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

FedEx (NYSE:FDX) had its price target upped by analysts at JPMorgan Chase & Co. from $424.00 to $432.00 in a report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the shipping service provider’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 20.36% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Sanford C. Bernstein restated an “outperform” rating and set a $457.00 price target on shares of FedEx in a report on Friday, March 6th. HSBC raised FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price objective for the company in a research report on Friday. Raymond James Financial boosted 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. Evercore raised their price target on FedEx from $364.00 to $380.00 in a research note on Tuesday, February 24th. Finally, Argus boosted their price target on FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. 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 two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $387.44.

FedEx Stock Up 0.8%

Shares of NYSE FDX traded up $2.80 during mid-day trading on Friday, reaching $358.91. The company had a trading volume of 4,266,544 shares, compared to its average volume of 1,971,294. The stock has a fifty day moving average of $350.29 and a two-hundred day moving average of $289.94. 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 company has a market capitalization of $84.39 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 1.66 and a beta of 1.29. FedEx has a 12-month low of $194.29 and a 12-month high of $392.86.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating analysts’ consensus estimates of $4.12 by $1.13. The firm had revenue of $24 billion for the quarter, compared to the consensus estimate of $23.44 billion. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The firm’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm posted $4.51 earnings per share. As a group, equities research analysts expect that FedEx will post 19.14 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in FedEx by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after purchasing an additional 207 shares during the period. Empowered Funds LLC increased its position in FedEx by 78.9% in the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after buying an additional 4,548 shares during the period. Sivia Capital Partners LLC bought a new position in FedEx in the 2nd quarter worth approximately $586,000. Wealthspire Advisors LLC lifted its holdings in shares of FedEx by 3.3% during the second 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. lifted its holdings in shares of 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 last quarter. Institutional investors own 84.47% of the company’s stock.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance lift — FedEx reported adjusted EPS of $5.25 on $24.0B revenue (above consensus) and raised FY26 profit guidance, citing stronger Express demand and Network 2.0 improvements. This is the primary catalyst for the rally. Business Wire: FedEx Reports Strong Third Quarter Results
• Positive Sentiment: Broad analyst support — Multiple firms raised price targets and pushed buy/overweight ratings after the quarter (examples: UBS $446, Wells Fargo $450, Stephens $435, Bank of America $440, TD Cowen $426). The collective upgrades amplify bullish sentiment and give sizable upside to many investors. Benzinga: Analysts Increase Forecasts After Q3
• Neutral Sentiment: Mixed market context — broader U.S. indexes are soft amid macro and geopolitical worries, which could cap gains for cyclical names like FedEx even as the company posts outperformance. Zacks: Spring Equinox Market Note
• Negative Sentiment: Fuel and geopolitical risk — management noted guidance assumes no additional disruptions; a prolonged Iran war and higher oil could raise costs and pressure margins despite existing fuel surcharges. This is a key downside risk to the outlook. Yahoo Finance: FedEx Sees Global Demand Holding Amid Iran War
• Negative Sentiment: Safety/operational headline — the NTSB opened an investigation into a close call between a FedEx jet and an Alaska Airlines flight at Newark; operational or reputational issues can be monitored by investors but so far look limited. Reuters: NTSB Investigating Close Call
• Negative Sentiment: Mixed analyst views remain — a few firms kept cautious stances or lower targets (e.g., Morgan Stanley remains underweight despite a PT bump; HSBC moved to hold with a ~$360 PT), so not all Street voices are uniformly bullish. Benzinga: Analyst Notes

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.