FedEx (NYSE:FDX) Releases FY 2026 Earnings Guidance

Key Points

• FedEx issued FY 2026 guidance above analyst expectations, forecasting EPS of $18.00–$18.60 versus the $17.85 consensus and revenue of $98.4 billion versus the $91.6 billion estimate.
• The company’s latest quarter exceeded forecasts, with EPS of $3.74 and revenue of $22.93 billion; revenue increased 12.3% year over year, supported by stronger shipping yields, package volumes and cost savings.
• Analyst sentiment is generally favorable, with FedEx carrying a “Moderate Buy” consensus rating and an average price target of $365.84; the company also maintains a $4.88 annualized dividend, yielding about 1.6%.

FedEx (NYSE:FDX - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 18.000-18.600 for the period, compared to the consensus earnings per share estimate of 17.850. The company issued revenue guidance of $98.4 billion, compared to the consensus revenue estimate of $91.6 billion.

Analyst Upgrades and Downgrades

FDX has been the subject of a number of research reports. Citizens Jmp began coverage on shares of FedEx in a report on Wednesday, July 15th. They issued a "market outperform" rating and a $375.00 price target for the company. Stephens upgraded shares of FedEx to a "strong-buy" rating in a report on Wednesday, July 8th. Truist Financial cut their price objective on shares of FedEx from $365.00 to $350.00 and set a "buy" rating on the stock in a research report on Wednesday, October 7th. Weiss Ratings downgraded FedEx from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday. Finally, Citigroup reaffirmed a "cautious" rating on shares of FedEx in a research report on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $365.84.

FedEx Stock Performance

NYSE FDX opened at $307.55 on Friday. The company has a market cap of $72.79 billion, a P/E ratio of 18.91, a PEG ratio of 1.23 and a beta of 1.28. The company has a fifty day simple moving average of $304.55 and a 200 day simple moving average of $337.13. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. FedEx has a 12-month low of $198.00 and a 12-month high of $345.36.

FedEx (NYSE:FDX - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share for the quarter, beating analysts' consensus estimates of $3.34 by $0.40. The firm had revenue of $22.93 billion for the quarter, compared to analyst estimates of $22.73 billion. FedEx had a net margin of 4.09% and a return on equity of 16.15%. The business's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the firm earned $3.83 earnings per share. Sell-side analysts predict that FedEx will post 18.27 earnings per share for the current fiscal year.

FedEx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were given a $1.22 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $4.88 annualized dividend and a yield of 1.6%. FedEx's dividend payout ratio (DPR) is presently 26.36%.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx reported adjusted earnings of $3.74 per share, exceeding the $3.34 analyst consensus, while revenue reached approximately $22.9 billion versus expectations of $22.73 billion. Higher shipping yields, stronger package volumes and network savings supported the results. FedEx beats expectations, raises outlook
• Positive Sentiment: Management raised its 2026 outlook, including roughly 12% revenue growth and adjusted EPS guidance of about $18.60, signaling confidence that pricing, volume growth and cost reductions can offset industry headwinds. FedEx forecasts annual profit above estimates
• Positive Sentiment: FedEx reportedly repurchased $2 billion of stock during the quarter, with additional authorization remaining. Buybacks could support per-share earnings and indicate management views the shares as attractive. FedEx revenue growth and buybacks
• Positive Sentiment: JPMorgan raised its price target to $400 while maintaining an Overweight rating, and HSBC upgraded FedEx to Buy with a $370 target. These actions reinforce the improving analyst view following the earnings report. JPMorgan FedEx rating

FedEx Company Profile

FedEx Corporation NYSE: FDX 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, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company's services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.

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