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 | 66.7% | 12 | 52.9% | 17 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Jul 1, 2026 | PEP | PepsiCo, Inc. | Consumer Defensive | Reiterates | Mkt Perform | $142 | +1.3% | +4.3% |
| Jun 29, 2026 | QNT | — | — | Initiates | Outperform | $94 | +5.2% | -3.6% |
| Jun 26, 2026 | WAT | Waters Corporation | Healthcare | Reiterates | Outperform | $435 | +0.3% | -0.7% |
| Jun 26, 2026 | TMO | Thermo Fisher Scientific Inc. | Healthcare | Reiterates | Mkt Perform | $520 | +0.8% | +1.4% |
| Jun 26, 2026 | RVTY | Revvity, Inc. | Healthcare | Reiterates | Mkt Perform | $115 | -1.0% | -0.4% |
| Jun 26, 2026 | NTRA | Natera, Inc. | Healthcare | Reiterates | Outperform | $310 | +0.6% | +0.4% |
| Jun 26, 2026 | ILMN | Illumina, Inc. | Healthcare | Reiterates | Mkt Perform | $185 | -0.9% | -0.6% |
| Jun 26, 2026 | GH | Guardant Health, Inc. | Healthcare | Reiterates | Outperform | $175 | +1.9% | +4.4% |
| Jun 26, 2026 | ESS | Essex Property Trust, Inc. | Real Estate | Reiterates | Outperform | $320 | +1.0% | +3.4% |
| Jun 26, 2026 | AVTR | Avantor, Inc. | Healthcare | Reiterates | Mkt Perform | $10 | -0.5% | +2.0% |
| Jun 26, 2026 | A | Agilent Technologies, Inc. | Healthcare | Reiterates | Outperform | $155 | -0.3% | +0.4% |
| Jun 25, 2026 | SWGAY | — | — | Downgrade | Outperform → Mkt Perform | — | +1.4% | +2.0% |
| Jun 24, 2026 | NUVL | Nuvalent, Inc. | Healthcare | Downgrade | Outperform → Mkt Perform | $124 | +0.1% | +0.1% |
| Jun 17, 2026 | VST | Vistra Corp. | Utilities | Initiates | Outperform | $187 | -0.0% | +0.1% |
| Jun 17, 2026 | VG | Venture Global, Inc. | Energy | Initiates | Mkt Perform | $14 | -0.8% | -0.4% |
| Jun 17, 2026 | TE | T1 Energy Inc | Industrials | Initiates | Mkt Perform | $9 | +0.9% | +4.8% |
| Jun 17, 2026 | ORA | Ormat Technologies, Inc. | Utilities | Initiates | Underperform | $115 | -5.5% | -5.9% |
| Jun 17, 2026 | NEE | NextEra Energy, Inc. | Utilities | Initiates | Outperform | $107 | +0.0% | -0.6% |
| Jun 17, 2026 | GEV | GE Vernova Inc. | Utilities | Initiates | Outperform | $1206 | +1.5% | +6.8% |
| Jun 17, 2026 | FSLR | First Solar, Inc. | Energy | Initiates | Underperform | $217 | -0.7% | -3.6% |
| Jun 17, 2026 | FRVO | — | — | Initiates | Outperform | $47 | +1.0% | +7.6% |
| Jun 17, 2026 | ENPH | Enphase Energy, Inc. | Energy | Initiates | Mkt Perform | $56 | +1.1% | -4.9% |
| Jun 17, 2026 | CEG | Constellation Energy Corporation | Utilities | Initiates | Outperform | $296 | -0.2% | -0.3% |
| Jun 17, 2026 | LNG | Cheniere Energy, Inc. | Energy | Initiates | Mkt Perform | $283 | -0.8% | +0.2% |
| Jun 17, 2026 | BE | Bloom Energy Corporation | Industrials | Initiates | Mkt Perform | $276 | +0.9% | +1.5% |