Darling Ingredients Inc. (NYSE:DAR) is one of the best momentum stocks to buy according to analysts. BofA lifted the price target on Darling Ingredients Inc. (NYSE:DAR) to $85 from $80 on May 12, maintaining a Buy rating on the shares. The rating update came after the company’s “multifaceted update on capital allocation and the balance sheet” at its investor day meeting, with the firm telling investors that details on the path to structurally higher margins via high-grading output “look solid and the gains are material”.
For reference, in its financial results for fiscal Q1 2026, Darling Ingredients Inc. reported net income of $134.3 million, or $0.83 per GAAP diluted share, compared to a net loss of $(26.2) million, or $(0.16) per GAAP diluted share for fiscal Q1 2025. Total net sales for the quarter came up to $1.6 billion, compared to $1.4 billion for fiscal Q1 2025, while the combined adjusted EBITDA was $406.8 million compared to $195.8 million in the prior year period.
Darling Ingredients Inc. develops and produces natural ingredients from edible and inedible bio-nutrients. The company’s operations are divided into the following segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
