Bank of America cuts target for UPS stock to USD 108

Published on 10/12/2026 at 11:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America cut its target from USD 115 to USD 108. UPS stock was EUR 84.83 on October 12, 2026, between EUR 84.56 and EUR 85.10.

Key points in brief

Bank of America cut its UPS price target from USD 115 to USD 108 while keeping a Neutral rating.
UPS reported USD 22.8 billion of adjusted revenue in the second quarter of 2026, up 7.60 percent year over year.
UPS stock was EUR 84.83 at Lang & Schwarz on October 12, 2026, with a USD 80.3 billion market capitalization as of October 9, 2026.
UPS is scheduled to report its next quarterly results on October 27, 2026.

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Bank of America cut its price target for UPS from USD 115 to USD 108 while keeping a Neutral rating, according to Yahoo Finance. The reduction followed weaker Amazon volumes at the end of the second quarter and leaves UPS stock facing a direct test of its network reset.

Target cut highlights volume risk

Bank of America said domestic volume could decline by a mid-single-digit percentage in the second half of 2026 and reduced its third-quarter revenue estimate from USD 23.2 billion to USD 22.4 billion. The bank's target change contrasts with UPS management's stronger operating outlook.

In the second quarter of 2026, UPS delivered adjusted revenue of USD 22.8 billion, up 7.60 percent from the same quarter of 2025, while adjusted operating profit rose 12.00 percent year over year to USD 2.10 billion, according to Yahoo Finance. Adjusted operating margin reached 9.20 percent, up 40 basis points from the second quarter of 2025.

What does the reset mean for margins?

UPS raised its full-year 2026 outlook to USD 91.2 billion of revenue, USD 8.65 billion of adjusted operating profit and USD 7.22 of adjusted diluted earnings per share. The company also expects USD 3.0 billion of benefits from its Amazon glide down and network reconfiguration during 2026.

The latest quarter showed the trade-off clearly. U.S. Domestic revenue increased 6.00 percent year over year to USD 14.9 billion, while U.S. Domestic operating profit climbed 21.00 percent to USD 1.2 billion. International revenue rose 12.50 percent to USD 5.0 billion, but international operating profit fell to USD 623 million.

Three dated UPS milestones

On July 28, 2026, UPS reported second-quarter adjusted revenue of USD 22.8 billion and raised its full-year outlook, according to Yahoo Finance. On September 20, 2026, Bank of America cut its target from USD 115 to USD 108. On October 7, 2026, UPS announced plans to hire 100,000 seasonal workers for the 2026 holiday season, as reported by Yahoo Finance.

Next report date is October 27

Zacks lists October 27, 2026 as UPS's next earnings release date. That report will give investors a fresh reading on domestic package volume, cost per piece and the margin benefit from the network changes.

UPS price and market value

UPS was trading at EUR 84.83 at Lang & Schwarz on October 12, 2026 at 11:39 a.m. CEST, with a bid of EUR 84.56 and an ask of EUR 85.10. The primary NYSE listing was last at USD 94.54 on October 9, 2026 at 4:00 p.m. ET, while market capitalization stood at USD 80.3 billion as of that date.

The further course of trading is shown by the continuously updated real-time quote of UPS stock.