HSBC Upgrades FedEx (NYSE:FDX) to Hold

FedEx (NYSE:FDX) was upgraded by research analysts at HSBC from a “reduce” rating to a “hold” rating in a report issued on Friday, Marketbeat.com reports. The brokerage presently has a $360.00 target price on the shipping service provider’s stock. HSBC’s price objective would indicate a potential upside of 0.43% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Barclays increased their price objective on shares of FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Rothschild & Co Redburn boosted their target price on shares of FedEx from $317.00 to $371.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Royal Bank Of Canada lowered FedEx to a “sector perform” rating in a report on Wednesday, December 17th. Morgan Stanley raised their price target on FedEx from $220.00 to $230.00 and gave the company an “underweight” rating in a research note on Friday. Finally, UBS Group lifted their price target on FedEx from $314.00 to $412.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $393.85.

FedEx Stock Performance

Shares of FDX opened at $358.44 on Friday. FedEx has a 1 year low of $194.29 and a 1 year high of $392.86. The stock has a market capitalization of $84.28 billion, a PE ratio of 19.08, a PEG ratio of 1.70 and a beta of 1.29. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27. The stock has a 50-day simple moving average of $351.21 and a 200-day simple moving average of $291.29.

FedEx (NYSE:FDX) last released its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 17.03%. The firm had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. During the same period in the prior year, the firm earned $4.51 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, analysts predict that FedEx will post 19.14 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FedEx

Several large investors have recently bought and sold shares of FDX. Brighton Jones LLC increased its position in shares of FedEx by 12.8% during the fourth quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after purchasing an additional 207 shares in the last quarter. Empowered Funds LLC boosted its position in shares of FedEx by 78.9% in the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock valued at $2,514,000 after purchasing an additional 4,548 shares during the period. Sivia Capital Partners LLC purchased a new position in FedEx during the 2nd quarter worth approximately $586,000. Wealthspire Advisors LLC grew its stake in FedEx by 3.3% during the 2nd quarter. Wealthspire Advisors LLC now owns 4,772 shares of the shipping service provider’s stock worth $1,085,000 after buying an additional 151 shares during the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in FedEx by 18.4% during the second quarter. TD Waterhouse Canada Inc. now owns 18,079 shares of the shipping service provider’s stock worth $4,237,000 after buying an additional 2,806 shares during the period. Institutional investors and hedge funds own 84.47% of the company’s stock.

Key Headlines 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

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.