diff --git a/src/Microsoft.Blazor.Build/Core/RazorCompilation/RazorCompiler.cs b/src/Microsoft.Blazor.Build/Core/RazorCompilation/RazorCompiler.cs
index 4bb29643db..8e2fcb3042 100644
--- a/src/Microsoft.Blazor.Build/Core/RazorCompilation/RazorCompiler.cs
+++ b/src/Microsoft.Blazor.Build/Core/RazorCompilation/RazorCompiler.cs
@@ -1,30 +1,91 @@
 // Copyright (c) .NET Foundation. All rights reserved.
 // Licensed under the Apache License, Version 2.0. See License.txt in the project root for license information.
 
+using System;
 using System.Collections.Generic;
 using System.IO;
+using System.Linq;
+using System.Text.RegularExpressions;
 
 namespace Microsoft.Blazor.Build.Core.RazorCompilation
 {
+    /// <summary>
+    /// Provides facilities for transforming Razor files into Blazor component classes.
+    /// </summary>
     public class RazorCompiler
     {
-        public ICollection<RazorCompilerDiagnostic> CompileFiles(IEnumerable<string> inputPaths, string outputNamespace, TextWriter resultOutput, TextWriter verboseOutput)
-        {
-            var diagnostics = new List<RazorCompilerDiagnostic>();
+        // TODO: Relax this to allow for whatever C# allows
+        private static Regex ClassNameRegex
+            = new Regex("^[a-z][a-z0-9_]*$", RegexOptions.IgnoreCase);
 
-            foreach (var inputFilePath in inputPaths)
+        /// <summary>
+        /// Writes C# source code representing Blazor components defined by Razor files.
+        /// </summary>
+        /// <param name="inputPaths">Paths to the input files.</param>
+        /// <param name="outputNamespace">The namespace for the generated classes.</param>
+        /// <param name="resultOutput">A <see cref="TextWriter"/> to which C# source code will be written.</param>
+        /// <param name="verboseOutput">If not null, additional information will be written to this <see cref="TextWriter"/>.</param>
+        /// <returns>A collection of <see cref="RazorCompilerDiagnostic"/> instances representing any warnings or errors that were encountered.</returns>
+        public ICollection<RazorCompilerDiagnostic> CompileFiles(IEnumerable<string> inputPaths, string outputNamespace, TextWriter resultOutput, TextWriter verboseOutput)
+            => inputPaths.SelectMany(
+                path => CompileSingleFile(path, outputNamespace, resultOutput, verboseOutput)).ToList();
+
+        /// <summary>
+        /// Writes C# source code representing a Blazor component defined by a Razor file.
+        /// </summary>
+        /// <param name="inputPaths">The path to the input file.</param>
+        /// <param name="outputNamespace">The namespace for the generated class.</param>
+        /// <param name="resultOutput">A <see cref="TextWriter"/> to which C# source code will be written.</param>
+        /// <param name="verboseOutput">If not null, additional information will be written to this <see cref="TextWriter"/>.</param>
+        /// <returns>An enumerable of <see cref="RazorCompilerDiagnostic"/> instances representing any warnings or errors that were encountered.</returns>
+        public IEnumerable<RazorCompilerDiagnostic> CompileSingleFile(string inputFilePath, string outputNamespace, TextWriter resultOutput, TextWriter verboseOutput)
+        {
+            if (resultOutput == null)
             {
-                verboseOutput?.WriteLine($"Compiling {inputFilePath}...");
-                resultOutput.WriteLine($"// TODO: Compile {inputFilePath}");
-                diagnostics.Add(new RazorCompilerDiagnostic(
-                    RazorCompilerDiagnostic.DiagnosticType.Warning,
-                    inputFilePath,
-                    1,
-                    1,
-                    "Compiler not implemented"));
+                throw new ArgumentNullException(nameof(resultOutput));
             }
 
-            return diagnostics;
+            try
+            {
+                verboseOutput?.WriteLine($"Compiling {inputFilePath}...");
+                var className = GetClassName(inputFilePath);
+
+                resultOutput.WriteLine($"namespace {outputNamespace} {{");
+                resultOutput.WriteLine($"public class {className}");
+                resultOutput.WriteLine("{");
+                resultOutput.WriteLine("}");
+                resultOutput.WriteLine("}");
+                resultOutput.WriteLine();
+
+                return Enumerable.Empty<RazorCompilerDiagnostic>();
+            }
+            catch (RazorCompilerException ex)
+            {
+                return new[] { ex.ToDiagnostic(inputFilePath) };
+            }
+            catch (Exception ex)
+            {
+                return new[]
+                {
+                    new RazorCompilerDiagnostic(
+                        RazorCompilerDiagnostic.DiagnosticType.Error,
+                        inputFilePath,
+                        1,
+                        1,
+                        $"Unexpected exception: {ex.Message}{Environment.NewLine}{ex.StackTrace}")
+                };
+            }
+        }
+
+        private static string GetClassName(string inputFilePath)
+        {
+            var basename = Path.GetFileNameWithoutExtension(inputFilePath);
+            if (!ClassNameRegex.IsMatch(basename))
+            {
+                throw new RazorCompilerException($"Invalid name '{basename}'. The name must be valid for a C# class name.");
+            }
+
+            return basename;
         }
     }
 }
diff --git a/src/Microsoft.Blazor.Build/Core/RazorCompilation/RazorCompilerException.cs b/src/Microsoft.Blazor.Build/Core/RazorCompilation/RazorCompilerException.cs
new file mode 100644
index 0000000000..27508c5985
--- /dev/null
+++ b/src/Microsoft.Blazor.Build/Core/RazorCompilation/RazorCompilerException.cs
@@ -0,0 +1,26 @@
+// Copyright (c) .NET Foundation. All rights reserved.
+// Licensed under the Apache License, Version 2.0. See License.txt in the project root for license information.
+
+using System;
+
+namespace Microsoft.Blazor.Build.Core.RazorCompilation
+{
+    /// <summary>
+    /// Represents a fatal error during the transformation of a Blazor component from
+    /// Razor source code to C# source code.
+    /// </summary>
+    internal class RazorCompilerException : Exception
+    {
+        public RazorCompilerException(string message): base(message)
+        {
+        }
+
+        public RazorCompilerDiagnostic ToDiagnostic(string sourceFilePath)
+            => new RazorCompilerDiagnostic(
+                RazorCompilerDiagnostic.DiagnosticType.Error,
+                sourceFilePath,
+                line: 1, // Later it might be necessary to take line/col constructor args, but not needed yet
+                column: 1,
+                message: Message);
+    }
+}
diff --git a/src/Microsoft.Blazor.Build/targets/RazorCompilation.targets b/src/Microsoft.Blazor.Build/targets/RazorCompilation.targets
index 8682a2a1b2..290fc0e884 100644
--- a/src/Microsoft.Blazor.Build/targets/RazorCompilation.targets
+++ b/src/Microsoft.Blazor.Build/targets/RazorCompilation.targets
@@ -1,9 +1,4 @@
-<Project>
-
-  <!-- Temporarily, the Razor 'compile' process just produces a set of empty classes. This is to
-       show it's possible to codegen the classes both during regular builds and at design time so
-       that the Razor components can be referenced with intellisense from .cs files. -->
-  
+<Project>  
   <Target Name="BlazorCompileRazorComponents" BeforeTargets="CoreCompile">
     <PropertyGroup>
       <BlazorComponentsNamespace>BlazorComponents</BlazorComponentsNamespace>