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
€137.88
0.930%
With 13 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 162 € shows a slightly positive potential of 17.49% compared to the current price of 137.88 € for United Parcel Service Inc..
