DOW

Dow Inc. reported Q3 2026 adjusted EPS of 71 cents, beating consensus estimates, with sales rising 13% to $11.3B. The company's self-help initiatives and higher pricing offset rising input costs. Operating EBITDA reached $1.55B, and Dow remains on track to deliver $700M in transformation benefits in 2026 with approximately $2B total uplift expected by 2027.

Dow Inc. reported Q3 2026 earnings of $0.71 per share, beating consensus estimates of $0.64 and showing significant year-over-year improvement. Revenue of $11.27 billion slightly exceeded expectations. However, the stock received a Zacks Rank #3 (Hold) rating due to mixed estimate revisions, and the Chemical - Diversified industry ranks in the bottom 20% of sectors, suggesting near-term performance in line with the market.

DuPont delivered 4% organic sales growth in Q2 2026 driven by high-growth markets including healthcare, water, aerospace, and EVs. The company raised its full-year 2026 EBITDA and earnings guidance following acquisitions of Spectrum Plastics and Donatelle Plastics, and is targeting 3% productivity gains. Peer chemical companies Dow, Air Products, and Eastman Chemical also raised their 2026 guidance.

The global soil stabilization polymer market is experiencing strong growth, expanding from $3.6 billion in 2025 to $3.9 billion in 2026 with an 8.4% CAGR, driven by rising construction activity, infrastructure investment, and demand for sustainable soil improvement solutions. The market is forecast to reach $5.33 billion by 2030 at an 8.1% CAGR, with key drivers including advanced polymer technologies, government infrastructure support, and eco-friendly formulations. North America leads the market while Asia-Pacific is expected to grow fastest.

Dow Inc. is expected to report Q3 2026 earnings on October 22 with consensus estimates of $0.65 EPS and $11.24B in revenue, representing significant year-over-year growth. However, recent analyst revisions have turned bearish, resulting in a negative Earnings ESP of -4.12%, making it difficult to predict an earnings beat despite the company's strong historical track record of beating estimates.

Dow Inc. (DOW) closed at $28.51, up 1.39% despite broader market weakness. The stock has declined 2.7% over the past month, underperforming the S&P 500's 2.05% gain.

Analysts expect strong earnings growth with Q3 EPS projected at $0.68 (up 457.89% YoY) and annual EPS of $2.41 (up 356.38% YoY). The stock trades at a Forward P/E of 11.69, below the industry average of 15.21, with a Zacks Rank of #3 (Hold).

Dow Inc. exited Q2 with $14 billion in liquidity and generated $1.3 billion in operating cash flow. The company returned $253 million to shareholders through dividends in Q2, with a long-term target of returning 65% of operating net income.

Dow has no substantial debt maturities until 2029, supporting financial flexibility. The stock has gained 24.6% over the past year and trades at a forward P/S ratio of 0.48, below industry average.

Dow Inc. (DOW) closed at $28.51, up 1.93%, outperforming the S&P 500's 0.66% gain. The stock has declined 4.99% over the past month.

Analysts expect Q3 2026 earnings of $0.68 per share with 457.89% year-over-year growth and revenue of $11.25 billion. The company holds a Zacks Rank #3 (Hold) with a Forward P/E of 11.67, trading at a discount to its industry average of 15.21.

Dow Inc. (DOW) is benefiting from high-return growth projects, cost initiatives, and advantaged feedstock positions, with over $1.3 billion in self-help benefits expected in 2026. However, the company faces headwinds from soft demand, seasonal construction weakness, and elevated energy and feedstock costs. DOW carries a Zacks Rank #3 (Hold) rating.

Air Products is advancing a $3 billion industrial gas backlog and expanding renewable ammonia strategy through NEOM and Yara partnerships, while implementing $250 million in annual cost savings from headcount reductions. However, the company faces headwinds from weak helium prices. Peer chemical companies including Dow, Eastman Chemical, and Celanese are also pursuing productivity initiatives and cost reduction programs to support earnings growth in 2026.

DuPont launched the Sugar Separation Advisor, a digital tool helping sugar and sweetener manufacturers evaluate chromatographic separation options using AmberLite resins. The company raised its 2026 full-year guidance for operating EBITDA and adjusted earnings following strong Q2 performance. Competitors Dow, Eastman Chemical, and Celanese also provided positive 2026 outlooks.

Dow Inc. (DOW) declined 1% to $27.61, underperforming the S&P 500's 0.17% loss. The stock has fallen 8.62% over the past month, outpacing the Basic Materials sector's 8.27% decline. Analysts expect strong earnings growth of 463% YoY for Q3 2026 with revenue of $11.3B (+13.28%), but the stock holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 11.88, trading at a discount to its industry average.

Recent economic data shows PCE inflation came in softer than expected while Q2 GDP exceeded expectations. Market attention is now focused on the upcoming Friday employment report, which could significantly impact economic outlook and investment decisions.