Dow Chemical stocks will rise to $17 from $15 after the company reports earnings on Wednesday, a move that would be the biggest since the company was acquired by Dow Chemical in 2008.
Dow Chemical shares closed Tuesday up $4.80, or 0.7%, at $18.36.
The stock is now up more than 9% since the beginning of the year.
Dow has been a catalyst for the broader chemical and chemicals stocks, which have rallied in recent weeks.
Dow currently has the highest market capitalization of any U.S. company.
Dow’s stock is up nearly $2.7 billion this year, and it has increased more than 14% in the past year.
Analysts expect Dow to report earnings on Thursday.
Dow is trading at a discount to the S&P 500 index, which is down 1.7% this year.
The Dow has gained nearly 1,400% in just over a decade.
The company reported a net loss of $3.4 billion in 2016.
Dow was founded in 1845 and is based in New York.
Dow said in a statement on Tuesday that its results would be presented in a manner consistent with its business strategy.
Dow reported an adjusted loss of between $1.5 billion and $1,977 million in 2016, according to a news release.
Dow stock rose about 14% last year.