Darling Ingredients stock rises as UBS lifts target to USD 88

Published on 09/23/2026 at 04:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Darling Ingredients stock trades at USD 63.26 after UBS raised its target to USD 88 on September 22, 2026. Q2 EBITDA reached USD 742 million.

DAR, US2372661015, Illustration mit AI erstellt.

Darling Ingredients Inc. (ISIN US2372661015) stock trades at USD 63.26 on the NYSE, according to the September 22, 2026 market snapshot cited in current coverage. The immediate catalyst is UBS raising its price target from USD 78 to USD 88 while maintaining a Buy rating on September 22, 2026, as Investing.com reports.

UBS lifts target after record EBITDA

The target increase followed record adjusted EBITDA of USD 742 million in the second quarter of 2026, compared with the previous company record of USD 413 million in the fourth quarter of 2022. That USD 329 million difference represents an increase of about 80 percent, making operating earnings the central support for the revised valuation.

Darling Ingredients also reported second-quarter 2026 earnings per share of USD 2.41, above the Wall Street estimate of USD 1.27, while revenue reached USD 1.31 billion against the projected USD 1.70 billion, according to Investing.com on September 22, 2026. The contrast matters: earnings exceeded expectations by USD 1.14 per share, but revenue missed the forecast by USD 390 million.

Renewable diesel remains the swing factor

UBS linked its constructive view to operational execution, recovering renewable diesel economics and stronger waste-oil markets in the second half of 2026 and into 2027. The combination gives Darling Ingredients a higher earnings base, but the revenue shortfall shows that profitability and sales volume are not moving in lockstep.

Credit metrics also improved in the latest reported context. Moody's affirmed the Ba1 Corporate Family Rating and changed the outlook from negative to stable, while EBITDA for the 12 months ending July 4, 2026, rose 75 percent to approximately USD 1.60 billion, as reported by Investing.com on September 22, 2026. UBS expects leverage to decline to 1.5 times to 1.6 times by year-end 2026, a key condition for stronger free cash flow conversion.

Stock trades below revised target

At USD 63.26 on September 22, 2026, the stock remains USD 24.74 below UBS's new USD 88 target, equivalent to a 39.1 percent difference from the quoted market price. That gap reflects an analyst view rather than a guaranteed outcome and depends on renewable diesel economics, waste-oil pricing and continued earnings execution.

The next scheduled earnings report is October 21, 2026, according to AltIndex. For the next checkpoint, the key comparison is whether the second-quarter adjusted EBITDA record of USD 742 million can be sustained while revenue closes the gap to the USD 1.70 billion estimate.

Darling Ingredients stock holds the key level

Darling Ingredients stock closed at USD 63.26 on the NYSE on September 22, 2026. The quoted market price, the USD 88 UBS target and the USD 742 million second-quarter adjusted EBITDA figure define the current valuation debate.