BMO Maintains Hold Rating on Dow with USD 33.00 Target
BMO Capital has maintained a Hold rating on Dow Inc. (ISIN: US2605571031) with a price target of USD 33.00, as reported on October 5, 2026. The target, set by analyst John McNulty, is slightly above the stock's latest primary-exchange quote but reflects a neutral stance. The valuation debate hinges on whether stronger pricing and cost savings can outweigh weaker demand in parts of Dow's chemicals portfolio.
Earlier on October 1, 2026, Mizuho downgraded its price target from USD 35.00 to USD 32.00 while keeping a Neutral rating. The bank cited concerns over high Chinese finished-product exports and higher interest rates impacting housing-related demand.
Dow reported a strong second-quarter performance for 2026, generating USD 12.09 billion in revenue, a 19.70% increase from the same period in 2025. Adjusted earnings per share were USD 1.44, beating the consensus estimate of USD 1.25 by USD 0.19. The company also posted a net profit of USD 721 million, a significant recovery from a USD 835 million net loss in the year-ago quarter.
As of October 6, 2026, Dow was trading at EUR 25.31 on Lang & Schwarz, down 0.35% from the prior close of EUR 25.40. On the NYSE, the stock last traded at USD 28.51 on October 5, 2026, within a 52-week range of USD 20.65 to USD 42.74.