DuPont de Nemours Stock (NYSE:DD), Trade Ideas

DuPont de Nemours

DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.

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DuPont partners with Menatek Defense Technologies to innovate in the global bearing market. Their collaboration introduces NAZ Bearings, featuring self-lubrication and maintenance-free attributes, promising superior performance under heavy loads.

DuPont Teams Up With Menatek For Self-Lubricating Bearings: Details

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DuPont (NYSE: DD) reported decline in sales, adjusted EPS above consensus, increased dividend, and announced new share repurchase program.

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DuPont de Nemours's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) short percent of float has fallen 10.7% since its last report. The company recently reported that it has 7.10 million shares sold short, which is 1.92% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.9 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>DuPont de Nemours Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713456020_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for DuPont de Nemours has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing DuPont de Nemours's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, DuPont de Nemours's peer group average for short interest as a percentage of float is 4.10%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Peering Into DuPont de Nemours's Recent Short Interest

Wells Fargo analyst Michael Sison maintains DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) with a Equal-Weight and raises the price target from $69 to $80.

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Wells Fargo Maintains Equal-Weight on DuPont de Nemours, Raises Price Target to $80

In the preceding three months, 10 analysts have released ratings for DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>), presenting a wide array of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $76.7, a high estimate of $85.00, and a low estimate of $69.00. This current average represents a 2.54% decrease from the previous average price target of $78.70. 
<img src="https://www.benzinga.com/files/images/story/2024/1712782852_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The standing of DuPont de Nemours among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patrick Cunningham</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$80.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$85.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Michael Leithead</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Arun Viswanathan</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$83.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$76.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$80.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Michael Sison</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$69.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Steve Byrne</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Underperform</td>
<td>$80.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to DuPont de Nemours. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of DuPont de Nemours compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for DuPont de Nemours's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of DuPont de Nemours's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/DD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on DuPont de Nemours analyst ratings.</a>
<h2>Discovering DuPont de Nemours: A Closer Look</h2>
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.
<h3>DuPont de Nemours: Financial Performance Dissected</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Negative Revenue Trend: Examining DuPont de Nemours's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -6.64% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.
Net Margin: DuPont de Nemours's net margin is impressive, surpassing industry averages. With a net margin of -0.76%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): DuPont de Nemours's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -0.09%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): DuPont de Nemours's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.06%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: DuPont de Nemours's debt-to-equity ratio is below the industry average at 0.32, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Deep Dive Into DuPont de Nemours Stock: Analyst Perspectives (10 Ratings)

Citigroup analyst Patrick Cunningham maintains DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) with a Neutral and raises the price target from $73 to $80.

Citigroup Maintains Neutral on DuPont de Nemours, Raises Price Target to $80

DuPont de Nemours's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) short percent of float has risen 86.96% since its last report. The company recently reported that it has 10.70 million shares sold short, which is 2.58% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.57 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>DuPont de Nemours Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1711548009_0_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for DuPont de Nemours has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing DuPont de Nemours's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, DuPont de Nemours's peer group average for short interest as a percentage of float is 3.75%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(DD) - Analyzing DuPont de Nemours's Short Interest

Ratings for DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated DuPont de Nemours and provided 12-month price targets. The average target is $76.33, accompanied by a high estimate of $85.00 and a low estimate of $69.00. Observing a downward trend, the current average is 3.78% lower than the prior average price target of $79.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1711126828_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of DuPont de Nemours among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$85.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Michael Leithead</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Arun Viswanathan</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$83.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$76.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$80.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Michael Sison</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$69.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Steve Byrne</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Underperform</td>
<td>$80.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to DuPont de Nemours. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of DuPont de Nemours compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for DuPont de Nemours's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of DuPont de Nemours's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/DD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on DuPont de Nemours analyst ratings.</a>
<h2>Unveiling the Story Behind DuPont de Nemours</h2>
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.
<h3>Understanding the Numbers: DuPont de Nemours's Finances</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: DuPont de Nemours's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -6.64%. This indicates a decrease in the company's top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -0.76%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -0.09%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.06%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: DuPont de Nemours's debt-to-equity ratio is below the industry average at 0.32, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Scoreboard: 9 Ratings For DuPont de Nemours

JP Morgan analyst Stephen Tusa maintains DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) with a Overweight and raises the price target from $76 to $85.

