DOW (DOW) Stock Forecast and Price Target (2026)
Last updated July 2026
Short answer
16 analysts covering DOW (DOW) carry an average price target of $35.69 as of July 2026, +19.6% against the $29.84 price at the time of the pull. The published targets run from $29.00 to $48.00, a spread of 53% of the average, so the disagreement is moderate. The rating split is 7 buy, 10 hold, 1 sell. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market. Walnut is not an investment adviser.
DOW analyst price targets
DOW analyst data as of July 2026, sourced from Yahoo Finance and may be delayed. A price target is what an analyst published on a date, not a forecast Walnut endorses, and targets are typically set on a 12-month view. Verify current figures before deciding.
The average target of $35.69 sits above the $29.84 price, +19.6%. The median is $35.00, and where the two differ the median is the steadier read, because one unusually high or low target cannot drag it.
What the DOW target range actually tells you
The published targets span $29.00 to $48.00. That gap is 53% of the average target, which counts as moderate disagreement. That is a fairly typical spread: enough agreement that the average means something, enough disagreement that it should not be treated as precise.
The useful move is to read the high target as one bull scenario and the low target as one bear scenario, then ask which set of assumptions you find more plausible. Both cases are worked through on the DOW is it a buy page.
Recent analyst actions on DOW
| Firm | Action | Target | Prior | Date |
|---|---|---|---|---|
| UBS | Raised (Neutral) | $32.00 | $29.00 | July 25, 2026 |
| JP Morgan | Lowered (Overweight) | $40.00 | $42.00 | July 24, 2026 |
| Morgan Stanley | Lowered (Equal-Weight) | $39.00 | $41.00 | July 20, 2026 |
| BMO Capital | Lowered (Market Perform) | $33.00 | $46.00 | July 6, 2026 |
| Alembic Global | Lowered (Overweight) | $45.00 | $50.00 | July 2, 2026 |
| RBC Capital | Lowered (Sector Perform) | $28.00 | $51.00 | July 1, 2026 |
| Mizuho | Lowered (Neutral) | $35.00 | $43.00 | July 1, 2026 |
| B of A Securities | Lowered (Underperform) | $29.00 | $35.00 | June 30, 2026 |
| Citigroup | Lowered (Buy) | $35.00 | $41.00 | June 24, 2026 |
| UBS | Lowered (Neutral) | $37.00 | $39.00 | June 5, 2026 |
| Citigroup | Lowered (Buy) | $41.00 | $48.00 | May 27, 2026 |
| Argus Research | Upgraded (Buy) | - | - | May 13, 2026 |
The most recent published rating actions on DOW within the last six months, from Yahoo Finance. Each row is dated because a target only means something alongside the date it was set. Walnut is not an investment adviser and does not endorse any of these views.
In the last six months there have been 2 raises and 10 cuts among these actions. The direction of revisions is often more telling than the level, because it shows which way informed opinion is moving.
How analysts rate DOW
Of the analysts with a published rating, 7 say buy, 10 say hold, and 1 says sell, so 39% carry a buy. That mix has been broadly steady over the last three months.
Read the distribution rather than the label. Sell ratings are rare across the entire market for structural reasons, so a stock with no sell ratings is unremarkable, while even a handful of them is worth understanding.
Why a DOW price target is not a prediction
- It is a 12-month model output. An analyst picks assumptions for revenue, margin, and a multiple, and the target falls out of the arithmetic. Change one assumption and the target moves a lot.
- The distribution is skewed. Sell-side coverage carries far more buy ratings than sell ratings across the whole market, so the average is not a balanced vote.
- Targets follow price as often as they lead it. Revisions frequently arrive after a move, not before, which is why a rising target is weak evidence on its own.
- Nobody is scored on it. There is no cost to a target that never gets close, so treat accuracy as unverified unless you check the firm's record yourself.
What could move DOW from here
In short: the drivers cited most often are Chemical-cycle recovery, Restructuring and cost reduction, Feedstock advantage and scale. The risk cited most often against it is the dominant risk is commodity-cycle cyclicality: Dow's plastics and chemicals sell into global markets at prices it does not control, so a prolonged downturn, weak industrial demand, or continued China-led oversupply can keep margins compressed and earnings in the red, as the Q1 2026 net loss showed.
Both sides are worked through properly, with the high and low targets used as the bull and bear anchors, on the DOW is it a buy page. This page deliberately stops at the numbers.
Investing in DOW with AI
Connect the broker you already use and ask Walnut's AI how DOW fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
What is the price target for DOW (DOW)?
+
The average analyst price target for DOW is $35.69 as of July 2026, across 16 analysts. That is +19.6% against the $29.84 price at the time of the data pull, so the consensus sits above where the stock trades. The median target, which is less distorted by one extreme view, is $35.00. Targets move constantly; verify the current figure before relying on it.
How high could DOW go?
+
The highest published target is $48.00, which is +60.9% against the $29.84 price. That is one analyst's most optimistic case, not a ceiling and not a forecast. The lowest is $29.00. The gap between them is the honest answer to this question: analysts who all follow DOW closely disagree by 53% of the average target, so treat any single number as one scenario.
How many analysts cover DOW?
+
16 analysts publish estimates on DOW as of July 2026. Of those with a published rating, 7 say buy, 10 hold, and 1 sell, so 39% carry a buy rating. More coverage usually means the consensus is better informed, though it also means the obvious points are already in the price.
Are analyst price targets for DOW accurate?
+
Treat them as informed opinion, not measurement. Two things are worth knowing. Sell-side ratings skew positive across the market, and DOW is no exception at 39% buy ratings, so the distribution is not a balanced vote. And targets tend to follow the share price at least as often as they lead it, getting raised after a stock has already run. They are most useful as a read on what the informed consensus expects, and least useful as a prediction of where the price lands.
Has the DOW price target been raised or cut recently?
+
In the last six months there have been 2 raises and 10 cuts among the published actions on DOW. The most recent was UBS, which raised its target to $32.00 from $29.00 on July 25, 2026. The direction of revisions often tells you more than the level, because it shows which way the informed view is moving.
Will DOW go up in 2026?
+
Nobody knows, including the analysts publishing targets. What the numbers on this page tell you is where informed opinion currently sits and how much it disagrees with itself, which is genuinely useful and completely different from a prediction. The risk most often cited against DOW: The dominant risk is commodity-cycle cyclicality: Dow's plastics and chemicals sell into global markets at prices it does not control, so a prolonged downturn, weak industrial demand, or continued China-led oversupply can keep margins compressed and earnings in the red, as the Q1 2026 net loss showed. Walnut is not an investment adviser.
Walnut is informational, not investment advice, and does not publish price targets of its own. The analyst figures on this page come from a July 2026 data pull of published third-party research, are approximate, and change constantly. Verify current figures with your broker before acting on them.