Evercore Increases FedEx (NYSE:FDX) Price Target to $380.00

FedEx (NYSE:FDX) had its price objective upped by stock analysts at Evercore from $364.00 to $380.00 in a research report issued on Tuesday,MarketScreener reports. Evercore’s price target indicates a potential downside of 1.72% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reissued a “neutral” rating on shares of FedEx in a research report on Tuesday, January 20th. Wells Fargo & Company boosted their price target on FedEx from $380.00 to $430.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Susquehanna reduced their price objective on FedEx from $345.00 to $340.00 in a report on Tuesday, December 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $479.00 target price on shares of FedEx in a research report on Friday, February 13th. Finally, Wolfe Research increased their price target on FedEx from $355.00 to $394.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $362.30.

FedEx Trading Up 0.8%

FDX opened at $386.67 on Tuesday. FedEx has a one year low of $194.29 and a one year high of $391.65. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27. The stock has a market cap of $90.91 billion, a price-to-earnings ratio of 21.20, a P/E/G ratio of 1.85 and a beta of 1.33. The stock’s 50 day moving average price is $323.60 and its 200-day moving average price is $273.26.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company had revenue of $23.47 billion for the quarter, compared to the consensus estimate of $22.79 billion. During the same quarter in the prior year, the company posted $4.05 EPS. FedEx’s quarterly revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, equities analysts forecast that FedEx will post 19.14 EPS for the current year.

Hedge Funds Weigh In On FedEx

A number of large investors have recently added to or reduced their stakes in the company. OneAscent Financial Services LLC grew its position in shares of FedEx by 1.7% in the 4th quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock worth $491,000 after buying an additional 29 shares during the last quarter. Arete Wealth Advisors LLC boosted its stake in FedEx by 1.7% in the fourth quarter. Arete Wealth Advisors LLC now owns 1,778 shares of the shipping service provider’s stock valued at $514,000 after acquiring an additional 30 shares in the last quarter. LRI Investments LLC grew its holdings in FedEx by 5.2% in the fourth quarter. LRI Investments LLC now owns 632 shares of the shipping service provider’s stock worth $183,000 after purchasing an additional 31 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of FedEx by 11.9% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 292 shares of the shipping service provider’s stock worth $84,000 after purchasing an additional 31 shares in the last quarter. Finally, Legacy Bridge LLC increased its position in shares of FedEx by 33.0% during the fourth quarter. Legacy Bridge LLC now owns 133 shares of the shipping service provider’s stock worth $38,000 after purchasing an additional 33 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx has sued the U.S. government in the U.S. Court of International Trade seeking a full refund of tariffs it paid as importer of record — a successful claim could produce a one-time cash recovery and set a precedent for other claims. Read More.
• Positive Sentiment: Analyst/investor rotation into non-tech stocks has put FDX on some buy lists, providing support to the name independent of the tariff story. Read More.
• Neutral Sentiment: The FedEx suit may be the opening move in a larger wave of corporate refund claims after the Supreme Court decision — the overall market and policy implications are still unfolding. Read More.
• Negative Sentiment: Market reaction has been mixed: shares recently snapped a multi-session winning streak and are trading lower as investors price in legal uncertainty, unknown refund size and the chance litigation drags on. Read More.
• Negative Sentiment: Risks remain that refunded duties may not materially boost FedEx EPS (timing, legal costs, and whether refunds are retained by FedEx or passed through to customers), leaving the outcome uncertain for near-term stock performance. Read More.

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.