JP Morgan Maintains Overweight on DuPont de Nemours, Raises Price Target to $85

Chemical company&nbsp;DuPont de Nemours Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) has entered into an agreement with Menatek Defense Technologies regarding the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/n37784506/dupont-and-menatek-announce-collaboration-in-the-global-bearing-market-with-naz-bearings" rel="noreferrer noopener">global bearing market.</a>
The collaboration between the two companies involves NAZ Bearings, a bearing that is self-lubricating and maintenance free. The financial terms were not disclosed.
The partnership will leverage DuPont&#8217;s ability to deliver tailor-made material solutions for wear and friction resistance and Menatek&#8217;s design and manufacturing capabilities.
The combined capabilities is expected to result in a superior bearing capable of delivering ultra-high performance under heavy static and dynamic loads.
&#8220;This collaboration will bolster our leadership position in the industry and enable us to deliver greater value to our customers globally,&#8221; said Bora Kılıç, DuPont EMEA Regional Business Director, MOLYKOTE &amp; Vespel.
The agreement would provide a broad product range for users in the defense industry, as well as for those in the aerospace, high-speed train, tram, metro, wind turbine, and industrial platforms.&nbsp;
Price Action: DD shares are trading higher by 0.92% at $74.11 on the last check Monday.

DuPont de Nemours's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) short percent of float has risen 86.96% since its last report. The company recently reported that it has 10.70 million shares sold short, which is 2.58% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.57 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>DuPont de Nemours Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709844322_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for DuPont de Nemours has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing DuPont de Nemours's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, DuPont de Nemours's peer group average for short interest as a percentage of float is 3.79%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Throughout the last three months, 8 analysts have evaluated DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>), offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $75.25, along with a high estimate of $83.00 and a low estimate of $69.00. Observing a downward trend, the current average is 5.64% lower than the prior average price target of $79.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1709316122_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of DuPont de Nemours among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Leithead</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Arun Viswanathan</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$83.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$76.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$80.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Michael Sison</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$69.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Steve Byrne</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Underperform</td>
<td>$80.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to DuPont de Nemours. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of DuPont de Nemours compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of DuPont de Nemours's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of DuPont de Nemours's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/DD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on DuPont de Nemours analyst ratings.</a>
<h2>Unveiling the Story Behind DuPont de Nemours</h2>
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.
<h3>A Deep Dive into DuPont de Nemours's Financials</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Decline in Revenue: Over the 3 months period, DuPont de Nemours faced challenges, resulting in a decline of approximately -6.64% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: DuPont de Nemours's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.76% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): DuPont de Nemours's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -0.09%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): DuPont de Nemours's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.06%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: DuPont de Nemours's debt-to-equity ratio is below the industry average at 0.32, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings For DuPont de Nemours

Wolfe Research analyst Chris Parkinson initiates coverage on DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) with a Peer Perform rating.

Initiation

Wolfe Research Initiates Coverage On DuPont de Nemours with Peer Perform Rating

A live audio webcast of the presentation can be accessed via the DuPont Investor Relations <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4092036-1&amp;h=4096022215&amp;u=https%3A%2F%2Fwww.investors.dupont.com%2Finvestors%2Fdupont-investors%2Fevents-and-presentations%2Fdefault.aspx&amp;a=webpage">webpage</a>. Replay of the webcast will be available following the presentation.

Events

DuPont Now Presenting At Barclays Industrial Select Conference, From 10:55 a.m. To 11:25 a.m. ET; Shares Spike Higher

In the last three months, 8 analysts have published ratings on DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>), offering a diverse range of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $75.25, a high estimate of $83.00, and a low estimate of $69.00. A decline of 5.64% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2024/1707760854_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The perception of DuPont de Nemours by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Leithead</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Arun Viswanathan</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$83.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$76.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$80.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Michael Sison</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$69.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$72.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Steve Byrne</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Underperform</td>
<td>$80.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to DuPont de Nemours. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of DuPont de Nemours compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of DuPont de Nemours's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of DuPont de Nemours's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/DD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on DuPont de Nemours analyst ratings.</a>
<h2>Unveiling the Story Behind DuPont de Nemours</h2>
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.
<h3>DuPont de Nemours: A Financial Overview</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, DuPont de Nemours faced challenges, resulting in a decline of approximately -5.23% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.
Net Margin: DuPont de Nemours's net margin excels beyond industry benchmarks, reaching -0.76%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -0.09%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): DuPont de Nemours's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.06%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.32, DuPont de Nemours adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating DuPont de Nemours: Insights From 8 Financial Analysts

RBC Capital analyst Arun Viswanathan maintains DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) with a Outperform and raises the price target from $75 to $83.

RBC Capital Maintains Outperform on DuPont de Nemours, Raises Price Target to $83

Mizuho has decided to maintain its Buy rating of DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) and lower its price target from $80.00 to $76.00.
Shares of DuPont de Nemours are trading up 0.09% over the last 24 hours, at $65.80 per share.
A move to $76.00 would account for a 15.5% increase from the current share price.
<h3>About DuPont de Nemours</h3>
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which have evolved over time to enable a wide range of applications across multiple industries.
<h3>About Analyst Ratings</h3>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Mizuho Maintains Buy Rating for DuPont de Nemours: Here's What You Need To Know

Mizuho analyst John Roberts maintains DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) with a Buy and lowers the price target from $80 to $76.

