Q
Q
Qnity Electronics, Inc.
$119.05
+3.19% 2026-10-19
Information TechnologyS&P 500
QSPY
1W
-3.4%
1M
-0.8%
3M
-11.5%
6M
-13.7%
YTD
+46.1%
1Y
–
Grades vs sector
Momentum54th pct in sectorC+
Momentum
54th pct in sector
12-1 return: +32.7%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Growth64th pct in sectorB
Growth
64th pct in sector
Revenue growth (YoY): +22.1%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Value47th pct in sectorC
Value
47th pct in sector
Forward E/P: 4.7% · EBITDA/EV: 5.5%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Profitability40th pct in sectorC-
Profitability
40th pct in sector
Profit margin: +11.2% · Return on equity: +6.7%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Revisionsno data–
Revisions
no data
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
Our models
Not held by any of our 3 live models right now.
Momentum Top 15
not ranked (outside this model's universe or screens)
Quality Growthnot ranked (outside this model's universe or screens)
Momentum Blendnot in the current book
Key stats
Market cap$24.9B
P/E (trailing)42.5
P/E (forward)21.7
52-week range70.50 – 177.28
Revenue growth (YoY, latest qtr)+22.1%
Dividend yield0.28%
Analyst consensusStrong Buy (10)
Mean price target$174.20 (+46%)
Valuation & fundamentals
Bottom line
Leans undervalued
Model read-out from the numbers below, not advice. Score +2 (DCF counts double).
▲DCF (base case)above the price by 95%
▼Forward P/E vs sector21.7x vs median 16.9x
▲Analyst target+46% (10 analysts)
Discounted cash flow
Bear
$112
-6%
growth 13% · disc. 10.2% · term. 2.0%
Base
$233
+95%
growth 22% · disc. 9.2% · term. 2.5%
Bull
$415
+249%
growth 28% · disc. 8.2% · term. 3.0%
A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.
Reverse DCFfor context, not a signal
A normal DCF guesses future cash flows and works out a price. A reverse DCF runs it backwards: it starts from today's price and asks how fast free cash flow would have to grow to justify it. It tells you what the market is assuming, not whether the stock is cheap or expensive, and it is not a buy or sell signal. Glossary
Today's price assumes free cash flow grows about 9% a year for 10 years.
Implied
+9%/yr
FCF, last 3 yrs
n/a
FCF, last 5 yrs
n/a
Revenue, last 3 yrs
n/a
Revenue, last 5 yrs
n/a
Same inputs as the DCF above: trailing free cash flow 1.2B, 9.2% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–
Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.00 (n/a) × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.
Multiples vs Information Technology
P/E (trailing)
pricier
sector median 35.9× · 62nd pct
42.5×pricier
Forward P/E
pricier
sector median 16.9× · 63rd pct
21.7×pricier
EV / EBITDA
sector median 20.8×
–Price / sales
pricier
sector median 4.6× · 53rd pct
4.8×pricier
Price / book
cheaper
sector median 5.1× · 34th pct
3.4×cheaper
FCF yield
cheaper
sector median 3.5% · 64th pct
4.7%cheaper
Forward EPS $5.48 vs trailing $2.80 (+96% expected growth). Forward P/E uses analysts' next-12-month estimate.
Quality & financial health
Gross margin
46.2%
Operating margin
–
FCF margin
22.4%
Net margin
–
Return on equity
–
Return on invested capital
–
Net debt / EBITDA
–
Current ratio
2.0×
Interest cover
–
Cash conversion (OCF/NI)
–
Analysts
Mean target
$174
+46%
Analysts
10
Strong Buy
Range
$150–$211
low – high
● price · ◆ mean target
Annual history
| FY | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $4.8B | – | $1.3B |
| 2024 | $4.3B | – | $1.1B |
| 2023 | $4.0B | – | $882.0M |
From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR –.
Earnings
Next report: 2026-11-04 · before open · EPS est 1.21
EstimateActual (beat)Actual (miss)
| Report | EPS est | Actual | Surprise |
|---|---|---|---|
| 2026-08-04 | 1.07 | 1.19 | +11.0% |
| 2026-05-12 | 0.92 | 1.08 | +17.4% |
| 2026-02-26 | 0.64 | 0.82 | +28.6% |
| 2025-11-18 | 0.66 | 0.95 | +44.0% |
Quarterly revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 2026-06-30 | $1.4B | +22.1% |
| 2026-03-31 | $1.3B | – |
| 2025-12-31 | $1.2B | – |
| 2025-09-30 | $1.3B | – |
| 2025-06-30 | $1.2B | – |
Analyst actions
RBC Capital
PT $160
2026-10-15 · main
Outperform → OutperformPT $160
Truist Securities
PT $170
2026-10-14 · init
→ BuyPT $170
Barclays
PT $211
2026-10-13 · init
→ OverweightPT $211
Mizuho
PT $160
2026-10-01 · main
Outperform → OutperformPT $160
RBC Capital
PT $189
2026-07-14 · main
Outperform → OutperformPT $189
BMO Capital
PT $185
2026-07-06 · main
Outperform → OutperformPT $185
Recent dividends
2026-08-31: $0.080 · 2026-05-29: $0.080 · 2026-02-27: $0.080 · 2025-11-28: $0.060
Insider trades
De Bondt Karin
$138.1K
Director · 2026-08-11
BUY$138.1K
None
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None · None
SELL–
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None · None
SELL–
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None · None
SELL–
News
Semiconductors Are Becoming More Complex. This Spinoff Provides an Easy Way to Profit.
Barrons.com · Oct 15
RBC Cuts Price Target on Qnity Electronics to $160 From $189, Keeps Outperform Rating
MT Newswires · Oct 15
Qnity Announces Fourth Quarter 2026 Dividend on Common Stock
Business Wire · Oct 14
Truist Securities Initiates Coverage on Qnity Electronics With Buy Rating, $170 Price Target
MT Newswires · Oct 14
Qnity Launches Memory Cooling Solutions for AI Data Centers
MT Newswires · Oct 13
Qnity Extends Thermal Management Solutions for Advanced Memory Cooling for AI Data Centers
Business Wire · Oct 13
Barclays Initiates Coverage on Qnity Electronics With Overweight Rating, $211 Price Target
MT Newswires · Oct 13
Qnity Introduces New Kalrez® High-Temperature Sealing Solution for Semiconductor Manufacturing
Business Wire · Oct 06
Stats refreshed 2026-10-19 19:02:42 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now
coteau
Coteau Systematic StrategiesSystematic equity research and model portfolios.Coteau Systematic Strategies publishes research, model portfolios and tools. It does not manage money or offer investment advice. Model results are hypothetical. Data: Yahoo Finance (delayed), SEC EDGAR.