Wells Fargo lifts target for Dow stock to USD 40.00

Published on 10/24/2026 at 18:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dow's third-quarter sales rose 13 percent to USD 11.3 billion on October 22, 2026. Dow stock costs EUR 29.03 on October 24, 2026 at 1:04 p.m. CEST.

Analyst target and earnings

Wells Fargo lifted its Dow target from USD 35.00 to USD 40.00 on October 23, 2026.
Dow reported third-quarter sales of USD 11.3 billion, up 13.00 percent year over year, on October 22, 2026.
Dow stock was trading at EUR 29.03 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

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Wells Fargo lifted its price target for Dow from USD 35.00 to USD 40.00 on October 23, 2026, according to MarketScreener. The stock was trading at EUR 29.03 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

Third-quarter sales reached USD 11.3 billion

Dow reported third-quarter net sales of USD 11.3 billion for the period ended September 30, 2026, up 13.00 percent from USD 9.97 billion a year earlier. The figures came in the company's release carried by Morningstar from PR Newswire.

GAAP net income reached USD 525 million in the quarter, while GAAP earnings per share stood at USD 0.62. Operating earnings per share were USD 0.71, compared with a loss of USD 0.19 in the year-earlier period, with the company identifying significant items of USD 0.09 per share.

Dow stock remains below its yearly high

Dow's primary listing is on the NYSE. The stock last stood at USD 32.61 on October 23, 2026 at 4:00 p.m. EDT, while its 52-week range was USD 20.93 to USD 42.74. The market capitalization was USD 23.6 billion as of October 23, 2026, and the year-to-date gain was 39.48 percent.

The USD 40.00 Wells Fargo target is 22.66 percent above the USD 32.61 NYSE price. That distance gives the analyst action more weight than a simple headline move, but the target remains a research view rather than a company forecast.

Dividend date follows the results

Dow's next dated shareholder event is November 30, 2026, when a USD 0.35 per share dividend is scheduled to go ex-dividend, according to MarketScreener. The calendar date gives investors a concrete next checkpoint after the October 22 earnings release.

Dow's operating improvement has limits

The quarterly release linked higher sales to a 14.00 percent increase in local prices, while volume declined 1.00 percent year over year. Packaging and Specialty Plastics generated USD 5.8 billion of sales, up 18.00 percent, whereas Industrial Intermediates and Infrastructure reached USD 3.1 billion, up 8.00 percent.

Cash provided by continuing operations was USD 1.8 billion in the third quarter, up USD 709 million year over year. Dow also reported USD 1.1 billion of free cash flow, so the earnings improvement was accompanied by stronger operating cash generation.

Dow stock and its euro quotation

Dow stock was trading at EUR 29.03 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Dow stock.