FedEx Corporation (NYSE:FDX) Stock Has Consensus Price Target of $353.84

Shares of FedEx Corporation (NYSE:FDX) have earned a consensus rating of “Moderate Buy” from the twenty-nine research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation, eighteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $365.84.

Several research analysts have recently issued reports on FDX shares. JPMorgan Chase & Co. upped their price target on shares of FedEx from $399.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday. Truist Financial reduced their price objective on FedEx from $365.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. Sanford C. Bernstein set a $377.00 target price on FedEx in a report on Monday. HSBC upgraded FedEx from a “hold” rating to a “buy” rating and set a $370.00 target price for the company in a research report on Thursday. Finally, Bank of America cut their price target on FedEx from $378.00 to $359.00 and set a “buy” rating on the stock in a research note on Tuesday.

FedEx Stock Up 1.0%

Shares of NYSE FDX opened at $307.55 on Tuesday. The company has a market cap of $72.79 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 1.23 and a beta of 1.28. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. FedEx has a 12 month low of $198.00 and a 12 month high of $345.36. The stock has a 50-day moving average price of $304.55 and a two-hundred day moving average price of $337.13.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.40. The company had revenue of $22.93 billion for the quarter, compared to the consensus estimate of $22.73 billion. FedEx had a net margin of 4.09% and a return on equity of 16.15%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the company posted $3.83 EPS. As a group, analysts forecast that FedEx will post 18.27 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, September 14th. FedEx’s dividend payout ratio (DPR) is 26.36%.

Institutional Investors Weigh In On FedEx

Hedge funds have recently added to or reduced their stakes in the business. Hollencrest Capital Management bought a new position in shares of FedEx during the first quarter valued at $25,000. Bayban bought a new stake in shares of FedEx in the first quarter worth $26,000. Solstein Capital LLC bought a new stake in shares of FedEx in the second quarter worth $27,000. Cedar Mountain Advisors LLC increased its holdings in FedEx by 77.4% in the first quarter. Cedar Mountain Advisors LLC now owns 94 shares of the shipping service provider’s stock valued at $33,000 after purchasing an additional 41 shares during the period. Finally, C M Bidwell & Associates Ltd. acquired a new stake in FedEx in the second quarter valued at $31,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Results exceeded expectations: FedEx reported adjusted earnings of $3.74 per share versus the $3.34 consensus and revenue of approximately $22.9 billion, up about 12% year over year and ahead of estimates. Higher package yields, volume growth and cost savings supported profitability. FedEx beats expectations, raises outlook in first report since calendar adjustment
• Positive Sentiment: 2026 guidance increased: Management raised its full-year outlook, including a roughly 12% revenue-growth expectation and adjusted EPS guidance of about $18.60. Premium shipping demand, network optimization and cost reductions are helping offset higher fuel and transportation expenses. FedEx forecasts annual profit above estimates
• Positive Sentiment: Shareholder returns and growth opportunities: FedEx repurchased approximately $2 billion of stock during the quarter, with additional buyback capacity remaining. The company is also attracting parcel-focused customers to its air-freight services, including shipments tied to AI and data-center infrastructure. FedEx drawing parcel-focused shippers to its air freight services
• Positive Sentiment: Analyst support strengthened: HSBC upgraded FDX to Buy with a $370 price target, while JPMorgan maintained an Overweight rating and lifted its target to $400, signaling substantial potential upside in analysts’ view. HSBC upgrades FedEx to Buy
• Neutral Sentiment: Investors are comparing FedEx’s strong performance with United Parcel Service’s results, with both shipping companies beating quarterly estimates and raising outlooks. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
• Negative Sentiment: Margin and earnings-quality risks remain: Rising transportation costs, domestic margin pressure and a softer holiday-quarter outlook could limit near-term upside. GAAP net income also fell sharply, partly because of a loss tied to FedEx Freight, even though adjusted earnings improved. FedEx’s soft holiday-quarter outlook

About FedEx

FedEx Corporation (NYSE: FDX) is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.