DOW Warms Up to Q1 Earnings: What's in the Offing for the Stock?

Dow Inc. is set to report Q1 2026 results before the open on April 23. Zacks’ model favors an earnings beat — Earnings ESP is +32.54% and the stock carries a Zacks Rank #3 — but revenue is forecast to fall to $9.57 billion (down ~8.2% YoY). The company faces demand weakness across Europe and Asia, inflationary pressures, higher feedstock and energy costs, and about $140 million of planned maintenance headwinds, which could pressure volumes and margins. Offsetting these headwinds are cost and productivity programs (>$400m realized in 2025, $1bn targeted cost cuts and a “Transform to Outperform” plan aiming for ~$2bn near-term EBITDA improvement) that may support margins and earnings. A beat could boost the stock, while weaker-than-expected results or margin pressure would likely weigh on shares despite a 32.1% year‑over‑the‑past‑year gain.