FedEx (NYSE:FDX) Price Target Raised to $435.00 at Stephens

Key Points

• Stephens raised its price target on FedEx to $435 (from $405) and kept an "overweight" rating, implying about a 19.6% upside from the current share price.
• FedEx beat Q3 expectations—reporting $5.25 EPS on $24 billion in revenue versus consensus of $4.12 and $23.44 billion—prompting multiple analyst target increases and a consensus rating of "Moderate Buy" with an average target of $376.33.
• Risks remain: the NTSB is investigating a near‑miss with an Alaska Airlines jet and FedEx is closing nine New York parcel centers, while some analysts (e.g., Zacks) warn the stock's recent run may have stretched valuation.

FedEx (NYSE:FDX - Get Free Report) had its price objective hoisted by research analysts at Stephens from $405.00 to $435.00 in a research note issued on Friday,Benzinga reports. The firm presently has an "overweight" rating on the shipping service provider's stock. Stephens' price objective points to a potential upside of 19.60% from the company's current price.

Several other brokerages also recently weighed in on FDX. The Goldman Sachs Group increased their target price on FedEx from $364.00 to $369.00 and gave the company a "buy" rating in a research note on Friday, March 13th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of FedEx in a research report on Monday, December 29th. Wolfe Research upped their price target on FedEx from $355.00 to $394.00 and gave the stock an "outperform" rating in a report on Tuesday, February 10th. Evercore increased their price objective on FedEx from $364.00 to $380.00 in a research report on Tuesday, February 24th. Finally, BNP Paribas Exane set a $280.00 price objective on shares of FedEx and gave the stock a "neutral" rating in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $376.33.

FedEx Stock Performance

FDX traded up $7.61 during trading on Friday, hitting $363.72. The stock had a trading volume of 2,339,451 shares, compared to its average volume of 1,934,869. The firm has a market cap of $85.52 billion, a PE ratio of 20.06, a P/E/G ratio of 1.66 and a beta of 1.29. FedEx has a 12 month low of $194.29 and a 12 month high of $392.86. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72. The company has a 50 day simple moving average of $350.29 and a 200-day simple moving average of $289.94.

FedEx (NYSE:FDX - Get Free Report) last released its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.12 by $1.13. The company had revenue of $24 billion during the quarter, compared to analysts' expectations of $23.44 billion. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The business's quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company earned $4.51 earnings per share. Analysts expect that FedEx will post 19.14 EPS for the current year.

Institutional Trading of FedEx

Institutional investors have recently modified their holdings of the company. EFG International AG acquired a new position in shares of FedEx in the fourth quarter valued at $27,000. Ulland Investment Advisors LLC acquired a new stake in FedEx during the fourth quarter worth $29,000. Tucker Asset Management LLC acquired a new stake in FedEx during the fourth quarter worth $29,000. Wilkerson Advisory Group LLC bought a new stake in FedEx in the 4th quarter valued at $29,000. Finally, ORG Partners LLC raised its stake in shares of FedEx by 50.0% in the 4th quarter. ORG Partners LLC now owns 105 shares of the shipping service provider's stock valued at $30,000 after buying an additional 35 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company's stock.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx reported $5.25 EPS on $24B revenue, topping consensus and raised FY26 profit outlook; investors cheered resilient demand and a stronger-than-expected holiday peak. FedEx shares surge as investors cheer resilient demand, higher profit forecast
• Positive Sentiment: Analyst upgrades and higher price targets — TD Cowen raised its price target to $426 and upgraded to Buy; other firms (e.g., JPMorgan) also raised targets recently, supporting upside expectations.
• Positive Sentiment: Strategic execution — Management reaffirmed key actions (including the freight spin‑off plan) and emphasized cost controls and yield improvement, which support margin outlook. FedEx Tops Q3 Estimates, Freight Spin-Off Remains On Track
• Neutral Sentiment: Demand and geopolitical risks — CEO said global demand has held through early March despite the Iran war; fuel surcharges are cushioning cost increases but guidance assumes no further major disruptions. This is reassuring but leaves exposure if the conflict worsens. FedEx sees global demand holding amid Iran war, raises profit outlook
• Neutral Sentiment: Network adjustments — FedEx is closing nine New York parcel centers as it optimizes capacity; this may lower costs long term but could cause near‑term disruption and execution risk. FedEx to shutter 9 New York parcel centers
• Negative Sentiment: Analyst downgrade — Zacks moved FDX from "strong‑buy" to "hold," flagging valuation and near‑term risks despite the beat; some analysts warn the stock's run-up makes valuation more stretched. Zacks.com
• Negative Sentiment: Safety/regulatory risk — The NTSB is investigating a close call between FedEx and an Alaska Airlines jet at Newark; while not a financial issue now, it introduces operational/regulatory scrutiny. NTSB investigating close call between FedEx, Alaska Airlines jets

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.

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