The Benchmark Company
The Benchmark Company is a New York-based firm providing institutional research, sales and trading, and investment banking services. A StoneX Group subsidiary since 2025, it covers technology, healthcare, consumer, industrial and energy stocks.
Activity24M
RatingsPrice targetsKey figures
- Stocks covered
- 34912M
- Actions
- 73512M
- Ratings / Price targets
- 719 / 16
- Upgrades / Downgrades
- 23 / 40
- Initiations
- 51
- Buy-rated
- 81%of 349 rated
- Median upside
- +21.7%
- On record
- Feb 2012 – Sep 2026
Overview
The breadth and quality of our research product is critical to developing the institutional relationships that drive Benchmark’s other business segments including sales & trading and investment banking.
StoneX's equity research, delivered through Benchmark, covered more than 350 companies in six core sectors and over 30 industries as of 2026, from semiconductors and internet to energy, transportation and biotechnology. In June 2026 it added a Financial Institutions Group practice covering regional and community banks. Its annual Discovery conference gives institutional clients one-on-one meetings with the management of small and micro-cap companies, many under its coverage. As of 2026, StoneX says its senior analysts average over two decades of research experience, many with industry backgrounds.
Richard Messina founded The Benchmark Company in New York in 1988 as an institutionally focused research, sales and trading, and investment banking firm. Its research department reached 20 senior analysts in 2021, expanding coverage to more than 350 companies. StoneX Group announced the acquisition in March 2025 and completed it in August 2025, placing Benchmark in its Institutional division while keeping the brand; Messina remained CEO.
Milestones
- 1988
Richard Messina founds The Benchmark Company in New York
- 2021
Research team reaches 20 senior analysts
- 2025
StoneX Group completes acquisition of Benchmark
- 2026
Launches research on regional and community banks
Firm facts
- Legal name
- The Benchmark Company, LLC
- Type
- Boutique
- Founded
- 1988
- Headquarters
- New York, United States
- Parent
- StoneX Group Inc.
- Listing
- Nasdaq: SNEX
- Founder and CEO
- Richard Messina
- Rating scale
- BuySpeculative BuyHoldSell6-12 months
- Also filed as
- Benchmark · Benchmark Co.
- Website
- benchmarkcompany.com
Research philosophy
Benchmark describes itself as a research-driven firm. As of 2026, StoneX says its analysts emphasize primary research drawing on industry sources, competitors and experts.
Rating methodology
Ratings are Buy, Speculative Buy (market value below $100 million and/or higher financial risk), Hold and Sell, measured against the analyst's sector or industry index over 6–12 months.
Coverage12M
Sectors
Most covered24M
| Stock | Rating | Target |
|---|---|---|
 Tower Semiconductor Ltd.TSEM | Buy | — |
 J.B. Hunt Transport Services, Inc.JBHT | Buy | — |
 Plexus Corp.PLXS | Buy | — |
 Marvell Technology, Inc.MRVL | Buy | — |
 NVIDIA CorporationNVDA | Buy | $215 |
 Advanced Micro Devices, Inc.AMD | Buy | $95 |
 Flutter Entertainment plcFLUT | Buy | — |
 Dave Inc.DAVE | Buy | $320 |
 DraftKings Inc.DKNG | Buy | $50 |
 IMAX CorporationIMAX | Buy | — |
Most active analysts
- Michael Albanese1 notesSAH
Recent actions
| Date | Stock | Rating action | Rating |
|---|---|---|---|
| Sep 22 | WPW. P. Carey Inc.WPC | Initiate | Buy |
| Sep 9 |  Sarepta Therapeutics, Inc.SRPT | Reiterate | Sell |
| Aug 31 | RRRed Rock Resorts, Inc.RRR | Reiterate | Buy |
| Aug 31 | DIThe Walt Disney CompanyDIS | Reiterate | Buy |
| Aug 31 | WEWestrock Coffee Company, LLCWEST | Reiterate | Buy |
| Aug 31 |  Popular, Inc.BPOP | Reiterate | Buy |
| Aug 28 | MBMalibu Boats, Inc.MBUU | Reiterate | Buy |
| Aug 28 | GEGenius Sports LimitedGENI | Reiterate | Buy |
| Aug 28 | SRSportradar Group AGSRAD | Reiterate | Buy |
| Aug 28 | BIBilibili Inc.BILI | Reiterate | Buy |
| Aug 27 | FBFB | Reiterate | Hold |
| Aug 27 |  Quanex Building Products CorporationNX | Reiterate | Buy |