From Financial Modeling Prep: 2025-04-15 17:05:00

Dow’s stock dropped 4% after BofA Securities downgraded it to Underperform, citing economic challenges and trade restrictions. EBITDA forecasts for 2025 and 2026 were cut by 17% and 23% to $4.8 billion and $5.4 billion. Concerns include a vulnerable $2 billion dividend and projected $2.6 billion free cash flow shortfall over two years.

Despite a 19% drop since April 2nd, BofA sees more downside for Dow due to worsening earnings outlook and balance sheet pressure. Valuation concerns also contribute to the bearish sentiment on the stock.



Read more at Financial Modeling Prep:: BofA Cuts Dow Rating to Underperform, Shares Drop …