United Parcel Service stock faces a lower USD 108 target

United Parcel Service stock was trading at USD 95.81 on the NYSE on September 23, 2026, down 0.05 percent from the prior session. The immediate issue is Bank of America cutting its price target to USD 108 from USD 115 on September 21, 2026, while keeping a Neutral rating, as Yahoo Finance reported.

BofA targets weaker package volumes

Bank of America cited weaker domestic package volumes and lower earnings expectations in its September 21 report. The target reduction puts the new USD 108 level USD 12.19 above the September 23 quote, a gap of 12.7 percent.

The report also connects the pressure to UPS package trends involving Amazon shipments. That matters because management has been reducing lower-margin volume while investors assess the timing of related cost savings.

Q2 revenue reached USD 22.83 billion

UPS reported adjusted earnings of USD 1.76 per share for Q2 2026, above the USD 1.65 consensus estimate by USD 0.11, while revenue rose 7.6 percent year over year to USD 22.83 billion, according to MarketBeat on September 23, 2026.

The comparison is important: quarterly sales expanded, yet the stock remains 21.7 percent below its 52-week high of USD 122.41. The current quote is also USD 13.81 above the 52-week low of USD 82, showing a wide valuation spread rather than a decisive price trend.

Hold consensus stays at USD 117.41

MarketBeat said on September 18, 2026 that 21 brokerages carried a consensus Hold rating and an average 12-month price target of USD 117.41. The target is USD 21.60 above the September 23 quote, equivalent to 22.5 percent.

For investors, the key tension is visible in the numbers. Q2 revenue growth and an adjusted EPS beat support the operating case, while the target cut and package-volume concerns keep attention on mix, cost savings and domestic demand.

UPS stock trades near USD 96

United Parcel Service stock was trading at USD 95.81 on the NYSE on September 23, 2026 at 3:59 p.m. ET. Its market capitalization was USD 81,390,802,524 on the same date.