Montauk Renewables reports 19.70 percent growth. UBS cuts target for Montauk Renewables stock

Published on 10/14/2026 at 04:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 19.70 percent to USD 54.02 million. UBS set a USD 1.60 target for Montauk Renewables stock on April 24, 2026.

Montauk's operating milestones

Second-quarter revenue reached USD 54.02 million, up 19.70 percent year over year on October 6, 2026.
The Turkey, North Carolina project represents a USD 200.00 million investment announced on September 15, 2026.
Montauk Renewables' next earnings date is November 4, 2026.

MNTK, US61218C1036, Illustration mit AI erstellt.

Montauk Renewables (ISIN US61218C1036) reported second-quarter revenue of USD 54.02 million on October 6, 2026, up 19.70 percent from the year-earlier period. The same update carried a UBS target cut from USD 2.85 to USD 1.60 dated April 24, 2026, giving the stock a valuation counterpoint as the company expands its renewable natural gas platform.

Three dated operating milestones

Montauk Renewables reported second-quarter 2026 revenue of USD 54.02 million and adjusted EBITDA of USD 12.30 million, a 144.50 percent increase from the year-earlier period, according to Benzinga on October 6, 2026. The company had announced its second-quarter results on August 5, 2026, while the Turkey, North Carolina facility opened on September 15, 2026.

The facility represents a USD 200.00 million capital investment and had agreements with more than 80 farming locations covering more than 415,000 hog spaces at the end of August, GlobeNewswire reported on September 15, 2026.

What does the growth mean?

The headline revenue gain was not driven by core renewable natural gas revenue alone. Renewable natural gas segment revenue reached USD 40.90 million in the second quarter of 2026, up 0.30 percent year over year, while environmental attribute revenue and Greenwave joint venture income helped offset weaker fixed-price commodity sales, according to Benzinga.

Management reaffirmed full-year 2026 RNG production guidance of 5.80 million to 6.00 million MMBtu and corresponding RNG revenue guidance of USD 175.00 million to USD 190.00 million. The project therefore adds capacity, but the quarter also shows how strongly earnings depend on environmental attribute prices and joint venture contributions.

Next reporting dates

Montauk Renewables' next earnings date is November 4, 2026, according to Yahoo Finance. The latest Nasdaq close was USD 2.40 on October 12, 2026, while the finance snapshot put market capitalization at USD 334.50 million on October 13, 2026.

Business scale and valuation

Montauk Renewables develops and operates renewable natural gas and renewable electricity projects, with an operating portfolio spanning 12 RNG and three renewable electricity projects across six states, according to Montauk Renewables. The contrast between USD 54.02 million of quarterly revenue and the USD 1.60 UBS target leaves the market focused on execution at Turkey and the durability of RIN-related income.