FedEx Freight (NYSE:FDXF) Shares Down 7.1% – Should You Sell?

FedEx Freight Hldg Co (NYSE:FDXF)’s share price traded down 7.1% during mid-day trading on Friday . The stock traded as low as $144.27 and last traded at $147.3360. Approximately 1,293,445 shares were traded during trading, a decline of 45% from the average daily volume of 2,361,940 shares. The stock had previously closed at $158.53.

Key FedEx Freight News

Here are the key news stories impacting FedEx Freight this week:

• Positive Sentiment: FedEx Freight said it expects revenue to grow 4% to 6% from June 1 through Dec. 31, signaling confidence in demand and the underlying strength of the business after the spinoff. FedEx Freight Guides for Growth After Spinoff from FedEx
• Positive Sentiment: Analysts highlighted the company’s independent setup and long-term opportunities, including expansion into higher-growth areas such as data centers and healthcare, which could support future revenue diversification. FedEx Freight Targets Gains in Data Centers, Health After Spin Off
• Positive Sentiment: Truckload market tightness is helping improve backhaul opportunities and revenue, a favorable operating trend for the freight business. Truckload Tightness Boosts FedEx Freight Backhauls, Revenue
• Positive Sentiment: BMO Capital Markets raised its price target on FedEx Freight to $150 from $140, suggesting improved expectations even though it kept a “market perform” rating. Benzinga report on BMO price target raise
• Neutral Sentiment: The company reported its fourth-quarter and full-year 2026 results, with the market still assessing the quality of earnings and how the standalone business will perform going forward. FedEx Freight Reports Fourth Quarter and Full Fiscal Year 2026 Financial Results
• Negative Sentiment: News that FedEx Freight is trading at a premium relative to BMO’s new target may have added pressure, and some investors remain cautious after concerns about margins tied to the freight spin-off. FedEx falls on lower margins, concerns over Freight spinoff

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Wolfe Research assumed coverage on shares of FedEx Freight in a report on Thursday, June 4th. They issued an “outperform” rating and a $180.00 price target for the company. BMO Capital Markets increased their price objective on shares of FedEx Freight from $140.00 to $150.00 and gave the company a “market perform” rating in a research note on Friday. Truist Financial initiated coverage on shares of FedEx Freight in a report on Tuesday, June 2nd. They set a “hold” rating on the stock. Zacks Research raised shares of FedEx Freight to a “hold” rating in a research note on Tuesday, June 2nd. Finally, Raymond James Financial started coverage on FedEx Freight in a report on Wednesday, June 3rd. They set an “outperform” rating and a $180.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $174.71.

FedEx Freight Stock Down 3.5%

FedEx Freight (NYSE:FDXF) last released its quarterly earnings results on Thursday, June 25th. The company reported $999.00 earnings per share for the quarter.

About FedEx Freight

FedEx Freight is the less-than-truckload (LTL) freight transportation arm of FedEx, providing time-definite, regional, and interregional shipping services for commercial customers in North America. The company specializes in moving palletized freight that is too large for parcel shipment but does not require a full truckload, and it offers services designed to help businesses manage supply chain and distribution needs.

As part of the FedEx family of companies, FedEx Freight operates an extensive network of service centers and transportation routes across the United States, Canada, and Mexico.