Here's Why UPS Stock Popped in October
(NYSE: UPS) rose by 15.4% in October, according to data provided by S&P Global Market Intelligence. It's a return to form for a stock that's still down on the year (25% at the time of writing), driven by a relatively strong set of third-quarter results and fourth-quarter guidance that positions the company well for 2026.
The underlying growth potential at UPS is positive, and management is implementing tangible operational improvements. However, the company is facing challenges in some end markets, and its capital allocation policy warrants scrutiny. That was the best summary of the company before the results, and nothing changed after them either.
However, what did change is a greater sense of confidence around management's execution, and bullish investors received encouragement. For example, management affirmed it was on track to deliver $3.5 billion in expenses in 2025 (with $2.2 billion achieved thus far).
Source Fool.com
United Parcel Service Inc. Stock
Currently there is a rather positive sentiment for United Parcel Service Inc. with 44 Buy predictions and 6 Sell predictions.
As a result the target price of 105 € shows a positive potential of 28.87% compared to the current price of 81.48 € for United Parcel Service Inc..
