Where Will UPS Stock Be in 1 Year?

As articulated previously, in June 2021, management laid out its 2023 targets for revenue, operating profit margin, and operating profit and promptly hit them a year early in 2022. For reference, management started the year forecasting full-year revenue of $97 billion to $99.4 billion and adjusted operating profit margin of 12.8% to 13.6%. Fast-forward to the third quarter earnings report in late October, and management now expects revenue of $91.3 billion to $92.3 billion and adjusted operating margin of 10.8% to 11.3%.