David Koning

Baird | Technology

David Koning is an analyst from Baird specializing in the Technology sector. Ranked #1907 out of 4548 analysts, they have issued 35 stock ratings with a success rate of 93.10% and an average return of 12.53%.

David Koning has a well-established track record, with 35 ratings issued in the Technology sector. They have consistently delivered a success rate of 93.10% and an average return of 12.53%, underscoring their expertise and ability to identify winning opportunities for investors.

#1907

Out of 4548

35

Total Ratings

+93.10%

Success Rate

+12.53%

Average Return

Recent Ratings Analysis

AFRM

Feb 20, 2026

Target

$55.00

Current

$51.09

Performance

0.00%

David Koning rated AFRM as Neutral on Feb 20, 2026, setting a price target of 55. The Hold stance appears justified, as shares hovered around 51.09 with a 0.00% move.

JKHY

Dec 15, 2025

Target

$200.00

Current

$159.19

Performance

-15.17%

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 159.19.

CRCL

Nov 14, 2025

Target

$110.00

Current

$63.02

Performance

-23.04%

CRCL received a Outperform rating from David Koning on Nov 14, 2025, aiming for 110. The rating hasn’t played out as hoped, with the stock trading 23.04% below expectations.

TASK

Oct 14, 2025

Target

$18.00

Current

$10.72

Performance

-22.71%

On Oct 14, 2025, David Koning published a Outperform outlook on TASK, with a target of 18. Market action contradicted the Buy thesis, as shares slipped to 10.72.

MA

Oct 06, 2025

Target

$660.00

Current

$526.41

Performance

-9.05%

David Koning on Oct 06, 2025 assigned MA a Outperform rating, with a price target of 660. The call has struggled to gain traction, with shares losing 9.05%.

V

Oct 06, 2025

Target

$410.00

Current

$320.95

Performance

-8.11%

On Oct 06, 2025, David Koning reaffirmed V with a Outperform rating, targeting 410. Shares slid 8.11% despite the recommendation, highlighting downside risks.

TOST

Oct 06, 2025

Target

$36.00

Current

$27.07

Performance

-26.74%

TOST was rated Neutral by David Koning on Oct 06, 2025, with a price objective of 36. Investors who stayed cautious avoided some of the 26.74% decline.

WEX

Oct 01, 2025

Target

$210.00

Current

$157.37

Performance

-1.41%

On Oct 01, 2025, David Koning initiated coverage on WEX with a Outperform rating and target of 210. Neutral price movement of -1.41% leaves room for interpretation.

CNXC

Sep 29, 2025

Target

$62.00

Current

$32.85

Performance

-31.32%

David Koning issued a Outperform recommendation for CNXC on Sep 29, 2025, price target set at 62. The market hasn’t rewarded the bullish outlook, exposing uncertainty in the call.

ACN

Sep 26, 2025

Target

$330.00

Current

$215.35

Performance

-9.88%

On Sep 26, 2025, ACN was evaluated by David Koning, who gave a Outperform rating and target of 330. Investors saw limited payoff as shares fell short of the 330 target.

VRRM

Aug 21, 2025

Target

$30.00

Current

$18.94

Performance

-23.01%

David Koning rated VRRM as Outperform on Aug 21, 2025, setting a price target of 30. The stock has underperformed, dropping 23.01% despite the bullish target of 30.

FI

Jul 24, 2025

Target

$185.00

Current

$63.80

Performance

-54.45%

On Jul 24, 2025, FI was given a Outperform rating by David Koning, with a target price of 185. Despite the Buy call, shares fell from 63.8 to 63.8, challenging the optimistic stance.

XYZ

Jul 21, 2025

Target

$84.00

Current

$53.22

Performance

-31.84%

XYZ received a Outperform rating from David Koning on Jul 21, 2025, aiming for 84. The rating hasn’t played out as hoped, with the stock trading 31.84% below expectations.

