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.

Top lists · Analyst moves

Analyst downgrades, September 2026

Quantisnow recorded 205 analyst downgrades in September 2026 across 173 companies. RARE (Ultragenyx Pharmaceutical Inc.) had the most, with 6, followed by COO (4) and FLNC (4). The busiest day was Sep 8, 2026, with 21.

Sell-side rating cuts, newest first, with the firm and the new rating.

Events: 205
Companies: 173
Busiest day: Sep 8; 21 that day
Most frequent: RARE; 6 events

Aug 2026 Oct 2026

Most frequent tickers

Newest firsttop 100 of 205

Year in review

Monthly archive

By sector (last 90 days)

Questions

How many analyst downgrades were there in September 2026?: Quantisnow recorded 205 analyst downgrades in September 2026 across 173 companies. RARE (Ultragenyx Pharmaceutical Inc.) had the most, with 6, followed by COO (4) and FLNC (4). The busiest day was Sep 8, 2026, with 21.
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.