Qnity Electronics (NYSE:Q) Price Target Raised to $170.00

Qnity Electronics (NYSE:QGet Free Report) had its price target raised by stock analysts at Mizuho from $150.00 to $170.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the premier technology solutions leader’s stock. Mizuho’s price target suggests a potential upside of 1.01% from the company’s current price.

A number of other equities analysts have also commented on the stock. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. KeyCorp boosted their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday. Royal Bank Of Canada boosted their target price on shares of Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $138.14.

View Our Latest Research Report on Q

Qnity Electronics Price Performance

Shares of Q stock opened at $168.30 on Wednesday. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $168.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. The firm has a market cap of $35.27 billion and a price-to-earnings ratio of 91.97. The business has a fifty day moving average price of $126.44.

Qnity Electronics (NYSE:QGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, sell-side analysts anticipate that Qnity Electronics will post 3.78 EPS for the current year.

Institutional Investors Weigh In On Qnity Electronics

Several hedge funds and other institutional investors have recently modified their holdings of Q. Vanguard Group Inc. bought a new stake in shares of Qnity Electronics during the 4th quarter valued at about $2,226,626,000. State Street Corp bought a new stake in shares of Qnity Electronics during the 4th quarter valued at about $728,894,000. Geode Capital Management LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at about $435,786,000. Invesco Ltd. bought a new stake in shares of Qnity Electronics during the 4th quarter valued at about $385,057,000. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Qnity Electronics by 741.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock valued at $518,787,000 after buying an additional 3,855,617 shares during the last quarter.

Key Headlines Impacting Qnity Electronics

Here are the key news stories impacting Qnity Electronics this week:

Qnity Electronics Company Profile

(Get Free Report)

Recommended Stories

Analyst Recommendations for Qnity Electronics (NYSE:Q)

Receive News & Ratings for Qnity Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qnity Electronics and related companies with MarketBeat.com's FREE daily email newsletter.