Top lists · Year in review
Analyst downgrades in 2025
Quantisnow recorded 3,711 analyst downgrades in 2025. The busiest month was January 2025, with 415. SRPT (Sarepta Therapeutics Inc.) had the most, with 20, ahead of FLNC (18).
Sell-side rating cuts, newest first, with the firm and the new rating.
- Events
- 3,711
- Monthly average
- 309
- over 12 months
- Busiest month
- Jan 2025
- 415 events
- Most frequent
- SRPT
- 20 events
By month
- Jan 2025415
- Feb 2025352
- Mar 2025243
- Apr 2025400
- May 2025329
- Jun 2025186
- Jul 2025400
- Aug 2025278
- Sep 2025242
- Oct 2025339
- Nov 2025245
- Dec 2025282
Companies with the most analyst downgrades
- 1SRPTSarepta Therapeutics Inc.20
- 2FLNCFluence Energy Inc.18
- 3LULUlululemon athletica inc.16
- 4FIFiserv Inc.15
- 5NOVASunnova Energy International Inc.13
- 6TTDThe Trade Desk Inc.12
- 7FTNTFortinet Inc.12
- 8EQNREquinor ASA12
- 9ENPHEnphase Energy Inc.12
- 10PLRXPliant Therapeutics Inc.11
- 11AMDAdvanced Micro Devices Inc.11
- 12AVTRAvantor Inc.11
- 13KMXCarMax Inc11
- 14CRWDCrowdStrike Holdings Inc.10
- 15NTLAIntellia Therapeutics Inc.10
- 16RCKTRocket Pharmaceuticals Inc.10
- 17STZConstellation Brands Inc.10
- 18SEDGSolarEdge Technologies Inc.9
- 19FCXFreeport-McMoRan Inc.9
- 20ARVNArvinas Inc.9
- 21CNCCentene Corporation9
- 22LENLennar Corporation9
- 23PGRProgressive Corporation9
- 24IBTAIbotta Inc.9
- 25AAPLApple Inc.9
Questions
- How many analyst downgrades were there in 2025?
- Quantisnow recorded 3,711 analyst downgrades in 2025. The busiest month was January 2025, with 415. SRPT (Sarepta Therapeutics Inc.) had the most, with 20, ahead of FLNC (18).
- Which companies had the most analyst downgrades in 2025?
- By count of events on Quantisnow: SRPT (20), FLNC (18), LULU (16), FI (15), NOVA (13).
- What is an analyst downgrade?
- A downgrade is a sell-side analyst lowering their rating on a stock, for example from Buy to Hold or from Outperform to Underperform. Downgrades are rarer than upgrades, which is why many traders weigh them more heavily.
- Why do analysts downgrade stocks?
- Common reasons are valuation after a strong run, slowing growth, a guidance cut, competitive pressure, or a change in the analyst's macro view. The research note usually spells out which one, and the headline typically names the firm and the new rating.