Evercore Issues Positive Forecast for FedEx (NYSE:FDX) Stock Price

FedEx (NYSE:FDX) had its target price upped by Evercore from $364.00 to $380.00 in a report issued on Tuesday, MarketBeat reports.

Several other analysts have also recently commented on FDX. Bank of America boosted their price target on FedEx from $408.00 to $414.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Wall Street Zen raised shares of FedEx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. BNP Paribas Exane set a $280.00 target price on shares of FedEx and gave the company a “neutral” rating in a research report on Tuesday, January 13th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of FedEx in a research note on Tuesday, January 20th. Finally, Royal Bank Of Canada cut shares of FedEx to a “sector perform” rating in a research note on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $362.30.

FedEx Stock Performance

FDX opened at $386.31 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The company has a market cap of $90.83 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 1.83 and a beta of 1.34. FedEx has a 52-week low of $194.29 and a 52-week high of $391.65. The firm’s fifty day simple moving average is $325.67 and its two-hundred day simple moving average is $274.38.

FedEx (NYSE:FDX) last released its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, topping 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 business had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter in the previous year, the company earned $4.05 earnings per share. The company’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. Equities analysts anticipate that FedEx will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The firm also recently announced 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 is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a yield of 1.5%. FedEx’s payout ratio is currently 31.97%.

Institutional Trading of FedEx

Hedge funds and other institutional investors have recently modified their holdings of the business. DGS Capital Management LLC boosted its stake in FedEx by 41.4% during the fourth quarter. DGS Capital Management LLC now owns 1,914 shares of the shipping service provider’s stock worth $553,000 after buying an additional 560 shares during the period. SG Trading Solutions LLC purchased a new stake in shares of FedEx in the 4th quarter valued at approximately $728,000. Kera Capital Partners Inc. lifted its holdings in shares of FedEx by 17.2% in the 4th quarter. Kera Capital Partners Inc. now owns 2,226 shares of the shipping service provider’s stock worth $643,000 after acquiring an additional 327 shares during the last quarter. MV Capital Management Inc. purchased a new position in shares of FedEx during the 4th quarter worth approximately $307,000. Finally, Wick Capital Partners LLC acquired a new stake in FedEx in the 4th quarter valued at approximately $2,338,000. 84.47% of the stock is owned by institutional investors and hedge funds.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx has sued the U.S. government in the U.S. Court of International Trade seeking a full refund of IEEPA tariffs it paid; a successful recovery could materially offset last year’s ~ $1B profit hit and improve forward earnings visibility. FedEx sues U.S. seeking full refund of Trump tariffs
• Positive Sentiment: Analysts have been raising targets on FDX (Evercore, Rothschild/Redburn among them), reflecting improved earnings expectations and supporting the stock’s near‑term momentum. Evercore ISI adjusts price target on FedEx to 380 from 364
• Neutral Sentiment: Media and legal coverage signal this could be the first of many corporate suits seeking refunds; FedEx’s move positions it as a leader but also means prolonged litigation and policy risk. Corporate America’s Growing Quest for Tariff Refunds
• Neutral Sentiment: Coverage notes FedEx didn’t disclose the refund amount requested and it’s unclear whether recovered funds would flow to FedEx’s P&L or be passed back to customers — outcome uncertainty limits how quickly the market prices in benefits. FedEx is the first major company to sue for a full tariff refund after Supreme Court leaves payback open-ended
• Neutral Sentiment: Technicals and analyst optimism have pushed FDX to multi‑month/all‑time highs, supporting momentum buying even as legal questions play out. Can FedEx Stock Continue to Deliver?
• Negative Sentiment: A shipper has sued FedEx seeking repayment of tariffs FedEx collected on small‑parcel shipments, creating a potential liability and reputational/headache risk if FedEx is found responsible for passing refunds back to customers. Customer sues FedEx for refund after Supreme Court rejects Trump tariffs

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.