Buy tech sell-off, Wedbush’s Ives says: ’this is a 1996 moment, not 1999’
UL Solutions Inc. stock reached an all-time high of 74.26 USD, marking a significant milestone for the company. According to InvestingPro data, the company’s market capitalization now stands at $14.8 billion, with the stock trading near its 52-week high of $74.15. Over the past year, the stock has seen a remarkable increase of 44.72%, reflecting strong investor confidence and positive market sentiment. The company demonstrates impressive gross profit margins of 48.5% and maintains a strong financial health score of "GREAT" on InvestingPro. This surge can be attributed to a series of strategic initiatives and robust financial performance, with revenue growth of 6.9% over the last twelve months. As UL Solutions continues to innovate and expand its offerings, the stock’s upward trajectory highlights its successful adaptation to evolving industry dynamics. While current metrics suggest the stock is trading above its Fair Value, investors can access 15+ additional exclusive ProTips and comprehensive analysis through InvestingPro’s detailed research reports.
In other recent news, UL Solutions reported second-quarter 2025 adjusted earnings per share of $0.52, slightly surpassing JPMorgan’s estimate of $0.49, thanks to a lower tax rate. However, the company’s organic, constant currency revenue growth of 5.5% year-over-year was below JPMorgan’s projection of 6.2%, with growth missing estimates across all three divisions. Despite this, JPMorgan raised its price target for UL Solutions to $70 from $64, maintaining an Overweight rating. In a strategic move, UL Solutions is expanding its evaluation and verification services into the industrial software sector, with Siemens receiving the first UL Verified Marks for its industrial manufacturing software. Additionally, the company opened its first commercial and service robot testing laboratory in Uiwang, South Korea, focusing on human-robot interaction safety. UL Solutions also declared a quarterly dividend of $0.13 per share, payable on September 8 to shareholders of record as of August 29. Furthermore, the company announced leadership changes, with Alex Dadakis becoming President of Testing, Inspection and Certification, and Gitte Schjøtz taking over as Chief Business Operations and Innovation Officer.
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