DuPont de Nemours, Inc. (DD) is a Wilmington-based company that offers various technology-based materials and solutions, including construction materials, adhesives, electronics, fabrics, and more. Despite market volatility, DD’s stock has outperformed the S&P 500 and Materials Select Sector SPDR Fund (XLB) on a year-to-date basis.
Following a 1% drop in DD’s shares after reporting Q3 results, the company showed a 7.3% year-over-year revenue increase to $3.1 billion. Analysts predict a 53.8% decline in EPS for the current fiscal year, but DD has consistently beaten earnings estimates in the past four quarters.
Analysts overall rate DD as a “Moderate Buy,” with price targets suggesting a potential upside of 24.3% from current levels. The mean price target of $69.46 implies a 72.6% premium, while a Street-high target of $104 indicates a potential 158.4% upside.
Read more at Yahoo Finance: Are Wall Street Analysts Predicting DuPont de Nemours Stock Will Climb or Sink?
