BNP Paribas Exane cuts target for UPS stock to USD 85.00

Published on 10/02/2026 at 15:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 7.60 percent to USD 22.83 billion. UPS stock costs EUR 83.87 on October 2, 2026 after EUR 83.67, plus 0.24 percent.

Isometrisches Diagramm von Lagerhalle, Flugzeug, Lieferwagen und Haustürzustellung — Isometrische 3D-Darstellung der Logistik-Wertschöpfungskette, konzeptionell für United Parcel Serv., ISIN US9113121068 erstellt, Illustration mit AI erstellt.

United Parcel Service (ISIN US9113121068) was trading at EUR 83.87 at Lang & Schwarz on October 2, 2026 at 3:11 p.m. CEST, up 0.24 percent versus the prior close of EUR 83.67. BNP Paribas Exane cut its UPS price target from USD 90.00 to USD 85.00 in a note issued on October 1, 2026, according to MarketBeat.

Quarterly revenue beats expectations

UPS reported USD 22.83 billion of revenue in the second quarter of 2026, up 7.60 percent from the same quarter a year earlier. Diluted earnings per share reached USD 1.76, exceeding the USD 1.65 consensus estimate by USD 0.11, while revenue topped the USD 21.86 billion forecast, according to MarketBeat.

The comparison is favorable on sales and adjusted earnings, but the latest quarter also carried a lower reported operating result. Finance data show operating profit of USD 930.0 million and net income of USD 604.0 million for the second quarter, against USD 1.267 billion and USD 864.0 million in the first quarter.

Analyst targets split sharply

The new BNP Paribas Exane target sits below the USD 93.89 NYSE quotation shown for October 1, 2026, while the broader analyst picture is less negative. Goldman Sachs placed UPS on its conviction list with a USD 132.00 target, whereas Bank of America cut its target from USD 115.00 to USD 108.00 and retained a neutral rating, as Yahoo Finance reported on October 1, 2026.

That spread puts operating execution at the center of the debate. Delivery volume remains the key counterweight to better pricing and network efficiency, particularly after UPS completed its Amazon volume reduction and network reconfiguration initiatives in June 2026.

Leadership reset tests execution

UPS made Wilfredo Ramos executive vice president and chief International, Healthcare and Supply Chain Solutions officer after Kate Gutmann retired effective September 1, 2026. Nando Cesarone took responsibility for global operations and Matt Guffey became chief US domestic officer, according to Parcel and Postal Technology International on September 3, 2026.

The reorganization matters because the company is trying to convert lower package volume into better economics per shipment. The next scheduled earnings report is October 27, 2026, giving investors a defined checkpoint for volume, pricing and margin progress, according to Investing.com.

Stock remains below its yearly high

UPS stock is 31.49 percent below its USD 122.41 52-week high and 2.28 percent above its USD 82.00 low, using the same October 2, 2026 market snapshot. The company had a market capitalization of USD 79.8 billion, making the analyst target gap a valuation question as well as an operating one.

At Lang & Schwarz, the intraday price was EUR 83.87 on October 2, 2026 at 3:11 p.m. CEST, plus 0.24 percent against the EUR 83.67 prior close at Lang & Schwarz on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of UPS stock.