** Dow DOW.N halved its dividend and forecast Q3 revenue below analysts' expectations on Thursday as the chemical company grapples with a prolonged industry downturn and tariff uncertainty

** Expects Q3 net sales of $10.2 billion vs est of $10.6 billion, according to data compiled by LSEG

INDUSTRY OVERSUPPLY WEIGHING ON PRICES, WEAKER DEMAND

** Jefferies says uncertainty caused by tariffs continues to hinder demand, particularly in Asia

** "Packaging, electronics and some consumer products are stable, but consumer durable, auto, construction, and general industrial end markets likely remain weak in 2H25" - Jefferies

** Morningstar says demand softness across Dow's end-markets and persistent industry oversupply continue to pressure earnings

** "We think the chemical industry is in a cyclical trough, and production levels from incumbents and new entrants are impairing Dow's market share" - Morningstar

** Wells Fargo sees a weak market outlook requiring additional regulatory action to balance, due to signs of oversupply from newer market entrants exporting to regions at anti-competitive economics

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))