FedEx (NYSE:FDX) Price Target Raised to $364.00

FedEx (NYSE:FDX) had its price objective boosted by Evercore ISI from $288.00 to $364.00 in a report issued on Friday, MarketBeat.com reports.

FDX has been the subject of a number of other reports. Wolfe Research boosted their price objective on FedEx from $355.00 to $394.00 and gave the stock an “outperform” rating in a report on Tuesday, February 10th. Rothschild & Co Redburn set a $271.00 price target on FedEx in a report on Wednesday, January 21st. The Goldman Sachs Group set a $364.00 price target on FedEx and gave the company a “buy” rating in a research report on Thursday. Bank of America raised their price objective on FedEx from $408.00 to $414.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Citigroup upped their target price on shares of FedEx from $327.00 to $401.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, FedEx currently has a consensus rating of “Moderate Buy” and a consensus target price of $355.50.

FedEx Stock Performance

FDX opened at $374.61 on Friday. FedEx has a 1-year low of $194.29 and a 1-year high of $380.86. The company has a market cap of $88.08 billion, a price-to-earnings ratio of 20.65, a PEG ratio of 1.81 and a beta of 1.33. The company’s fifty day moving average price is $311.56 and its two-hundred day moving average price is $266.52. 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 issued its quarterly earnings data 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 net margin of 4.81% and a return on equity of 16.63%. The firm had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same period last year, the company 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. On average, analysts expect that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be given a $1.45 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 annualized dividend and a yield of 1.5%. FedEx’s payout ratio is currently 31.97%.

Institutional Investors Weigh In On FedEx

Large investors have recently modified their holdings of the stock. New York State Teachers Retirement System lifted its stake in shares of FedEx by 2.3% in the 3rd quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider’s stock worth $48,831,000 after purchasing an additional 4,734 shares during the period. D.A. Davidson & CO. grew its position in FedEx by 10.6% during the third quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock valued at $11,419,000 after buying an additional 4,634 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in FedEx by 11.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider’s stock valued at $8,243,000 after buying an additional 3,514 shares during the last quarter. Savant Capital LLC raised its position in FedEx by 32.5% in the third quarter. Savant Capital LLC now owns 40,019 shares of the shipping service provider’s stock worth $9,437,000 after acquiring an additional 9,806 shares during the period. Finally, Pacer Advisors Inc. boosted its stake in shares of FedEx by 34.9% during the 3rd quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock worth $5,679,000 after acquiring an additional 6,234 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Multiple analysts raised price targets and reiterated buy/outperform views, supporting upside expectations and fueling investor momentum. Jefferies raised its target to $425 and kept a buy rating. Read More.
• Positive Sentiment: Bank of America, Wolfe Research and TD Cowen also boosted targets/ratings, reinforcing consensus bullishness on FDX’s growth and margin plans. Read More.
• Positive Sentiment: FedEx detailed multi‑year targets at Investor Day (higher revenue ambition, focus on high‑margin B2B and network transformation) that underpin stronger profit and cash‑flow outlooks. Investors interpret this as tangible upside to valuation if execution continues. Read More.
• Positive Sentiment: The board declared a quarterly cash dividend of $1.45, a direct return to shareholders that supports the stock’s appeal to income‑oriented investors. Read More.
• Neutral Sentiment: FedEx joined the Hedera Council to explore distributed infrastructure for digital supply chains — a strategic, longer‑term tech partnership that could improve visibility but is not an immediate earnings driver. Read More.
• Neutral Sentiment: Industry coverage highlights rising warehouse automation (including FedEx) — improves long‑term cost structure but requires capital and workforce transition. Read More.
• Neutral Sentiment: A technical trading signal flagged around $369.69 and briefly drove intraday momentum; useful for short‑term traders but not a fundamental catalyst. Read More.
• Negative Sentiment: Some market commentary flagged a weaker “catalyst” profile despite the strong run, suggesting that absent concrete near‑term operational beats the stock could pause. This cautions momentum traders about timing. Read More.
• Negative Sentiment: Evercore raised its target to $364 — still below the current price — reflecting at least one analyst’s more conservative near‑term view and adding a counterpoint to the broad upgrade trend. Read More.

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.