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

Qnity Electronics (NYSE:Q) had its price objective upped by investment analysts at Royal Bank Of Canada from $139.00 to $150.00 in a report released on Friday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the premier technology solutions leader’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 3.82% from the company’s previous close.

Q has been the topic of a number of other research reports. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. KeyCorp upped their target price 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. Mizuho set a $120.00 target price on shares of Qnity Electronics in a research report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $126.00 price target on shares of Qnity Electronics in a research note on Friday, February 20th. Finally, Weiss Ratings began coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They set a “hold (c-)” rating on the stock. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $123.29.

Qnity Electronics Trading Up 3.1%

NYSE:Q opened at $144.48 on Friday. The business’s 50 day moving average price is $120.26. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $146.67. The stock has a market cap of $30.28 billion and a price-to-earnings ratio of 78.95. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last released its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.15 billion. The business’s 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. On average, research analysts forecast that Qnity Electronics will post 3.78 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $461,000. Neville Rodie & Shaw Inc. purchased a new position in Qnity Electronics during the fourth quarter worth about $526,000. Investors Research Corp purchased a new position in Qnity Electronics during the fourth quarter worth about $102,000. Board of the Pension Protection Fund acquired a new position in Qnity Electronics in the 4th quarter valued at about $73,000. Finally, Canal Capital Management LLC acquired a new position in Qnity Electronics in the 4th quarter valued at about $331,000.

About Qnity Electronics

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