FedEx (NYSE:FDX) Price Target Raised to $424.00

FedEx (NYSE:FDX) had its price objective lifted by JPMorgan Chase & Co. from $294.00 to $424.00 in a research note released on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the shipping service provider’s stock.

A number of other analysts have also recently commented on the stock. BNP Paribas Exane set a $280.00 target price on shares of FedEx and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $457.00 price target on shares of FedEx in a report on Friday, March 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $479.00 price objective on shares of FedEx in a research note on Friday, February 13th. Rothschild & Co Redburn upped their target price on FedEx from $317.00 to $371.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. Finally, UBS Group raised their target price on FedEx from $314.00 to $412.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, FedEx currently has an average rating of “Moderate Buy” and an average target price of $371.00.

FedEx Stock Down 2.4%

Shares of FDX stock opened at $352.77 on Tuesday. The stock’s fifty day moving average price is $345.31 and its 200 day moving average price is $285.74. FedEx has a 1-year low of $194.29 and a 1-year high of $392.86. The company has a market cap of $82.94 billion, a price-to-earnings ratio of 19.45, a price-to-earnings-growth ratio of 1.71 and a beta of 1.29. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same period last year, the business posted $4.05 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, research analysts expect that FedEx will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be paid a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s dividend payout ratio (DPR) is presently 31.97%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in FedEx by 13.2% during the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after purchasing an additional 2,741,723 shares in the last quarter. Dodge & Cox raised its position in FedEx by 12.0% during the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after acquiring an additional 1,742,666 shares during the period. State Street Corp lifted its holdings in FedEx by 4.2% during the fourth 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 in the last quarter. Franklin Resources Inc. lifted its holdings in FedEx by 6.6% during the fourth 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 in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of FedEx by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 4,985,778 shares of the shipping service provider’s stock valued at $1,443,666,000 after purchasing an additional 45,818 shares during the period. 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: Analysts expect FedEx to beat the upcoming quarterly estimates — the setup (revenue mix and margin levers) points to an earnings beat, which supports upside potential. FedEx (FDX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
• Positive Sentiment: JPMorgan published a bullish forecast for FedEx, calling for strong price appreciation — a favorable broker note can attract buyers and support multiple expansion. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock
• Positive Sentiment: FedEx has briefly overtaken UPS in market value after a weak week for UPS — a symbolic milestone that can boost investor sentiment and relative‑sector flows. UPS Falls 11% — And FedEx Just Stole Its Crown
• Neutral Sentiment: FedEx presented materials at its analyst/investor day — useful for long‑term thesis but unlikely to move the stock materially unless new targets or cost actions were announced. FedEx Corporation (FDX) Analyst/Investor Day – Slideshow
• Neutral Sentiment: FedEx is rolling out reusable packaging options for closed‑loop B2B shipping — a positive sustainability/efficiency initiative but with gradual, incremental financial impact. FedEx offers reusable packaging for closed-loop shipping
• Neutral Sentiment: Company is scheduled to report earnings this week — timing of results and forward guidance will be the immediate catalyst for larger moves. FedEx (FDX) Projected to Post Earnings on Thursday
• Neutral Sentiment: Sector coverage and market roundups mention FedEx among transport names — keeps the name in analyst flow but is background noise unless new data appears. Auto & Transport Roundup: Market Talk
• Neutral Sentiment: Industry recognition items (e.g., Women In Trucking finalists) are positive for sector reputation but not a direct stock driver. Women In Trucking Association Announces 2026 Driver of the Year Finalists
• Negative Sentiment: Valuation debate: analysis asks whether FedEx is too richly priced after a ~52% one‑year rally and notes recent short‑term pullbacks — that raises profit‑taking and rotation risk if results or guidance disappoint. Is It Too Late To Consider FedEx (FDX) After A 52% One Year Rally?
• Negative Sentiment: Macroeconomic policy risk — reports that the U.S. is considering higher global tariffs (proposal to raise to 15%) add downside risk to international volumes and costs for shippers. Trump tariffs live updates: US explores new tariffs in investigation targeting trading partners

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.