BILL

Jul 18, 2025

Target

$52.00

Current

$46.20

Performance

0.74%

On Jul 18, 2025, David Koning published a Neutral outlook on BILL, with a target of 52. Sideways action left the Hold view intact, with no major move since 46.2.

FIS

Jul 16, 2025

Target

$86.00

Current

$49.13

Performance

-38.08%

David Koning on Jul 16, 2025 assigned FIS a Neutral rating, with a price target of 86. The call successfully avoided chasing as shares lost 38.08%.

CTSH

Apr 08, 2025

Target

$78.00

Current

$65.03

Performance

-2.17%

On Apr 08, 2025, David Koning reaffirmed CTSH with a Neutral rating, targeting 78. The neutral call matched muted market action of -2.17%.

PAY

Apr 04, 2025

Target

$30.00

Current

$25.92

Performance

7.42%

PAY was rated Outperform by David Koning on Apr 04, 2025, with a price objective of 30. A bullish response from the market helped close the gap of 4.08 to the target.

AVDX

Feb 27, 2025

Target

$12.00

Current

$10.00

Performance

35.87%

On Feb 27, 2025, David Koning initiated coverage on AVDX with a Outperform rating and target of 12. The stock’s climb of 35.87% since the call highlights the foresight in the rating.

WNS

Jan 24, 2025

Target

$66.00

Current

$76.48

Performance

22.54%

David Koning issued a Outperform recommendation for WNS on Jan 24, 2025, price target set at 66. Investors following the Buy call captured upside momentum, with shares now at 76.48.

EXLS

Oct 10, 2024

Target

$40.00

Current

$30.07

Performance

-22.18%

On Oct 10, 2024, EXLS was evaluated by David Koning, who gave a Neutral rating and target of 40. The Hold call avoided chasing into subsequent weakness of 22.18%.

G

Oct 09, 2024

Target

$44.00

Current

$38.93

Performance

-0.13%

David Koning rated G as Neutral on Oct 09, 2024, setting a price target of 44. The Hold stance appears justified, as shares hovered around 38.93 with a -0.13% move.

IBEX

Sep 16, 2024

Target

$23.00

Current

$29.55

Performance

48.19%

On Sep 16, 2024, IBEX was given a Outperform rating by David Koning, with a target price of 23. The stock rallied 48.19% after the rating, narrowing the gap to the target of 23 and validating the bullish stance.

TWKS

May 08, 2024

Target

$6.00

Current

$4.47

Performance

45.60%

TWKS received a Outperform rating from David Koning on May 08, 2024, aiming for 6. Momentum has favored the Buy call, with shares climbing from 4.47 to 4.47, rewarding those who trusted the recommendation.

SQ

May 03, 2024

Target

$100.00

Current

$83.46

Performance

20.14%

On May 03, 2024, David Koning published a Outperform outlook on SQ, with a target of 100. Shares gained 20.14%, underscoring the accuracy of the bullish outlook toward 100.

GPN

May 02, 2024

Target

$150.00

Current

$82.47

Performance

-25.39%

David Koning on May 02, 2024 assigned GPN a Outperform rating, with a price target of 150. The call has struggled to gain traction, with shares losing 25.39%.

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 +93.10%.

How many ratings has David Koning issued?

David Koning has issued 35 stock ratings so far.

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

Their stock ratings have generated an average return of +12.53%.

What is David Koning's ranking?

David Koning is ranked #1907 out of 4548 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 AFRM issued on 2026-02-20.

Stocks Telegraph provides information and tools designed to assist investors and Wall Street players. A major goal is to offer financiers comprehensive information that will help them gain insight into investing.

Stocks Telegraph does not provide any advice or recommendations for buying or selling stocks, securities, or other financial products. Information contained on this website is for informational purposes only and should not be construed as professional financial, investment or other advice. Stocks Telegraph is not liable for any loss or damage that may occur as a result of reliance on this data.

© 2026 Stocks Telegraph All rights reserved.
Most stock quote data provided by Financial Modeling Prep