Are Wall Street Analysts Predicting United Parcel Service Stock Will Climb or Sink?

Atlanta, Georgia-based United Parcel Service, Inc. (UPS) is a major player in package delivery and supply chain management services. Valued at a market cap of $112.7 billion, the company offers a broad range of logistics solutions, including domestic and international package delivery, freight forwarding, and supply chain consulting. UPS is known for its extensive network and innovative logistics capabilities, ensuring reliable and efficient service to businesses and consumers worldwide.

Shares of the parcel delivery company have dropped 12.9% over the past 52 weeks, underperforming the broader S&P 500 Index ($SPX), which rallied nearly 31.1%. In 2024, UPS shares are down 16.5% on a YTD basis, lagging behind the SPX's 24.7% gain.