Inside the research
Qnity Electronics, Inc.
Q Research profile · latest available data
Price overview
$124.69
▲ +2.38 (+1.9%)
| 52w hi | $175.52 |
|---|---|
| 52w lo | $73.35 |
| Vol | 829.80K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.23
| Short | -0.14 |
|---|---|
| Medium | +0.56 |
| Long | +0.32 |
computed 2026-09-27
Key fundamentals
Qnity Electronics, Inc.
Technology · Semiconductor Equipment & Materials
| Market cap | $26.09B |
|---|---|
| Enterprise value | $29.94B |
| Trailing P/E | 44.37x |
| Forward P/E | 23.18x |
| EV / EBITDA | 19.62x |
| P / S (ttm) | 5.01x |
| Profit margin | 11.2% |
| Return on equity | 6.7% |
| Revenue growth | +22.1% |
| Earnings growth | -34.3% |
| Debt / equity | 59.99 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.08 | |
| Sector | +0.24 | |
| Technical | +0.00 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Qnity Electronics, Inc. provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally. The company operates in two segments, Semiconductor Technologies and Interconnect Solutions. Its Semiconductor Technologies segment offers chemical mechanical planarization (CMP) pads and slurries, photoresists, functional sub-layers, advanced overcoats, post-CMP cleaners, post-etch residue removers, and emerging cleans. The Interconnect Solutions segment provides copper pillar plating, copper redistribution layer, solder bump plating, under bump metallization, photoresists, packaging dielectrics, gap fillers, phase change, specialty thermal interface materials, thermally conductive insulators, copper playing solutions, dry film photoresists, and laminates and polyimide films. The company was formerly known as Novus SpinCo 1, Inc. and changed its name to Qnity Electronics, Inc. in April 2025. The company was incorporated in 2024 and is headquartered in Wilmington, Delaware.
Risk Metrics
| Beta vs SPX | 2.61 |
|---|---|
| Corr SPX | 0.61 |
| Annual vol | 55.7% |
| Annual ret | +45.1% |
| Sharpe | 0.81 |
| Max DD | -34.8% |
Window: 504 trading days (229 obs)
Analyst Coverage
| Mean PT | $148.00 |
|---|---|
| High / Low | $170.00 / $130.00 |
| Median | $150.00 |
| Analysts | 8 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 6 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-24 | RBC Capital | → Outperform |
| 2026-03-02 | RBC Capital | → Outperform |
| 2026-02-27 | Keybanc | → Overweight |
| 2026-02-25 | RBC Capital | → Outperform |
| 2025-11-25 | RBC Capital | → Outperform |
| 2025-11-25 | Deutsche Bank | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-04 | Earnings Release, Exhibits | read |
| 2026-07-01 | Material Agreement, Material Obligation… | read |
| 2026-05-22 | Shareholder Vote | read |
| 2026-05-12 | Earnings Release, Exhibits | read |
| 2026-02-26 | Earnings Release, Exhibits | read |
| 2026-01-16 | Earnings Release, Officer / Director Change… | read |
| 2025-12-09 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-12-04 | Other Material Event | read |
| 2025-11-06 | Earnings Release, Exhibits | read |
| 2025-11-03 | Material Agreement, Material Obligation… | read |
| 2025-10-15 | Bylaws Amendment, Other Material Event… | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 97.2% |
| HHI | 4,875 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $1.53B | 9.36M |
| Citadel Advisors | $202.46M | 1.24M |
| Millennium Management | $153.36M | 939.09K |
| Capital Research / Capital World | $152.82M | 935.75K |
| Fidelity / FMR LLC | $141.36M | 865.60K |
| AQR Capital Management | $38.29M | 235.39K |
| Renaissance Technologies | $21.38M | 130.90K |
| Bridgewater Associates | $1.83M | 11.22K |
| T. Rowe Price Group | $262.46K | 1.61M |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.11% |
|---|---|
| $ / share (TTM) | $0.14 |
| 5y CAGR | — |
Annual dividend per share
| 2025 | $0.06 |
|---|---|
| 2026 | $0.08 |
SEC Filings
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $122.58 | $125.39 | $121.80 | $124.69 | 829.80K |
| Sep 24 | $122.03 | $123.45 | $120.05 | $122.31 | 1.49M |
| Sep 23 | $124.51 | $126.55 | $122.70 | $124.50 | 914.70K |
| Sep 22 | $121.00 | $126.21 | $120.44 | $124.86 | 1.98M |
| Sep 21 | $121.90 | $122.54 | $119.60 | $121.82 | 1.62M |
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