Dow Stock Climbs Ahead of October Earnings Report

Dow Inc. (ISIN US2605571031) saw its stock price rise by 1.38 percent on October 2, 2026, closing at USD 27.97 on the NYSE. The day's trading range spanned from USD 27.26 to USD 28.15. Investors are looking ahead to the company's next earnings report, scheduled for October 22, 2026, which will provide further insight following recent target price cuts.

The second quarter of 2026 showed significant improvement for Dow, with net sales reaching USD 12.092 billion, a 20 percent increase from the same period in 2025. GAAP earnings per share were USD 0.99, while operating EPS stood at USD 1.44, a notable rebound from a loss of USD 0.42 in the previous year. The company also reported a substantial increase in operating cash flow and EBITDA, highlighting stronger financial performance.

Despite the positive Q2 results, RBC Capital reduced its target price for Dow from USD 32.00 to USD 29.00 on September 30, maintaining a Sector Perform rating. The firm cited lower polyethylene settlement prices as a key pressure point and lowered its Q3 EBITDA estimate to USD 1.50 billion. This cautious outlook contrasts with the significant year-over-year improvement in Dow's operating EBITDA during Q2.

Analysts remain divided on Dow's future prospects, with a Hold consensus based on 20 analysts. The average 12-month target price is USD 34.82, with estimates ranging from USD 29.00 to USD 45.00. This places the average target 24.49 percent above the current share price, though the next earnings report on October 22 will be crucial in determining whether the Q2 rebound can be sustained.