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David Koning

David Koning Analyst Performance

Senior Research Analyst Associate Director of Research at Robert W. Baird

David Koning is a stock analyst at Robert W. Baird across a range of sectors, covering 26 publicly traded companies. Over the past year, David Koning has issued 51 stock ratings, including buy and hold recommendations. While full access to David Koning's proprietary MarketBeat Analyst Ranking is reserved for MarketBeat All Access subscribers, the rating is updated daily to reflect the most recent analyst activity. This profile highlights David Koning's coverage history, rating activity, and performance tendencies - helping individual investors make more informed trading decisions.

Analyst Rankings, Coverage, and Performance Statistics

Average Return
00.00% 12-Month ROI
Success Rate
00.00% Profitable Ratings
Total Ratings
145 Last 10 Years
Buy Recommendations
60.31% 79 Buy Ratings
Companies Covered
26 Unique Companies

Ratings Distribution

RatingPercentageCount
Strong Buy0.0%0 ratings
Buy60.3%79 ratings
Hold39.7%52 ratings
Sell0.0%0 ratings

Out of 131 total stock ratings issued by David Koning at Robert W. Baird, the majority (60.3%) have been Buy recommendations, followed by 39.7% Hold.

Exchange Coverage

ExchangePercentageCount
NYSE
61.5% of companies on NYSE
16 companies
NASDAQ
38.5% of companies on NASDAQ
10 companies

David Koning, an analyst at Robert W. Baird, currently covers 26 companies listed on NYSE and NASDAQ, with the majority traded on NYSE.

Coverage Focus

Sector IconSectorPercentage
Finance
13 companies
50.0%
Industrials
8 companies
30.8%
Technology
5 companies
19.2%

David Koning of Robert W. Baird specializes in stock coverage within the Finance sector, with additional focus on Industrials and Technology companies.

Coverage Industries

IndustryPercentage
FINANCIAL SERVICES
13 companies
50.0%
PROFESSIONAL SERVICES
6 companies
23.1%
IT SERVICES
3 companies
11.5%
SOFTWARE
2 companies
7.7%
COMMERCIAL SERVICES & SUPPLIES
1 company
3.8%
BUILDING PRODUCTS
1 company
3.8%

About David Koning

David Koning is Baird’s Senior Research Analyst covering Financial Technology, Payments, and Services, as well as Associate Director of Research. Prior to joining Baird in 2002, he was an equity analyst at Holland Capital Management and a commercial lender and commercial credit analyst at Comerica Bank. David was ranked by TipRanks as No. 12 on the Top 25 Wall Street analysts of the decade list. He was ranked by TipRanks as No. 25 on the Top 100 Wall Street analysts of 2019 list. In 2016, he was ranked by Thomson Reuters Analyst Awards (StarMine) as the No. 2 earnings estimator in IT Services. David received a BA in Mathematics and Business from Calvin College and an MBA, with a concentration in Finance, from the University of Chicago.

