Cathie Wood

ARK's innovation strategies (e.g. ARKK) will triple to quintuple in value (30-40% compound annual return) between December 2021 and December 2026.

“if our research is correct – and I believe that our research on innovation is the best in the financial world – then our strategies will triple to quintuple in value over the next five years”

Said on

18 December 2021 · ARK market commentary letter; same passage says the strategies "could deliver a 30-40% compound annual rate of return during the next five years."

Source

Innovation Stocks Are Not in A Bubble: We Believe They Are in Deep Value Territory · ARK Invest

Should come true

Dec 2026

How sure they sounded

if our research is correct – and I believe that our research on innovation is the best

Categories

Markets

Importance

2 of 5 · A return forecast for her own funds, widely followed by retail investors.

Outcome

Inaccurate

ARKK traded in the low $90s in mid-December 2021, so tripling would need about $280 by December 2026. It closed at $81.65 on October 16, 2026, below where it started. A gain of more than 240% in the last ten weeks of the window is not realistic, so the outcome is already settled.

Evidence:

• https://stockanalysis.com/etf/arkk/history/