Evercore cuts target for UPS stock from USD 118 to USD 107

Published on 10/21/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UPS reported USD 22.83 billion in second-quarter revenue, up 7.60 percent. UPS stock costs EUR 87.87 on October 21, 2026 before October 27 results.

Analyst pressure before results

Evercore ISI cut its UPS target to USD 107.00 from USD 118.00 on October 20, 2026.
Second-quarter revenue reached USD 22.83 billion, an increase of 7.60 percent year over year.
UPS stock trades at EUR 87.87 at 11:10 a.m. CEST at Lang & Schwarz on October 21, 2026.
Third-quarter results are scheduled for October 27, 2026, at 6:00 a.m. ET.

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United Parcel Service (ISIN US9113121068) is facing a lower analyst valuation before its next earnings report. According to Markets Insider on October 20, 2026, Evercore ISI cut its UPS target from USD 118.00 to USD 107.00 and kept an In Line rating. The analyst cited higher costs despite a better macro backdrop.

Target cut raises the hurdle

The revised target puts cost control at the center of the upcoming report. UPS entered the second half of 2026 after a large network reset, and the next figures will show whether improved revenue quality can offset weaker package volumes.

In the second quarter of 2026, UPS reported USD 22.83 billion in revenue, up 7.60 percent year over year. The company posted USD 930.00 million in GAAP operating profit and USD 2.10 billion in non-GAAP adjusted operating profit, while adjusted operating margin reached 9.20 percent, according to the company's SEC filing dated July 28, 2026.

What will the next report test?

The comparison is demanding because adjusted operating profit rose 12.00 percent year over year in the second quarter, while the U.S. domestic business still faced the effects of the Amazon volume reduction. UPS also raised its full-year 2026 outlook to USD 91.20 billion in revenue, USD 8.65 billion in adjusted operating profit and USD 7.22 in adjusted diluted earnings per share on July 28, 2026.

Three dates changed the setup

On July 28, 2026, UPS reported USD 22.83 billion in second-quarter revenue. On October 13, 2026, the company scheduled its third-quarter results for 6:00 a.m. ET on October 27, 2026. On October 20, 2026, Evercore ISI lowered its target to USD 107.00. Together, the dates move the story from completed restructuring to a near-term profitability test.

Results and call are next

UPS will publish third-quarter 2026 results on October 27, 2026, at 6:00 a.m. ET and hold its investor call at 8:30 a.m. ET. The schedule makes adjusted margin, domestic package volume and the full-year outlook the key figures for the next update.

UPS stock enters the report

UPS stock was trading at EUR 87.87 at Lang & Schwarz on October 21, 2026 at 11:10 a.m. CEST. The primary listing is on the NYSE, where the finance snapshot showed USD 98.52 on October 20, 2026, with a market capitalization of USD 73.8 billion and a 52-week range of USD 86.30 to USD 122.41.

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