David Koning's Ratings History at Robert W. Baird

Recommendation ROI is the percentage between the price on the Report Date to the price 12 months after the report date.
Available with a MarketBeat All Access Subscription
12-Month ROIUpgrade to All Access to use the All ROI Filter
CompanyReport DateActionReport Date Price12-Month
Price Target
Rating12-Month
Price & ROI
Details
IBEX Limited stock logo
IBEX
IBEX
9/28/2026Boost Price Target$44.53$44.00Neutral
Fidelity National Information Services, Inc. stock logo
FIS
Fidelity National Information Services
9/25/2026Lower Price Target$35.00$45.00Neutral
IBEX Limited stock logo
IBEX
IBEX
9/11/2026Boost Price Target$37.26$40.00Neutral
Block, Inc. stock logo
XYZ
Block
8/6/2026Set Price Target$79.46$105.00
Global Payments Inc. stock logo
GPN
Global Payments
8/6/2026Set Price Target$86.90$120.00
Corpay, Inc stock logo
CPAY
Corpay
8/6/2026Set Price Target$394.31$475.00
Paymentus Holdings, Inc. stock logo
PAY
Paymentus
8/4/2026Boost Price Target$34.34$38.00Neutral
Mastercard Incorporated stock logo
MA
Mastercard
7/31/2026Lower Price Target$567.21$660.00Outperform
Cognizant Technology Solutions Corporation stock logo
CTSH
Cognizant Technology Solutions
7/30/2026Set Price Target$53.19$68.00
ExlService Holdings, Inc. stock logo
EXLS
ExlService
7/30/2026Set Price Target$35.99$45.00Outperform
Paymentus Holdings, Inc. stock logo
PAY
Paymentus
7/30/2026Downgrade$36.62$34.00Neutral
ExlService Holdings, Inc. stock logo
EXLS
ExlService
7/30/2026Upgrade$34.36$45.00Outperform
Visa Inc. stock logo
V
Visa
7/29/2026Boost Price Target$366.49$420.00Outperform
Affirm Holdings, Inc. stock logo
AFRM
Affirm
7/14/2026Boost Price Target$81.93$82.00Neutral
Circle Internet Group, Inc. stock logo
CRCL
Circle Internet Group
7/13/2026Lower Price Target$66.37$100.00Outperform
Cognizant Technology Solutions Corporation stock logo
CTSH
Cognizant Technology Solutions
7/10/2026Lower Price Target$43.40$55.00Neutral
Toast, Inc. stock logo
TOST
Toast
7/8/2026Boost Price Target$29.62$33.00Neutral
Mastercard Incorporated stock logo
MA
Mastercard
7/7/2026Boost Price Target$533.39$680.00Outperform
Genpact Limited stock logo
G
Genpact
7/7/2026Lower Price Target$28.97$38.00Neutral
Visa Inc. stock logo
V
Visa
7/6/2026Set Price Target$357.22$412.00Outperform
Block, Inc. stock logo
XYZ
Block
7/2/2026Boost Price Target$80.52$100.00Outperform
Concentrix Corporation stock logo
CNXC
Concentrix
6/30/2026Lower Price Target$25.23$30.00Outperform
Accenture PLC stock logo
ACN
Accenture
6/18/2026Set Price Target$126.75$190.00
Verra Mobility Corp stock logo
VRRM
Verra Mobility
6/2/2026Lower Price Target$4.89$6.00Neutral
Verra Mobility Corp stock logo
VRRM
Verra Mobility
5/27/2026Reiterated Rating$13.08$8.00Neutral
Verra Mobility Corp stock logo
VRRM
Verra Mobility
5/27/2026Downgrade$3.85$8.00Neutral
BILL Holdings, Inc. stock logo
BILL
BILL
5/11/2026Boost Price Target$41.55$54.00Neutral
Genpact Limited stock logo
G
Genpact
5/11/2026Lower Price Target$32.52$45.00Neutral
Verra Mobility Corp stock logo
VRRM
Verra Mobility
5/8/2026Set Price Target$14.33$20.00
Affirm Holdings, Inc. stock logo
AFRM
Affirm
5/8/2026Set Price Target$65.41$70.00
Paymentus Holdings, Inc. stock logo
PAY
Paymentus
5/5/2026Boost Price Target$28.63$34.00Outperform
WEX Inc. stock logo
WEX
WEX
4/23/2026Boost Price Target$185.26$220.00Outperform
Cognizant Technology Solutions Corporation stock logo
CTSH
Cognizant Technology Solutions
4/10/2026Set Price Target$57.62$72.00Neutral
Corpay, Inc stock logo
CPAY
Corpay
3/31/2026Lower Price Target$290.62$380.00Outperform
Concentrix Corporation stock logo
CNXC
Concentrix
3/25/2026Lower Price Target$26.48$40.00Outperform
Accenture PLC stock logo
ACN
Accenture
3/20/2026Lower Price Target$203.16$265.00Outperform
Circle Internet Group, Inc. stock logo
CRCL
Circle Internet Group
3/17/2026Boost Price Target$125.97$138.00Outperform
ExlService Holdings, Inc. stock logo
EXLS
ExlService
2/25/2026Set Price Target$28.31$35.00
Affirm Holdings, Inc. stock logo
AFRM
Affirm
2/19/2026Initiated Coverage$51.82$55.00Neutral
Affirm Holdings, Inc. stock logo
AFRM
Affirm
2/19/2026Upgrade$51.09Hold
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Jack Henry & Associates, Inc. stock logo
JKHY
Jack Henry & Associates
2/5/2026Upgrade$173.78$205.00Outperform
Concentrix Corporation stock logo
CNXC
Concentrix
1/14/2026Set Price Target$41.64$52.00
Jack Henry & Associates, Inc. stock logo
JKHY
Jack Henry & Associates
