EL7.AI
StocksUpdated•Originally published 13 May 2026•Updated 13 May 2026•
1 min read

Argus Upgrades Dow Inc. to Buy on Expected Earnings Inflection Point

Chemical plant illustration with a stock rating gauge pointing to buy, under a Dow logo on an orange background.

Key Facts

1Argus upgraded Dow Inc. (NYSE:DOW) to 'buy' from 'hold' with a price target of $46.00.
2Analysts expect an earnings inflection point and net income growth for Dow Inc. despite macroeconomic volatility.
3The company's stock has gained 75% over six months, though it currently trades above its Fair Value estimate.

Argus Research has upgraded Dow Inc. (DOW) from 'hold' to 'buy', setting a new price target of $46.00 per share. Analysts cite an expected earnings inflection point and projected growth in net income as primary drivers, even amidst ongoing macroeconomic volatility. According to reports, while the stock has surged 75% over the last six months, it is currently trading above its estimated Fair Value.

This upgrade comes as major chemical peers face mixed market conditions; for instance, LyondellBasell (LYB) recently reported margin pressure due to fluctuating energy costs, per market data. However, analysts remain optimistic about Dow's operational efficiency. Recent Q1 2026 earnings research indicates a gradual recovery in industrial demand compared to the previous year, supporting the bullish outlook on Dow's market positioning within the basic materials sector.

Investors are currently monitoring DOW price levels following its recent performance (close May 12, 2026). Looking ahead, market participants are weighing global industrial health through indicators such as German Factory Orders, which rose 5% on May 7, 2026. Additionally, the EIA Weekly Petroleum Report showing a 2.314 million barrel draw on May 6, 2026, remains a key factor for monitoring feedstock cost trends affecting the chemicals industry.