FedEx (NYSE:FDX) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded FedEx from a "strong‑buy" to a "buy," reducing one source of bullish conviction on the stock.
• Analyst coverage remains broadly favorable — 18 Buys, 10 Holds and 1 Sell — with a consensus rating of "Moderate Buy" and an average price target of $398.04.
• FedEx recently beat quarterly EPS and revenue estimates, raised FY‑2026 guidance, and announced positive catalysts (FedEx Freight spinoff plans and a tentative pilot wage deal) that support the outlook.

FedEx (NYSE:FDX - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued to clients and investors on Sunday.

A number of other research analysts also recently weighed in on the stock. UBS Group increased their price objective on shares of FedEx from $412.00 to $446.00 and gave the company a "buy" rating in a research report on Friday, March 20th. Barclays increased their price target on shares of FedEx from $360.00 to $450.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 10th. Weiss Ratings reiterated a "buy (b-)" rating on shares of FedEx in a research report on Monday, December 29th. Wells Fargo & Company increased their price target on shares of FedEx from $430.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, March 20th. Finally, Wolfe Research decreased their price target on shares of FedEx from $427.00 to $423.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 7th. Eighteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, FedEx has a consensus rating of "Moderate Buy" and an average price target of $398.04.

FedEx Stock Down 0.8%

Shares of FedEx stock opened at $373.98 on Friday. The company has a market cap of $89.23 billion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 1.64 and a beta of 1.28. The company's 50 day moving average is $365.77 and its 200 day moving average is $305.08. FedEx has a twelve month low of $199.85 and a twelve month high of $392.86. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77.

FedEx (NYSE:FDX - Get Free Report) last issued its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, beating analysts' consensus estimates of $4.12 by $1.13. The company had revenue of $24 billion for the quarter, compared to the consensus estimate of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The firm's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.51 earnings per share. Research analysts anticipate that FedEx will post 19.14 EPS for the current year.

Hedge Funds Weigh In On FedEx

Several institutional investors have recently bought and sold shares of FDX. Norges Bank purchased a new position in FedEx during the fourth quarter valued at $859,085,000. Vanguard Group Inc. raised its position in FedEx by 13.2% in the 3rd 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 during the period. Boston Partners purchased a new stake in FedEx in the 3rd quarter valued at about $468,195,000. Dodge & Cox boosted its position in FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider's stock valued at $3,826,055,000 after buying an additional 1,742,666 shares during the period. Finally, AQR Capital Management LLC boosted its position in FedEx by 169.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider's stock valued at $638,203,000 after buying an additional 1,718,278 shares during the period. 84.47% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Company raised FY‑2026 guidance — FedEx updated FY‑2026 EPS guidance to a range above consensus and lifted revenue guidance, supporting expectations for stronger profitability this year.
• Positive Sentiment: Spinoff clarity for FedEx Freight should sharpen valuation and investor focus: management laid out targets, leadership and timing (targeting around June 1) for the FedEx Freight separation, which could unlock value and make the core parcel/cargo business easier to value. FedEx Freight Spinoff Sharpens Valuation And Segment Focus
• Positive Sentiment: Tentative pilot wage deal reduces a major operational overhang — FedEx reached a preliminary agreement with its pilots union after prolonged talks, lowering the risk of strikes and near-term disruption. FedEx reaches tentative wage deal with pilots after years of talks
• Positive Sentiment: FedEx Freight growth targets support the standalone story — Investor materials show FedEx Freight aiming for mid‑teens profit growth, which improves the case for the spin and potential valuation upside for shareholders. FedEx Freight Aims for 12% Profit Growth
• Positive Sentiment: Analysts continue to favor the stock overall — a coverage roundup shows an average “Moderate Buy” analyst rating, indicating general analyst support for the shares. FedEx Given Average Rating of "Moderate Buy" by Analysts
• Neutral Sentiment: Momentum and index exposure notes — pieces highlighting FedEx as a momentum stock and its tracking of e‑commerce logistics in an S&P fund are informative for flows but are not immediate catalysts. Here's Why FedEx is a Strong Momentum Stock FedEx Tracks E-Commerce Logistics Growth In S&P 500 Fund
• Neutral Sentiment: JPMorgan reaffirmed a neutral rating — keeps balance between risk and reward in one major analyst view. FedEx JPMorgan Sticks Neutral
• Neutral Sentiment: Local facility closure (Plattsburgh) is part of Network 2.0 — signals continued network optimization that may reduce long‑term costs but creates short‑term disruption. FedEx to close Plattsburgh facility in June
• Negative Sentiment: Wolfe Research trimmed its price target — a cut to $423 signals some analyst caution on upside and may weigh on sentiment despite most targets remaining above the current price. Wolfe Research Cuts FedEx Price Target to $423.00

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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