Q
Qnity Electronics, Inc
NYSE: Q · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$150.65
+1.03% today
Updated 2026-06-12
Market cap
$32.60B
P/E ratio
50.24
P/S ratio
6.58x
EPS (TTM)
$3.10
Dividend yield
0.09%
52W range
$70 – $171
Volume
1.7M
Qnity Electronics, Inc (Q) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed Q price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$150.65
Today
Analyst consensus
$151.33
+0.45% · 12M
2030 Base
$206.75
+37.24% future
NPV today
$127.79
@ 11% WACC
10 analysts:
8 Buy2 Hold0 Sell
Management guidance
Qnity raised full-year 2026 revenue guidance citing strong AI-driven semiconductor demand. Latest Q1 2026 earnings (May 12, 2026) showed $1.32B in quarterly revenue (+17.62% YoY), implying ~$5.4B+ for FY2026. Management commentary emphasized sustained capex from hyperscalers (Meta, Microsoft, NVIDIA) through 2028, with backlog visibility supporting double-digit growth through 2027-2028.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
Q · Qnity Electronics, Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$147.42
NPV today: $91.12
Base case (2030)
$206.75
NPV today: $127.79
Bull case (2030)
$384.74
NPV today: $237.81
WallStSmart.com
Q financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $4.8B | $5.4B | $7.2B | $9.0B | $10.8B | $12.4B |
| Revenue growth | 9.7% | 14.1% | 31.9% | 26.1% | 19.7% | 15.0% |
| Net margin | — | 16.1% | 16.8% | 16.8% | 16.8% | 16.8% |
| EPS | $2.46 | $4.17 | $5.75 | $7.25 | $8.65 | $9.95 |
| Diluted shares | — | 209M | 209M | 209M | 209M | 209M |
| Net debt | — | $-728.24M | $-1.69B | $-2.90B | $-4.35B | $-6.02B |
| P/S multiple | — | 3.0x | 3.0x | 3.0x | 3.0x | 3.0x |
| Implied price (base) | — | $81.15 | $110.53 | $143.12 | $175.56 | $206.75 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $12.4B | $12.4B | $12.4B |
| P/S multiple | 2.0x | 3.0x | 6.0x |
| Diluted shares | 209M | 209M | 209M |
| Net debt | $-6.02B | $-6.02B | $-6.02B |
| Implied P/E † | 15x | 21x | 39x |
| 2030 Price | $147.42 | $206.75 | $384.74 |
| NPV @ 11% | $91.12 | $127.79 | $237.81 |
† Implied P/E: Multiples remain elevated across all three scenarios because Q is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $206.75 base case
Q catalysts and risks
Growth catalysts
+ Hyperscaler AI capex acceleration (Meta $60B+, Microsoft $80B+ through 2028) driving semiconductor equipment demand
+ Qnity's NVIDIA partnership and $61.5M Taiwan facility expansion signaling TAM confidence and manufacturing capacity increase
+ Sustained semiconductor industry consolidation; Qnity gaining market share as category leader in advanced materials and equipment
Key risks
- Semiconductor cycle downturn or hyperscaler capex pullback after 2027 could compress growth rates faster than projected
- Supply chain geopolitical risk (Taiwan facility exposure, China trade restrictions) could disrupt manufacturing ramp
- High valuation (52.7x P/E, 6.48x P/S) leaves limited margin for error; any miss could trigger multiple compression
Methodology · Qnity Electronics, Inc 2030 stock forecast model
Qnity Electronics, Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 10 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (0% cumulative for Q by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-6.02B by 2030) |
| 3. Time value | NPV calculated using 11% WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 2.0x / base 3.0x / bull 6.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
Q price target FAQ
What is the Q price target for 2030?
WallStSmart's Qnity Electronics, Inc 2030 base case is $206.75 per share, with a bull case of $384.74 and bear case of $147.42. The NPV of the base case discounted to today at 11% WACC is $127.79.
How is the Qnity Electronics, Inc 2030 stock forecast calculated?
The Q 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the Q price target account for dilution?
Qnity Electronics, Inc is projected to grow diluted share count from 209M to 209M by 2030 (a 0% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 0%.
What is the analyst consensus on Q stock?
10 analysts cover Q with an average 12-month price target of $151.33. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.