FedEx (NYSE:FDX – Get Free Report) had its target price boosted by research analysts at Stifel Nicolaus from $425.00 to $442.00 in a report issued on Friday,MarketScreener reports. Stifel Nicolaus’ price objective points to a potential upside of 18.19% from the company’s previous close.
Several other research analysts have also commented on FDX. Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. Argus raised their price objective on shares of FedEx from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, April 6th. BMO Capital Markets raised their price objective on shares of FedEx from $400.00 to $410.00 and gave the company a “market perform” rating in a research note on Friday, March 20th. Rothschild & Co Redburn raised their price objective on shares of FedEx from $317.00 to $371.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Finally, Truist Financial raised their price objective on shares of FedEx from $400.00 to $425.00 and gave the company a “buy” rating in a research note on Friday, March 20th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $398.04.
Read Our Latest Stock Analysis on FedEx
FedEx Trading Down 0.8%
FedEx (NYSE:FDX – Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The business had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. During the same quarter last year, the firm posted $4.51 earnings per share. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. On average, analysts predict that FedEx will post 19.14 EPS for the current year.
Institutional Trading of FedEx
Several hedge funds have recently added to or reduced their stakes in the company. OneAscent Financial Services LLC raised its holdings in FedEx by 1.7% in the fourth quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock valued at $491,000 after acquiring an additional 29 shares in the last quarter. Arete Wealth Advisors LLC raised its holdings in FedEx by 1.7% in the fourth quarter. Arete Wealth Advisors LLC now owns 1,778 shares of the shipping service provider’s stock valued at $514,000 after acquiring an additional 30 shares in the last quarter. LRI Investments LLC raised its holdings in FedEx by 5.2% in the fourth quarter. LRI Investments LLC now owns 632 shares of the shipping service provider’s stock valued at $183,000 after acquiring an additional 31 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in FedEx by 11.9% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 292 shares of the shipping service provider’s stock valued at $84,000 after acquiring an additional 31 shares in the last quarter. Finally, Legacy Bridge LLC raised its holdings in FedEx by 33.0% in the fourth quarter. Legacy Bridge LLC now owns 133 shares of the shipping service provider’s stock valued at $38,000 after acquiring an additional 33 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.
Key FedEx News
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: Company raised FY‑2026 guidance — FedEx updated FY‑2026 EPS guidance to a range above consensus and lifted revenue guidance, supporting expectations for stronger profitability this year.
- Positive Sentiment: Spinoff clarity for FedEx Freight should sharpen valuation and investor focus: management laid out targets, leadership and timing (targeting around June 1) for the FedEx Freight separation, which could unlock value and make the core parcel/cargo business easier to value. FedEx Freight Spinoff Sharpens Valuation And Segment Focus
- Positive Sentiment: Tentative pilot wage deal reduces a major operational overhang — FedEx reached a preliminary agreement with its pilots union after prolonged talks, lowering the risk of strikes and near-term disruption. FedEx reaches tentative wage deal with pilots after years of talks
- Positive Sentiment: FedEx Freight growth targets support the standalone story — Investor materials show FedEx Freight aiming for mid‑teens profit growth, which improves the case for the spin and potential valuation upside for shareholders. FedEx Freight Aims for 12% Profit Growth
- Positive Sentiment: Analysts continue to favor the stock overall — a coverage roundup shows an average “Moderate Buy” analyst rating, indicating general analyst support for the shares. FedEx Given Average Rating of “Moderate Buy” by Analysts
- Neutral Sentiment: Momentum and index exposure notes — pieces highlighting FedEx as a momentum stock and its tracking of e‑commerce logistics in an S&P fund are informative for flows but are not immediate catalysts. Here’s Why FedEx is a Strong Momentum Stock FedEx Tracks E-Commerce Logistics Growth In S&P 500 Fund
- Neutral Sentiment: JPMorgan reaffirmed a neutral rating — keeps balance between risk and reward in one major analyst view. FedEx JPMorgan Sticks Neutral
- Neutral Sentiment: Local facility closure (Plattsburgh) is part of Network 2.0 — signals continued network optimization that may reduce long‑term costs but creates short‑term disruption. FedEx to close Plattsburgh facility in June
- Negative Sentiment: Wolfe Research trimmed its price target — a cut to $423 signals some analyst caution on upside and may weigh on sentiment despite most targets remaining above the current price. Wolfe Research Cuts FedEx Price Target to $423.00
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.
Read More
Receive News & Ratings for FedEx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FedEx and related companies with MarketBeat.com's FREE daily email newsletter.
