Royal Bank of Canada cuts Qnity Electronics stock target to USD 160.00
Published on 10/15/2026 at 22:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRoyal Bank of Canada target cut
- Royal Bank of Canada lowered its Qnity target from USD 189.00 to USD 160.00 on October 15, 2026.
- Second-quarter 2026 revenue reached USD 1.43 billion and earnings per share came to USD 1.19.
- Qnity Electronics stock costs EUR 106.50 at Lang & Schwarz on October 15, 2026 at 9:59 p.m. CEST.
- Qnity Electronics trades at a P/E ratio of 42.67, and its next earnings date is November 4, 2026.
Royal Bank of Canada lowered its Qnity Electronics target from USD 189.00 to USD 160.00 in a research note dated October 15, 2026. The new target stands 33.86 percent above the USD 119.53 NYSE price at the latest quoted level. Qnity Electronics stock was trading at EUR 106.50 at Lang & Schwarz on October 15, 2026 at 9:59 p.m. CEST.
Second-quarter results set the earnings base
Qnity reported revenue of USD 1.43 billion for the second quarter of 2026, while earnings per share reached USD 1.19 against a USD 1.07 consensus estimate. The figures imply a USD 0.12 earnings-per-share beat for the quarter, according to MarketBeat, which dated the results to August 4, 2026.
Stock sits below its yearly high
The NYSE quote last stood at USD 119.53 at 4:00 p.m. ET on October 15, 2026. Qnity's 52-week range was USD 70.50 to USD 177.28 on the same market report, putting the latest USD price 32.58 percent below the high. At Lang & Schwarz, the bid was EUR 106.00 and the ask EUR 107.00 at 9:59 p.m. CEST.
Valuation and the next earnings date
Qnity had a market capitalization of USD 25.0 billion and a P/E ratio of 42.67 as of October 15, 2026. The investor-relations calendar lists November 4, 2026 for the third-quarter 2026 earnings call, with the company identifying the event as its next quarterly report date at Qnity Electronics.
Comparison with peers
Qnity Electronics (NYSE, USD): P/E 42.67, market capitalization USD 25.0 billion
Applied Materials (NASDAQ, USD): minus 3.72 percent, P/E 37.11, market capitalization USD 341.3 billion
Lam Research (NASDAQ, USD): minus 3.30 percent, P/E 48.20, market capitalization USD 347.2 billion
The euro quote after hours
The current euro quotation places Qnity at EUR 106.50 at Lang & Schwarz on October 15, 2026 at 9:59 p.m. CEST. The latest primary-market price was USD 119.53 on the NYSE at 4:00 p.m. ET.
The further course of trading is shown by the continuously updated real-time quote of Qnity Electronics stock.
Qnity Electronics market data
- Company: Qnity Electronics, Inc.
- ISIN: US74743L1008
- Ticker: Q
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 9:59 p.m. CEST): EUR 106.50
- Market capitalization: USD 25.0 billion (as of October 15, 2026)
- 52-week range: USD 70.50-177.28 (as of October 15, 2026)
- Sector / Industry: Technology / Semiconductors
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
