TD Cowen Raises FedEx (NYSE:FDX) Price Target to $426.00

FedEx (NYSE:FDX) had its target price lifted by stock analysts at TD Cowen from $383.00 to $426.00 in a report issued on Friday. The brokerage currently has a “buy” rating on the shipping service provider’s stock. TD Cowen’s target price suggests a potential upside of 19.95% from the company’s current price.

A number of other equities analysts have also recently weighed in on the company. Oppenheimer reiterated a “market perform” rating on shares of FedEx in a report on Friday, December 19th. Jefferies Financial Group boosted their price objective on shares of FedEx from $425.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Truist Financial upped their target price on shares of FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Stephens increased their target price on shares of FedEx from $330.00 to $405.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Finally, Royal Bank Of Canada downgraded shares of FedEx to a “sector perform” rating in a research note on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $373.74.

FedEx Stock Up 1.5%

Shares of NYSE FDX opened at $355.15 on Friday. FedEx has a 1 year low of $194.29 and a 1 year high of $392.86. The company has a market capitalization of $83.50 billion, a P/E ratio of 19.58, a P/E/G ratio of 1.66 and a beta of 1.29. The company has a 50 day simple moving average of $350.29 and a 200-day simple moving average of $289.94. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, topping the consensus estimate of $4.12 by $1.13. The company had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the business posted $4.51 earnings per share. On average, equities research analysts predict that FedEx will post 19.14 earnings per share for the current year.

Institutional Trading of FedEx

Institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of FedEx by 12.8% in the fourth quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after purchasing an additional 207 shares during the period. Empowered Funds LLC increased its stake in FedEx by 78.9% during the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after buying an additional 4,548 shares during the period. Sivia Capital Partners LLC acquired a new stake in FedEx during the 2nd quarter worth approximately $586,000. Wealthspire Advisors LLC lifted its holdings in FedEx by 3.3% during the 2nd quarter. Wealthspire Advisors LLC now owns 4,772 shares of the shipping service provider’s stock worth $1,085,000 after buying an additional 151 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its position in FedEx by 18.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 18,079 shares of the shipping service provider’s stock valued at $4,237,000 after buying an additional 2,806 shares during the period. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance lift — FedEx posted a double beat (revenue and EPS) and raised FY profit guidance to roughly $19.30–$20.10, a clear near‑term catalyst for the rally. FedEx shares surge as investors cheer resilient demand, higher profit forecast
• Positive Sentiment: Resilient demand and pricing — Management said global demand is holding and the company’s fuel surcharge is offsetting higher oil costs for now, supporting margin durability. FedEx sees global demand holding amid Iran war, raises profit outlook
• Positive Sentiment: Operational execution and strategic moves — Execs highlighted strong peak‑season profitability, cost discipline and that the planned freight spin‑off remains on track, which investors view as value‑enhancing. FedEx Tops Q3 Estimates, Freight Spin-Off Remains On Track
• Neutral Sentiment: Broader market context — Positive FedEx news is arriving amid mixed premarket futures and macro volatility (triple witching, Middle East developments), which can amplify intraday moves but isn’t FedEx‑specific. Stock Market Today: S&P 500, Dow Futures Down Ahead Of ‘Triple Witching’
• Negative Sentiment: Safety probe — The NTSB is investigating a close call between a FedEx and an Alaska Airlines jet at Newark; any operational safety concerns could weigh on sentiment if they lead to regulatory scrutiny or costs. NTSB investigating close call between FedEx, Alaska Airlines jets
• Negative Sentiment: Geopolitical and fuel‑cost risk ahead — Management’s outlook assumes no further major disruptions; sustained oil >\$100 or escalation in the Middle East could push costs higher and dent volume if customers pull back. FedEx is getting more upbeat about the year — despite surging fuel costs

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.