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
Vol829.80K
As of25 Sep 2026

The Verdict

Hold

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/E44.37x
Forward P/E23.18x
EV / EBITDA19.62x
P / S (ttm)5.01x
Profit margin11.2%
Return on equity6.7%
Revenue growth+22.1%
Earnings growth-34.3%
Debt / equity59.99

Layer Breakdown

LayerRawContribution
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.

United States · www.qnityelectronics.com

Risk Metrics

Beta vs SPX2.61
Corr SPX0.61
Annual vol55.7%
Annual ret+45.1%
Sharpe0.81
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
Analysts8
Strong Buy1
Buy6
Hold1
Sell0
Strong Sell0

Recent rating actions

2026-04-24RBC Capital→ Outperform
2026-03-02RBC Capital→ Outperform
2026-02-27Keybanc→ Overweight
2026-02-25RBC Capital→ Outperform
2025-11-25RBC Capital→ Outperform
2025-11-25Deutsche Bank→ Buy

Material Events

DateEvent8-K
2026-08-04Earnings Release, Exhibitsread
2026-07-01Material Agreement, Material Obligation…read
2026-05-22Shareholder Voteread
2026-05-12Earnings Release, Exhibitsread
2026-02-26Earnings Release, Exhibitsread
2026-01-16Earnings Release, Officer / Director Change…read
2025-12-09Officer / Director Change, Reg FD Disclosure…read
2025-12-04Other Material Eventread
2025-11-06Earnings Release, Exhibitsread
2025-11-03Material Agreement, Material Obligation…read
2025-10-15Bylaws Amendment, Other Material Event…read

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders9
Top-5 share97.2%
HHI4,875 (concentrated)

Top Holders

HolderValueShares
State Street Corp$1.53B9.36M
Citadel Advisors$202.46M1.24M
Millennium Management$153.36M939.09K
Capital Research / Capital World$152.82M935.75K
Fidelity / FMR LLC$141.36M865.60K
AQR Capital Management$38.29M235.39K
Renaissance Technologies$21.38M130.90K
Bridgewater Associates$1.83M11.22K
T. Rowe Price Group$262.46K1.61M

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

DateFormDoc
2026-08-124view
2026-08-064view
2026-08-063view
2026-08-0410-Qview
2026-08-048-Kview
2026-07-018-Kview
2026-06-154view
2026-06-084view
2026-06-014view
2026-06-014view
2026-05-264view
2026-05-264view
2026-05-264view
2026-05-264view
2026-05-264view

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$122.58$125.39$121.80$124.69829.80K
Sep 24$122.03$123.45$120.05$122.311.49M
Sep 23$124.51$126.55$122.70$124.50914.70K
Sep 22$121.00$126.21$120.44$124.861.98M
Sep 21$121.90$122.54$119.60$121.821.62M

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