Dow Stock Drops on Revised Third-Quarter Outlook

Dow Inc.'s stock price fell 2.58% on September 18, 2026, after management revised its third-quarter EBITDA outlook to $1.5 billion to $1.6 billion, down from a previous estimate of around $1.7 billion.

The updated guidance is due to weaker polyethylene prices in the early part of the quarter, which are expected to pressure margins, particularly in packaging and plastics segments.

In its first-quarter 2026 results, Dow delivered net sales of $9.8 billion and operating EBITDA of $873 million, with notable cost savings.

Despite the softer Q3 outlook, some analysts view Dow's stock as undervalued, with a recent analysis suggesting that the stock trades at a 20.8% discount to its estimated fair value of $34.69 per share.