Qnity Electronics (NYSE:Q) Price Target Raised to $170.00

Qnity Electronics (NYSE:QGet Free Report) had its target price raised by equities researchers at Mizuho from $150.00 to $170.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the premier technology solutions leader’s stock. Mizuho’s price objective would indicate a potential upside of 1.01% from the company’s previous close.

A number of other research firms have also issued reports on Q. Royal Bank Of Canada boosted their target price on shares of Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. KeyCorp boosted their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Qnity Electronics presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.14.

Read Our Latest Stock Report on Q

Qnity Electronics Stock Up 9.8%

Shares of NYSE:Q opened at $168.30 on Wednesday. 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 has a fifty-two week low of $70.50 and a fifty-two week high of $168.52. The firm’s 50-day simple moving average is $126.44. The company has a market cap of $35.27 billion and a P/E ratio of 91.97.

Qnity Electronics (NYSE:QGet Free Report) last posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, research analysts forecast that Qnity Electronics will post 3.78 EPS for the current fiscal year.

Institutional Trading of Qnity Electronics

A number of institutional investors have recently made changes to their positions in Q. Vanguard Group Inc. acquired a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $2,226,626,000. State Street Corp acquired a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $728,894,000. Geode Capital Management LLC acquired a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $435,786,000. Invesco Ltd. acquired a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $385,057,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Qnity Electronics by 741.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock worth $518,787,000 after acquiring an additional 3,855,617 shares during the period.

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