FedEx (NYSE:FDX) Given New $425.00 Price Target at Truist Financial

FedEx (NYSE:FDX) had its price objective upped by research analysts at Truist Financial from $400.00 to $425.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the shipping service provider’s stock. Truist Financial’s target price indicates a potential upside of 17.20% from the company’s previous close.

FDX has been the topic of several other reports. Stephens lifted their price objective on FedEx from $405.00 to $435.00 and gave the stock an “overweight” rating in a report on Friday. Susquehanna decreased their price target on shares of FedEx from $345.00 to $340.00 in a research report on Tuesday, December 23rd. Oppenheimer restated a “market perform” rating on shares of FedEx in a research note on Friday, December 19th. HSBC upgraded shares of FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price objective on the stock in a research note on Friday. Finally, Argus raised their price objective on shares of FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $382.52.

FedEx Stock Up 1.8%

FedEx stock traded up $6.51 during midday trading on Friday, hitting $362.62. 3,274,048 shares of the stock were exchanged, compared to its average volume of 1,953,205. FedEx has a 1 year low of $194.29 and a 1 year high of $392.86. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The firm has a market cap of $85.26 billion, a P/E ratio of 19.86, a P/E/G ratio of 1.66 and a beta of 1.29. The company has a 50 day moving average price of $350.29 and a two-hundred day moving average price of $289.94.

FedEx (NYSE:FDX) last announced its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company had revenue of $24 billion during the quarter, compared to the consensus estimate of $23.44 billion. During the same period last year, the firm earned $4.51 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. On average, sell-side analysts predict that FedEx will post 19.14 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FedEx

A number of large investors have recently bought and sold shares of FDX. Vanguard Group Inc. grew its holdings in shares of FedEx by 13.2% during the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock valued at $5,527,870,000 after purchasing an additional 2,741,723 shares during the last quarter. Dodge & Cox lifted its holdings in shares of FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after purchasing an additional 1,742,666 shares during the last quarter. State Street Corp boosted its position in FedEx by 4.2% during the 4th quarter. State Street Corp now owns 9,521,691 shares of the shipping service provider’s stock valued at $2,763,824,000 after purchasing an additional 382,848 shares during the period. Franklin Resources Inc. boosted its position in FedEx by 6.6% during the 4th quarter. Franklin Resources Inc. now owns 5,133,231 shares of the shipping service provider’s stock valued at $1,482,785,000 after purchasing an additional 318,293 shares during the period. Finally, Geode Capital Management LLC grew its stake in FedEx by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 4,985,778 shares of the shipping service provider’s stock worth $1,443,666,000 after buying an additional 45,818 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 results beat and guidance raised — FedEx posted $5.25 adj. EPS and $24B revenue, topped estimates and raised FY26 profit guidance, the core reason investors are buying the stock. FedEx Reports Strong Third Quarter Results
• Positive Sentiment: Analysts revising forecasts upward — Multiple firms raised price targets and kept buy/overweight views after the results, supporting further upside momentum. These Analysts Increase Their Forecasts On FedEx Following Upbeat Q3 Results
• Positive Sentiment: Broker upgrades and higher targets from major firms — Recent raises from Stephens, Wells Fargo, BofA and TD Cowen (all with larger upside to current levels) helped lift sentiment and premarket/early trading. Benzinga: broker moves
• Neutral Sentiment: MarketBeat analysis: fundamentals and spin‑off strategy supportive — MarketBeat highlights Network 2.0 execution, freight spin‑off plans and institutional accumulation as positive structural factors, but notes valuation and macro risks. FedEx (FDX) MarketBeat coverage
• Neutral Sentiment: Valuation debate surfaces — Some commentary (Seeking Alpha) flags a strong quarter but warns the stock may be richly valued after the rally; watch multiples vs. peers. FedEx: A Strong Q3, But A Rich Valuation
• Negative Sentiment: Geopolitical and fuel‑cost risk — Management said demand is holding but warned the Iran war and surging fuel prices could hurt late‑year results; fuel surcharge helps but higher oil remains a margin headwind. FedEx sees global demand holding amid Iran war, raises profit outlook
• Negative Sentiment: Operational/PR hiccup — The NTSB opened an investigation into a near miss between a FedEx plane and an Alaska Airlines jet; any aviation safety issues can draw regulatory scrutiny. NTSB investigating close call between FedEx, Alaska Airlines jets
• Negative Sentiment: Mix of analyst views — A few shops (e.g., Morgan Stanley) still carry cautious/underweight stances despite tweaking targets, and Zacks moved FDX from strong‑buy to hold — keep an eye on divergent analyst calls. Zacks: rating change

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.