Mizuho Maintains Buy on DuPont de Nemours, Lowers Price Target to $76-Report Released on 6th February 2024

WIIM

DuPont De Nemours shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results and issued FY24 and Q1 guidance.

DuPont De Nemours, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) reported a fourth-quarter fiscal 2023 sales decline of 7% year-over-year to $2.898 billion,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/02/n36950256/dupont-reports-fourth-quarter-and-full-year-2023-results" rel="noreferrer noopener">missing the consensus of $2.929 billion.</a>
An organic sales decline of 10% reflects lower volume driven by the impact of channel inventory destocking within Safety Solutions.
Electronics &amp; Industrial sales $1.36 billion (+1% Y/Y) and Water &amp; Protection sales $1.28 billion (-15% Y/Y).&nbsp;
Operating EBITDA fell 6% Y/Y to $715 million, and the margin expanded 30 bps to 24.7%. Adjusted EPS was $0.87 (-2% Y/Y), <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">above the consensus of $0.85.</a>
Operating cash flow for the quarter was $646 million, compared to $185 million a year ago. Adjusted free cash flow was $501 million (+166% Y/Y).
DuPont held cash and equivalents of $2.8 billion as of December 31, 2023.
Buyback:&nbsp;The company announced the approval of a new $1 billion share repurchase program authorization with an intended $500 million accelerated share repurchase transaction to be launched imminently.
Dividend:&nbsp;DuPont declared a first-quarter dividend of $0.38 per share, representing a 6% increase to its quarterly dividend, payable March 15, 2024, to holders of record at the close of business on February 29, 2024.
&#8220;Our current expectation for full year 2024 forecasts a return to year-over-year sales and earnings growth in the second half driven by anticipated electronics market recovery, including improvement in semiconductor fab utilization rates, as well as improved orders within industrial markets as customer inventory levels normalize,&#8221; said Lori Koch, Chief Financial Officer of DuPont.
1Q24 Outlook:&nbsp;DuPont&nbsp;<a target="_blank" href="https://www.benzinga.com//node/36754587" rel="noreferrer noopener">continues to expect</a>&nbsp;adjusted EPS of $0.63-$0.65 versus $0.67 consensus and revenue of ~$2.80 billion versus $2.85 billion consensus. The company sees operating EBITDA of $610 million.
2024 Outlook:&nbsp;DuPont sees adjusted EPS of $3.25-$3.65 versus $3.59 consensus and revenue of $11.9 billion-$12.3 billion versus $12.30 billion consensus. The company expects operating EBITDA of $2.8 billion-$3 billion.
Price Action:&nbsp;DD shares were trading higher by 5.49% to $64.57 on the last check Tuesday.

