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UL Solutions Inc. Class A ( (ULS) ) has shared an announcement.
On April 13, 2026, UL Solutions Inc. announced a definitive agreement for its Dutch subsidiary to acquire Eurofins Scientific’s electrical and electronics testing and certification business, including the MET Labs certification mark, for approximately €575 million in cash, or about $670 million, subject to customary adjustments. The deal, structured with a locked-box mechanism from September 1, 2025, values the business at roughly 14.5 times estimated 2026 EBITDA and is expected to be funded with cash on hand, including proceeds from the April 1, 2026 sale of UL’s Employee Health and Safety software unit, and available capacity under its undrawn credit facility.
The acquisition is designed to expand UL Solutions’ global laboratory footprint and strengthen its testing, inspection and certification offering for electrical safety, electromagnetic compatibility, wireless technologies and medical devices, particularly in EMEA and Asia-Pacific. The Eurofins E&E unit is projected to generate about $200 million in revenue in 2026, and the transaction is anticipated to be accretive to adjusted diluted earnings per share in the first full year post-closing while not altering UL’s 2026 outlook, with closing targeted for the fourth quarter of 2026 subject to multiple regulatory approvals and customary conditions, including antitrust and national security clearances and a longstop date of October 13, 2027.
The most recent analyst rating on (ULS) stock is a Hold with a $87.80 price target. To see the full list of analyst forecasts on UL Solutions Inc. Class A stock, see the ULS Stock Forecast page.
Spark’s Take on ULS Stock
According to Spark, TipRanks’ AI Analyst, ULS is a Neutral.
The score is driven primarily by strong operating fundamentals (revenue growth and margin improvement) and a positive earnings outlook with guided margin expansion. These strengths are tempered by the cash flow risk flagged in the provided cash flow analysis and an expensive valuation (high P/E, low yield), while technicals remain generally supportive but with some momentum cooling (negative MACD).
To see Spark’s full report on ULS stock, click here.
More about UL Solutions Inc. Class A
UL Solutions Inc., listed on the NYSE as ULS, is a global leader in applied safety science that provides testing, inspection and certification services, advisory offerings and software solutions to customers in more than 110 countries. Its UL Mark is widely recognized as a symbol of trust, supporting product innovation, global market access and sustainable, responsible growth across safety, security and sustainability-focused markets.
The company focuses on transforming safety, security and sustainability challenges into opportunities and emphasizes testing and certification for electrical safety and connected products. By concentrating its portfolio on TIC and risk and compliance software capabilities, UL Solutions aims to capitalize on megatrends such as digitization and rising global product compliance requirements for increasingly connected devices.
Average Trading Volume: 941,510
Technical Sentiment Signal: Buy
Current Market Cap: $16.95B
For a thorough assessment of ULS stock, go to TipRanks’ Stock Analysis page.