Research Analysts’ Recent Ratings Changes for FedEx (FDX)

Several analysts have recently updated their ratings and price targets for FedEx (NYSE: FDX):

• 7/15/2026 – FedEx is now covered by Citigroup Inc.. They set an “outperform” rating on the stock.
• 7/15/2026 – FedEx is now covered by Citizens Jmp. They set a “market outperform” rating and a $375.00 price target on the stock.
• 7/8/2026 – FedEx was upgraded by Stephens to “strong-buy”.
• 6/26/2026 – FedEx was given a new $165.00 price target by Evercore Inc.
• 6/26/2026 – FedEx had its “buy” rating reaffirmed by JPMorgan Chase & Co..
• 6/25/2026 – FedEx had its price target lowered by Truist Financial Corporation from $425.00 to $365.00. They now have a “buy” rating on the stock.
• 6/24/2026 – FedEx had its “market perform” rating reaffirmed by BMO Capital Markets.
• 6/24/2026 – FedEx was given a new $397.00 price target by Sanford C. Bernstein.
• 6/24/2026 – FedEx had its price target lowered by UBS Group AG from $445.00 to $350.00. They now have a “buy” rating on the stock.
• 6/24/2026 – FedEx had its price target raised by Citigroup Inc. from $356.73 to $359.00. They now have a “buy” rating on the stock.
• 6/24/2026 – FedEx had its price target lowered by TD Cowen from $426.00 to $354.00.
• 6/24/2026 – FedEx had its price target lowered by Stifel Nicolaus from $442.00 to $326.00. They now have a “buy” rating on the stock.
• 6/24/2026 – FedEx had its price target lowered by Raymond James Financial, Inc. from $415.00 to $330.00. They now have an “outperform” rating on the stock.
• 6/24/2026 – FedEx had its price target raised by Bank of America Corporation from $376.00 to $378.00. They now have a “buy” rating on the stock.
• 6/23/2026 – FedEx is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $200.00 price target on the stock.
• 6/22/2026 – FedEx was given a new $442.00 price target by Stifel Nicolaus.
• 6/22/2026 – FedEx had its “buy” rating reaffirmed by Sanford C. Bernstein.
• 6/18/2026 – FedEx was given a new $424.00 price target by Sanford C. Bernstein.
• 6/18/2026 – FedEx had its price target lowered by Evercore Inc from $390.00 to $355.00.
• 6/17/2026 – FedEx had its price target lowered by Barclays PLC from $450.00 to $425.00. They now have an “overweight” rating on the stock.
• 6/17/2026 – FedEx had its price target lowered by Wells Fargo & Company from $450.00 to $425.00. They now have an “overweight” rating on the stock.
• 6/12/2026 – FedEx had its price target lowered by Barclays PLC from $450.00 to $425.00. They now have an “overweight” rating on the stock.
• 6/6/2026 – FedEx was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 6/3/2026 – FedEx was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 6/3/2026 – FedEx is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $180.00 price target on the stock.
• 6/2/2026 – FedEx was given a new $155.00 price target by Truist Financial Corporation.
• 6/2/2026 – FedEx had its price target lowered by Bank of America Corporation from $440.00 to $376.00. They now have a “buy” rating on the stock.
• 6/2/2026 – FedEx had its price target lowered by Rothschild & Co Redburn from $375.00 to $344.00. They now have a “neutral” rating on the stock.
• 6/2/2026 – FedEx had its price target lowered by BNP Paribas Exane from $335.00 to $269.76. They now have a “neutral” rating on the stock.
• 6/1/2026 – FedEx had its price target lowered by HSBC Holdings plc from $360.00 to $289.89. They now have a “hold” rating on the stock.
• 6/1/2026 – FedEx had its price target lowered by The Goldman Sachs Group, Inc. from $405.00 to $375.00. They now have a “buy” rating on the stock.
• 6/1/2026 – FedEx had its price target lowered by BMO Capital Markets from $410.00 to $340.00. They now have a “market perform” rating on the stock.
• 5/27/2026 – FedEx is now covered by UBS Group AG. They set a “buy” rating and a $445.00 price target on the stock.
• 5/27/2026 – FedEx is now covered by Seaport Research Partners. They set a “buy” rating on the stock.
• 5/27/2026 – FedEx was downgraded by Evercore Inc from “outperform” to “cautious”.
• 5/27/2026 – FedEx was downgraded by Deutsche Bank Aktiengesellschaft from “buy” to “hold”.
• 5/27/2026 – FedEx was upgraded by Wells Fargo & Company from “overweight” to “overweight”.
• 5/27/2026 – FedEx was upgraded by Barclays PLC from “overweight” to “overweight”.
• 5/27/2026 – FedEx was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”. They now have a $460.00 price target on the stock, up from $432.00.
• 5/22/2026 – FedEx had its price target lowered by UBS Group AG from $446.00 to $445.00. They now have a “buy” rating on the stock.
• 5/22/2026 – FedEx had its “buy” rating reaffirmed by Barclays PLC.
• 5/21/2026 – FedEx is now covered by Citigroup Inc.. They set a “buy” rating and a $443.00 price target on the stock.

FedEx Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 22nd were paid a $1.22 dividend. The ex-dividend date was Monday, June 22nd. This represents a $4.88 annualized dividend and a yield of 1.6%. FedEx’s dividend payout ratio (DPR) is currently 26.36%.

Insider Buying and Selling

In other news, Director Paul S. Walsh sold 5,042 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $324.56, for a total value of $1,636,431.52. Following the completion of the transaction, the director directly owned 16,359 shares in the company, valued at approximately $5,309,477.04. This trade represents a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.53% of the stock is currently owned by corporate insiders.

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.