---
title: Fearful Analysts, Failing Deals: LLM-Based Analyst Sentiment in M&A Conference Calls
url: https://www.ml-quant.com/papers/ssrn/7604418/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-16
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7604418
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7604418
featured: 2026-10-16
citations: unknown
topic: LLMs & Text
---


# Fearful Analysts, Failing Deals: LLM-Based Analyst Sentiment in M&A Conference Calls

Language models analyzing analyst tone in M&A calls reveal that fear and anxiety about deals predict completion delays, failure, and long-run underperformance even when markets initially react favorably.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7604418
- Identifier: SSRN 7604418
- Released: 2026-10-13
- First featured: Quant Letter No. 135 (2026-10-16): https://www.ml-quant.com/issues/2026-10-16/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: LLMs & Text
- Authors: Ruiyuan Chen, Mohammadali Fallah, ahad koushan, Xinming Li, Yang Yang

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