Independent research · Short Hills, United States · Founded 2003

Cross Research

Cross Research was an independent equity research firm based in Short Hills, New Jersey, best known for co-founder Shannon Cross's coverage of Apple and the IT hardware, imaging and technology supply-chain sectors.

Activity24M

RatingsPrice targets
Oct 2024 · Ratings 0 · Price targets 0Nov 2024 · Ratings 0 · Price targets 0Dec 2024 · Ratings 0 · Price targets 0Jan 2025 · Ratings 0 · Price targets 0Feb 2025 · Ratings 0 · Price targets 0Mar 2025 · Ratings 0 · Price targets 0Apr 2025 · Ratings 0 · Price targets 0May 2025 · Ratings 0 · Price targets 0Jun 2025 · Ratings 0 · Price targets 0Jul 2025 · Ratings 0 · Price targets 0Aug 2025 · Ratings 0 · Price targets 0Sep 2025 · Ratings 0 · Price targets 0Oct 2025 · Ratings 0 · Price targets 0Nov 2025 · Ratings 0 · Price targets 1Dec 2025 · Ratings 0 · Price targets 0Jan 2026 · Ratings 0 · Price targets 0Feb 2026 · Ratings 0 · Price targets 0Mar 2026 · Ratings 0 · Price targets 1Apr 2026 · Ratings 0 · Price targets 0May 2026 · Ratings 0 · Price targets 0Jun 2026 · Ratings 0 · Price targets 0Jul 2026 · Ratings 0 · Price targets 0Aug 2026 · Ratings 0 · Price targets 0Sep 2026 · Ratings 0 · Price targets 0
Oct '24Apr '25Oct '25Apr '26Sep '26

Key figures

Stocks covered
212M
Actions
212M
Ratings / Price targets
0 / 2
Median upside
+70.7%
On record
Dec 2012 – Mar 2026

Overview

Cross Research provided fundamental research to institutional clients on IT hardware, imaging technology, enterprise software and the electronics supply chain, with coverage including Apple, HP and Xerox. Its analysts also covered IT distribution and 3D printing companies. As of 2010 it covered companies in the US and Asia, and that year Boston broker Pulse Trading added it to its research partners platform.

Shannon Cross, previously an imaging technology analyst at Merrill Lynch, co-founded Cross Research in 2003 in Short Hills, New Jersey. The firm registered as an investment adviser in 2007. In April 2022 Cross and her team joined Credit Suisse to cover IT hardware, ending her 19 years at the firm.

Milestones

  1. 2003

    Founded by Shannon Cross in Short Hills, New Jersey

  2. 2007

    Registered as an investment adviser

  3. 2022

    Shannon Cross and team moved to Credit Suisse

Firm facts

Legal name
Cross Research LLC
Type
Independent research
Founded
2003
Headquarters
Short Hills, United States

Research philosophy

Through rigorous analysis and on the ground research, we provide our clients with unmatched coverage of technology companies and trends.
Shannon Cross, co-founder (2010)

Cross Research described itself as a pioneer in independent research and said its analysts were known for industry knowledge, contacts, company relationships and financial modeling. Its associates maintained financial models and industry databases and met company management.

Coverage12M

Sectors

Stocks2

Listing

  • United States100%

Most covered24M

StockRatingTargetActionsLast action
Cross Country Healthcare, Inc.CCRN—$141Mar 5
LiveRamp Holdings, Inc.RAMP—$531Nov 4

Most active analysts

  • Bill Sutherland1 notesCCRN

Recent actions

DateStockRating actionRatingTargetAnalyst
Mar 5Cross Country Healthcare, Inc.CCRNTarget$14Bill Sutherland
Nov 4, 2025LiveRamp Holdings, Inc.RAMPTarget$53
Mar 21, 2024Riot Platforms, Inc.RIOTTarget$15Upgrades Riot
Feb 24, 2022Stratasys Ltd.SSYSUpgradeHold →Buy
Jan 12, 2022TD SYNNEX CorporationSNXUpgradeHold →Buy
Jun 25, 2021Microsoft CorporationMSFTTarget$300Shannon Cross
May 6, 2021Flex Ltd.FLEXUpgradeHold →Buy
Jan 8, 2021Concentrix CorporationCNXCReiterateBuy
Dec 2, 2020NetApp, Inc.NTAPUpgradeHold →Buy
Jan 23, 2020Belden Inc.BDCDowngradeHold →Sell
Jan 21, 2020Amphenol CorporationAPHDowngradeHold →Sell
Jan 21, 2020Littelfuse, Inc.LFUSDowngradeHold →Sell