U.S. stocks are poised for another day of weakness, although <a href="https://www.benzinga.com/news/earnings/24/02/36941798/palantir-q4-earnings-revenue-beat-eps-in-line-continued-gaap-profitability-ahead-and-more" target="_blank" rel="noreferrer noopener">some positive tech earnings</a> may provide a modest lift to the sector. The market appears to be digesting information following a rally that began after the early January downturn. According to a recent report from FactSet, estimated earnings growth for S&amp;P 500 companies has turned upward as more companies report earnings beats by a wide margin. Additionally, speeches from Federal Reserve officials scheduled for the day could influence trading.
Cues From Monday's Trading:
Major indices paused on Monday due to concerns about overbought levels, prompting caution among investors. Federal Reserve commentary suggested that the central bank may refrain from cutting rates until evidence of a sustained downtrend in inflation emerges.
The Institute of Supply Management&#8217;s service sector reading added to concerns about delayed rate cuts from the Fed. The survey showed &#8220;economy growing solidly in early 2024 and prices rising, further reducing odds of a March rate cut,&#8221; said Comerica Chief Economist&nbsp;Bill Adams.
Indices opened lower and extended losses in early trading before rebounding from lows later in the morning. However, they still ended the day down, with both the S&amp;P 500 Index and the Dow Industrials retreating from record levels.
All sectors, except healthcare stocks, experienced declines, with material, utility, and real estate stocks particularly affected by the sell-off.
 US Index Performance On Monday
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.20%</td>
<td>15,597.68</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>-0.32%</td>
<td>4,942.81</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>-0.71%</td>
<td>38,380.12</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-1.30%</td>
<td>1,937.24</td>
</tr>
</tbody>
</table>
</figure>
Analyst Color:
The high-flying S&amp;P 500 Index could see some slowdown, according to LPL Financial Chief Technical Strategist Adam Turnquist. &#8220;The S&amp;P 500 is now riding a four-week winning streak — making it an impressive 13 out of 14 positive weeks — and has gained more than 20% since the October 2023 lows,&#8221; the analyst said.
&#8220;While markets can remain overbought for extended periods, especially in strong bull markets, extremes in momentum often portend price pullbacks or consolidation phases.&#8221;
He noted that the index has recently climbed to over 10% above its 200-day simple moving average, raising the odds for potential reversion to its mean. Also, the market breadth has not improved despite the S&amp;P 500&#8217;s rally, the analyst said, adding that declining shares modestly outpaced advancers last month and there were fewer S&amp;P 500 stocks making new 52-week highs in January than in December. 
&#8220;This negative divergence, defined by the S&amp;P 500 moving higher as breadth metrics move lower, further raises the odds of a potential pullback or consolidation phase for stocks,&#8221; Turnquist said.
&#8220;In terms of potential entry points, the next key downside support levels for the S&amp;P 500 set up near 4,830, 4,800, and 4,726.&#8221;
Futures Today
 Futures Performance On Tuesday
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.04%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.09%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.16%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.48%</td>
</tr>
</tbody>
</table>
</figure>
<a href="https://www.benzinga.com/premarket/">In premarket trading</a> on Tuesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged down 0.02% to $492.39 and the Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) gained 0.02% to $428.52, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data.</a>
Upcoming Economic Data:
A slew of Fed officials are scheduled to speak on Tuesday, including
<ul>
<li>Cleveland Fed President Loretta Mester: 12 p.m. ET</li>
<li>Minneapolis Fed President Neel Kashkari: 1 p.m. ET</li>
<li>Boston Fed President: Susan Collins: 2 p.m.</li>
<li>Philadelphia Fed President: Patrick Harker: 7 p.m. ET</li>
</ul>
The Treasury will auction three-year notes at 1 p.m. ET.
See also: <a href="https://www.benzinga.com/money/futures-vs-options">Futures Vs. Options</a>
Stocks In Focus:
<ul>
<li>Rambus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>) fell over 10% in premarket trading following its quarterly earnings announcement.</li>
<li>Palantir Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) jumped about 17% after the company reported its fourth straight quarterly profit and also offered positive commentary regarding its AI platform.</li>
<li> J&amp;J Snack Foods Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JJSF#NASDAQ">JJSF</a>) slumped over 7% on earnings.</li>
<li>Check Point Software Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>), DuPont de Nemours, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>), Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>), Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) and Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) are among the companies due to release their quarterly results before the market open.</li>
<li>Those reporting after the close include Amgen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>), Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), Edwards Lifesciences Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>), Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), Cirrus Logic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>), H&amp;R Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRB#NYSE">HRB</a>), The Western Union Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WU#NYSE">WU</a>), Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) and MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>).</li>
</ul>
Commodities, Bonds, Other Global Equity Markets:
Crude oil futures rose 0.59% to $73.21 in early European session on Tuesday, building on the modest gain they made in the previous session. The benchmark 10-year Treasury note edged down 0.006 percentage points to 4.158% on Tuesday.
In Asia, Chinese and Hong Kong equities rallied amid reports that authorities are contemplating measures to stem the stock market slide. On the other hand, the Australian market fell moderately after the nation&#8217;s central bank kept rates unchanged. Japanese, South Korean and Singaporean markets also retreated.
Sentiment in Europe was mixed by late-morning trading on Tuesday.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/02/36948376/nvidias-valuation-set-to-leapfrog-past-amazon-alphabet-as-ai-stalwarts-stock-closes-in-on-700-ma">Nvidia&#8217;s Valuation Set To Leapfrog Past Amazon, Alphabet As AI Stalwart&#8217;s Stock Closes In On $700 Mark: Is The Meteoric Climb Sustainable?</a>

<table border="0" cellpadding="0" cellspacing="0">
<tbody>
<tr>
<td colspan="4" rowspan="1">
2024 Financial Outlook
</td>
</tr>
<tr>
<td colspan="4" rowspan="1">
			&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Dollars in millions, unless noted
</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
1Q&#39;24E
</td>
<td colspan="1" rowspan="1">
Full Year 2024E
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Net sales
</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
~$2,800
</td>
<td colspan="1" rowspan="1">
$11,900 - $12,300
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Operating EBITDA(2)
</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
~$610
</td>
<td colspan="1" rowspan="1">
$2,800 - $3,000
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjusted EPS(2)
</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
$0.63 - $0.65
</td>
<td colspan="1" rowspan="1">
$3.25 - $3.65
</td>
</tr>
</tbody>
</table>

DuPont 1Q24 Outlook: Adj. EPS $0.63-$0.65 Vs. $0.67 Estimate, Revenue $2.80B Vs. $2.85B Estimate

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