FedEx (NYSE:FDX) Releases FY 2026 Earnings Guidance

FedEx (NYSE:FDX) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 18.000-18.600 for the period, compared to the consensus estimate of 17.850. The company issued revenue guidance of $98.4 billion, compared to the consensus revenue estimate of $91.6 billion.

FedEx Price Performance

Shares of NYSE:FDX opened at $313.45 on Friday. The company has a 50 day moving average of $304.30 and a 200 day moving average of $337.14. The company has a current ratio of 1.33, a quick ratio of 1.44 and a debt-to-equity ratio of 0.50. The stock has a market cap of $73.41 billion, a P/E ratio of 19.28, a P/E/G ratio of 1.26 and a beta of 1.28. FedEx has a 12 month low of $198.00 and a 12 month high of $345.36.

FedEx (NYSE:FDX) last posted its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.34 by $0.40. FedEx had a net margin of 4.09% and a return on equity of 15.53%. The business had revenue of $22.93 billion for the quarter, compared to analysts’ expectations of $22.73 billion. During the same period in the prior year, the company posted $3.83 EPS. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. As a group, sell-side analysts forecast that FedEx will post 18.28 EPS for the current fiscal year.

FedEx Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, September 14th. FedEx’s dividend payout ratio (DPR) is 30.01%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on FDX shares. Citizens Jmp began coverage on FedEx in a research note on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price objective for the company. Evercore boosted their target price on FedEx from $350.00 to $351.00 in a research report on Monday, September 28th. Truist Financial decreased their target price on FedEx from $365.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. HSBC raised FedEx from a “hold” rating to a “buy” rating and set a $370.00 price target on the stock in a report on Thursday. Finally, Raymond James Financial reiterated an “outperform” rating on shares of FedEx in a research report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and an average target price of $365.84.

Insider Buying and Selling at FedEx

In other news, EVP Tracy Brightman sold 26,611 shares of the firm’s stock in a transaction on Friday, October 30th. The shares were sold at an average price of $316.68, for a total transaction of $8,427,171.48. Following the sale, the executive vice president owned 12,245 shares in the company, valued at approximately $3,877,746.60. This trade represents a 68.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.65% of the company’s stock.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx raised its fiscal 2026 guidance to adjusted EPS of $18.00–$18.60, above the $17.85 consensus estimate, and forecast revenue of approximately $98.4 billion versus expectations of $91.6 billion. FedEx raises 2026 earnings outlook as quarterly revenue jumps
• Positive Sentiment: Fiscal third-quarter adjusted EPS of $3.74 exceeded the $3.34 analyst consensus, while revenue reached about $22.9 billion, helped by higher package yields, volume growth and cost savings. Management also authorized roughly $2 billion in share repurchases during the quarter. FedEx Q3 earnings top estimates
• Positive Sentiment: Analyst sentiment improved: JPMorgan raised its price target to $400 while maintaining an overweight rating, and HSBC upgraded FedEx to Buy with a $370 target. Investors are also watching increased air-freight demand from data-center and other high-value customers. JPMorgan FedEx rating
• Neutral Sentiment: FedEx Freight reported improving adjusted revenue, operating income and margins in its first standalone results, and raised its outlook. However, continued soft shipment volumes mean future gains depend heavily on maintaining pricing discipline. FedEx Freight pricing outlook
• Negative Sentiment: Investors remain concerned about weaker GAAP operating margins, rising fuel and transportation costs, and a $1.2 billion loss tied to FedEx’s Freight investment. The holiday-quarter outlook was viewed as relatively soft, while domestic margin pressure and uncertain volumes could limit upside.
• Negative Sentiment: Executive Vice President Tracy Brightman sold 26,611 FedEx shares for approximately $8.4 million, reducing her holdings by about 68%. Insider sales do not necessarily indicate a change in fundamentals, but the transaction may temper sentiment at the margin. SEC insider transaction filing

About FedEx

FedEx Corporation (NYSE: FDX) is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.