FedEx (FDX) Stock Forecast & Price Target

$264.42

+5.59 (+2.16%)

(As of 12/1/2023 ET)

Today's Range: $258.53
▼
$265.30
50-Day Range: $227.93
▼
$266.40
52-Week Range: $162.61
▼
$270.95

Volume: 1.99 million shs
Average Volume: 1.93 million shs
Market Capitalization: $66.48 billion

P/E Ratio: 16.12
Dividend Yield: 1.91%
Price Target: $282.54

FedEx Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 23 Analyst Ratings

Analysts' Consensus Price Target

$282.54
6.85% Upside

High Forecast	$330.00
Average Forecast	$282.54
Low Forecast	$205.00

Type	Current Forecast 12/1/22 to 12/1/23	1 Month Ago 11/1/22 to 11/1/23	3 Months Ago 9/2/22 to 9/2/23	1 Year Ago 12/1/21 to 12/1/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	16 Buy rating(s)	15 Buy rating(s)	11 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	9 Hold rating(s)	11 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$282.54	$282.54	$247.57	$203.04
Predicted Upside	6.85% Upside	14.55% Upside	17.79% Upside	16.09% Upside

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FDX Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FDX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

FedEx Stock vs. The Competition

Type	FedEx	Transportation Companies	S&P 500
Consensus Rating Score	2.70	2.51	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	6.85% Upside	3,499.03% Upside	2,867.39% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
10/5/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$284.00 ➝ $285.00	+9.59%
10/2/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Positive	$225.00 ➝ $315.00	+18.90%
9/29/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$330.00	+23.90%
9/22/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$255.00 ➝ $295.00	+12.38%
9/22/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$280.00 ➝ $290.00	+10.79%
9/22/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$255.00 ➝ $275.00	+5.06%
Get the Latest News and Ratings for FDX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for FedEx and its competitors with MarketBeat's FREE daily newsletter.
9/21/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$290.00	+11.18%
9/21/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$270.00 ➝ $279.00	+11.36%
9/21/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$245.00 ➝ $265.00	+5.77%
9/21/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$200.00 ➝ $205.00	-18.18%
9/21/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$312.00 ➝ $323.00	+28.92%
9/21/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$309.00 ➝ $330.00	+31.72%
9/21/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$270.00 ➝ $280.00	+11.76%
9/21/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$295.00 ➝ $300.00	+19.74%
9/18/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$275.00 ➝ $276.00	+8.63%
9/15/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$280.00 ➝ $300.00	+16.72%
9/14/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$300.00	+16.50%
9/13/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$269.00 ➝ $278.00	+10.25%
6/26/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$240.00 ➝ $260.00	+11.95%
6/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$273.00 ➝ $265.00	+17.34%
6/21/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$261.00 ➝ $284.00	+22.52%
6/21/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$228.00 ➝ $251.00	+8.29%
6/6/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$265.00	+19.87%
3/27/2023	Melius Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$240.00	+10.29%

(Data available from 12/1/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

FDX Price Target - Frequently Asked Questions

What is FedEx's consensus rating and price target?: According to the issued ratings of 23 analysts in the last year, the consensus rating for FedEx stock is Moderate Buy based on the current 7 hold ratings and 16 buy ratings for FDX. The average twelve-month price prediction for FedEx is $282.54 with a high price target of $330.00 and a low price target of $205.00. Learn more on FDX's analyst rating history.
Do Wall Street analysts like FedEx more than its competitors?: Analysts like FedEx more than other Transportation companies. The consensus rating score for FedEx is 2.70 while the average consensus rating score for transportation companies is 2.51. Learn more on how FDX compares to other companies.
Is FedEx being upgraded by Wall Street analysts?: Over the previous 90 days, FedEx's stock had 1 upgrade by analysts.

Does FedEx's stock price have much upside?: According to analysts, FedEx's stock has a predicted upside of 14.55% based on their 12-month stock forecasts.
What analysts cover FedEx?: FedEx has been rated by Bank of America, Barclays, BMO Capital Markets, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, HSBC, Jefferies Financial Group, Loop Capital, Morgan Stanley, Raymond James, Robert W. Baird, Stephens, Stifel Nicolaus, Susquehanna, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:FDX) was last updated on 12/1/2023 by MarketBeat.com Staff

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