JPMorgan Chase & Co. Has Lowered Expectations for FedEx (NYSE:FDX) Stock Price

FedEx (NYSE:FDX) had its price target dropped by equities research analysts at JPMorgan Chase & Co. from $400.00 to $399.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has an “overweight” rating on the shipping service provider’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 38.14% from the company’s current price.

Several other brokerages have also commented on FDX. BMO Capital Markets reaffirmed a “market perform” rating on shares of FedEx in a report on Wednesday, June 24th. Bank of America reissued a “buy” rating and issued a $140.00 target price on shares of FedEx in a report on Tuesday, September 29th. Jefferies Financial Group assumed coverage on FedEx in a research report on Tuesday, June 23rd. They issued a “buy” rating and a $200.00 target price on the stock. Weiss Ratings downgraded FedEx from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, September 2nd. Finally, BNP Paribas Exane upped their price target on shares of FedEx from $269.80 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, FedEx currently has an average rating of “Moderate Buy” and an average target price of $354.68.

FedEx Trading Down 0.1%

Shares of FDX stock opened at $288.84 on Monday. FedEx has a 12-month low of $179.69 and a 12-month high of $345.36. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. The firm’s 50 day moving average is $312.61 and its 200 day moving average is $337.54. The stock has a market capitalization of $68.36 billion, a P/E ratio of 15.60, a P/E/G ratio of 1.54 and a beta of 1.28.

FedEx (NYSE:FDX) last posted its earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 EPS for the quarter. The business had revenue of $23.26 billion during the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. Research analysts expect that FedEx will post 17.53 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in FedEx in the 2nd quarter worth approximately $6,508,103,000. Primecap Management Co. CA purchased a new position in FedEx during the second quarter valued at approximately $2,554,138,000. Franklin Resources Inc. boosted its position in shares of FedEx by 6.6% in the fourth quarter. Franklin Resources Inc. now owns 5,133,231 shares of the shipping service provider’s stock worth $1,482,785,000 after purchasing an additional 318,293 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of FedEx by 2.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,630,669 shares of the shipping service provider’s stock worth $936,688,000 after purchasing an additional 52,963 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of FedEx by 6.3% in the first quarter. Bank of New York Mellon Corp now owns 2,134,672 shares of the shipping service provider’s stock worth $760,328,000 after purchasing an additional 125,950 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Stripe partnership expands FedEx’s small-business ecosystem. FedEx Dataworks and Stripe will use shipping data to improve access to financing for small and midsize businesses, while adding more than 50 payment methods to FedEx checkout. The initiative could strengthen customer retention, increase shipping activity and create additional data-driven financial-services opportunities. FedEx, Stripe Partner on Small-Business Financing, Payment Options
• Positive Sentiment: Fleet electrification could reduce fuel expenses. FedEx’s planned $300 million investment in electric trucks is expected by manufacturer Harbinger to save approximately $40 million annually in fuel costs. The potential benefit is more meaningful as diesel prices remain substantially above year-ago levels, although the savings depend on vehicle deployment and operating performance. FedEx’s $300M Electric Truck Bet Comes as Diesel Costs Soar
• Positive Sentiment: JPMorgan maintained an Overweight rating. The firm made only a modest adjustment to its FedEx price target, lowering it to $399 from $400. The target remains materially above the reference price, signaling that JPMorgan continues to see substantial upside potential. JPMorgan Adjusts Price Target on FedEx to $399 From $400, Maintains Overweight Rating
• Neutral Sentiment: Corporate responsibility news provides limited direct earnings impact. FedEx highlighted employee engagement and volunteer initiatives in its 2025 FedEx Cares report. The update may support the company’s reputation and employee culture but is unlikely to materially affect near-term valuation. 2025 FedEx Cares Report: Employee Engagement

FedEx Company Profile

FedEx Corporation 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, and logistics services for businesses, government organizations and consumers.

The company’s services include domestic and international parcel delivery, less-than-truckload freight transportation, supply chain management, customs and trade assistance, warehousing, fulfillment and other logistics solutions.