Evercore ISI lowers UPS stock price target to $97 on cost concerns

Published 29/07/2025, 21:04
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Investing.com - Evercore ISI has reduced its price target on UPS (NYSE:UPS) to $97.00 from $103.00 while maintaining an "In Line" rating on the stock. The stock, currently trading at $90.83, near its 52-week low of $90.55, appears undervalued according to InvestingPro’s Fair Value analysis.

The adjustment follows UPS’s second-quarter 2025 adjusted earnings per share of $1.55, which exceeded Evercore’s estimate of $1.52 but fell short of the average Street forecast of $1.56. Despite revenue outperformance across all segments, with trailing twelve-month revenue reaching $90.91B, the company reported an overall EBIT shortfall. InvestingPro data shows 9 analysts have revised their earnings downward for the upcoming period.

Evercore attributed the earnings miss primarily to a slower-than-expected deceleration of costs as UPS works to align its resources with current demand conditions, which are affected by macroeconomic uncertainty, trade concerns, and declining Amazon (NASDAQ:AMZN) volumes. Despite these challenges, UPS maintains its position as a prominent player in the Air Freight & Logistics industry, with a robust dividend yield of 6.46% and a 27-year track record of consistent dividend payments.

The research firm noted that UPS provided no guidance for the remainder of 2025 or specific targets for the third quarter, citing uncertainties surrounding tariffs and the upcoming peak season. Questions also remain about the timing of UPS’s targeted $3.5 billion cost reduction plan for 2025.

In response to these developments, Evercore has lowered its EPS estimates for UPS to $1.29 from $1.48 for Q3 2025, to $6.65 from $6.92 for full-year 2025, and to $7.46 from $7.90 for full-year 2026, citing expectations of lower margins in both U.S. Domestic and International segments over the coming quarters.

In other recent news, United Parcel Service Inc. (UPS) reported its second-quarter earnings for 2025, showcasing a mixed financial performance. The company achieved a revenue of $21.2 billion, surpassing the anticipated $20.8 billion. However, the diluted earnings per share (EPS) came in at $1.55, slightly below the forecasted $1.57. These results highlight the company’s ability to exceed revenue expectations while facing challenges in meeting earnings forecasts. The earnings announcement has been a focal point for investors, given the broader market conditions and uncertainties surrounding future guidance. Analysts have been closely monitoring these developments, with some expressing concerns about the company’s future performance. Despite the revenue beat, the mixed earnings report has prompted various discussions among market analysts. Investors remain attentive to UPS’s strategies to navigate the current economic landscape.

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