JPMorgan Chase & Co. Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock

FedEx (NYSE:FDX) had its price objective upped by JPMorgan Chase & Co. from $424.00 to $432.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the shipping service provider’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 20.52% from the company’s previous close.

A number of other analysts also recently issued reports on FDX. UBS Group increased their price target on shares of FedEx from $412.00 to $446.00 and gave the stock a “buy” rating in a report on Friday. Wolfe Research lifted their price objective on shares of FedEx from $355.00 to $394.00 and gave the company an “outperform” rating in a report on Tuesday, February 10th. BNP Paribas Exane set a $280.00 price objective on shares of FedEx and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Morgan Stanley increased their target price on shares of FedEx from $220.00 to $230.00 and gave the stock an “underweight” rating in a research note on Friday. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of FedEx in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, FedEx has a consensus rating of “Moderate Buy” and a consensus target price of $393.85.

FedEx Stock Up 0.7%

Shares of FDX stock opened at $358.44 on Friday. FedEx has a twelve month low of $194.29 and a twelve month high of $392.86. The stock has a market cap of $84.28 billion, a P/E ratio of 19.08, a P/E/G ratio of 1.70 and a beta of 1.29. The stock has a 50 day moving average of $351.21 and a 200 day moving average of $291.29. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, topping the consensus estimate of $4.12 by $1.13. The business had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. FedEx had a return on equity of 17.03% and a net margin of 4.88%.The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.51 EPS. As a group, sell-side analysts expect that FedEx will post 19.14 EPS for the current year.

Institutional Trading of FedEx

Institutional investors and hedge funds have recently modified their holdings of the stock. Grey Fox Wealth Advisors LLC purchased a new position in FedEx in the 3rd quarter valued at about $27,000. EFG International AG acquired a new stake in FedEx in the 4th quarter worth about $27,000. Twin Peaks Wealth Advisors LLC purchased a new stake in FedEx during the 2nd quarter worth approximately $28,000. Wealth Watch Advisors INC acquired a new position in shares of FedEx during the third quarter valued at approximately $28,000. Finally, Ameriflex Group Inc. raised its holdings in shares of 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 acquiring an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx posted a double beat (EPS and revenue) and lifted full‑year profit guidance, which is the primary driver behind the stock rally. Article Link
• Positive Sentiment: Analyst re‑ratings and price‑target lifts — Multiple firms (UBS, Wells Fargo, BofA, Susquehanna, Stephens, TD Cowen, Truist, Stifel, BMO, etc.) raised targets or upgraded ratings after the results, supporting further upside sentiment. Article Link
• Neutral Sentiment: Management says demand is holding — FedEx flagged that early‑March volumes matched expectations and that its fuel surcharge is moderating higher fuel costs, but management assumes no additional geopolitical disruptions. That reduces immediate downside but leaves exposure to future shocks. Article Link
• Neutral Sentiment: Market context is mixed — broader markets are pressured by oil/geo risks and macro data, so FedEx’s outperformance is occurring in a risk‑off environment that could limit follow‑through. Article Link
• Negative Sentiment: Cost and segment risks persist — fuel costs are materially higher (a key margin headwind) and the Freight business remains weak; both could pressure results if trends worsen. Article Link
• Negative Sentiment: Some caution in the market and mixed guidance reaction — a few headlines note the company gave a relatively cautious near‑term forecast that caused intraday profit‑taking, and one major house (Morgan Stanley) still expresses an underweight stance with a much lower target. Article Link
• Negative Sentiment: Operational/PR risk — the NTSB is probing a close runway call involving a FedEx jet, a reputational/operational overhang to monitor. Article Link

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.