Dow Inc. (DOW): price, analyst ratings, earnings and fundamentals
Updated 4 November 2026, 13:05 ET
Dow Inc. (DOW) closed at $33.79 on 3 November 2026, down 1.1%. The stock is up 18.5% over one month and up 41.7% over one year. It trades 20.9% below its 52-week high of $42.74. Analysts recorded 11 actions in the last 90 days; the median price target of $33 is 2.3% below the last close. The company last reported on 22 October 2026 for Q3 2026: EPS of $0.71 against an estimate of $0.64, a beat of 10.9%, on revenue of $11.3 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open DOW in FundSpec.
Analyst ratings
Over the last 90 days FundSpec recorded 11 analyst actions on DOW from 8 firms: 7 maintained or reiterated a view, 1 upgrade, 1 downgrade and 2 initiations. Price targets were 5 raised and 4 lowered. The most recent targets from 11 firms range from $30 to $45, with a median of $33, 2.3% below the last close.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 23 Oct 2026 | UBS | Maintains Neutral | $30.00 to $33.00 |
| 23 Oct 2026 | Citigroup | Maintains Neutral | $30.00 to $32.00 |
| 23 Oct 2026 | Wells Fargo | Maintains Overweight | $35.00 to $40.00 |
| 23 Oct 2026 | RBC Capital | Maintains Sector Perform | $29.00 to $32.00 |
| 19 Oct 2026 | B of A Securities | Upgrades to Neutral from Underperform | $29.00 to $31.00 |
| 13 Oct 2026 | Barclays | Initiates Coverage On Underweight | $30.00 |
| 1 Oct 2026 | Mizuho | Maintains Neutral | $35.00 to $32.00 |
| 30 Sep 2026 | RBC Capital | Maintains Sector Perform | $32.00 to $29.00 |
| 30 Sep 2026 | Citigroup | Downgrades to Neutral from Buy | $35.00 to $30.00 |
| 25 Sep 2026 | UBS | Maintains Neutral | $32.00 to $30.00 |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 28 January 2027 before the open for Q4 2026, with EPS expected at $0.55 on revenue of $10.8 billion. Dow Inc. beat the EPS estimate in 6 of its last 8 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q3 2026 | 22 Oct 2026 | $0.64 | $0.71 | +10.94% | $11.3B |
| Q2 2026 | 23 Jul 2026 | $1.24 | $1.44 | +16.13% | $12.1B |
| Q1 2026 | 23 Apr 2026 | -$0.29 | -$0.14 | +51.72% | $9.8B |
| Q4 2025 | 29 Jan 2026 | -$0.49 | -$0.34 | +30.61% | $9.5B |
| Q3 2025 | 23 Oct 2025 | -$0.30 | -$0.19 | +36.67% | $10.0B |
| Q2 2025 | 24 Jul 2025 | -$0.15 | -$0.42 | -180.00% | $10.1B |
| Q1 2025 | 24 Apr 2025 | -$0.01 | $0.02 | +300.00% | $10.4B |
| Q4 2024 | 30 Jan 2025 | $0.24 | $0.00 | -100.00% | $10.4B |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
For the period ended 30 September 2026, Dow Inc. reported revenue of $11.3 billion and net income of $458.0 million. On a trailing twelve month basis the company shows revenue growth of 4.16%, a gross margin of 11.11%, an operating margin of 0.73% and a return on equity of -4.26%.
