FedEx's (FDX) Neutral Rating Reiterated at JPMorgan Chase & Co.

Key Points

• JPMorgan reiterated a neutral rating on FedEx, while the broader analyst consensus is a "Moderate Buy" with an average price target near $397 (18 Buys, 10 Holds, 1 Sell).
• FedEx beat Q results with EPS of $5.25 vs. $4.12 expected and $24 billion in revenue (up 8.3% year‑over‑year), supporting analyst expectations of roughly $19.14 EPS for the fiscal year.
• Near‑term catalysts include a tentative pilot wage deal and upbeat FedEx Freight spinoff targets, but risks persist from network consolidation impacts and competitive pressure from a potential Amazon–USPS arrangement.

FedEx (NYSE:FDX - Get Free Report)'s stock had its "neutral" rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a report released on Thursday,MarketScreener reports.

Several other brokerages have also issued reports on FDX. Royal Bank Of Canada lowered FedEx to a "sector perform" rating in a report on Wednesday, December 17th. Raymond James Financial upped their target price on FedEx from $305.00 to $410.00 and gave the stock an "outperform" rating in a research report on Friday, February 13th. Rothschild & Co Redburn raised their price target on FedEx from $317.00 to $371.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 24th. Truist Financial boosted their price target on FedEx from $400.00 to $425.00 and gave the company a "buy" rating in a research note on Friday, March 20th. Finally, Susquehanna raised their price objective on shares of FedEx from $410.00 to $455.00 and gave the company a "positive" rating in a research report on Friday, March 20th. Eighteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $397.38.

FedEx Stock Performance

FDX stock opened at $374.72 on Thursday. The firm has a 50 day simple moving average of $363.59 and a 200 day simple moving average of $303.07. FedEx has a 52 week low of $199.85 and a 52 week high of $392.86. The stock has a market cap of $89.41 billion, a P/E ratio of 19.94, a P/E/G ratio of 1.59 and a beta of 1.28. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47.

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

Institutional Trading of FedEx

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of FedEx by 13.2% in the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider's stock valued at $5,527,870,000 after acquiring an additional 2,741,723 shares during the period. Dodge & Cox increased 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 raised its stake in FedEx by 4.2% during the 4th 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 during the last quarter. Franklin Resources Inc. raised its stake in FedEx by 6.6% during the 4th 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 during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in FedEx by 0.9% in the 4th 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. Institutional investors and hedge funds own 84.47% of the company's stock.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Tentative wage deal with pilots eases labor overhang — FedEx reached a preliminary agreement with the Air Line Pilots Association after years of talks, removing a major source of operational disruption and investor uncertainty (though wages may raise costs). FedEx reaches tentative wage deal with pilots after years of talks
• Positive Sentiment: FedEx Freight lays out strong standalone targets ahead of spinoff — management is targeting double-digit operating profit growth (10–12%), mid-single-digit revenue growth, and substantial free cash flow, which could unlock value once the unit lists as FDXF. FedEx Unveils Freight Spinoff Outlook With 10%--12% Profit Growth Target
• Positive Sentiment: Easing geopolitical risk supports global flows — reports that the U.S. and Iran agreed to a temporary ceasefire and the first vessels are moving through the Strait of Hormuz eased shipping concerns, a tailwind for freight/logistics names. Why FedEx (FDX) Stock Is Trading Up Today
• Neutral Sentiment: Analyst price-target tweak but rating intact — Wolfe Research trimmed its FedEx price target slightly while maintaining an outperform rating, a modest informational update rather than a directional change. Wolfe Research Adjusts FedEx Price Target
• Neutral Sentiment: FedEx sues law firm over alleged staged crash schemes — legal action aims to curb fraudulent injury suits that increase costs; in the near term it adds legal noise but could reduce future claims. FedEx sues law firm over alleged staged crashes
• Neutral Sentiment: Network 2.0 consolidation continues with local facility closures — FedEx will close 150+ sites (including Plattsburgh) as part of its network transformation; it's execution of a strategic plan that may improve efficiency long-term while creating near-term disruption. FedEx to close Plattsburgh facility in June
• Negative Sentiment: Amazon–USPS deal poses competitive risk for e‑commerce volume — a large Amazon partnership with USPS could divert parcel volume away from FedEx, pressuring long-term parcel growth. Amazon USPS Delivery Pact Poses New Questions For FedEx Investors

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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