Goldman Sachs Lifts DOW Price Target Amid Strong Cash Flow Focus

Core Insights - Dow Inc. is recognized as one of the 15 Extreme Dividend Stocks to buy according to hedge funds [1] - Goldman Sachs raised Dow's price target to $27 from $24 while maintaining a Neutral rating [2] Financial Performance - For Q3 2025, Dow reported net sales of $10.0 billion, an 8% decline year-over-year, missing analysts' estimates by over $255 million [3] - Volumes decreased by 1% compared to the previous year, with declines in Europe, the Middle East, Africa, and India, partially offset by gains in the US, Canada, and Asia Pacific [3] Cash Flow and Shareholder Returns - Despite the revenue decline, Dow maintained a strong cash position with cash from operating activities reaching $1.1 billion, up $330 million year-over-year [4] - The company returned $249 million to shareholders in dividends during the quarter [4] Strategic Initiatives - Dow is on track to deliver over $6.5 billion in near-term cash support, with more than half already achieved [5] - This includes a $1 billion reduction in capital expenditures for 2025 and the accelerated implementation of $1 billion in planned cost savings by the end of 2026 [5] Market Position - Dow Inc. is a leading materials science company serving high-growth markets including packaging, infrastructure, mobility, and consumer applications [5]