Summary:
- DuPont's (DD, Financial) new spin-off, Qnity Electronics, aims to redefine the semiconductor and electronics materials industry.
- Analysts project a significant upside for DuPont's stock, highlighting its "Outperform" status.
- GuruFocus estimates reveal an attractive GF Value for DuPont, indicating strong growth potential.
DuPont (DD) has unveiled the official name for its forthcoming independent electronics entity: Qnity Electronics. This strategic spin-off is poised to carve a niche in the semiconductor and electronics materials sector, fostering innovation in computing and connectivity. With the appointment of key executives, Qnity is well-prepared to make a notable entrance into the market.
Wall Street Analysts Forecast
According to insights from 15 analysts, the average target price for DuPont de Nemours Inc (DD, Financial) stands at $86.76, with projections ranging from a high of $116.00 to a low of $73.00. This average target suggests a potential upside of 32.11% from the current trading price of $65.67. For more comprehensive estimate data, visit the DuPont de Nemours Inc (DD) Forecast page.
The consensus recommendation from 19 brokerage firms places DuPont de Nemours Inc (DD, Financial) at an average recommendation of 2.1, signifying an "Outperform" status. This is based on a rating scale from 1 to 5, where 1 is indicative of a Strong Buy, and 5 represents a Sell.
GuruFocus has determined that the estimated GF Value for DuPont de Nemours Inc (DD, Financial) over the next year is $85.16, indicating an expected upside of 29.68% from the current price of $65.67. The GF Value epitomizes GuruFocus' approximation of the fair trading value of the stock, derived from historical trading multiples, past business growth, and anticipated future business performance. For a deeper dive into the data, explore the DuPont de Nemours Inc (DD) Summary page.
