WallStSmart
DOW

Dow Inc

NYSE: DOW · BASIC MATERIALS · CHEMICALS

$39.55
+4.05% today

Updated 2026-04-29

Market cap
$28.51B
P/E ratio
P/S ratio
0.73x
EPS (TTM)
$-4.00
Dividend yield
4.60%
52W range
$20 – $43
Volume
14.9M

Dow Inc (DOW) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$39.55
Consensus
$35.76
-9.58%
2030 Target
$749.34
+1794.66%
DCF
$70.28
+51.62% MoS
17 analysts:
4 Buy10 Hold1 Sell

Management guidance

Dow Inc. announced a 'Transform to Outperform' strategy targeting $2 billion in annual EBITDA improvement by 2027 through workforce reduction (13%) and operational efficiency. CEO guidance indicates the company is restructuring to capture cost advantages from its U.S. Gulf Coast assets, but specific revenue targets for 2026-2030 were not disclosed in available materials.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,250.28
$45.0B Rev × 20x P/S
Base case (2030)
$749.34
$45.0B Rev × 12x P/S
Bear case (2030)
$500.94
$45.0B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$44.6B$43.0B$40.0B$41.3B$42.5B$43.4B$44.2B$45.0B
Revenue growth-3.7%-7.0%3.3%2.9%2.2%1.8%1.8%
EPS$2.24$1.63$-0.93$-0.29$0.56$0.85$1.15$1.42
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$687.24$707.94$724.50$736.92$749.34

Catalysts & risks

Growth catalysts
+ Middle East petrochemical supply disruptions driving 50% price increases and force majeure declarations
+ $2 billion EBITDA improvement target from 'Transform to Outperform' restructuring by 2027
+ U.S. Gulf Coast production cost advantages amid global petrochemical overcapacity
+ Recovery in demand as geopolitical supply shocks normalize and pricing stabilizes
Key risks
- Analyst consensus warns of 'unsustainable market tailwinds' — petrochemical price spikes are temporary; BofA predicts significant weakness after Q2 2026 peak
- Global petrochemical overcapacity, particularly from China, will pressure margins long-term
- Cyclical chemicals industry: current rally driven by supply disruptions, not structural demand growth
- Company reported -6.6% profit margin and -$3.70 EPS (TTM) — profitability recovery uncertain
- Recent dividend cuts signal financial stress; debt/equity of 1.22x limits financial flexibility

Methodology

Dow Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 17 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.