Why United Parcel Service Stock Is Sputtering Today
United Parcel Service (NYSE: UPS) has exciting long-term targets, but the near term isn't looking so bright. Investors are focused on what is right around the corner, sending UPS shares down nearly 8% as of 1:30 p.m. ET.
Investors went into UPS' annual investor day with high hopes and the company delivered some eye-catching forecasts. The shipping giant upped its target for 2026 revenue to between $108 billion and $114 billion and said it expects an adjusted operating margin of 13% by then.
For comparison, the company generated $91 billion in revenue in 2023. The Wall Street consensus estimate for 2026 was $101 billion.
Source Fool.com
United Parcel Service Inc. Stock
€91.26
-0.350%
The stock is one of the favorites of our community with 27 Buy predictions and 4 Sell predictions.
With a target price of 102 € there is a slightly positive potential of 11.77% for United Parcel Service Inc. compared to the current price of 91.26 €.
