Wolfe Research Lowers FedEx (NYSE:FDX) Price Target to $423.00

FedEx (NYSE:FDX) had its target price cut by stock analysts at Wolfe Research from $427.00 to $423.00 in a note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the shipping service provider’s stock. Wolfe Research’s price objective indicates a potential upside of 13.38% from the stock’s current price.

Several other research firms also recently weighed in on FDX. Wall Street Zen upgraded shares of FedEx from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 4th. Barclays increased their price target on shares of FedEx from $360.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Susquehanna increased their price target on shares of FedEx from $410.00 to $455.00 and gave the stock a “positive” rating in a research report on Friday, March 20th. JPMorgan Chase & Co. increased their price target on shares of FedEx from $424.00 to $432.00 and gave the stock a “neutral” rating in a research report on Friday, March 20th. Finally, Rothschild & Co Redburn increased their price target on shares of FedEx from $317.00 to $371.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, FedEx presently has a consensus rating of “Moderate Buy” and an average price target of $396.88.

FedEx Trading Up 4.5%

Shares of FDX stock opened at $373.07 on Tuesday. FedEx has a 12-month low of $194.29 and a 12-month high of $392.86. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. The firm’s 50 day moving average is $363.59 and its 200 day moving average is $303.07. The stock has a market capitalization of $89.02 billion, a P/E ratio of 19.85, a P/E/G ratio of 1.59 and a beta of 1.28.

FedEx (NYSE:FDX) last issued its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The company had revenue of $24 billion for the quarter, compared to analysts’ expectations of $23.44 billion. During the same quarter last year, the company posted $4.51 earnings per share. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. Research analysts expect that FedEx will post 19.14 earnings per share for the current year.

Institutional Trading of FedEx

Institutional investors and hedge funds have recently modified their holdings of the company. Grey Fox Wealth Advisors LLC bought a new stake in shares of FedEx during the 3rd quarter valued at $27,000. EFG International AG bought a new stake in shares of FedEx during the 4th quarter valued at $27,000. Wealth Watch Advisors INC bought a new stake in shares of FedEx during the 3rd quarter valued at $28,000. Ameriflex Group Inc. raised 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 valued at $29,000 after purchasing an additional 63 shares during the period. Finally, Ulland Investment Advisors LLC bought a new stake in shares of FedEx during the 4th quarter valued at $29,000. 84.47% of the stock is currently owned by institutional investors.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx Freight laid out a clear spinoff blueprint at its inaugural investor day, targeting 10%–12% profit growth, 4%–6% revenue growth, and more than $1 billion of free cash flow as a standalone company ahead of the planned June 1 separation. Management emphasized margin expansion levers that could re-rate both the freight unit and the parent. Read More.
• Positive Sentiment: FedEx Freight provided concrete standalone financial goals (including a 12% operating margin target for 2026) and signaled a new NYSE ticker (FDXF), which reduces execution uncertainty around the split and supports investor confidence in the operational plan. Read More.
• Neutral Sentiment: Wolfe Research trimmed its price target slightly (from $427 to $423) but kept an “outperform” rating, indicating analyst conviction remains despite the small PT change. Read More.
• Neutral Sentiment: Argus Research and other analysts continue to express positive views on FDX’s long-term outlook, supporting the stock’s momentum but not removing near‑term execution or macro risks. Read More.
• Negative Sentiment: FedEx filed suit against a law firm alleging staged crashes and bogus injury claims tied to FedEx drivers — a legal and reputational issue that could lead to additional litigation costs and distractions for management. Read More.
• Negative Sentiment: A major Amazon–USPS delivery pact to handle over 1 billion packages annually raises competitive concerns for parcel volumes and pricing, particularly in e‑commerce flows that have historically benefited private carriers like FedEx. Investors may discount expectations for parcel growth if Amazon shifts more volume to the Postal Service. Read More.
• Negative Sentiment: Bearish commentary and “avoid” pieces highlight near‑term risks (fuel cost volatility, trade-policy shifts, and execution risk on the split), which could cap multiple expansion until Freight is separated and targets are proven. Read More.

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.