How good are the forecasts of stockmarket analysts?

[winner69]

You might be right, though some of the stocks so far did ways outperform analyst forecasts and others did underperform them ...

As well, while you are absolutely correct that share price is value plus hype, am I not sure how to separate these two components. Not sure either whether it would be any helpful if you want to use analyst predictions to make money (I suppose most of us do). Nobody pays you for value without the hype.

Given that "the market is always right" is this as well the only fair method to assess the quality of forecasts.

Like it ....’the market is always right’ and your work seems to be heading towards ‘analysts are generally wrong’

But as long as punters believe they’re gurus they’ll still OK