FedEx (NYSE:FDX) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

FedEx (NYSE:FDX) had its price objective increased by analysts at Wells Fargo & Company from $430.00 to $450.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the shipping service provider’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 23.72% from the stock’s previous close.

A number of other brokerages have also recently commented on FDX. Wolfe Research increased their target price on FedEx from $355.00 to $394.00 and gave the company an “outperform” rating in a report on Tuesday, February 10th. Royal Bank Of Canada downgraded FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $457.00 price objective on shares of FedEx in a research note on Friday, March 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. Finally, The Goldman Sachs Group raised their price target on shares of FedEx from $364.00 to $369.00 and gave the stock a “buy” rating in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $376.33.

FedEx Price Performance

FDX traded up $7.61 during midday trading on Friday, reaching $363.72. 2,339,451 shares of the company’s stock were exchanged, compared to its average volume of 1,934,869. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The stock has a market capitalization of $85.52 billion, a PE ratio of 20.06, a P/E/G ratio of 1.66 and a beta of 1.29. The business’s 50-day moving average price is $350.29 and its 200 day moving average price is $289.94. FedEx has a 1-year low of $194.29 and a 1-year high of $392.86.

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

Institutional Investors Weigh In On FedEx

Several hedge funds have recently modified their holdings of FDX. Nalls Sherbakoff Group LLC acquired a new position in shares of FedEx in the 4th quarter valued at $43,000. Larry Mathis Financial Planning LLC acquired a new stake in shares of FedEx during the 4th quarter worth $359,000. Green Ridge Wealth Planning LLC acquired a new stake in shares of FedEx during the 4th quarter worth $224,000. Corient Private Wealth LLC raised its position in shares of FedEx by 14.8% in the 4th quarter. Corient Private Wealth LLC now owns 109,246 shares of the shipping service provider’s stock worth $31,561,000 after buying an additional 14,086 shares during the period. Finally, Union Savings Bank purchased a new position in shares of FedEx in the 4th quarter worth $122,000. 84.47% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx reported $5.25 EPS on $24B revenue, topping consensus and raised FY26 profit outlook; investors cheered resilient demand and a stronger-than-expected holiday peak. FedEx shares surge as investors cheer resilient demand, higher profit forecast
• Positive Sentiment: Analyst upgrades and higher price targets — TD Cowen raised its price target to $426 and upgraded to Buy; other firms (e.g., JPMorgan) also raised targets recently, supporting upside expectations.
• Positive Sentiment: Strategic execution — Management reaffirmed key actions (including the freight spin‑off plan) and emphasized cost controls and yield improvement, which support margin outlook. FedEx Tops Q3 Estimates, Freight Spin-Off Remains On Track
• Neutral Sentiment: Demand and geopolitical risks — CEO said global demand has held through early March despite the Iran war; fuel surcharges are cushioning cost increases but guidance assumes no further major disruptions. This is reassuring but leaves exposure if the conflict worsens. FedEx sees global demand holding amid Iran war, raises profit outlook
• Neutral Sentiment: Network adjustments — FedEx is closing nine New York parcel centers as it optimizes capacity; this may lower costs long term but could cause near‑term disruption and execution risk. FedEx to shutter 9 New York parcel centers
• Negative Sentiment: Analyst downgrade — Zacks moved FDX from “strong‑buy” to “hold,” flagging valuation and near‑term risks despite the beat; some analysts warn the stock’s run-up makes valuation more stretched. Zacks.com
• Negative Sentiment: Safety/regulatory risk — The NTSB is investigating a close call between FedEx and an Alaska Airlines jet at Newark; while not a financial issue now, it introduces operational/regulatory scrutiny. NTSB investigating close call between FedEx, Alaska Airlines jets

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.