FedEx (NYSE:FDX) Price Target Raised to $400.00

FedEx (NYSE:FDX) had its price target raised by JPMorgan Chase & Co. from $399.00 to $400.00 in a research note released on Thursday,Benzinga reports. They currently have an overweight rating on the shipping service provider’s stock.

Several other brokerages have also recently commented on FDX. Stephens upgraded FedEx to a “strong-buy” rating in a report on Wednesday, July 8th. BNP Paribas Exane raised their price target on shares of FedEx from $269.80 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, September 30th. Sanford C. Bernstein set a $377.00 target price on shares of FedEx in a report on Monday, October 26th. Bank of America cut their target price on FedEx from $378.00 to $359.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Citizens Jmp assumed coverage on shares of FedEx in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and a consensus price target of $365.84.

FedEx Trading Up 1.8%

FDX opened at $313.45 on Thursday. The firm has a market capitalization of $73.41 billion, a price-to-earnings ratio of 19.28, a PEG ratio of 1.26 and a beta of 1.28. The company’s 50 day moving average price is $304.30 and its two-hundred day moving average price is $337.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.44. FedEx has a fifty-two week low of $198.00 and a fifty-two week high of $345.36.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.40. The company had revenue of $22.93 billion for the quarter, compared to analysts’ expectations of $22.73 billion. FedEx had a net margin of 4.09% and a return on equity of 15.53%. FedEx’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.83 earnings per share. As a group, research analysts predict that FedEx will post 18.28 earnings per share for the current year.

FedEx Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Monday, September 14th were paid a $1.22 dividend. The ex-dividend date was Monday, September 14th. This represents a $4.88 annualized dividend and a dividend yield of 1.6%. FedEx’s payout ratio is presently 30.01%.

Insiders Place Their Bets

In other news, EVP Tracy Brightman sold 26,611 shares of FedEx stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $316.68, for a total value of $8,427,171.48. Following the completion of the transaction, the executive vice president owned 12,245 shares in the company, valued at $3,877,746.60. This trade represents a 68.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.65% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On FedEx

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of FedEx in the 2nd quarter valued at about $6,508,103,000. Primecap Management Co. CA purchased a new stake in FedEx during the 2nd quarter worth approximately $2,554,138,000. Bank of America Corp DE purchased a new stake in FedEx during the 2nd quarter worth approximately $579,171,000. Bank of New York Mellon Corp acquired a new position in FedEx during the 2nd quarter valued at approximately $466,943,000. Finally, Legal & General Group Plc acquired a new position in shares of FedEx in the 2nd quarter valued at $448,121,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx raised its fiscal 2026 guidance to adjusted EPS of $18.00–$18.60, above the $17.85 consensus estimate, and forecast revenue of approximately $98.4 billion versus expectations of $91.6 billion. FedEx raises 2026 earnings outlook as quarterly revenue jumps
• Positive Sentiment: Fiscal third-quarter adjusted EPS of $3.74 exceeded the $3.34 analyst consensus, while revenue reached about $22.9 billion, helped by higher package yields, volume growth and cost savings. Management also authorized roughly $2 billion in share repurchases during the quarter. FedEx Q3 earnings top estimates
• Positive Sentiment: Analyst sentiment improved: JPMorgan raised its price target to $400 while maintaining an overweight rating, and HSBC upgraded FedEx to Buy with a $370 target. Investors are also watching increased air-freight demand from data-center and other high-value customers. JPMorgan FedEx rating
• Neutral Sentiment: FedEx Freight reported improving adjusted revenue, operating income and margins in its first standalone results, and raised its outlook. However, continued soft shipment volumes mean future gains depend heavily on maintaining pricing discipline. FedEx Freight pricing outlook
• Negative Sentiment: Investors remain concerned about weaker GAAP operating margins, rising fuel and transportation costs, and a $1.2 billion loss tied to FedEx’s Freight investment. The holiday-quarter outlook was viewed as relatively soft, while domestic margin pressure and uncertain volumes could limit upside.
• Negative Sentiment: Executive Vice President Tracy Brightman sold 26,611 FedEx shares for approximately $8.4 million, reducing her holdings by about 68%. Insider sales do not necessarily indicate a change in fundamentals, but the transaction may temper sentiment at the margin. SEC insider transaction filing

FedEx Company Profile

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.