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UBS Adjusts Forecasts Post Amazon Shipping Cuts
UBS has raised its revenue and profit forecasts for 2026, expecting revenues of $91.2 billion and adjusted earnings per share of $7.22. These optimistic outlooks are supported by strong domestic growth and improved shipments along the more profitable trade route between China and the United States. This comes after a reduction in shipping volumes in favor of Amazon, which had previously contributed to lower margins, accounting for 9% of last quarter’s revenue compared to over 13% earlier. Despite this performance improvement, UBS's stock declined by 5.9%, amid investor doubts about the company's ability to meet its 2026 targets, especially given the impact of tariffs and consumer inflation. The company anticipates revenue stability in the current quarter, driven by high-margin international air shipments during the holiday season.
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