UPS climbs after lifting full-year revenue forecast
UPS•Shares rise after outlook increase
- Shares of delivery giant United Parcel Service UPS.N were up about 2.2% at $115.4 in premarket trading.
- The company raised its full-year revenue forecast as it continues to pivot toward higher-margin shipments while further scaling back volumes handled for its largest customer, Amazon.com AMZN.O.
- It now expects 2026 revenue to be $91.2 billion, up from its previous forecast of $89.7 billion.
- The median price target of 31 brokerages covering the stock is $115, according to data compiled by LSEG.
- As of the last close, the stock was down about 14% year to date.
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