FedEx (NYSE:FDX) Raised to “Buy” at Bank of America

FedEx (NYSE:FDX) was upgraded by equities researchers at Bank of America from a “neutral” rating to a “buy” rating in a research note issued on Friday, Marketbeat reports. The firm presently has a $365.00 price target on the shipping service provider’s stock. Bank of America‘s target price would suggest a potential upside of 16.92% from the company’s previous close.

A number of other equities analysts have also recently issued reports on the stock. Susquehanna decreased their price objective on shares of FedEx from $345.00 to $340.00 in a research report on Tuesday, December 23rd. Jefferies Financial Group increased their target price on shares of FedEx from $315.00 to $326.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Sanford C. Bernstein boosted their price target on FedEx from $250.00 to $306.00 and gave the company a “market perform” rating in a report on Friday. Oppenheimer reaffirmed a “market perform” rating on shares of FedEx in a research report on Friday, December 19th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of FedEx in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $303.16.

FedEx Price Performance

Shares of FedEx stock opened at $312.18 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. FedEx has a one year low of $194.29 and a one year high of $318.83. The business’s 50 day simple moving average is $279.08 and its two-hundred day simple moving average is $249.12. The stock has a market capitalization of $73.40 billion, a P/E ratio of 17.21, a price-to-earnings-growth ratio of 1.56 and a beta of 1.35.

FedEx (NYSE:FDX) last issued its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The firm had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter last year, the business earned $4.05 earnings per share. The business’s revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Analysts forecast that FedEx will post 19.14 EPS for the current year.

Institutional Investors Weigh In On FedEx

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ulland Investment Advisors LLC bought a new stake in shares of FedEx during the 4th quarter valued at $29,000. Grey Fox Wealth Advisors LLC purchased a new position in FedEx during the 3rd quarter valued at about $27,000. Twin Peaks Wealth Advisors LLC bought a new stake in FedEx during the second quarter worth about $28,000. Wealth Watch Advisors INC bought a new stake in FedEx during the third quarter worth about $28,000. Finally, NewSquare Capital LLC grew its holdings in FedEx by 121.8% in the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after purchasing an additional 67 shares during the period. 84.47% of the stock is owned by hedge funds and other institutional investors.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Bank of America upgraded FDX from “neutral” to “buy” and named the stock a top pick for 2026, assigning a $365 price target (implies ~17% upside). This upgrade is being cited in multiple outlets and supports momentum buying. BofA Top Pick Article
• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for FedEx to $18.23 from $17.66, signaling analysts are lifting full-year profit expectations. (No link provided)
• Positive Sentiment: Zacks Research also increased its Q3 2026 EPS estimate to $3.97 (from $3.69), a near-term upgrade that may help sentiment into the next reporting cycle. (No link provided)
• Positive Sentiment: Market commentary and media pieces highlight hopes that the four‑year freight recession is ending, which would lift freight volumes and pricing — a key growth driver for FedEx’s freight and ground segments. Freight Recession Article
• Neutral Sentiment: CNBC’s “Trade Tracker” highlighted a portfolio move that includes buying FedEx, which can add retail/institutional attention but is not a formal analyst endorsement. Trade Tracker Video
• Negative Sentiment: Zacks trimmed its Q1 2027 EPS estimate to $4.05 from $4.29, a downward near-term revision that could temper expectations for the next quarter. (No link provided)

FedEx Company Profile

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.