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Investing.com - Wells Fargo has reinstated coverage on DuPont (NYSE:DD) with an Overweight rating and a $100.00 price target ahead of the company’s planned spin-off. Currently trading at $77.04, DuPont maintains a solid dividend track record with 55 consecutive years of payments and a 2.13% yield. According to InvestingPro data, analyst targets range from $80 to $114.
The chemical company is scheduled to spin off its Qnity business on November 1, 2025, a move Wells Fargo believes will unlock significant value for shareholders.
In its analysis, Wells Fargo noted that both DuPont and the soon-to-be-spun-off Qnity entity have "significantly outperformed the chemical sector."
The $100 price target established by Wells Fargo represents a valuation of 13 times the company’s estimated 2026 EV/EBITDA (enterprise value to earnings before interest, taxes, depreciation, and amortization).
The reinstatement comes as investors closely watch DuPont’s strategic restructuring efforts, with the Qnity spin-off representing a major step in the company’s ongoing transformation.
In other recent news, DuPont has announced its plans to acquire Sinochem (Ningbo) RO Memtech Co., Ltd., expanding its reverse osmosis manufacturing capabilities in China and the Asia Pacific region. This acquisition will add a new production facility in Zhejiang Province, complementing DuPont’s existing plants in Minnesota and Saudi Arabia. Additionally, DuPont has set October 22, 2025, as the record date for the spin-off of its Electronics business, Qnity Electronics, with the separation expected to be completed by November 1, 2025.
BMO Capital has adjusted its price target for DuPont to $104.00, down from $107.00, while maintaining an Outperform rating on the stock ahead of the planned spin-off. Qnity Electronics, soon to be an independent entity, shared its growth strategy during an Investor Day, highlighting its focus on the semiconductor value chain with a market potential of over $30 billion. Meanwhile, DuPont has outlined its growth strategy post-spin-off, aiming for 3-4% organic sales growth CAGR and improvements in operating EBITDA margin and adjusted EPS growth through 2028. These developments reflect significant strategic shifts and future growth plans for DuPont and its soon-to-be-independent electronics unit.
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