Barclays
Upgrade grade
B
Downgrade grade
C
Barclays is a major global financial institution founded in 1690 as a goldsmith's business in London, eventually becoming one of the world's largest investment banks through organic growth and strategic acquisitions including the American operations of Lehman Brothers during the 2008 financial crisis. The firm operates as a systemically important financial institution with significant scale across investment banking, equities research, and trading, having generated approximately 23,323 analyst ratings calls on U.S. equities in our database. Barclays is particularly well regarded for its deep coverage of technology, healthcare, financials, and telecommunications sectors, where their analysts combine detailed fundamental research with quantitative insights. The bank has built a distinctive research reputation for maintaining relatively independent and contrarian viewpoints, sometimes earning credibility by challenging consensus estimates—a quality that traces back to their historical emphasis on rigorous equity market analysis separate from banking advisory interests.
Upgrades
1,173
74.94% win rate
· avg +2.01% D1
Downgrades
1,284
73.36% win rate
· avg -2.24% D1
Avg Gap — Upgrades
+1.89%
open vs prev close
Avg Gap — Downgrades
-2.15%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Technology | 78.34% (157) | +2.80% | 77.60% (183) | -2.48% |
| Consumer Cyclical | 75.80% (157) | +2.54% | 76.16% (172) | -2.39% |
| Industrials | 73.03% (152) | +1.25% | 76.84% (177) | -2.31% |
| Financial Services | 72.22% (144) | +1.20% | 66.23% (151) | -1.11% |
| Energy | 73.24% (142) | +2.58% | 63.70% (146) | -1.04% |
| Healthcare | 80.28% (142) | +3.14% | 69.23% (143) | -3.96% |
| Utilities | 74.60% (63) | +0.71% | 80.65% (62) | -2.02% |
| Basic Materials | 71.93% (57) | +1.52% | 82.54% (63) | -2.91% |
| Real Estate | 79.63% (54) | +1.36% | 72.31% (65) | -1.52% |
| Communication Services | 71.15% (52) | +1.68% | 76.79% (56) | -1.75% |
| Consumer Defensive | 67.39% (46) | +0.85% | 77.97% (59) | -3.57% |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2026 | 69.4% | 108 | 68.3% | 104 |
| 2025 | 74.8% | 127 | 73.0% | 122 |
| 2024 | 74.8% | 107 | 82.7% | 110 |
| 2023 | 76.3% | 76 | 75.7% | 103 |
| 2022 | 75.3% | 77 | 76.5% | 119 |
| 2021 | 79.0% | 105 | 69.5% | 82 |
| 2020 | 65.2% | 112 | 62.7% | 110 |
| 2019 | 79.2% | 77 | 69.9% | 83 |
| 2018 | 81.8% | 77 | 67.7% | 62 |
| 2017 | 82.1% | 56 | 84.1% | 63 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| Oct 5, 2026 | QURE | uniQure N.V. | Healthcare | Downgrade | Overweight → Equal Weight | $28 | — | — |
| Oct 5, 2026 | EL | The Estée Lauder Companies Inc. | Consumer Defensive | Upgrade | Equal Weight → Overweight | $108 | — | — |
| Oct 2, 2026 | UMGNF | — | — | Upgrade | Equal Weight → Overweight | — | +0.3% | -0.3% |
| Oct 1, 2026 | WMB | The Williams Companies, Inc. | Energy | Initiates | Overweight | $82 | -0.2% | +1.8% |
| Oct 1, 2026 | AMRZ | Amrize Ltd | Basic Materials | Initiates | Equal Weight | $55 | +0.0% | -0.4% |
| Sep 30, 2026 | MBLY | Mobileye Global Inc. | Consumer Cyclical | Downgrade | Overweight → Equal Weight | $9 | -3.4% | -2.4% |
| Sep 28, 2026 | LBRT | Liberty Energy Inc. | Energy | Upgrade | Equal Weight → Overweight | $27 | +3.5% | +0.1% |
| Sep 28, 2026 | AESI | Atlas Energy Solutions Inc. | Energy | Upgrade | Underweight → Equal Weight | $14 | +2.2% | -1.4% |
| Sep 25, 2026 | LGND | Ligand Pharmaceuticals Incorporated | Healthcare | Initiates | Overweight | $345 | +1.4% | +0.8% |
| Sep 25, 2026 | HUM | Humana Inc. | Healthcare | Upgrade | Equal Weight → Overweight | $515 | +2.5% | +4.6% |
| Sep 24, 2026 | FCEL | FuelCell Energy, Inc. | Industrials | Initiates | Equal Weight | $20 | -4.2% | -4.6% |
| Sep 22, 2026 | DRVN | Driven Brands Holdings Inc. | Consumer Cyclical | Reiterates | Equal Weight | $14 | +0.1% | +1.3% |
| Sep 18, 2026 | TSEM | Tower Semiconductor Ltd. | Technology | Initiates | Overweight | $310 | +2.6% | +2.0% |
| Sep 17, 2026 | WBD | Warner Bros. Discovery, Inc. | Communication Services | Reiterates | Equal Weight | $29 | +0.9% | +0.6% |
| Sep 17, 2026 | PSKY | Paramount Skydance Corporation Class B Common Stock | Communication Services | Reiterates | Underweight | $8 | -0.4% | -4.7% |
| Sep 16, 2026 | TARS | Tarsus Pharmaceuticals, Inc. | Healthcare | Reiterates | Overweight | $110 | +0.2% | -0.8% |
| Sep 16, 2026 | CLLS | Cellectis S.A. | Healthcare | Downgrade | Overweight → Underweight | $1 | -11.2% | -14.3% |
| Sep 16, 2026 | ALVO | Alvotech | Healthcare | Upgrade | Underweight → Overweight | $8 | +7.6% | +1.6% |
| Sep 15, 2026 | WAY | Waystar Holding Corp. | Technology | Downgrade | Overweight → Equal Weight | $30 | +8.6% | +7.1% |
| Sep 15, 2026 | SRRK | Scholar Rock Holding Corporation | Healthcare | Downgrade | Overweight → Equal Weight | $58 | -2.1% | -3.6% |
| Sep 14, 2026 | ZIM | ZIM Integrated Shipping Services Ltd. | Industrials | Upgrade | Underweight → Equal Weight | $30 | +0.9% | +0.5% |
| Sep 9, 2026 | SGMT | Sagimet Biosciences Inc. | Healthcare | Upgrade | Equal Weight → Overweight | $18 | +5.0% | +1.4% |
| Sep 8, 2026 | JBTM | JBT Marel Corporation | Industrials | Initiates | Overweight | $150 | +1.0% | -1.5% |
| Sep 8, 2026 | ST | Sensata Technologies Holding plc | Technology | Upgrade | Equal Weight → Overweight | $55 | +2.5% | -1.1% |
| Sep 4, 2026 | WPC | W. P. Carey Inc. | Real Estate | Upgrade | Underweight → Equal Weight | $80 | -0.0% | +0.2% |