Qnity Electronics (NYSE:Q) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Qnity Electronics (NYSE:QGet Free Report) had its price objective increased by analysts at Royal Bank Of Canada from $118.00 to $133.00 in a research report issued on Wednesday, Marketbeat.com reports. The brokerage currently has an “outperform” rating on the premier technology solutions leader’s stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 6.65% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the company. Mizuho set a $120.00 target price on Qnity Electronics in a research note on Monday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $126.00 price target on shares of Qnity Electronics in a research note on Friday, February 20th. Oppenheimer started coverage on Qnity Electronics in a research report on Tuesday, December 16th. They set an “outperform” rating and a $100.00 price objective for the company. Wolfe Research assumed coverage on Qnity Electronics in a research note on Monday, November 3rd. They issued an “outperform” rating and a $110.00 price objective on the stock. Finally, Wall Street Zen upgraded Qnity Electronics to a “hold” rating in a research report on Friday, November 28th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Qnity Electronics has an average rating of “Moderate Buy” and a consensus target price of $116.50.

Get Our Latest Analysis on Q

Qnity Electronics Stock Up 4.0%

Shares of Qnity Electronics stock opened at $124.71 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.78 and a quick ratio of 1.07. Qnity Electronics has a 12-month low of $70.50 and a 12-month high of $140.60. The firm has a market capitalization of $26.12 billion and a P/E ratio of 123.48. The business’s 50-day moving average price is $97.54.

Qnity Electronics (NYSE:QGet Free Report) last issued its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Insider Transactions at Qnity Electronics

In other news, VP Michael G. Goss sold 1,895 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $84.79, for a total transaction of $160,677.05. Following the sale, the vice president directly owned 13,305 shares in the company, valued at approximately $1,128,130.95. The trade was a 12.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jon D. Kemp sold 5,655 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $85.01, for a total value of $480,731.55. Following the completion of the transaction, the chief executive officer directly owned 89,177 shares of the company’s stock, valued at $7,580,936.77. This represents a 5.96% decrease in their position. The SEC filing for this sale provides additional information. 6.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Qnity Electronics

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. bought a new stake in Qnity Electronics in the fourth quarter valued at approximately $2,226,626,000. State Street Corp bought a new position in Qnity Electronics during the 4th quarter worth approximately $728,894,000. Geode Capital Management LLC acquired a new position in shares of Qnity Electronics in the 4th quarter worth approximately $435,786,000. Invesco Ltd. bought a new stake in shares of Qnity Electronics in the 4th quarter valued at $385,057,000. Finally, Franklin Resources Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter valued at $287,519,000.

Qnity Electronics News Roundup

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

About Qnity Electronics

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Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.

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Analyst Recommendations for Qnity Electronics (NYSE:Q)

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