Data Freshness & Update Frequency
Different types of financial data update at different frequencies. Understanding these update cycles helps you interpret data correctly and know when to expect new information.Quick Reference
Price Data Updates
Real-Time Prices (Pro Users)
Pro subscribers receive continuous price updates during regular trading hours (9:30 AM - 4:00 PM ET, Monday-Friday excluding holidays). This includes last trade price, bid/ask prices, trading volume, and day’s high/low. Pre-market and after-hours data has limited visibility and may be delayed.Delayed Prices (Free Users)
Free users see prices with a 15-minute delay during market hours. Once the market closes, the final closing price is available without delay.Historical Prices
Available immediately for completed trading days, adjusted for splits and dividends. Generally available by evening of trade date.Financial Statement Updates
Filing Timelines
Quarterly reports (10-Q): Filed 40-45 days after quarter end, depending on company size. Annual reports (10-K): Filed 60-90 days after fiscal year end, depending on company size. Rallies update timing: Data available within 24-48 hours of SEC filing.Important Distinction
Rallies financial statement data comes from SEC filings, not earnings announcements. Expect a gap between when earnings are announced and when detailed financials appear.
Analyst Data Updates
Ratings and price targets: Update as analysts publish. Major companies see multiple updates per week; small caps may see rare updates. Consensus estimates: Rolling updates as individual analysts revise. EPS and revenue estimates recalculated automatically. Lag in our system: Usually same-day for major data providers; may take 1-2 days for all sources to sync.Insider Transaction Updates
Insiders must file SEC Form 4 within 2 business days of a transaction. Rallies displays this data within 24 hours of filing. Example timeline:
You’re always seeing transactions after the fact — no way to know about them until filed.
Institutional Ownership Updates
13F filings are due 45 days after quarter end:
This data is always retrospective. When you see Q4 data in February, it shows holdings as of December 31 — positions may have changed significantly since then.
Dividend & News Updates
Dividends: Information appears within 24 hours of company announcement. Dividend yield updates continuously as stock prices change. News: Updates continuously as stories are published. SEC filings appear within minutes; press releases within minutes to hours. We don’t track social media or message boards.Why Data Might Seem Stale
Normal Delays
Potential Issues
See Data Isn’t Loading or Updating for troubleshooting steps.
Free vs. Pro Differences
The primary difference is price quote speed. Fundamental data updates identically for both tiers.
Setting Expectations
What you can rely on:- Real-time prices (Pro) during market hours
- Financial data within 48 hours of SEC filing
- Insider transactions within 24 hours of Form 4 filing
- Dividend announcements within 24 hours
- Institutional holdings — always 45+ days old
- Small cap analyst coverage — unpredictable timing
- International data — may lag US data