FedEx (NYSE:FDX) Stock Price Expected to Rise, Bank of America Analyst Says

FedEx (NYSE:FDX) had its price target lifted by equities researchers at Bank of America from $431.00 to $440.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the shipping service provider’s stock. Bank of America‘s price objective indicates a potential upside of 22.75% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Morgan Stanley upped their target price on shares of FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Friday, December 19th. Zacks Research cut shares of FedEx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. The Goldman Sachs Group raised their price target on FedEx from $364.00 to $369.00 and gave the company a “buy” rating in a report on Friday, March 13th. Stephens lifted their price objective on FedEx from $330.00 to $405.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Finally, Truist Financial boosted their price objective on FedEx from $285.00 to $330.00 and gave the stock a “buy” rating in a report on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $393.85.

FedEx Trading Up 0.7%

Shares of NYSE:FDX opened at $358.44 on Friday. The firm has a market capitalization of $84.28 billion, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 1.70 and a beta of 1.29. FedEx has a 12-month low of $194.29 and a 12-month 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. The firm has a fifty day moving average of $351.21 and a two-hundred day moving average of $291.29.

FedEx (NYSE:FDX) last posted its earnings results 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 company had revenue of $24 billion during the quarter, compared to the consensus estimate of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 17.03%. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.51 earnings per share. On average, equities analysts expect that FedEx will post 19.14 EPS for the current fiscal year.

Institutional Trading of FedEx

A number of institutional investors have recently bought and sold shares of FDX. Grey Fox Wealth Advisors LLC acquired a new stake in FedEx during the third quarter worth about $27,000. EFG International AG bought a new stake in FedEx during the 4th quarter worth approximately $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in FedEx in the second quarter valued at $28,000. Wealth Watch Advisors INC bought a new position in FedEx during the 3rd quarter worth approximately $28,000. Finally, Ameriflex Group Inc. grew its position in shares of FedEx by 103.3% during the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after buying an additional 63 shares during the period. Institutional investors own 84.47% of the company’s stock.

Key Stories Impacting FedEx

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

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.