Bernstein
Upgrade grade
C
Downgrade grade
C
Sanford C. Bernstein & Co., founded in 1967, is a premier global investment bank and equity research powerhouse known for its rigorous, fundamental approach to securities analysis. With approximately 1,712 analyst rating calls on US equities in our database, Bernstein represents a significant voice in institutional equity research and maintains a reputation for independent thinking and deep sector expertise. The firm is particularly renowned for its coverage of consumer discretionary, healthcare, technology, and industrial companies, where their analysts are known for combining quantitative rigor with qualitative insight. Bernstein is distinctive in its commitment to detailed bottom-up research and historical willingness to challenge consensus views, earning respect from institutional investors who value contrarian perspectives backed by meticulous company and industry analysis.
Upgrades
320
72.19% win rate
· avg +1.77% D1
Downgrades
292
71.58% win rate
· avg -1.66% D1
Avg Gap — Upgrades
+1.60%
open vs prev close
Avg Gap — Downgrades
-1.65%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Technology | 76.74% (43) | +2.72% | 78.72% (47) | -2.40% |
| Energy | 69.05% (42) | +2.90% | 67.44% (43) | -2.68% |
| Industrials | 81.82% (44) | +1.44% | 71.05% (38) | -0.91% |
| Consumer Cyclical | 66.67% (45) | +2.06% | 65.71% (35) | -1.08% |
| Consumer Defensive | 65.12% (43) | +1.13% | 72.97% (37) | -1.61% |
| Healthcare | 74.29% (35) | +1.85% | 68.00% (25) | -1.39% |
| Financial Services | 75.00% (28) | +1.25% | 76.92% (26) | -1.35% |
| Communication Services | 82.35% (17) | +1.10% | 65.00% (20) | -2.08% |
| Basic Materials | 56.25% (16) | +0.10% | 66.67% (15) | -0.22% |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2026 | 72.7% | 11 | — | — |
| 2025 | 85.7% | 14 | 52.6% | 19 |
| 2024 | 71.4% | 28 | 63.3% | 30 |
| 2023 | 67.9% | 28 | 64.5% | 31 |
| 2022 | 73.7% | 19 | 65.0% | 20 |
| 2021 | 78.3% | 23 | 81.8% | 11 |
| 2020 | 61.8% | 34 | 80.6% | 36 |
| 2019 | 65.0% | 20 | 77.3% | 22 |
| 2018 | 71.0% | 31 | 70.6% | 17 |
| 2017 | 77.3% | 22 | 85.7% | 21 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| May 19, 2026 | AMT | American Tower Corporation | Real Estate | Upgrade | Mkt Perform → Outperform | $207 | +0.9% | +3.2% |
| May 18, 2026 | LMT | Lockheed Martin Corporation | Industrials | Reiterates | Mkt Perform | $614 | +0.3% | +2.4% |
| May 18, 2026 | SFTBY | — | — | Initiates | Outperform | — | +1.8% | +1.7% |
| May 18, 2026 | ARM | Arm Holdings plc American Depositary Shares | Technology | Initiates | Outperform | $300 | +0.3% | +2.8% |
| May 12, 2026 | SUNB | Sunbelt Rentals Holdings Inc | Financial Services | Initiates | Outperform | $86 | -0.1% | +0.8% |
| May 7, 2026 | CNH | CNH Industrial N.V. | Industrials | Initiates | Mkt Perform | $11 | +0.0% | +0.2% |
| May 6, 2026 | BRBR | BellRing Brands, Inc. | Consumer Defensive | Downgrade | Outperform → Mkt Perform | $11 | -4.0% | +4.3% |
| May 6, 2026 | DECK | Deckers Outdoor Corporation | Consumer Cyclical | Upgrade | Underperform → Mkt Perform | $100 | +4.5% | +5.5% |
| May 6, 2026 | AMD | Advanced Micro Devices, Inc. | Technology | Upgrade | Mkt Perform → Outperform | $525 | +15.3% | +18.6% |
| Apr 30, 2026 | ETSY | Etsy, Inc. | Consumer Cyclical | Maintains | Market Perform → Market Perform | — | -3.2% | -7.6% |
| Apr 30, 2026 | KLAC | KLA Corporation | Technology | Maintains | Outperform → Outperform | — | -7.1% | -3.6% |
| Apr 30, 2026 | AMZN | Amazon.com, Inc. | Consumer Cyclical | Maintains | Outperform → Outperform | — | +3.9% | +0.8% |
| Apr 30, 2026 | MSFT | Microsoft Corporation | Technology | Maintains | Outperform → Outperform | — | -3.2% | -3.9% |
| Apr 30, 2026 | GOOGL | Alphabet Inc. | Communication Services | Maintains | Market Perform → Market Perform | — | +6.9% | +10.0% |
| Apr 30, 2026 | AMZN | Amazon.com, Inc. | Consumer Cyclical | Reiterates | Outperform | $315 | +3.9% | +0.8% |
| Apr 29, 2026 | SYY | Sysco Corporation | Consumer Defensive | Maintains | Market Perform → Market Perform | — | -1.2% | +0.8% |
| Apr 29, 2026 | NXPI | NXP Semiconductors N.V. | Technology | Maintains | Market Perform → Market Perform | — | +22.1% | +25.5% |
| Apr 27, 2026 | CPB | Campbell Soup Company | Consumer Defensive | Downgrade | Outperform → Market Perform | — | -2.3% | -0.3% |
| Apr 27, 2026 | TKO | TKO Group Holdings, Inc. | Communication Services | Maintains | Outperform → Outperform | — | -0.3% | -0.2% |
| Apr 27, 2026 | RIO | Rio Tinto Group | Basic Materials | Maintains | Outperform → Outperform | — | +0.3% | +0.3% |
| Apr 27, 2026 | CPB | Campbell Soup Company | Consumer Defensive | Downgrade | Outperform → Mkt Perform | $21 | -2.3% | -0.3% |
| Apr 21, 2026 | GWW | W.W. Grainger, Inc. | Industrials | Maintains | Market Perform → Market Perform | — | -0.0% | +0.7% |
| Apr 16, 2026 | JD | JD.com, Inc. | Consumer Cyclical | Maintains | Outperform → Outperform | — | +0.3% | -0.4% |
| Apr 16, 2026 | INTC | Intel Corporation | Technology | Maintains | Market Perform → Market Perform | — | -0.0% | +5.5% |
| Apr 16, 2026 | AMD | Advanced Micro Devices, Inc. | Technology | Maintains | Market Perform → Market Perform | — | +2.7% | +7.8% |