Dow Inc stock jumps, then steadies in premarket as analysts reset targets ahead of earnings

9 January 2026

New York, Jan 9, 2026, 07:40 (EST) — Premarket

Dow Inc (DOW) shares were up 0.15% at $25.96 in Friday premarket action, following a 4.52% jump that left the chemical maker at $25.92 by the prior session’s close.

The shift comes as investors hunt for any indication the U.S. chemicals slump may be letting up, at least in certain areas. Bank of America lowered its price target on Dow to $25 from $26 and maintained a neutral rating, cautioning that commodity chemicals — bulk products that tend to trade on supply and demand — are dealing with “growing oversupply,” and that some anticipated catalysts are “too new to rely on.” TipRanks

Dow beat several close peers in Thursday trading, as Linde gained 1.28% and DuPont rose 0.39% while Air Products edged down 0.25%, according to MarketWatch data. Still, even with the pop, Dow’s shares were roughly 39% under their 52-week high.

Mizuho analyst John Roberts lifted his price target on Dow to $27 from $25 and maintained a Neutral rating, pointing to recent shifts in the market. A price target is a broker’s estimate of where a stock could trade over the next year.

Risk sentiment still hinged on the U.S. employment backdrop, as markets zeroed in on Friday’s December nonfarm payrolls report. The numbers can rapidly reset rate-cut expectations, and that shift often spills over into cyclical shares tied to manufacturing demand.

Dow’s next major company-specific event is its fourth-quarter earnings release and conference call on Jan. 29 at 8:00 a.m. ET, as listed on its investor events calendar.

Investors will be tuning in for remarks on plastics pricing, whether customers are rebuilding inventories, and any updates on operating rates and cost actions. For Dow, the outlook can matter more than the quarter.

The setup can swing either way, though. If demand remains uneven or supply continues to build, any price pop can reverse quickly once the regular session starts and trading volume picks up.

The first hurdle comes at 8:30 a.m. ET, when the Labor Department publishes the Employment Situation report for December 2025. Then the spotlight shifts to Dow’s Jan. 29 earnings release and call.

Shan Ahmed Khan Latest posts

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

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