RBC cuts target for Qnity Electronics stock from USD 189 to USD 160

Published on 10/20/2026 at 19:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 1.43 billion in the second quarter. Qnity Electronics stock costs EUR 105.50 on October 20, 2026, 0.47 percent below Xetra close.

Analyst target and reporting date

Royal Bank of Canada retained an outperform rating on October 15, 2026.
Qnity reported USD 1.43 billion revenue for the second quarter of 2026.
Qnity Electronics stock costs EUR 105.50 at Lang & Schwarz on October 20, 2026 at 6:58 p.m. CEST, 0.47 percent below the Xetra close of October 20, 2026.
Qnity is scheduled to report third-quarter results on November 4, 2026.

Qnity Electronics, US74743L1008, Illustration mit AI erstellt.

Royal Bank of Canada cut its Qnity Electronics price target from USD 189.00 to USD 160.00 on October 15, 2026, while retaining an outperform rating, as MarketBeat reported. At Lang & Schwarz, the stock was trading at EUR 105.50 on October 20, 2026 at 6:58 p.m. CEST, down 0.47 percent versus the Xetra close of October 20, 2026.

Revenue reached USD 1.43 billion

Qnity reported USD 1.43 billion in revenue for the second quarter ended June 30, 2026, according to MarketBeat. The quarter's diluted earnings per share were USD 0.59, while operating profit reached USD 276.0 million. Revenue therefore remains the clearest operating figure for assessing the company's semiconductor materials and interconnect businesses.

The stock sits below its yearly high

The NYSE quote stood at USD 118.40 on October 20, 2026 at 1:01 p.m. EDT, down 0.55 percent on the session. Qnity's 52-week range was USD 70.50 to USD 177.28, placing the US quote below its yearly high while the euro quote remained close to the Xetra level.

What does the target cut mean?

RBC's USD 160.00 target stood 35.14 percent above the USD 118.40 NYSE quote on October 20, 2026. The change matters because the previous USD 189.00 target implied a larger valuation gap, even though the bank kept its outperform view.

Results are scheduled for November 4

Qnity Electronics said on October 1, 2026 that it will release third-quarter results before the market opens on November 4, 2026, followed by an 8:00 a.m. ET conference call. The next report will give investors a fresh test of revenue growth, operating profit and the company's full-year outlook.

Euro quote after the Xetra close

Qnity Electronics was trading at EUR 105.50 at Lang & Schwarz on October 20, 2026 at 6:58 p.m. CEST, 0.47 percent below the Xetra close of October 20, 2026 at EUR 106.00. The NYSE quote was USD 118.40 at 1:01 p.m. EDT on the same date, providing a separate home-market reference. The further course of trading is shown by the continuously updated real-time quote of Qnity Electronics stock.