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QQnity Electronics, Inc.
$133.63$27.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
Q logo

Qnity Electronics, Inc.

Q
NYSE · Semiconductors
$133.63
At close - Oct 6, 4:00 PM EDT - USD
Market Cap$27.97B
P/E40.5x
52W High$177.28
Volume1.33M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Growth Tempered by EPS Volatility and Goodwill

Qnity Electronics is executing a successful pivot toward advanced-node semiconductor materials, evidenced by 22.1% YoY revenue growth and gross margin expansion to 46.6% in 2026Q2. The balance sheet has strengthened post-spin with D/E down to 0.53, yet the $7....

GrowthAccelerating
ProfitabilityStable
ValuationExpensive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

Q price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/9 Beats

EPS beat 4 of last 9 quarters

02

Valuation risk

-22% Peers

P/E is 22% below peer median

03

Market leadership

RS 70 · Avg

Average momentum (RS Rating: 70)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Nov 4
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue accelerated 22.1% YoY to $1.4B with gross margin expanding to 46.6%, though operating margin contracted to 19.3% and EPS fell 34.4% YoY, indicating cost pressures.

Analyst Consensus+31.6% target
Buy(4 analysts)
4 Buy0 Hold0 Sell

The Bull Case

Upside Catalysts

Semiconductor market growth

Qnity stands to benefit from a bull case scenario where semiconductor volumes accelerate to 10% annual growth, particularly in advanced 3nm/2nm nodes.

Strong asset backing

With a tangible asset base of $3.85B providing 5.42x coverage of working capital and 12.05x coverage of other current liabilities, Qnity has robust operational and financial backing.

Advanced technology solutions

As a premier pure-play technology solutions provider, Qnity enables advanced computing, smart technologies, and connectivity through its Semiconductor Technologies and Interconnect Solutions segments.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 10/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
Q+57.53%
S&P 500 (^GSPC)+14.04%
1-Year Return
Q+40.54%
S&P 500 (^GSPC)+16.00%
3-Year Return
Q+40.54%
S&P 500 (^GSPC)+84.02%
5-Year Return
Q+40.54%
S&P 500 (^GSPC)+81.85%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
39.3x
Forward P/EExpansion
29.4x
EV/EBITDA100th %ile
22.5x
FCF YieldCash Flow
3.6%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
39.3x
24.7x
100th· High
EV/EBITDA
22.5x
15.2x
100th· High
Price/FCF
27.5x
17.3x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$11.83-91.1%
Base (Fair)$5.79-95.6%
Bull$22.43-83.2%
$11.83 Bear$5.79 Base$22.43 Bull
Current Market Price: $133.63
Trades at a 2207.9% premium to Base DCF ($5.79)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$4.75B+9.7% YoY
Net income
$692M-0.1% YoY
Free cash flow
$988M+14.8% YoY
Operating margin
21.3%+1.8 pts YoY
ROIC (TTM)6.8%
Avg ROIC 5Y-
ROE (TTM)7.6%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/9 (100%)
Revenue Beat Rate4/9 (100%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 4, 2026
$1.19+11.2%
vs $1.07
$1.4B+4.7%
vs $1.4B
Q2 2026
May 12, 2026
$1.08+17.1%
vs $0.92
$1.3B+3.5%
vs $1.3B
Q1 2026
Feb 26, 2026
$0.82+30.6%
vs $0.63
$1.2B+2.8%
vs $1.2B
Q4 2025
Nov 6, 2025
$0.74+13.0%
vs $0.66
$1.3B+8.9%
vs $1.2B
Historical baseline: 9 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·Oct 1, 2026
Qnity Schedules Third Quarter 2026 Earnings Release and Conference Call

WILMINGTON, Del.--(BUSINESS WIRE)--Qnity Electronics, Inc. (“Qnity”) (NYSE: Q), will release its third quarter 2026 financial results before the opening of the market on Wednesday, November 4, 2026. In addition, the company will host a conference call at 8:00 a.m. ET that day. Investors can join the conference call via telephone by dialing (800) 343-5172 (domestic) or +1 (203) 518-9856 (international) and using the participant code QNITY. An audio-only live webcast and presentation materials, a.

