Asked Questions

Who is David Koning?

David Koning is an analyst from Baird specializing in the Technology sector.

What is David Koning's success rate?

David Koning currently has a success rate of +92.77%.

How many ratings has David Koning issued?

David Koning has issued 34 stock ratings so far.

What is the average return of David Koning's calls?

Their stock ratings have generated an average return of +5.44%.

What is David Koning's ranking?

David Koning is ranked #1978 out of 4662 analysts.

What types of ratings does David Koning give?

Their ratings include Buy, Hold, and Sell recommendations, depending on the stock’s outlook.

How can I follow David Koning?

You can follow David Koning by clicking the "Follow Analyst" button on this page to receive updates on their stock calls.

What is the most recent rating by David Koning?

Their latest rating was a Hold on VRRM issued on 2026-05-27.

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