Evercore ISI Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock

FedEx (NYSE:FDX) had its target price raised by stock analysts at Evercore ISI from $288.00 to $364.00 in a research report issued on Friday,MarketScreener reports. Evercore ISI’s price objective points to a potential downside of 0.58% from the company’s previous close.

Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada downgraded shares of FedEx to a “sector perform” rating in a research note on Wednesday, December 17th. TD Cowen raised their price objective on shares of FedEx from $313.00 to $383.00 and gave the company a “buy” rating in a research report on Friday. Wolfe Research lifted their price objective on shares of FedEx from $355.00 to $394.00 and gave the stock an “outperform” rating in a report on Tuesday. Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. Finally, Argus raised their price target on FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $340.46.

FedEx Price Performance

NYSE:FDX opened at $366.11 on Friday. FedEx has a 52-week low of $194.29 and a 52-week high of $380.86. The stock has a fifty day moving average of $309.54 and a 200 day moving average of $265.09. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27. The firm has a market capitalization of $86.08 billion, a price-to-earnings ratio of 20.14, a P/E/G ratio of 1.79 and a beta of 1.34.

FedEx (NYSE:FDX) last announced its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. The business had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, research analysts expect that FedEx will post 19.14 EPS for the current fiscal year.

Institutional Investors Weigh In On FedEx

Hedge funds and other institutional investors have recently modified their holdings of the stock. OneAscent Financial Services LLC increased its stake in FedEx by 1.7% in the 4th quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock worth $491,000 after purchasing an additional 29 shares during the period. LRI Investments LLC grew its holdings in shares of FedEx by 5.2% in the fourth quarter. LRI Investments LLC now owns 632 shares of the shipping service provider’s stock worth $183,000 after purchasing an additional 31 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in shares of FedEx by 11.9% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 292 shares of the shipping service provider’s stock worth $84,000 after buying an additional 31 shares during the period. Legacy Bridge LLC raised its holdings in FedEx by 33.0% during the 4th quarter. Legacy Bridge LLC now owns 133 shares of the shipping service provider’s stock valued at $38,000 after buying an additional 33 shares during the last quarter. Finally, True Wealth Design LLC boosted its position in FedEx by 8.2% during the 4th quarter. True Wealth Design LLC now owns 462 shares of the shipping service provider’s stock valued at $133,000 after buying an additional 35 shares during the period. Institutional investors own 84.47% of the company’s stock.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Multiple analyst price‑target increases lift sentiment — TD Cowen raised its target to $383 and reiterated a buy view (raise reported today), BMO raised its target to $400 (market perform). BMO price-target raise
• Positive Sentiment: Bank of America and Wolfe Research also raised targets (BoA to $414, Wolfe to $394) and reiterated bullish ratings, supporting further upside expectations. Bank of America price-target raise
• Positive Sentiment: Board declared a quarterly cash dividend of $1.45/share payable April 1 — a shareholder‑friendly move that supports total return expectations. FedEx Corp. Board Declares Quarterly Dividend
• Positive Sentiment: Management highlighted strategic targets at Investor Day — focus on higher‑margin B2B segments, network transformation, AI/digital investments and a revenue target (~$98B by 2029) that underpins multi‑year profit growth expectations. FedEx Focuses on B2B Clients to Hit Revenue Goals
• Neutral Sentiment: FedEx executives say planned investment in InPost and parcel automation should lower European costs and improve performance — supportive for margins but execution and regulatory timelines matter. FedEx execs say InPost deal will boost European performance
• Neutral Sentiment: Media coverage highlights automation and AI investments (warehouse automation, CEO comments on AI) — positive for long‑run efficiency but raises near‑term capital and labor‑transition questions. How packaging and logistics companies are automating their warehouses
• Negative Sentiment: Some analysts/commentary flagged weak near‑term catalysts despite the strong run — Seeking Alpha ran a piece downgrading the investor‑day as a weak catalyst, which could temper momentum if execution slips. FedEx Investor Day: Strong Run, Weak Catalyst (Rating Downgrade)
• Negative Sentiment: Some commentary questions current valuation after recent gains and raises the bar for continued positive surprises — watch guidance execution and margin progression. Is FedEx (FDX) Fairly Priced After Strong Share Gains And Cash Flow Outlook?

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.