Boutique · New York, United States · Founded 1979

Rosenblatt Securities

rblt.com

Rosenblatt Securities is a New York agency broker, NYSE floor broker and technology-focused investment bank. Its equity research concentrates on technology, media and telecom, including semiconductors, software, internet and communications infrastructure.

Activity24M

RatingsPrice targets
Oct 2024 · Ratings 41 · Price targets 17Nov 2024 · Ratings 49 · Price targets 10Dec 2024 · Ratings 24 · Price targets 0Jan 2025 · Ratings 20 · Price targets 0Feb 2025 · Ratings 95 · Price targets 0Mar 2025 · Ratings 39 · Price targets 0Apr 2025 · Ratings 50 · Price targets 0May 2025 · Ratings 82 · Price targets 0Jun 2025 · Ratings 39 · Price targets 0Jul 2025 · Ratings 37 · Price targets 0Aug 2025 · Ratings 69 · Price targets 0Sep 2025 · Ratings 30 · Price targets 0Oct 2025 · Ratings 58 · Price targets 4Nov 2025 · Ratings 76 · Price targets 7Dec 2025 · Ratings 43 · Price targets 4Jan 2026 · Ratings 34 · Price targets 3Feb 2026 · Ratings 90 · Price targets 2Mar 2026 · Ratings 55 · Price targets 4Apr 2026 · Ratings 36 · Price targets 0May 2026 · Ratings 81 · Price targets 4Jun 2026 · Ratings 53 · Price targets 7Jul 2026 · Ratings 49 · Price targets 11Aug 2026 · Ratings 95 · Price targets 11Sep 2026 · Ratings 39 · Price targets 7
Oct '24Apr '25Oct '25Apr '26Sep '26

Key figures

Stocks covered
13312M
Actions
78112M
Ratings / Price targets
717 / 64
Upgrades / Downgrades
10 / 8
Buy-rated
86%of 125 rated
Median upside
+26.9%
Targets raised / lowered
29 / 13
On record
Feb 2015 – Sep 2026

Overview

Rosenblatt's Global Tech research group covers semiconductors, software, internet and digital media, communications and cloud infrastructure, and fintech and digital assets; most of its analysts come from industry roles. TipRanks ranked the firm in its top 20 for stock picking against the S&P 500 over the 24 months to December 2025. The firm has long described itself as a pure agent: in 2012 congressional testimony, Joe Gawronski, then its president, said it did no proprietary or principal trading and ran no exchanges or dark pools.

Richard Rosenblatt founded the firm in 1979 as Richard A. Rosenblatt & Co., a $2 floor broker on the NYSE handling overflow orders for other brokers. After the 1987 crash it turned to buy-side clients, offering direct electronic access to the NYSE and agency trading in Nasdaq stocks. Joe Gawronski, who joined in 2002 and started its market-structure practice, succeeded Rosenblatt as chief executive in 2022, with the founder remaining chairman.

Milestones

  1. 1979

    Founded by Richard Rosenblatt as an NYSE floor broker

  2. 1989

    Executed first electronic direct-market-access trade on the NYSE

  3. 2002

    Joe Gawronski joined and launched market-structure analysis

  4. 2012

    Added options trading

  5. 2022

    Gawronski succeeded founder as chief executive

Firm facts

Type
Boutique
Founded
1979
Headquarters
New York, United States
Chief Executive Officer
Joe Gawronski
Director of Research
Steve Frankel
Rating scale
BuyNeutralSell
Also filed as
Rosenblatt
Website
rblt.com

Research philosophy

We are committed to the business of making money for clients with differentiated research and becoming the premier Global Tech research boutique.
Rosenblatt Securities, Equity Research

Rosenblatt focuses on technology companies, particularly those developing products or business models that could reshape their industries. Analysts use field research to identify emerging trends early and work across sectors to connect related developments.

Rating methodology

Stocks are rated Buy, Neutral or Sell.

BuyNeutralSell

Coverage12M

Sectors

Stocks133

Ratings

  • Buy87%
  • Neutral13%
  • Sell1%

Listing

  • United States89%
  • Singapore2%
  • Cayman Islands2%
  • Canada2%
  • Israel2%

Most covered24M

StockRatingTargetActionsLast action
Canaan Inc.CANBuy$1.3028Sep 15
Bitdeer Technologies GroupBTDRBuy$5.9023Sep 15
NVIDIA CorporationNVDABuy$39023Sep 4
TeraWulf Inc.WULFBuy$1022Aug 21
IMAX CorporationIMAXBuy$6521Sep 9
Pegasystems Inc.PEGABuy$4721Jul 23
Ciena CorporationCIENBuy$52519Sep 17
CrowdStrike Holdings, Inc.CRWDBuy$20619Sep 4
Micron Technology, Inc.MUBuy$1,20019Jun 25
Apple Inc.AAPLNeutral$26118Sep 10

Most active analysts

  • Kevin Cassidy16 notesSTXAMBAAIP
  • Barton Crockett16 notesNFLXMETAGOOG
  • Mike Genovese12 notesCIENEXTRVIAV
  • Blair Abernethy9 notesADSKSNOWESTC
  • Catherine Trebnick7 notesFTNTPANWTWLO
  • Steve Frankel7 notesLINCDLBHLIT

Recent actions

DateStockRating actionRatingTarget
Sep 22Everest Re Group, Ltd.EGTarget$455
Sep 22Twilio Inc.TWLOReiterateBuy
Sep 22Xometry, Inc.XMTRReiterateBuy
Sep 21Securitize Corp.SECZReiterateBuy
Sep 18CoreWeave, Inc. Class A Common StockCRWVReiterateBuy
Sep 17Ciena CorporationCIENReiterateBuy
Sep 17ON Semiconductor CorporationONReiterateNeutral
Sep 16Ambarella, Inc.AMBAReiterateBuy
Sep 16Harmonic Inc.HLITReiterateBuy
Sep 15Canaan Inc.CANReiterateBuy
Sep 15Bitdeer Technologies GroupBTDRReiterateBuy
Sep 15Ribbon Communications Inc.RBBNDowngradeBuy →Neutral

Related firms