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 | 68.1% | 72 | 64.5% | 62 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| May 22, 2026 | STLD | — | — | Initiates | Overweight | $270 | — | — |
| May 22, 2026 | SCCO | — | — | Initiates | Underweight | $148 | — | — |
| May 22, 2026 | NUE | — | — | Initiates | Overweight | $270 | — | — |
| May 22, 2026 | NEM | — | — | Initiates | Overweight | $133 | — | — |
| May 22, 2026 | MP | — | — | Initiates | Overweight | $69 | — | — |
| May 22, 2026 | HBM | — | — | Initiates | Overweight | $30 | — | — |
| May 22, 2026 | FCX | — | — | Initiates | Overweight | $77 | — | — |
| May 22, 2026 | CMC | — | — | Initiates | Equal Weight | $75 | — | — |
| May 22, 2026 | CLF | — | — | Initiates | Underweight | $9 | — | — |
| May 22, 2026 | CCJ | — | — | Initiates | Equal Weight | $108 | — | — |
| May 22, 2026 | B | — | — | Initiates | Equal Weight | $41 | — | — |
| May 22, 2026 | AEM | — | — | Initiates | Overweight | $213 | — | — |
| May 21, 2026 | INTU | — | — | Reiterates | Overweight | $443 | — | — |
| May 18, 2026 | YSWY | Yesway, Inc. | — | Initiates | Overweight | $31 | -2.4% | -2.2% |
| May 15, 2026 | PHR | Phreesia, Inc. | Healthcare | Downgrade | Overweight → Equal Weight | $10 | -2.1% | +0.0% |
| May 15, 2026 | DOCS | Doximity, Inc. | Healthcare | Downgrade | Overweight → Equal Weight | $20 | -0.3% | +5.3% |
| May 11, 2026 | MAIR | Madison Air Solutions Corporation | Industrials | Initiates | Overweight | $45 | +4.7% | +0.1% |
| May 8, 2026 | DLAKY | — | — | Downgrade | Equal Weight → Underweight | — | +0.0% | -0.1% |
| May 7, 2026 | NOV | NOV Inc. | Energy | Downgrade | Equal Weight → Underweight | $21 | -1.9% | -4.4% |
| May 7, 2026 | BKR | Baker Hughes Company | Energy | Downgrade | Overweight → Equal Weight | $74 | -2.1% | -4.7% |
| May 7, 2026 | RIG | Transocean Ltd. | Energy | Upgrade | Equal Weight → Overweight | $8 | -1.3% | -1.1% |
| May 7, 2026 | SDRL | Seadrill Limited | Energy | Upgrade | Equal Weight → Overweight | $59 | +0.4% | -1.3% |
| May 7, 2026 | PUMP | ProPetro Holding Corp. | Energy | Upgrade | Equal Weight → Overweight | $23 | +0.4% | -1.4% |
| May 7, 2026 | PTEN | Patterson-UTI Energy, Inc. | Energy | Upgrade | Equal Weight → Overweight | $15 | +0.0% | -1.5% |
| May 7, 2026 | NE | Noble Corporation Plc | Energy | Upgrade | Equal Weight → Overweight | $56 | -0.1% | -1.2% |