The shipper disclosed 34,000 job cuts in operations as its chief executive is under pressure to reverse a long slump in the company’s stock price.

United Parcel ServiceUPS received a number of stock price target hikes early Wednesday after the stock market applauded the company's Tuesday third-quarter earnings beat and the slashing of its workforce.

Parcel delivery company UPS (NYSE:UPS) reported Q3 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 3.8% year on year to $21.4 billion. The company expects next quarter’s revenue to be around $24 billion,

United Parcel Service Inc. smashed Wall Street’s third-quarter profit expectations, sending its shares soaring and fueling confidence in the courier’s comeback plans.

UPS stock has taken a beating this year. But artificial intelligence could be the key to getting margins back on track.

Shares of United Parcel Service (UPS) are overbought and close to a resistance level. They may reverse and head lower.

United Parcel Service offers a 7.5% dividend yield and trading at a forward P/E of 13.5, presenting value. Click here to read an analysis of UPS stock now.