Qnity Electronics (Q)
NYSEInformation TechnologySemiconductorsSnapshot 2026-09-04
$120.47+1.69%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologySemiconductorsSnapshot 2026-09-04
QuarterlyIQ Insights · Q
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -21.3% |
| Our one-year growth estimate | diamond | 14.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 210 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 35.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 0 industry peers · Company calendar date is not available
Q — CEO transition
Dated 2026-08-21
CFO — Ken Rizvi: The filing announces the external hire of a new CFO and the internal role change of the interim CFO, which is a significant management change but not a departure of a sitting executive.
Why it matters: This report will provide insights into Qnity's performance and outlook for the year.
Watch forEarnings report shows revenue and EPS growth compared to Q1 2026.
Also watch forEarnings report shows revenue and EPS decline compared to Q1 2026.
Why it matters: A drop in sector growth could impact Qnity's performance and outlook.
Worry ifSector revenue growth reported below 5% year over year.
Less concerning ifSector revenue growth remains above 10% year over year.
Why it matters: If revenue guidance is confirmed, it shows strong demand and growth.
Supportive ifQ2 2026 revenue guidance confirmed at $5.225B - $5.375B.
Worry ifQ2 2026 revenue guidance revised down below $5.225B.
Why it matters: Progress on this plan could improve productivity and profits over time.
Watch forThe transformation plan shows clear cost savings or productivity gains.
Also watch forNo major progress on the transformation plan is reported by the end of 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$265 on $10,000 · ±2.6% | How much price usually moves either way. |
| Bad day | $598 loss on $10,000 · 6.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,425 loss on $10,000 · 34.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Updates on free cash flow will show if Qnity can meet its cash flow goals for 2026.
Supportive ifAdjusted FCF reported above $150M for Q2.
Worry ifAdjusted FCF reported below $100M for Q2.
Why it matters: Earnings results will show how well the company is doing and market trends.
Watch forQ2 2026 earnings show adjusted EPS above $3.55.
Also watch forQ2 2026 earnings show adjusted EPS below $3.55.
Why it matters: Qnity raised its 2026 revenue guidance to $5.225B - $5.375B. This shows growth.
Supportive ifManagement says full-year revenue guidance is still at or above $5.225B.
Worry ifManagement cuts full-year revenue guidance to under $5.225B.
Why it matters: Updates to revenue guidance can signal ongoing demand strength or weakness in the market.
Supportive ifManagement raises full-year revenue guidance to over $5.65B. This is due to strong Q3 results.
Worry ifGuidance stays at or below $5.55B. This shows weaker demand expectations.
Why it matters: Falling below this target may show cash problems. This can affect future investments and growth.
Worry ifAdjusted free cash flow was above $600 million. This shows strong cash generation.
Less concerning ifAdjusted free cash flow was below $600 million. This raises worries about cash management.
Why it matters: Share buybacks show that management believes in the company's value and future.
Supportive ifThey announced share buybacks of $500 million to happen in the next quarter.
Worry ifNo share buybacks were announced or done in the next quarter.
Why it matters: Doing well could boost productivity and profits. This can help long-term growth.
Supportive ifThe transformation plan aims for a $100 million EBITDA benefit each year by 2028.
Worry ifThe transformation plan does not meet expected benefits by 2028.
Why it matters: A drop below this level would indicate challenges in maintaining profit growth. Investors will assess if the growth story is intact.
Worry ifQ3 adjusted EPS was above $1.10. This shows strong earnings growth.
Less concerning ifQ3 adjusted EPS was below $1.10. This points to profit growth problems.
Why it matters: Meeting this target would show strong demand. It would also show good performance in the semiconductor sector.
Supportive ifQ3 revenue growth of 20% or more year over year.
Worry ifQ3 revenue growth falls below 15% year over year.
Why it matters: Reaching this target would show strong cash flow and good financial health for Qnity.
Supportive ifAdjusted free cash flow reported between $600 million and $700 million.
Worry ifAdjusted free cash flow reported below $500 million.
Why it matters: Falling below this level might show lower profits and hurt investor trust.
Worry ifAdjusted EPS reported at or above $4.40.
Less concerning ifAdjusted EPS was below $4.20.