Income statement
| Line | Amount |
|---|---|
| Revenue | $11,267,000,000 |
| Cost of Revenue | $9,889,000,000 |
| Gross Profit | $1,378,000,000 |
| Selling, General & Administrative Expenses | $408,000,000 |
| Depreciation & Amortization | $666,000,000 |
| Interest Expense | $211,000,000 |
| Pre-tax Income | $642,000,000 |
| Income Tax Expense | $117,000,000 |
| Net Income | $458,000,000 |
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $4,142,000,000 |
| Restricted Cash | $130,000,000 |
| Accounts & Notes Receivable, Net | $5,890,000,000 |
| Inventory | $7,024,000,000 |
| Other Current Assets | $1,404,000,000 |
| Total Current Assets | $20,177,000,000 |
| Plant, Property & Equipment, Net | $22,398,000,000 |
| Operating Lease Right-of-Use Assets | $1,304,000,000 |
| Other Investments | $3,201,000,000 |
| Goodwill Intangible Assets, Net | $9,263,000,000 |
| Deferred Tax Asset | $4,882,000,000 |
| Other Long-term Assets | $1,324,000,000 |
| Total Assets | $60,953,000,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Total Short-term Debt | $745,000,000 |
| Operating Lease Liabilities, Current | $341,000,000 |
| Income Taxes Payable | $367,000,000 |
| Deferred Liability Charges | $199,000,000 |
| Total Current Liabilities | $11,493,000,000 |
| Long-term Debt | $17,523,000,000 |
| Operating Lease Liabilities, Long-term | $1,028,000,000 |
| Finance Lease Liabilities | $1,126,000,000 |
| Long-term Deferred Liability Charges | $1,744,000,000 |
| Deferred Income Taxes | $368,000,000 |
| Minority Interest | $1,479,000,000 |
| Other Liabilities | $8,772,000,000 |
| Total Liabilities | $43,321,000,000 |
| Common Stock | $8,000,000 |
| Retained Earnings | $16,659,000,000 |
| Treasury Stock | -$3,920,000,000 |
| Other Accumulated Comprehensive Income | -$7,654,000,000 |
| Total Stockholders Equity | $16,153,000,000 |
| Total Liability & Stockholders Equity | $60,953,000,000 |
Figures as filed with the SEC for the period ended 30 September 2026, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Liquidity
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Cash Ratio | 0.36 | 55th | Calculated as the ratio of Cash and cash equivalents / Current liabilities. This metric calculates the company's ability to repay its short-term debt |
| Current Ratio | 1.76 | 64th | Calculated as the ratio of Current Assets / Current Liabilities. The higher the current ratio, the more capable the company is of paying its obligations |
| Quick Ratio | 0.87 | 52nd | Calculated as the ratio of (Cash + Marketable Securities + Accounts Receivable) / Current Liabilities. The quick ratio is a measure of how well a company can meet its short-term financial liabilities. |
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.31 | 73rd | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 1.15 | 79th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
| Degree of Financial Leverage | -0.57 | 5th | Calculated as the ratio of Percentage change in EPS / Percentage change in EBIT. A higher degree of financial leverage means that the company has more volatile EPS. |
| Long Term Debt/Long Term Capital | 0.52 | 64th | Calculated as Long-Term Debt / (Long-Term Debt + Shareholders' Equity). The ratio is an indicator of the company's leverage |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Gross Margin Pct | 11.1% | 13th | Calculated as the ratio of Revenue - Cost of Goods Sold (COGS) / Revenue. The gross margin represents the percent of total sales revenue that the company retains after incurring the direct costs associated with producing the goods and services sold by a company. |
| Operating Margin Pct | 0.7% | 42nd | Calculated as the ratio of (Revenue - (Cost of Goods Sold + Labour + Sales, General & Administrative)) / Revenue. Operating margins are important because they measure efficiency. The higher the operating margin, the more profitable a company's core business is. |
| PreTax Margin Pct | -1.3% | 38th | Calculated as the ratio of (Gross profit - (Operating Expense + Interest Expense)) / Revenue. The pretax profit margin enables profitability to be compared across companies with significant differences in size, scale, capital structure and tax rates. |
| Return on Assets Pct | -1.2% | 45th | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | -4.3% | 40th | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
| Return on Invested Capital Pct | 0.9% | 43rd | Calculated as the ratio of (Net Income - Dividends) / (Debt + Equity). It is a measure of how efficient the company is at allocating the capital under its control to profitable investments. |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | -31.5% | 24th | The Net Income growth rate over the trailing twelve months (TTM) |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Operating Cashflow Pct Growth | 193.0% | 91st | The Operating Cashflow growth rate over the trailing twelve months (TTM) |
| Operating Cashflow Pct Growth 3 year CAGR (FY) | -6.6% | 32nd | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
| Operating Cashflow Pct Growth 5 year CAGR (FY) | -5.5% | 33rd | The Operating Cashflow compound annual growth rate (CAGR) over the past 5 years |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | 4.2% | 44th | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
| Revenue Pct Growth 3 year CAGR | -2.4% | 27th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 3 years |
| Revenue Pct Growth 5 year CAGR | -3.6% | 18th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 5 years |
Taxes
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Effective Tax Rate Pct | -40.0% | 4th | The effective tax rate of the company over the trailing twelve months (TTM). |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open DOW in FundSpec.
