DOW Stock Recent News
DOW LATEST HEADLINES
The three major indices, NASDAQ 100, Dow Jones 30, and S&P 500, all look strong and like they are trying to reassert the consolidation to work off the excess froth from the previous few weeks.
Initiate on Dow at Strong Buy, highlighting disciplined margin recovery strategy and cadence-based execution, which we view as underappreciated by the market. Our PT of $44 is predicated on an EV/EBITDA multiple of 5.6x our FY26E estimate, implying a 56% upside. We estimate EBITDA of $5.1 billion in FY25E, increasing to $5.6 billion in FY26E, driven by cost takeout and capacity additions.
Dow's nearly 10% dividend yield is unsustainable, driven by a collapsing stock price and negative earnings, not strong fundamentals. The company is bleeding cash, with payout ratios far exceeding profits and cash flow, making a dividend cut inevitable for survival. Macroeconomic headwinds, including potential EU tariffs and restructuring in Europe, further threaten Dow's already fragile financial position.
The three major US indices all look strong in the overnight futures market and CFD markets, despite the fact that the underlying indices are closed for Memorial Day. That being said, this only reaffirms the stability of these markets.
The Dow Jones and the S&P 500 indices dropped last week as concerns about the American economy rose following Moody's decision to downgrade US credit rating. They also dropped after the House passed the Big Beautiful Bill which will grow the deficit.
U.S. stocks fell as Trump's tariff threats against Europe reignited trade tensions, impacting tech stocks and sparking market uncertainty. Key sectors face pressure.
The Dow Jones Industrial Average is an iconic stock market index. It tracks the performance of 30 of the country's most prominent publicly traded companies.
Some of the Dow Jones Industrial Average's year-to-date laggards are worth looking into for a shot at deeper value.
Dow drops 343 pts as Trump targets Apple and EU with tariff threats. Tech, retail stocks sink, fueling investor concern over trade and US stock forecasts.
The 50% tariff announcement by Trump pointed towards the European Union, starting June 1. With this, we have another round of volatility coming.