Qnity Electronics, Inc. (NYSE:Q) informed investors on Friday morning that its Chief Financial Officer, Matt Harbaugh, has stepped down immediately, citing health-related reasons. This unexpected change in the company’s executive team occurred prior to market open, with shares of Qnity gaining modestly in premarket trading.
In response to Harbaugh’s departure, Qnity appointed Mike Goss, the current Principal Accounting Officer and Controller, as interim CFO effective immediately. Goss brings a considerable depth of experience to the role, having accumulated 14 years in senior leadership positions at DuPont. His tenure at DuPont included roles focused on portfolio transformation and financial operations, culminating in his service as Vice President, Principal Accounting Officer, and Controller from December 2018 through October 2025. Before his time at DuPont, Goss also held a variety of positions at Ernst & Young, adding to his expertise in accounting and finance.
The company has stated its intention to initiate a thorough search to permanently fill the CFO position in due course, signaling a commitment to stabilize the leadership team while maintaining operational continuity.
Despite the CFO transition, Qnity reaffirmed its previously communicated full-year guidance for 2025. The company anticipates total net sales around $4.7 billion which is slightly below consensus analyst estimates pegged at $4.72 billion. Adjusted Pro Forma Operating EBITDA is expected to be approximately $1.4 billion, consistent with earlier projections.
Qnity is scheduled to release its official financial results for 2025 on February 26, 2026, which will provide a comprehensive review of the company’s performance and outlook.
Technical Market Overview of Qnity Electronics
Examining the stock’s technical indicators reveals a cautiously optimistic outlook for Qnity Electronics. The 20-day simple moving average (SMA) has recently surpassed the 50-day SMA, a pattern commonly interpreted as a positive signal pointing to potential upward momentum in the stock price. This suggests that market participants could view the current trend favorably in the short term.
Additionally, the relative strength index (RSI) stands at 64.10. While this range is considered neutral, it leans toward the overbought zone, implying that although bullish momentum exists, investors should exercise caution as the stock may approach a threshold where a price correction or pullback could occur.
The Moving Average Convergence Divergence (MACD) indicator is positioned above its signal line, reaffirming the presence of bullish momentum. This indicator supports the view that Qnity’s share price could maintain strength in the near term, provided no adverse events emerge.
Currently, there are no clearly established support or resistance levels for the stock. This lack of defined price boundaries means that investors and traders should remain attentive to any significant price movements, which could establish new technical levels vital for future trading strategies.
Looking at longer-term price movement, Qnity Electronics has experienced a 4.0% decline over the past twelve months, a notable downward trend that underscores the importance of monitoring price actions closely. The stock’s recent swing high was recorded at $105.40 on November 5, 2025, while its swing low came in at $72.81 on November 24, 2025. These price points offer critical context for understanding recent volatility and potential future trading ranges.
In premarket activity on Friday, Qnity’s shares were trading up 0.73% at $93.80, reflecting measured investor response to the CFO transition and reaffirmation of guidance.
Summary and Outlook
The immediate resignation of CFO Matt Harbaugh introduces an element of uncertainty to Qnity Electronics’ executive leadership. However, the appointment of an experienced interim CFO in Mike Goss helps to mitigate operational disruption. The company’s confirmation of its full-year 2025 financial targets indicates confidence in its ongoing business trajectory despite this leadership change.
From a market perspective, technical signals reflect tentative bullishness, albeit against a backdrop of recent price volatility and moderate performance decline over the past year. Investors should remain vigilant for potential shifts in momentum or emerging trends as Qnity prepares to release its formal 2025 earnings results in early 2026.