William Blair

William Blair & Company, L.L.C.

William Blair is an independent, employee-owned investment bank and asset manager headquartered in Chicago. Its equity research focuses on high-quality growth companies, mostly small and mid caps, and covered more than 700 companies as of June 2026.

Company history

William McCormick Blair and Francis Bonner opened Blair, Bonner & Company in Chicago on January 8, 1935; after Bonner left in 1941, the firm became William Blair & Company. It has remained independent and employee-owned, with its broker-dealer controlled by holding partnership WBC Holdings, L.P. It runs investment banking, investment management and private wealth businesses from more than 30 offices, including strategic alliances, and Brent Gledhill has been chief executive since January 2022.

  1. 1935Blair, Bonner & Company opens in Chicago
  2. 1941Renamed William Blair & Company after Francis Bonner departs
  3. 1976Launches Current Better Values list of growth ideas
  4. 2022Brent Gledhill becomes CEO; John Kreger named research director

Research

About 110 analysts and research professionals cover more than 700 companies across seven growth-oriented sectors—consumer; energy and power technologies; financial services and technology; industrials; global services; healthcare; and technology, media and communications—with over 70% of coverage in small- and mid-cap growth companies as of June 2026. Its Current Better Values list of growth ideas dates to 1976. Stocks are rated Outperform, Market Perform or Underperform relative to the broader market, generally the S&P 500, over 12 months.

Coverage12M

Stocks
191
Ratings
180
Price targets
31
Median upside
+20.1%
Upgrades
29
Downgrades
85
Initiations
33
Reiterations
33
Targets raised
0
Targets cut
1
  • Positive43%71
  • Neutral54%89
  • Negative3%5

Sectors

  • Information Technology26%
  • Health Care25%
  • Industrials13%
  • Consumer Discretionary13%
  • Financials9%
  • Communication Services5%
  • Materials4%

Ratings

  • Market Perform51%
  • Outperform43%
  • Underperform4%
  • Buy2%
  • Hold1%
  • Underweight1%

Listing

  • United States90%
  • Ireland2%
  • Israel2%
  • Netherlands1%
  • Switzerland1%

Activity24M

RatingsPrice targets56
Oct 2024 · Ratings 3 · Price targets 0Nov 2024 · Ratings 9 · Price targets 0Dec 2024 · Ratings 2 · Price targets 0Jan 2025 · Ratings 8 · Price targets 0Feb 2025 · Ratings 12 · Price targets 0Mar 2025 · Ratings 10 · Price targets 1Apr 2025 · Ratings 4 · Price targets 0May 2025 · Ratings 4 · Price targets 0Jun 2025 · Ratings 3 · Price targets 0Jul 2025 · Ratings 10 · Price targets 0Aug 2025 · Ratings 3 · Price targets 0Sep 2025 · Ratings 2 · Price targets 0Oct 2025 · Ratings 9 · Price targets 0Nov 2025 · Ratings 16 · Price targets 0Dec 2025 · Ratings 7 · Price targets 1Jan 2026 · Ratings 3 · Price targets 3Feb 2026 · Ratings 6 · Price targets 1Mar 2026 · Ratings 13 · Price targets 8Apr 2026 · Ratings 7 · Price targets 0May 2026 · Ratings 5 · Price targets 1Jun 2026 · Ratings 14 · Price targets 1Jul 2026 · Ratings 32 · Price targets 2Aug 2026 · Ratings 43 · Price targets 13Sep 2026 · Ratings 25 · Price targets 1
Oct '24Oct '25Sep '26

Most covered24M

StockRatingTargetActionsLast action
PSNParsons CorporationBuy6Jul 29
PLTRPalantir Technologies Inc.Outperform$845Aug 26
CRLCharles River Laboratories International, Inc.Outperform3Oct 6
KRROKorro Bio, Inc.Outperform$103Feb 17
SPCXSpace Exploration Technologies Corp.Outperform3Sep 11
APEIAmerican Public Education, Inc.Outperform$582Mar 13
ARGXargenx SEOutperform2Aug 17
BAHBooz Allen Hamilton Holding CorporationOutperform2Jul 22
BDSXBiodesix, Inc.Outperform2Feb 27
BIRKBirkenstock Holding plcMarket Perform$442Aug 3

Analysts24M

  • Myles MinterKRRO1
  • Sharon ZackfiaBIRK1

Recent actions

StockRating actionRatingDate
Brinker International, Inc.EATDowngradeUnderperformSep 22
Coinbase Global, Inc.COINReiterateOutperformSep 22
Endava plcDAVADowngradeMarket PerformUnderperformSep 22
Yesway, Inc.YSWYInitiateOutperformSep 22
UL Solutions Inc.ULSReiterateOutperformSep 21
Perspective Therapeutics, Inc.CATXInitiateOutperformSep 18
Casey's General Stores, Inc.CASYReiterateOutperformSep 16
Zentalis Pharmaceuticals, Inc.ZNTLInitiateOutperformSep 15
SEI Investments CompanySEICUpgradeMarket PerformOutperformSep 15
The Metals Royalty Company Inc.TMCRInitiateOutperformSep 14
Lyntris Inc.LYNXInitiateOutperformSep 14
The Baldwin Insurance Group, Inc.BWINDowngradeOutperformMarket PerformSep 14

Similar coverage12M

References

  1. Equity Research | William Blairwilliamblair.com
  2. History | William Blairwilliamblair.com
  3. William M. Blair - Wikipediaen.wikipedia.org
  4. John Kreger | William Blairwilliamblair.com
  5. Brent Gledhill | William Blairwilliamblair.com
  6. 300 Current Better Values: An Investment Philosophy In Motion | William Blairwilliamblair.com