Wall Street analyst estimates for United Parcel Service, Inc. (UPS): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
United Parcel Service, Inc., a package delivery and logistics provider, offers transportation and delivery services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery services for express letters, documents, packages and palletized freight through air and ground services.
Consensus price target
$115.79 (+1% vs price $114.30)
between $76.00 and $135.00 · 7 targets published in the last quarter
Closing price, Nov 4
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $92.5B | $91.3B – $93.3B | $7.26 | 18 |
| 2027E | $95.7B | $93.4B – $97.4B | $8.06 | 19 |
| 2028E | $98.8B | $88.6B – $103B | $8.58 | 9 |
Figures in USD · consensus as of November 5, 2026
Analyst Consensus
| Strong Buy | 2 |
| Buy | 19 |
| Hold | 20 |
| Sell | 4 |
| Strong Sell | 0 |
| Total analysts | 45 |
| Avg rating (−2 sell to +2 buy) | 0.42 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-01-26 | $2.76 | ||
| 2026-10-27 | $1.69 | $1.62 | +4.3% |
| 2026-07-28 | $1.76 | $1.66 | +6.0% |
| 2026-04-28 | $1.07 | $1.04 | +2.9% |
| 2026-01-27 | $2.38 | $2.20 | +8.2% |
| 2025-10-28 | $1.74 | $1.29 | +34.9% |
| 2025-07-29 | $1.55 | $1.56 | -0.6% |
| 2025-04-29 | $1.49 | $1.38 | +8.0% |
Valuation Ratios
| P/E Ratio | 21.98 |
| Price / Book | 6.49 |
| Dividend Yield | 5.74% |
Income Statement (10y)
| Year | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.65B | $31.27B | $33.48B | $36.58B | $42.58B | $47.55B | $49.69B | $51.49B | $45.12B | $49.45B | $53.21B | $54.06B | $55.49B | $58.26B | $58.05B | $60.50B | $66.55B | $71.91B | $73.92B | $84.43B | $97.20B | $100.03B | $90.75B | $90.89B | $88.66B |
| Cost of Revenue | $7.89B | $7.77B | $8.15B | $27.60B | $32.27B | $36.41B | $44.37B | $40.75B | $37.19B | $39.70B | $42.05B | $43.70B | $44.08B | $46.55B | $45.94B | $48.16B | $53.20B | $57.74B | $57.82B | $62.65B | $79.77B | $79.95B | $73.04B | $73.84B | $72.63B |
| Gross Profit | $22.75B | $23.50B | $25.33B | $8.98B | $10.32B | $11.13B | $5.33B | $10.73B | $7.93B | $9.75B | $11.16B | $10.36B | $11.41B | $11.71B | $12.11B | $12.34B | $13.35B | $14.17B | $16.09B | $21.78B | $17.43B | $20.08B | $17.71B | $17.06B | $16.03B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $17.40B | $17.94B | $19.33B | $3.84B | $4.12B | $4.49B | $4.45B | $4.78B | $4.07B | $4.01B | $5.02B | $9.11B | $4.39B | $5.64B | $4.77B | $7.27B | $5.86B | $7.09B | $8.22B | $13.95B | $4.33B | $7.11B | $8.34B | $8.68B | 0 |
| Operating Expenses | $26.68B | $28.20B | $29.03B | $3.84B | $4.12B | $4.49B | $4.45B | $4.78B | $4.07B | $4.01B | $5.02B | $9.11B | $4.39B | $5.64B | $4.77B | $7.27B | $5.86B | $7.09B | $8.22B | $13.95B | $4.33B | $7.11B | $8.34B | $8.37B | $8.16B |
| Operating Income | $3.96B | $4.10B | $4.45B | $5.14B | $6.19B | $6.65B | $873.0M | $5.95B | $3.86B | $5.74B | $6.14B | $1.25B | $7.03B | $6.07B | $7.34B | $5.07B | $7.49B | $7.07B | $7.88B | $7.84B | $13.11B | $12.97B | $9.37B | $8.69B | $7.87B |
| EBITDA | $3.96B | $4.64B | $4.45B | $6.61B | $7.89B | $8.47B | $2.42B | $7.27B | $5.61B | $7.76B | $8.21B | $3.21B | $8.91B | $6.84B | $9.70B | $7.71B | $9.84B | $8.80B | $8.64B | $5.23B | $20.23B | $18.71B | $12.71B | $11.91B | $11.93B |
| Interest Expense | 0 | 0 | 0 | $149.0M | $172.0M | $211.0M | $246.0M | $442.0M | $494.0M | $443.0M | $654.0M | $383.0M | $372.0M | $277.0M | $271.0M | $347.0M | $417.0M | $572.0M | $629.0M | $684.0M | $683.0M | $694.0M | $775.0M | $861.0M | $1.01B |
| Pre-tax Income | $3.94B | $5.01B | $4.37B | $4.92B | $6.08B | $6.51B | $431.0M | $5.01B | $3.37B | $5.52B | $5.78B | $974.0M | $6.67B | $4.64B | $7.34B | $5.14B | $7.14B | $6.02B | $5.65B | $1.84B | $16.59B | $14.82B | $8.57B | $7.44B | $7.16B |
| Income Tax | $1.51B | $1.75B | $1.47B | $1.59B | $2.21B | $2.31B | $49.0M | $2.01B | $1.21B | $2.04B | $1.97B | $167.0M | $2.30B | $1.60B | $2.50B | $1.71B | $2.23B | $1.23B | $1.21B | $501.0M | $3.71B | $3.28B | $1.86B | $1.66B | $1.59B |
| Net Income | $2.40B | $3.18B | $2.90B | $3.33B | $3.87B | $4.20B | $382.0M | $3.00B | $2.15B | $3.49B | $3.80B | $807.0M | $4.37B | $3.03B | $4.84B | $3.43B | $4.91B | $4.79B | $4.44B | $1.34B | $12.89B | $11.55B | $6.71B | $5.78B | $5.57B |
| EPS | $2.13 | $2.84 | $2.57 | $2.95 | $3.48 | $3.87 | $0.36 | $2.96 | $2.16 | $3.51 | $3.88 | $0.84 | $4.65 | $3.31 | $5.38 | $3.89 | $5.63 | $5.53 | $5.14 | $1.55 | $14.75 | $13.26 | $7.81 | $6.76 | $6.56 |
| EPS (Diluted) | $2.10 | $2.81 | $2.55 | $2.93 | $3.47 | $3.86 | $0.36 | $2.94 | $2.14 | $3.48 | $3.84 | $0.83 | $4.61 | $3.28 | $5.35 | $3.87 | $5.61 | $5.51 | $5.11 | $1.54 | $14.68 | $13.20 | $7.80 | $6.76 | $6.56 |
| Shares Outstanding (Diluted) | 1,142.4 M | 1,132.4 M | 1,136.5 M | 1,137.5 M | 1,115.3 M | 1,089.0 M | 1,063.0 M | 1,022.0 M | 1,004.0 M | 1,003.0 M | 991.0 M | 969.0 M | 948.0 M | 924.0 M | 906.0 M | 887.0 M | 875.0 M | 870.0 M | 869.0 M | 871.0 M | 878.0 M | 871.0 M | 860.0 M | 856.0 M | 850.0 M |
Price
| Price | $114.30 (closing price, November 4, 2026) |
| Market Cap | $85.7B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Industrials · Integrated Freight & Logistics
More sections of UPS: Overview · Financials · Valuation · Technical · Ownership
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