Wolfe Research Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock

FedEx (NYSE:FDX) had its price objective lifted by Wolfe Research from $322.00 to $328.00 in a report issued on Friday,MarketScreener reports. The firm presently has an “outperform” rating on the shipping service provider’s stock. Wolfe Research’s price objective points to a potential upside of 13.54% from the stock’s previous close.

Several other research analysts have also recently weighed in on FDX. Barclays raised their target price on FedEx from $320.00 to $360.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Dbs Bank upgraded shares of FedEx from a “hold” rating to a “moderate buy” rating in a research report on Thursday, August 21st. Royal Bank Of Canada cut shares of FedEx to a “sector perform” rating in a research note on Wednesday. Citigroup boosted their target price on shares of FedEx from $310.00 to $327.00 and gave the stock a “buy” rating in a report on Friday. Finally, Susquehanna increased their target price on shares of FedEx from $300.00 to $345.00 and gave the company a “positive” rating in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, FedEx currently has a consensus rating of “Hold” and a consensus target price of $297.12.

FedEx Price Performance

NYSE FDX opened at $288.89 on Friday. FedEx has a 12 month low of $194.29 and a 12 month high of $295.24. The firm has a market capitalization of $68.17 billion, a PE ratio of 15.93, a P/E/G ratio of 1.49 and a beta of 1.32. The company’s 50 day simple moving average is $262.33 and its 200 day simple moving average is $241.39. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.25 and a quick ratio of 1.21.

FedEx (NYSE:FDX) last issued its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. FedEx had a return on equity of 16.72% and a net margin of 4.81%.The firm had revenue of $23.47 billion during the quarter, compared to analyst estimates of $22.79 billion. During the same period last year, the company posted $4.05 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities research analysts forecast that FedEx will post 19.14 EPS for the current fiscal year.

Hedge Funds Weigh In On FedEx

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC acquired a new stake in FedEx during the 3rd quarter valued at $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of FedEx in the second quarter worth $28,000. Wealth Watch Advisors INC purchased a new position in shares of FedEx during the third quarter valued at $28,000. NewSquare Capital LLC raised its position in FedEx by 121.8% during the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after buying an additional 67 shares during the period. Finally, Ameriflex Group Inc. raised its position in FedEx by 103.3% during the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock valued at $29,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx reported a stronger‑than‑expected Q2: adjusted EPS $4.82 and revenue ~$23.5B, with management raising FY‑2026 guidance (EPS view 17.80–19.00; revenue guidance ~$92.4–93.2B). That beat + guide lift is the primary catalyst supporting today’s gain. FedEx Reports Strong Second Quarter Earnings Growth Year‑Over‑Year
• Positive Sentiment: Margins and network optimization showed meaningful improvement (higher Express margins, operating‑income lift and management pointing to Network 2.0 efficiencies), supporting earnings leverage if volume mix holds. FedEx (FDX) Stock: Shipping Giant Posts Strong Q2 Beat on Cost Cuts and B2B Growth
• Positive Sentiment: Wall Street has responded with numerous price‑target raises and buy/outperform reiterations (examples: Goldman, Wolfe, Stephens, BofA, Barclays, TD Cowen, Deutsche Bank), adding buying interest into the print. Goldman Sachs adjusts price target on FedEx to $317
• Neutral Sentiment: Market context: broader market moves and holiday‑season data (inflation prints, Santa‑Rally chatter) are influencing premarket/after‑hours volatility around stocks like FedEx; some headlines flagged mixed premarket action despite the beat. Nike, FedEx: After‑Hours Stock Moves in Focus
• Neutral Sentiment: Some outlets upgraded FedEx’s fundamental view (Zacks Rank upgrade to #2/Buy) reflecting improving earnings momentum — useful for medium‑term conviction but not an immediate guarantee of continued upside. What Makes FedEx (FDX) a New Buy Stock
• Negative Sentiment: Not all analysts turned bullish — Bernstein kept a Hold with a much lower $250 target, reflecting skepticism about upside beyond the guide and limited near‑term earnings leverage. That caution could cap gains if momentum fades. FedEx: Strong Quarter and Operational Progress Offset by Cautious Outlook
• Negative Sentiment: Operational/air‑safety report: coverage noted an MD‑11 grounding-related issue and customer/crew‑handling frictions (e.g., slow rebooking of pilots’ hotels), a reminder that air network disruptions can create episodic costs or service impacts. FedEx slow to rebook pilots’ hotel rooms amid MD‑11 grounding
• Negative Sentiment: Some commentary/questions explain why shares briefly dipped in parts of the session despite the beat — investors are parsing whether the guidance midpoint leaves limited upside and whether peak‑season trends are sustainable. Why FedEx stock is falling despite earnings surprise and price target hikes

About FedEx

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.