DOW (DOW) Stock Forecast & Price Target

Q: What analysts cover DOW?

DOW has been rated by research analysts at Citigroup , Deutsche Bank Aktiengesellschaft , JPMorgan Chase & Co. , Mizuho , Morgan Stanley , Royal Bank Of Canada , The Goldman Sachs Group , UBS Group , and Weiss Ratings in the past 90 days.

$27.97 +0.00 (+0.01%)

Closing price 10/2/2026 03:59 PM Eastern

Extended Trading

$27.85 -0.12 (-0.44%)

As of 10/2/2026 07:59 PM Eastern

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DOW - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 20 Analyst Ratings

Sell
2

Hold
10

Buy
8

Based on 20 Wall Street analysts who have issued ratings for DOW in the last 12 months, the stock has a consensus rating of "Hold." Out of the 20 analysts, 2 have given a sell rating, 10 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for DOW.

Consensus Price Target

$34.82
24.49% Upside

According to the 20 analysts' twelve-month price targets for DOW, the average price target is $34.82. The highest price target for DOW is $45.00, while the lowest price target for DOW is $29.00. The average price target represents a forecasted upside of 24.49% from the current price of $27.97.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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DOW Analyst Ratings Over Time

Type	Current Forecast 10/5/25 to 10/5/26	1 Month Ago 9/5/25 to 9/5/26	3 Months Ago 7/7/25 to 7/7/26	1 Year Ago 10/5/24 to 10/5/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	3 Buy rating(s)
Hold	10 Hold rating(s)	9 Hold rating(s)	10 Hold rating(s)	13 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$34.82	$35.56	$36.50	$29.17
Forecasted Upside	24.49% Upside	20.61% Upside	27.24% Upside	22.37% Upside
Consensus Rating	Hold	Hold	Hold	Hold

DOW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DOW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

DOW Stock vs. The Competition

Type	DOW	Materials Companies	Broader Market
Consensus Rating Score	2.35	2.57	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	24.49% Upside	150.43% Upside	21.53% Upside
News Sentiment Rating	Negative News See Recent DOW News	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
10/1/2026	Mizuho 3 of 5 stars	John Roberts 4 of 5 stars	Lower Target	Neutral	$35.00 ➝ $32.00	+19.05%
9/30/2026	Citigroup 4 of 5 stars	Patrick Cunningham 3 of 5 stars	Downgrade	Buy ➝ Neutral	$35.00 ➝ $30.00	+8.75%
9/30/2026	Royal Bank Of Canada 3 of 5 stars	Arun Viswanathan 3 of 5 stars	Lower Target	Sector Perform	$32.00 ➝ $29.00	+5.12%
9/25/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joshua Spector Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$32.00 ➝ $30.00	+6.95%
9/17/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$32.00	+7.71%
8/7/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Sell (D) ➝ Sell (D+)
7/24/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jeffrey Zekauskas Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$42.00 ➝ $40.00	+33.81%
7/20/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vincent Andrews Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$41.00 ➝ $39.00	+28.48%
7/16/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Neutral	$34.00	+14.28%
7/6/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John McNulty Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Market Perform	$46.00 ➝ $33.00	+19.13%
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7/3/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Sison Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$35.00	+26.35%
7/2/2026	Alembic Global Advisors Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Hassan Ahmed Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$50.00 ➝ $45.00	+66.52%
7/1/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
6/30/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew DeYoe Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Underperform	$35.00 ➝ $29.00	+5.48%
5/14/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		$33.00 ➝ $35.00	-9.58%
5/13/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alexandra Yates Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy
4/16/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Hold	$39.00 ➝ $44.00	+11.43%
3/9/2026	Fermium Researc Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Strong-Buy
3/9/2026	Vertical Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy	$37.00	+11.26%
3/4/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Aleksey Yefremov Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Sector Weight ➝ Overweight	$38.00	+23.60%
12/18/2025	Tudor Pickering Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	$32.00 ➝ $30.00	+28.77%
9/12/2025	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	$40.00 ➝ $35.00	+39.36%
4/30/2025	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	C. Neivert Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$37.00 ➝ $34.00	+11.07%
4/24/2025	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Cautious

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:33 AM ET.

Should I Buy DOW Stock? DOW Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 4, 2026. Please send any questions or comments about these DOW pros and cons to contact@marketbeat.com.

DOW
Bull Case

Here are some ways that investors could benefit from investing in Dow Inc.:

Geopolitical supply shocks in the Middle East have created a significant competitive advantage for Dow Inc. by constricting global petrochemical supply, allowing the company to sell into a high-priced market while its U.S. Gulf Coast production facilities remain insulated from logistical disruptions.
The company benefits from a structural cost advantage by using abundant and low-cost natural gas liquids as feedstocks, which contrasts with international competitors who rely on more expensive naphtha, leading to expanded profit margins as crude oil prices rise.
Wall Street sentiment has turned bullish, with Citigroup upgrading the stock to Buy and raising its price target to $40, while Wells Fargo boosted its target to $45, signaling strong institutional conviction in the company's ability to capitalize on current market conditions.
Dow Inc. offers a defensive income stream with a dividend yield of approximately 5.01%, providing a steady payout that acts as a buffer for investors while they wait for the geopolitical thesis to translate into stronger financial performance.
The stock is currently trading at $27.97, which is significantly below the recent analyst price targets of $40 and $45, suggesting potential for capital appreciation as the market digests the positive catalysts from supply disruptions and cost advantages.

DOW
Bear Case

Investors should be bearish about investing in Dow Inc. for these reasons:

The company reported a fourth-quarter 2025 loss of 34 cents per share, indicating that recent fundamentals have been challenging and that the current rally is driven by external geopolitical factors rather than immediate operational profitability.
There is growing concern among analysts that the company may be sacrificing future growth to protect its dividend, with reports suggesting that capital expenditure cuts and rising payouts could create a trap for yield-hungry investors if the underlying business does not recover.
Dow Inc. is reportedly considering selling its 35% stake in Sadara Chemical, a $20 billion joint venture with Saudi Aramco, which signals a major portfolio reshaping amid a prolonged downturn in the global chemicals industry and introduces uncertainty about the company's long-term strategic direction.
Recent news highlights that Dow Inc. has handed shareholders painful dividend cuts, which contrasts with peers who have maintained or raised payouts, raising questions about the sustainability of the current income stream and the company's financial resilience during this downcycle.
The stock has experienced volatility and underperformance relative to the general market in recent trading sessions, such as a 1% drop on September 29, 2026, reflecting ongoing margin pressures across the global commodity chemicals sector that could continue to weigh on the share price.

DOW Forecast - Frequently Asked Questions

According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for DOW is $34.82, with a high forecast of $45.00 and a low forecast of $29.00.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DOW in the last year. There are currently 2 sell ratings, 10 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DOW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DOW, but not buy additional shares or sell existing shares.

According to analysts, DOW's stock has a predicted upside of 24.49% based on their 12-month stock forecasts.

Over the previous 90 days, DOW's stock had 2 downgrades and 1 upgrade by analysts.

DOW has been rated by research analysts at Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Royal Bank Of Canada, The Goldman Sachs Group, UBS Group, and Weiss Ratings in the past 90 days.

Analysts like DOW less than other "materials" companies. The consensus rating for DOW is Hold while the average consensus rating for "materials" companies is Moderate Buy. Learn more on how DOW compares to other companies.

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MarketBeat monitors more than a dozen sources for DOW analyst ratings, with the most recent rating issued on 10/1/2026.

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DOW (DOW) Stock Forecast & Price Target