Dow Inc. (DOW)
NYSEMaterialsChemicalsSnapshot 2026-07-07
$28.64+4.77%
Close 2026-07-07 · 1-day change
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Track DOW free→Dow is cutting costs and improving cash flow with a $6 billion target by 2026. New CEO Karen S. Carter may bring fresh leadership. The company beat earnings in recent quarters despite revenue declines. Analysts expect about 10% revenue growth next year.
Dow is still loss-making with negative free cash flow. Revenue is falling and the sector faces headwinds. The recent sharp selloff shows investor doubts. Cost cuts may not be enough to restore profits soon.
The price is about 44% below our fair value near $52, reflecting skepticism. Analysts expect nearly 10% revenue growth, which we view as achievable but not guaranteed.
Breaks if: cash and cost support falls below $6 billion by 2026-Q4
Deliver more than $6 billion in near-term cash and cost support actions by 2026, including cost reductions and portfolio optimization.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated as a priority in 4 of last 4 quarters. Management has consistently communicated a target of more than $6 billion in near-term cash and cost support by 2026. Financial results show improving cash from operations, with $1.1 billion in 2026-Q1, up from $298 million in 2025-Q4, supporting progress toward this target. The trajectory shows delivering progress on cost and cash actions.
“Transform to Outperform, which is already becoming a catalyst for growth, productivity and sustained value creation well into the future.”
“In 2025, we achieved well over half of our more than $6.5 billion in near-term cash and cost support actions.”
“We remain on track to deliver more than $6.5 billion in near-term cash support, with over half already achieved.”
“We anticipate near-term cash support and earnings growth levers will total more than $6 billion by 2026.”
Breaks if: Leadership fails to stabilize or improve company performance
Breaks if: EPS remains negative or below $2.8 in 2026-FY
Breaks if: revenue growth falls below ~9.9% YoY next year