UL Solutions

ULS · NYSE

$73.36+$0.35 (+0.48%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $73.01

ULS analyst rating

BuyConsensus of 7 analysts over the last 12 months. 57% rate it a buy.

Strong buy0
Buy4
Hold3
Underperform0
Sell0

12-month price target · 13 analysts

Average $98.95 (+34.9% upside)

Low: $80.13
Now: $73.36
High: $126.00

Upgrades and downgrades

The latest rating actions, newest first

ULS analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
UBS	Oct 12, 2026	Maintains	Buy	$96.00 → $97.00	51%
Baird	Sep 24, 2026	Maintains	Outperform	$95.00 → $85.00	66%
UBS	Aug 5, 2026	Maintains	Buy	$110.00 → $96.00	51%
Citigroup	Aug 5, 2026	Maintains	Neutral	$106.40 → $82.80	67%
Wells Fargo	Aug 5, 2026	Maintains	Overweight	$120.00 → $104.00	46%
UBS	Jul 14, 2026	Upgrade	Neutral → Buy	$110.00	51%
Citigroup	May 7, 2026	Maintains	Neutral	$87.80 → $106.40	67%
JP Morgan	May 7, 2026	Maintains	Neutral	$88.00 → $108.00	64%
UBS	May 6, 2026	Maintains	Neutral	$90.00 → $110.00	51%
Wells Fargo	May 6, 2026	Maintains	Overweight	$102.00 → $120.00	46%

The case for and against

Updated Oct 23, 2025

Bull case

UL Solutions, as a global leader in the testing, inspection, and certification (TIC) industry, benefits significantly from its strong brand reputation, which underpins its market position and drives demand for its services. Despite facing challenges such as geopolitical exposure to China, where approximately 24% of its revenue is generated, the firm continues to leverage its diverse service offerings to mitigate risks and capitalize on opportunities in the TIC market. Additionally, UL Solutions recognizes the importance of attracting and retaining skilled talent, which is essential for sustaining its competitive advantage in a fragmented industry.

Bear case

The negative outlook on UL Solutions's stock is primarily driven by the potential adverse effects of changing regulatory frameworks, which could reduce the demand for inspections, tests, and certifications that are critical to the company's operations. Additionally, the firm faces significant international operational risks, including compliance difficulties, that could further impact its financial condition. Finally, a failure to innovate in response to market demands and technological advancements could jeopardize UL Solutions's ability to maintain revenue and profitability amidst evolving industry fundamentals.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.