👉 Downgraded is a term that refers to the process of a company or organization being downgraded in its financial performance, usually by an investor. It occurs when a company's stock price falls below its intrinsic value, which typically represents its market valuation and fair market value. This can occur due to various factors such as poor management, declining sales, or significant operational issues. Downgrades are often seen as a reflection of the company's financial health and stability, indicating that the company is not financially stable enough