12/15/2025Boost Price Target$186.53$200.00Neutral
Circle Internet Group, Inc. stock logo
CRCL
Circle Internet Group
11/13/2025Lower Price Target$86.00$110.00Neutral
Visa Inc. stock logo
V
Visa
10/29/2025Set Price Target$347.93$425.00
Jack Henry & Associates, Inc. stock logo
JKHY
Jack Henry & Associates
10/17/2025Set Price Target$153.01$172.00
TaskUs, Inc. stock logo
TASK
TaskUs
10/9/2025Boost Price Target$14.96$18.00Outperform
Visa Inc. stock logo
V
Visa
10/6/2025Set Price Target$349.90$410.00Outperform
Toast, Inc. stock logo
TOST
Toast
10/6/2025Lower Price Target$36.58$36.00Neutral
Mastercard Incorporated stock logo
MA
Mastercard
10/6/2025Boost Price Target$581.08$660.00Outperform
WEX Inc. stock logo
WEX
WEX
10/1/2025Boost Price Target$157.38$210.00Outperform
Concentrix Corporation stock logo
CNXC
Concentrix
9/29/2025Lower Price Target$47.66$62.00Outperform
Accenture PLC stock logo
ACN
Accenture
9/26/2025Lower Price Target$233.47$330.00Outperform
Toast, Inc. stock logo
TOST
Toast
9/22/2025Set Price Target$38.94$48.00
Concentrix Corporation stock logo
CNXC
Concentrix
9/18/2025Boost Price Target$55.49$75.00Outperform
Accenture PLC stock logo
ACN
Accenture
9/16/2025Lower Price Target$237.87$350.00Outperform
Verra Mobility Corp stock logo
VRRM
Verra Mobility
8/21/2025Boost Price Target$24.92$30.00Outperform
Jack Henry & Associates, Inc. stock logo
JKHY
Jack Henry & Associates
8/20/2025Lower Price Target$160.63$185.00Neutral
Circle Internet Group, Inc. stock logo
CRCL
Circle Internet Group
8/13/2025Lower Price Target$163.24$185.00Neutral
WEX Inc. stock logo
WEX
WEX
7/24/2025Boost Price Target$163.47$198.00Outperform
Fiserv, Inc. stock logo
FISV
Fiserv
7/24/2025Lower Price Target$143.07$185.00Outperform
Block, Inc. stock logo
XYZ
Block
7/21/2025Boost Price Target$72.86$84.00Outperform
BILL Holdings, Inc. stock logo
BILL
BILL
7/18/2025Lower Price Target$47.36$52.00Neutral
Fidelity National Information Services, Inc. stock logo
FIS
Fidelity National Information Services
7/16/2025Boost Price Target$78.83$86.00Neutral
Circle Internet Group, Inc. stock logo
CRCL
Circle Internet Group
7/11/2025Initiated Coverage$201.96$210.00Neutral
Concentrix Corporation stock logo
CNXC
Concentrix
6/26/2025Boost Price Target$54.17$72.00Outperform
Fiserv, Inc. stock logo
FISV
Fiserv
6/18/2025Lower Price Target$161.75$225.00Outperform
Corpay, Inc stock logo
CPAY
Corpay
6/10/2025Set Price Target$350.74$440.00
Paymentus Holdings, Inc. stock logo
PAY
Paymentus
6/4/2025Boost Price Target$38.59$40.00Outperform
TaskUs, Inc. stock logo
TASK
TaskUs
5/12/2025Downgrade$16.85$16.50Neutral
AvidXchange Holdings, Inc. stock logo
AVDX
AvidXchange
5/8/2025Reiterated Rating$9.74$10.00Neutral
Verra Mobility Corp stock logo
VRRM
Verra Mobility
5/8/2025Boost Price Target$24.00$28.00Outperform
Genpact Limited stock logo
G
Genpact
5/8/2025Lower Price Target$40.65$50.00Neutral
Paymentus Holdings, Inc. stock logo
PAY
Paymentus
5/6/2025Boost Price Target$34.29$36.00Outperform
Cognizant Technology Solutions Corporation stock logo
CTSH
Cognizant Technology Solutions
5/1/2025Boost Price Target$73.57$82.00Neutral
Verra Mobility Corp stock logo
VRRM
Verra Mobility
4/22/2025Upgrade$20.99$27.00Outperform
Global Payments Inc. stock logo
GPN
Global Payments
4/21/2025Lower Price Target$69.50$100.00Outperform
Cognizant Technology Solutions Corporation stock logo
CTSH
Cognizant Technology Solutions
4/8/2025Lower Price Target$67.38$78.00Neutral
Block, Inc. stock logo
XYZ
Block
4/8/2025Lower Price Target$50.48$80.00Outperform
Paymentus Holdings, Inc. stock logo
PAY
Paymentus
4/4/2025Lower Price Target$25.53$30.00Outperform
Fidelity National Information Services, Inc. stock logo
FIS
Fidelity National Information Services
4/4/2025Boost Price Target$74.46$82.00Neutral
BILL Holdings, Inc. stock logo
BILL
BILL
4/4/2025Lower Price Target$42.65$55.00Neutral
Accenture PLC stock logo
ACN
Accenture
3/17/2025Upgrade$318.28$390.00Outperform
Paymentus Holdings, Inc. stock logo
PAY
Paymentus
3/11/2025Lower Price Target$24.92$36.00Outperform
AvidXchange Holdings, Inc. stock logo
AVDX
AvidXchange
2/27/2025Lower Price Target$7.26$12.00Outperform
Toast, Inc. stock logo
TOST
Toast
2/20/2025Boost Price Target$39.58$40.00Neutral
WNS (Holdings) Limited stock logo
WNS
WNS
1/24/2025Boost Price Target$60.84$66.00Outperform
Visa Inc. stock logo
V
Visa
10/17/2024Boost Price Target$287.51$330.00Outperform
Jack Henry & Associates, Inc. stock logo
JKHY
Jack Henry & Associates
10/17/2024Boost Price Target$185.67$195.00Neutral