Susquehanna Issues Positive Forecast for FedEx (NYSE:FDX) Stock Price

Key Points

• Susquehanna raised its price target on FedEx from $410 to $455 and kept a "positive" rating, implying roughly a 26% upside from the prior close.
• FedEx beat Q3 estimates (adjusted EPS $5.25 on $24B revenue), raised FY26 profit guidance, and prompted broad analyst target increases—MarketBeat shows a "Moderate Buy" consensus with a $387.15 target while the stock traded around $361.
• Downside risks include higher fuel costs and geopolitical disruption (management assumes none) and an NTSB probe into a close jet incident; a few analysts remain cautious, so bullish sentiment is not unanimous.

FedEx (NYSE:FDX - Get Free Report) had its price target raised by Susquehanna from $410.00 to $455.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a "positive" rating on the shipping service provider's stock. Susquehanna's target price would indicate a potential upside of 26.00% from the company's previous close.

Several other research firms have also issued reports on FDX. Argus boosted their price target on shares of FedEx from $250.00 to $350.00 and gave the company a "buy" rating in a research report on Wednesday, January 21st. Wells Fargo & Company lifted their price objective on shares of FedEx from $430.00 to $450.00 and gave the company an "overweight" rating in a research note on Friday. Truist Financial boosted their target price on shares of FedEx from $400.00 to $425.00 and gave the company a "buy" rating in a report on Friday. Rothschild & Co Redburn increased their target price on FedEx from $317.00 to $371.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 24th. Finally, Morgan Stanley lifted their price target on FedEx from $220.00 to $230.00 and gave the company an "underweight" rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $387.15.

FedEx Stock Performance

Shares of FDX stock traded up $5.01 on Friday, hitting $361.12. 4,071,533 shares of the stock were exchanged, compared to its average volume of 1,968,452. The firm's 50 day moving average is $350.29 and its two-hundred day moving average is $289.94. FedEx has a one year low of $194.29 and a one year high of $392.86. The firm has a market capitalization of $84.91 billion, a PE ratio of 19.78, a P/E/G ratio of 1.66 and a beta of 1.29. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $24 billion for the quarter, compared to analysts' expectations of $23.44 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The firm's quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business posted $4.51 EPS. Sell-side analysts expect that FedEx will post 19.14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On FedEx

A number of institutional investors and hedge funds have recently made changes to their positions in FDX. Nalls Sherbakoff Group LLC purchased a new stake in shares of FedEx during the 4th quarter valued at $43,000. Larry Mathis Financial Planning LLC bought a new position in FedEx in the fourth quarter valued at $359,000. Green Ridge Wealth Planning LLC bought a new position in FedEx in the fourth quarter valued at $224,000. Corient Private Wealth LLC raised its position in FedEx by 14.8% during the fourth quarter. Corient Private Wealth LLC now owns 109,246 shares of the shipping service provider's stock valued at $31,561,000 after purchasing an additional 14,086 shares in the last quarter. Finally, Union Savings Bank bought a new stake in FedEx during the fourth quarter worth about $122,000. Hedge funds and other institutional investors 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 lift — FedEx reported adjusted EPS of $5.25 on $24.0B revenue (above consensus) and raised FY26 profit guidance, citing stronger Express demand and Network 2.0 improvements. This is the primary catalyst for the rally. Business Wire: FedEx Reports Strong Third Quarter Results
• Positive Sentiment: Broad analyst support — Multiple firms raised price targets and pushed buy/overweight ratings after the quarter (examples: UBS $446, Wells Fargo $450, Stephens $435, Bank of America $440, TD Cowen $426). The collective upgrades amplify bullish sentiment and give sizable upside to many investors. Benzinga: Analysts Increase Forecasts After Q3
• Neutral Sentiment: Mixed market context — broader U.S. indexes are soft amid macro and geopolitical worries, which could cap gains for cyclical names like FedEx even as the company posts outperformance. Zacks: Spring Equinox Market Note
• Negative Sentiment: Fuel and geopolitical risk — management noted guidance assumes no additional disruptions; a prolonged Iran war and higher oil could raise costs and pressure margins despite existing fuel surcharges. This is a key downside risk to the outlook. Yahoo Finance: FedEx Sees Global Demand Holding Amid Iran War
• Negative Sentiment: Safety/operational headline — the NTSB opened an investigation into a close call between a FedEx jet and an Alaska Airlines flight at Newark; operational or reputational issues can be monitored by investors but so far look limited. Reuters: NTSB Investigating Close Call
• Negative Sentiment: Mixed analyst views remain — a few firms kept cautious stances or lower targets (e.g., Morgan Stanley remains underweight despite a PT bump; HSBC moved to hold with a ~$360 PT), so not all Street voices are uniformly bullish. Benzinga: Analyst Notes

About FedEx

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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