Barrons·Sep 22, 2026
Qnity Is Added to the PHLX Semiconductor Index. Why the Stock Is Down.

Semiconductor materials supplier Qnity Electronics was added to a key semiconductor index.

Business Wire·Sep 21, 2026
Qnity Joins PHLX Semiconductor Sector Index (SOX)

WILMINGTON, Del.--(BUSINESS WIRE)--Qnity Electronics, Inc. (“Qnity”) (NYSE: Q), a premier technology solutions leader across the semiconductor value chain, today announced that it has been added to the PHLX Semiconductor Sector Index (SOX). “Joining the PHLX Semiconductor Sector Index marks another important milestone for Qnity as a public company,” said Jon Kemp, Chief Executive Officer of Qnity. “Our inclusion reflects the scale and relevance of our business across the semiconductor value cha.

Seeking Alpha·Sep 10, 2026
Qnity Electronics, Inc. (Q) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Qnity Electronics, Inc. (Q) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Filtered for Qnity Electronics, Inc.More Headlines
04

Compare before deciding

Benchmark Q against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Qnity Electronics, Inc. (Q)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
Q logoQQnity Electronics, Inc.Current
$133.63$27.97B40.499.67%14.56%7.58%0.05%
AVT logoAVTAvnet, Inc.
$106.37$8.72B26.5324.47%1.21%6.77%—
ARW logoARWArrow Electronics, Inc.
$240.40$12.29B21.9910.49%2.26%12.01%—
SNX logoSNXTD Synnex Corp
$278.38$22.27B27.986.94%1.75%14.94%—
BHE logoBHEBenchmark Electronics, Inc.
$85.96$3.09B126.410.11%1.89%4.81%—
PLXS logoPLXSPlexus Corp.
$272.63$7.29B43.551.82%4.03%12.46%—

Compare Q vs Peers

Qnity Electronics, Inc. (Q) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AVT

Most directly comparable listed peer for Q.

Scale Benchmark

vs TXN

Larger-name benchmark to compare Q against a more recognizable public peer.

Peer Set

Compare Top 5

vs AVT, ARW, SNX, BHE

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

Q SEC Filings & Documents

Qnity Electronics, Inc. (Q) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 4, 2026·SEC

Material company update

Jul 1, 2026·SEC

Material company update

May 22, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 26, 2026·SEC

10-Q Quarterly Reports

3
FY 2026

Aug 4, 2026·SEC

FY 2026

May 12, 2026·SEC

FY 2025

Nov 18, 2025·SEC

Get notified when Q posts new earnings or crosses analyst targets

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Q Frequently Asked Questions

Qnity Electronics, Inc. (Q) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Qnity Electronics, Inc.'s revenue?

Qnity Electronics, Inc. (Q) reported $5.21B in revenue for fiscal year 2025. This represents a 29% increase from $4.04B in 2023.

How fast is Qnity Electronics, Inc. growing?

Qnity Electronics, Inc. (Q) grew revenue by 9.7% over the past year. This is steady growth.

Is Q profitable?

Yes, Qnity Electronics, Inc. (Q) is profitable, generating $586.0M in net income for fiscal year 2025 (14.6% net margin).

Dividend & Returns
Does Q pay dividends?

Qnity Electronics, Inc. (Q) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

What is Q's return on equity?

Qnity Electronics, Inc. (Q) has a return on equity (ROE) of 7.6%. This is below average, suggesting room for improvement.

What is Qnity Electronics, Inc.'s free cash flow?

Qnity Electronics, Inc. (Q) generated $825.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in Q back in 2023?

Total return calculator · dividends reinvested · 3+ years of data

See returns →