UBS reiterates Neutral rating on Ingredion stock, maintains $144 price target

Published 18/09/2025, 15:20
UBS reiterates Neutral rating on Ingredion stock, maintains $144 price target

Investing.com - UBS maintained its Neutral rating and $144.00 price target on Ingredion (NYSE:INGR) in a research note released Thursday. The stock, currently trading near its 52-week low of $120.51, appears undervalued according to InvestingPro Fair Value metrics.

UBS analyst Joshua Spector noted that Ingredion’s strategy centers on innovation driven by health trends and reformulation demands, with a focus on selling higher-mix solutions rather than standalone ingredients, alongside operational excellence initiatives.

The company projects 2-4% sales growth, 5-7% operating income growth, and 7-9% adjusted EPS compound annual growth rates over the next two years through 2027, according to the analyst’s comments.

These projections translate to a top-line target of approximately $7.9-8.4 billion, operating income of roughly $1.18-1.24 billion, and EPS of $13.00-13.80, all slightly exceeding UBS estimates.

While UBS expressed increased confidence in Ingredion’s ability to capitalize on consumer trends toward cleaner labels and sustainability, the firm remains cautious about the company’s ability to sustain earnings in North America due to pressure in the sweetener and high fructose corn syrup segments. For deeper insights into Ingredion’s financial health and growth prospects, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Ingredion Incorporated reported its second-quarter earnings for 2025, presenting a mixed financial performance. The company surpassed earnings per share (EPS) expectations with a reported EPS of $2.87, exceeding the forecast of $2.80. However, revenue fell short, reaching $1.8 billion compared to the anticipated $1.89 billion. In addition to its earnings report, Ingredion announced a new five-year unsecured revolving credit agreement with JPMorgan Chase Bank and other lenders. This agreement allows the company to borrow up to $1 billion, replacing its previous credit facility. Ingredion also has the option to request additional commitments or new term loan facilities up to $750 million. As of the effective date, no amounts have been drawn under this new credit agreement. These developments reflect Ingredion’s ongoing financial strategies and recent activities.

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