Dow Inc. (DOW), headquartered in Midland, Michigan, provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications. Valued at $20.2 billion by market cap, the company manufactures and supplies chemicals for liquid injection molding, architecture fabrication, leather, textiles, automobiles, rubber consumer goods, and food industries. The materials science giant is expected to announce its fiscal third-quarter earnings for 2026 before the market opens on Thursday, Oct. 22.
Ahead of the event, analysts expect Dow Inc. to report a profit of $0.68 per share on a diluted basis, up 457.9% from a loss of $0.19 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
For the full year, analysts expect Dow Inc. to report EPS of $2.40, up 355.3% from loss per share of $0.94 in fiscal 2025. However, its EPS is expected to fall 32.9% year over year to $1.61 in fiscal 2027.
DOW stock has outperformed the S&P 500 Index’s ($SPX) 15% gains over the past 52 weeks, with shares up 18.1% during this period. Similarly, it outperformed the State Street Materials Select Sector SPDR ETF’s (XLB) 8.9% gains over the same time frame.
DOW’s outperformance is driven by rising chemical and plastic prices, expanding margins, and a structural U.S. natural gas cost advantage. Confidence in its turnaround is further boosted by its "Transform to Outperform" program, which is outpacing expectations and projected to unlock over $1.3 billion in self-help savings and productivity gains in 2026.
Analysts’ consensus opinion on DOW stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of 20 analysts covering the stock, six advise a “Strong Buy” rating, 13 give a “Hold,” and one recommends a “Moderate Sell.” DOW’s average analyst price target is $35.47, indicating a potential upside of 26.8% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.