The addition of allylboronates to carbonyl compounds remains an invaluable transformation in synthetic organic chemistry for the stereoselective synthesis of a wide variety of substituted homoallylic alcohols. The use of allylboronates is an exceptionally attractive tool, in part due to the stability of organoboron nucleophiles and the inherently high and predictable stereoselectivity consistently observed. Herein, key advances regarding the thermal and catalyzed allylboration of aldehydes and ketones from the past decade are summarized, with a focus on aspects concerning the scope, mechanism, and stereoselectivity. Notably, novel modes of activation are described for both enantioenriched α‐substituted allylboronates and catalytic enantioselective additions of achiral boronates using chiral protic acids and organocatalysts. A number of innovative metal‐catalyzed enantioselective borylation approaches to allylboronates and their subsequent use as substrates, including bimetallic double allylation reagents, are also highlighted. The current innovative progress and limitations in the field of carbonyl allylboration are discussed.