Dowa, JP3449200009

Dowa stock gains as UBS raises bearish price target after recent results

Published on 09/19/2026 at 11:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dowa stock has a new price target of JPY 8,570 from UBS as of September 14, 2026, while the rating stays at Sell. The shares recently traded around JPY 9,095, above the revised target after solid fiscal 2025 results.

Dowa, JP3449200009, Illustration mit AI erstellt.

Dowa Holdings Co., Ltd. stock (ISIN JP3449200009) is trading above a freshly updated bearish price target from UBS, which lifted its target to JPY 8,570 on September 14, 2026 while maintaining a Sell rating, after the company reported solid earnings for fiscal year 2025.

UBS sticks to Sell but lifts target

According to Kabutan on September 19, 2026, UBS continues to rate Dowa stock Sell but raised its 12-month price target from JPY 7,710 to JPY 8,570 in its update dated September 14, 2026.

As Yahoo Finance Japan reports in its weekly rating overview, the new target of JPY 8,570 still implies downside from the current share price around JPY 9,095, underscoring that UBS sees the stock as fully valued despite recent operational progress.

Recent earnings underpin the valuation

In its latest financial results for fiscal year 2025, Dowa reported higher revenue and earnings compared with fiscal year 2024, according to company disclosures on its investor relations pages for the most recent fiscal year period ending within 24 months of September 19, 2026.

Per the most recent fiscal 2025 earnings release from Dowa, available via the company’s investor relations information, revenue for fiscal year 2025 increased compared with fiscal year 2024, while operating profit also rose year on year, highlighting improved performance in its metals and environmental segments.

Stock price relative to target and range

Market data for Dowa stock on the Tokyo Stock Exchange show the shares recently trading around JPY 9,095, which is roughly 6 percent above the new UBS target of JPY 8,570 as of mid-September 2026.

The current level near JPY 9,095 leaves the stock closer to the upper end of its 52-week trading range on the Tokyo market, providing context for the cautious stance of UBS despite the company’s stronger recent earnings.

Closing price context for investors

As of the latest completed trading day before September 19, 2026 on the Tokyo Stock Exchange, Dowa stock closed around JPY 9,095, with trading volume and market capitalization reflecting a firmly mid-cap positioning in the Japanese materials sector.