Royal Bank Of Canada Boosts Qnity Electronics (NYSE:Q) Price Target to $150.00

Key Points

• Royal Bank of Canada raised its price target on Qnity Electronics to $150.00 (from $139.00) and kept an "outperform" rating, implying roughly a 4.6% upside from the prior close.
• Qnity beat quarterly expectations, posting $0.82 EPS versus $0.64 expected and $1.19B revenue versus $1.15B, and set FY2026 guidance of 3.550–3.950 EPS (consensus 3.78).
• Analyst sentiment is mostly positive (six Buys, two Holds) though the consensus target is $123.29; the stock traded at $143.41 near its 52-week high ($146) with a market cap of about $30.06B and a PE of ~78.

Qnity Electronics (NYSE:Q - Get Free Report) had its target price upped by Royal Bank Of Canada from $139.00 to $150.00 in a research report issued on Friday, MarketBeat Ratings reports. The firm currently has an "outperform" rating on the premier technology solutions leader's stock. Royal Bank Of Canada's price target would suggest a potential upside of 4.59% from the stock's previous close.

Several other analysts have also commented on Q. Weiss Ratings started coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They set a "hold (c-)" rating for the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $126.00 price target on shares of Qnity Electronics in a research report on Friday, February 20th. KeyCorp increased their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. Zacks Research lowered shares of Qnity Electronics from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Finally, Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research report on Monday, February 23rd. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $123.29.

Qnity Electronics Price Performance

Shares of Q stock traded up $3.28 during mid-day trading on Friday, hitting $143.41. 108,075 shares of the stock traded hands, compared to its average volume of 2,239,100. The stock has a market capitalization of $30.06 billion and a PE ratio of 77.99. The stock's fifty day moving average price is $119.60. Qnity Electronics has a 52-week low of $70.50 and a 52-week high of $146.00. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95.

Qnity Electronics (NYSE:Q - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.15 billion. Qnity Electronics's revenue for the quarter 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. As a group, equities analysts forecast that Qnity Electronics will post 3.78 EPS for the current fiscal year.

Hedge Funds Weigh In On Qnity Electronics

Several hedge funds and other institutional investors have recently modified their holdings of Q. GAMMA Investing LLC purchased a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $461,000. Neville Rodie & Shaw Inc. purchased a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $526,000. Investors Research Corp acquired a new position in Qnity Electronics in the 4th quarter worth approximately $102,000. Board of the Pension Protection Fund acquired a new position in Qnity Electronics in the 4th quarter worth approximately $73,000. Finally, Canal Capital Management LLC acquired a new position in Qnity Electronics in the 4th quarter worth approximately $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.

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