FedEx (NYSE:FDX) Stock Price Expected to Rise, Truist Financial Analyst Says

FedEx (NYSE:FDX) had its price target upped by analysts at Truist Financial from $400.00 to $425.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the shipping service provider’s stock. Truist Financial’s target price indicates a potential upside of 17.20% from the company’s previous close.

Several other equities analysts have also recently commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $479.00 price objective on shares of FedEx in a report on Friday, February 13th. BNP Paribas Exane set a $280.00 target price on FedEx and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Susquehanna cut their target price on FedEx from $345.00 to $340.00 in a research report on Tuesday, December 23rd. Finally, Royal Bank Of Canada lowered FedEx to a “sector perform” rating in a research note on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, FedEx presently has an average rating of “Moderate Buy” and an average price target of $382.52.

FedEx Stock Performance

NYSE FDX traded up $6.51 on Friday, hitting $362.62. The stock had a trading volume of 3,274,048 shares, compared to its average volume of 1,953,205. The company’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 stock has a market cap of $85.26 billion, a price-to-earnings ratio of 19.86, a P/E/G ratio of 1.66 and a beta of 1.29. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last announced its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The firm had revenue of $24 billion for the quarter, compared to the consensus estimate of $23.44 billion. During the same quarter in the previous year, the business earned $4.51 EPS. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. On average, analysts expect that FedEx will post 19.14 earnings per share for the current year.

Institutional Inflows and Outflows

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

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 results beat and guidance raised — FedEx posted $5.25 adj. EPS and $24B revenue, topped estimates and raised FY26 profit guidance, the core reason investors are buying the stock. FedEx Reports Strong Third Quarter Results
• Positive Sentiment: Analysts revising forecasts upward — Multiple firms raised price targets and kept buy/overweight views after the results, supporting further upside momentum. These Analysts Increase Their Forecasts On FedEx Following Upbeat Q3 Results
• Positive Sentiment: Broker upgrades and higher targets from major firms — Recent raises from Stephens, Wells Fargo, BofA and TD Cowen (all with larger upside to current levels) helped lift sentiment and premarket/early trading. Benzinga: broker moves
• Neutral Sentiment: MarketBeat analysis: fundamentals and spin‑off strategy supportive — MarketBeat highlights Network 2.0 execution, freight spin‑off plans and institutional accumulation as positive structural factors, but notes valuation and macro risks. FedEx (FDX) MarketBeat coverage
• Neutral Sentiment: Valuation debate surfaces — Some commentary (Seeking Alpha) flags a strong quarter but warns the stock may be richly valued after the rally; watch multiples vs. peers. FedEx: A Strong Q3, But A Rich Valuation
• Negative Sentiment: Geopolitical and fuel‑cost risk — Management said demand is holding but warned the Iran war and surging fuel prices could hurt late‑year results; fuel surcharge helps but higher oil remains a margin headwind. FedEx sees global demand holding amid Iran war, raises profit outlook
• Negative Sentiment: Operational/PR hiccup — The NTSB opened an investigation into a near miss between a FedEx plane and an Alaska Airlines jet; any aviation safety issues can draw regulatory scrutiny. NTSB investigating close call between FedEx, Alaska Airlines jets
• Negative Sentiment: Mix of analyst views — A few shops (e.g., Morgan Stanley) still carry cautious/underweight stances despite tweaking targets, and Zacks moved FDX from strong‑buy to hold — keep an eye on divergent analyst calls. Zacks: rating change

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.