UPS stock drops 5.2% due to weaker demand from tariffs and reduced delivery volume with Amazon.

From StockTwits: 2025-03-30 23:16:00

United Parcel Service (UPS) stock has dropped 5.2% in the past week due to concerns about demand amid tariff uncertainties. President Trump promised to impose tariffs on all countries, including autos, steel, aluminum, and imports from China. A poll on Stocktwits showed 45% of respondents believe the stock has more downside ahead. BofA Global Research reduced the price target for UPS to $129 from $133 and lowered first quarter earnings estimates by 15% due to weaker demand from tariffs. UPS forecasted annual revenue below Wall Street’s estimates after reducing delivery volume with Amazon. UPS is set to report results on April 29. UPS shares are down 13.7% year-to-date.



Read more at StockTwits: Retail Sees More Downside For UPS Stock On Weak Demand