Mizuho Raises Qnity Electronics (NYSE:Q) Price Target to $180.00

Qnity Electronics (NYSE:Q) had its price target boosted by investment analysts at Mizuho from $170.00 to $180.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the premier technology solutions leader’s stock. Mizuho’s price objective indicates a potential upside of 9.63% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. BMO Capital Markets restated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Qnity Electronics currently has an average rating of “Moderate Buy” and an average target price of $152.44.

Qnity Electronics Stock Performance

NYSE:Q opened at $164.19 on Wednesday. The company has a market capitalization of $34.37 billion and a P/E ratio of 56.42. The business has a fifty day simple moving average of $152.87 and a two-hundred day simple moving average of $121.64. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. Qnity Electronics has a 1 year low of $70.50 and a 1 year high of $177.28.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion for the quarter. The business’s revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, analysts expect that Qnity Electronics will post 4.08 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $25,000. Dunhill Financial LLC bought a new stake in Qnity Electronics during the 4th quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Qnity Electronics by 71.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after acquiring an additional 89 shares during the period. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics during the 4th quarter worth approximately $26,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics in the 4th quarter worth approximately $27,000.

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.