Insider activity
In the last 90 days insiders filed 1 transaction: 1 disposal covering 25,564 shares. Acquisitions include awards and option exercises as well as open market purchases. The largest by value was a disposal of 25,564 shares by Jeffrey L. Tate, Chief Financial Officer on 26 October 2026, worth about $868,920 at the transaction price.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 26 Oct 2026 | Jeffrey L. Tate | Chief Financial Officer | Disposal | 25,564 | $33.99 | $869K |
| 1 Jul 2026 | Karen S Carter | Director, Chief Executive Officer | Acquisition | 24,150 | ||
| 1 Jul 2026 | Karen S Carter | Director, Chief Executive Officer | Acquisition | 126,640 | ||
| 9 Apr 2026 | Jerri Devard | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Richard K Davis | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Debra L. Dial | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Gaurdie E. Jr. Banister | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Mejia Luis Alberto Moreno | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Jeff M Fettig | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Samuel R Allen | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Daniel Yohannes | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Jill S Wyant | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Jacqueline C. Hinman | Director | Acquisition | 5,127 | ||
| 9 Apr 2026 | Wesley G Bush | Director | Acquisition | 5,127 | ||
| 26 Feb 2026 | Amy E Wilson | General Counsel / Secretary | Disposal | 3,718 | $29.90 | $111K |
Insider filings record what officers and directors did with their own shares. Disposals are often planned sales or tax related, so a pattern across several insiders says more than one filing.
SEC filings
The latest filing is a 10-Q from 23 October 2026.
| Filed | Form | Document |
|---|---|---|
| 23 Oct 2026 | 10-Q | View on sec.gov |
| 24 Jul 2026 | 10-Q | View on sec.gov |
| 24 Apr 2026 | 10-Q | View on sec.gov |
| 3 Feb 2026 | 10-K | View on sec.gov |
| 24 Oct 2025 | 10-Q | View on sec.gov |
| 25 Jul 2025 | 10-Q | View on sec.gov |
| 25 Apr 2025 | 10-Q | View on sec.gov |
| 4 Feb 2025 | 10-K | View on sec.gov |
| 25 Oct 2024 | 10-Q | View on sec.gov |
| 26 Jul 2024 | 10-Q | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- Pharmaceuticals, Biotech and Chemicals
- Industry
- Chemicals
- Chief executive
- James R. Fitterling
- Employees
- 37,800
- Website
- dow.com
- SEC CIK
- 0001751788
Dow Inc. provides various materials science solutions for consumer care, infrastructure, and packaging markets in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials and Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers. The Industrial Intermediates & Infrastructure segment offers ethylene oxides, propylene oxide, propylene glycol and polyether polyols, aromatic isocyanates and polyurethane systems, coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, silicones, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; performance monomers and silicones; standalone silicones; and home and personal care solutions. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.
Sector and peers
Dow Inc. is part of the Pharmaceuticals, Biotech and Chemicals sector, which FundSpec tracks across 610 companies.
Companies in the same industry by market capitalization:
DD DuPont de Nemours, Inc.ALB Albemarle Corp.
Put two of them side by side in Compare.
FundSpec AI trading models
DOW is traded intraday by 1 FundSpec AI model whose verified winning calls FundSpec publishes.
| Model | Verified wins | Average gain | Best gain | Last win |
|---|---|---|---|---|
| Dow Inc. (DOW) day trading model | 167 | 0.64% | 2.53% | 4 Nov 2026 |
A day trading model learns an entry and exit policy for one stock from its intraday history. The record lists calls that closed with a gain; it is a track record, not a forecast. Read the guide: How FundSpec AI trading models work.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for DOW are available to subscribers, with the same screen in the iOS and Android apps.
Open DOW in FundSpec