Reading Q? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track Q free→Reading Q? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track Q free→NYSEInformation TechnologySemiconductor Equipment & MaterialsSnapshot 2026-06-12
Recent financial performance is strong, and management's recent track record has been steady. Risk is moderate, and the sector backdrop is a tailwind, which supports the company's position. Peer multiples imply a price about 32% above where it trades (it looks cheap on this basis); the read is cheap, quality intact. This valuation is supported by the fact that Q trades below peer multiples, and the recent financials and earnings quality are not flashing deterioration. The read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 3 valuation methods, at three horizons. Current price $150.65. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $151 Q trades at 43× p/e, below its 62× p/e peer median. Our $220 fair value sits above the price; medium confidence. Analysts: $120–$200. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price sits about 31% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Not enough signal yet.
Not enough signal yet.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
1 material management or governance event in the past 24 months, led by M&A activity. Historically, Information Technology names rated stable grew net income 56% of the time over the next year (vs 62% for the rest of the cohort, n=797).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.90 → $1.05 (+17.1% / 30d). 4 raised, 0 cut, 5 covering analysts.
0 upgrades, 0 downgrades / 30d. 88% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$266.
How much price usually moves either way.
On a bad day, this stock has moved -$570.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,712.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: A drop in sector growth could impact Qnity's performance and outlook.
Confirms:Sector revenue growth reported below 5% year over year.
Disproves:Sector revenue growth remains above 10% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for Q yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 12, 2026, Qnity Electronics, Inc. (the "Company") issued a press release, attached as Exhibit 99.1, and incorporated herein by reference, announcing results for the first quarter 2026. The information contained in this report, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") or otherwise subject to the…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$120.00 – $200.00 (median $157.50) · 12 analysts · as of 2026-05-13
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
A side-by-side read on sector standing, valuation, and risk versus Semiconductor Materials & Equipment.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
Q Qnity Electronics | — | inexpensive | moderate |
ASML ASML Holding N.V. | — | — | moderate |
AMAT Applied Materials | Above typical Show detailsSector percentile: 81 of 100 | full | elevated |
LRCX Lam Research | Typical Show detailsSector percentile: 68 of 100 | full | elevated |
KLAC KLA Corporation | Above typical Show detailsSector percentile: 98 of 100 | inexpensive | high |
Not investment advice. As of 2026-06-12.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
Qnity aims to achieve revenue between $5.225 billion and $5.375 billion for the fiscal year 2026.
Qnity aims to achieve adjusted free cash flow between $500 million and $600 million for the fiscal year 2026.
Qnity aims to achieve adjusted earnings per share between $3.55 and $3.95 for the fiscal year 2026.
Qnity Electronics aims to achieve net sales between $4.97 billion and $5.17 billion for the fiscal year 2026.
Qnity Electronics aims for adjusted free cash flow between $450 million and $550 million for 2026.
Why it matters: Hitting this cash flow target shows good financial health. It also means the company runs well.
Confirms:Adjusted free cash flow guidance is set between $500M and $600M.
Disproves:Adjusted free cash flow guidance drops below $500M.
Why it matters: Updates on free cash flow will show if Qnity can meet its cash flow goals for 2026.
Confirms:Adjusted FCF reported above $150M for Q2.
Disproves:Adjusted FCF reported below $100M for Q2.
Why it matters: This earnings target helps us see how much money the company makes. It also shows growth potential.
Confirms:Adjusted EPS guidance is confirmed between $3.55 and $3.95.
Disproves:Adjusted EPS guidance falls below $3.55.
Why it matters: EPS results will indicate if Qnity is on track to meet its earnings goals for 2026.
Confirms:Adjusted EPS reported above $0.90 for Q2.
Disproves:Adjusted EPS reported below $0.70 for Q2.
Why it matters: An update could show if Qnity is on track to meet its revenue goals for 2026.
Confirms:Management raises Q2 revenue guidance to at least $1.3B.
Disproves:Management cut Q2 revenue guidance to below $1.2B.
Results of Operations and Financial Condition. On February 26, 2026, Qnity Electronics, Inc. (the "Company") issued a press release, attached as Exhibit 99.1, and incorporated herein by reference, announcing results for the fourth quarter and fiscal year 2025. The information contained in this report, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") or ot…
Other Events. In connection with its Current Report on Form 8-K filed on November 3, 2025, Qnity Electronics, Inc., a Delaware corporation (“Qnity”), indicated it would disclose the numeric percentage of the Applicable Percentage (as defined in the Separation Agreement) of Qnity and the resulting Minimum EBITDA (as defined in that certain Letter Agreement, dated as of June 1, 2019, by and between DuPont de Nemours, Inc., a Delaware Corporation (“DuPont”), f/k/a DowDuPont Inc. and Corteva, Inc…