JPMorgan Chase & Co. Issues Positive Forecast for FedEx (NYSE:FDX) Stock Price

FedEx (NYSE:FDX) had its price objective boosted by JPMorgan Chase & Co. from $294.00 to $424.00 in a report published on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the shipping service provider’s stock.

Several other brokerages also recently issued reports on FDX. Morgan Stanley boosted their price objective on FedEx from $200.00 to $210.00 and gave the stock an “underweight” rating in a research report on Friday, December 19th. Raymond James Financial lifted their target price on FedEx from $305.00 to $410.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. HSBC lowered FedEx from a “hold” rating to a “reduce” rating and set a $335.00 price target for the company. in a research report on Wednesday, February 25th. Jefferies Financial Group raised their price target on FedEx from $425.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Finally, Evercore lifted their price objective on shares of FedEx from $364.00 to $380.00 in a research note on Tuesday, February 24th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and an average price target of $371.00.

FedEx Stock Down 0.4%

FDX stock opened at $359.52 on Tuesday. The stock has a market cap of $84.53 billion, a PE ratio of 19.82, a price-to-earnings-growth ratio of 1.72 and a beta of 1.29. The firm’s 50-day simple moving average is $342.59 and its 200 day simple moving average is $284.73. FedEx has a fifty-two week low of $194.29 and a fifty-two week high of $392.86. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last posted its earnings results 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 analyst estimates of $22.79 billion. During the same period in the previous year, the business posted $4.05 EPS. FedEx’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. As a group, sell-side analysts predict that FedEx will post 19.14 EPS for the current year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be paid a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, March 9th. FedEx’s dividend payout ratio (DPR) is presently 31.97%.

Institutional Trading of FedEx

A number of hedge funds and other institutional investors have recently modified their holdings of FDX. EFG International AG acquired a new position in FedEx during the fourth quarter worth about $27,000. Ulland Investment Advisors LLC acquired a new stake in FedEx in the 4th quarter valued at about $29,000. Tucker Asset Management LLC bought a new position in shares of FedEx during the 4th quarter valued at about $29,000. Wilkerson Advisory Group LLC bought a new position in shares of FedEx during the 4th quarter valued at about $29,000. Finally, ORG Partners LLC grew its stake in shares of FedEx by 50.0% in the 4th quarter. ORG Partners LLC now owns 105 shares of the shipping service provider’s stock worth $30,000 after purchasing an additional 35 shares during the last quarter. 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: JPMorgan raised its price target on FDX sharply to $424 (from $294) while keeping a “neutral” rating — the new target implies meaningful upside relative to current levels and may support buying interest or limit downside. JPMorgan raises FDX price target to $424
• Positive Sentiment: Coverage pieces note FedEx has outperformed the Dow over the past year and analysts remain moderately bullish, reinforcing a narrative of operational recovery and earnings momentum that could attract momentum investors. Is FedEx Corporation Stock Outperforming the Dow?
• Neutral Sentiment: Sector roundups and comparative pieces (FedEx vs. UPS) provide context on long-term returns and industry positioning — useful for investors re-evaluating allocation between parcel carriers but not likely to move shares by themselves. Investing $1,000 in FedEx or UPS a Decade Ago Would Have Garnered How Much?
• Neutral Sentiment: Auto & Transport sector roundups mention FedEx alongside peers; these summaries are useful for macro/peer analysis but carry limited direct impact unless they highlight new guidance or contract news. Auto & Transport Roundup: Market Talk
• Neutral Sentiment: Local franchising and small-operator news (e.g., AIM Mail Center ownership change) are operationally immaterial to FedEx’s corporate performance. New Owner of AIM Mail Center in Rocklin, California Continues 24-Year Legacy
• Negative Sentiment: Rising oil prices and a sector-wide jump in fuel costs pressured parcel carriers: UPS plunged after oil topped $100/barrel and reports say FedEx also fell in sympathy — higher fuel costs compress margins and can weigh on near-term profitability and sentiment. UPS Stock Plummets 5% Amid Oil Price Surge and Transport Sector Turbulence

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.