Brokers Offer Predictions for FedEx’s Q2 Earnings (NYSE:FDX)

FedEx Corporation (NYSE:FDX) – Equities research analysts at Zacks Research lifted their Q2 2026 EPS estimates for FedEx in a research report issued to clients and investors on Thursday, November 6th. Zacks Research analyst Team now expects that the shipping service provider will earn $3.95 per share for the quarter, up from their previous estimate of $3.89. The consensus estimate for FedEx’s current full-year earnings is $19.14 per share. Zacks Research also issued estimates for FedEx’s Q4 2026 earnings at $6.19 EPS, FY2026 earnings at $17.66 EPS, Q2 2027 earnings at $3.90 EPS, Q3 2027 earnings at $5.17 EPS, Q4 2027 earnings at $5.25 EPS, FY2027 earnings at $18.62 EPS and FY2028 earnings at $17.98 EPS.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share for the quarter, beating analysts’ consensus estimates of $3.71 by $0.12. The company had revenue of $22.20 billion for the quarter, compared to analyst estimates of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.60 EPS. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS.

Several other brokerages also recently issued reports on FDX. UBS Group upped their price target on shares of FedEx from $293.00 to $314.00 and gave the company a “buy” rating in a report on Friday, September 19th. Susquehanna upped their price objective on shares of FedEx from $285.00 to $300.00 and gave the company a “positive” rating in a research note on Friday, September 19th. Raymond James Financial reaffirmed an “outperform” rating and issued a $255.00 target price on shares of FedEx in a research report on Thursday, September 18th. Bank of America raised their price target on shares of FedEx from $240.00 to $244.00 and gave the company a “neutral” rating in a report on Friday, September 19th. Finally, Jefferies Financial Group upped their target price on FedEx from $275.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $271.83.

FedEx Price Performance

Shares of NYSE:FDX traded up $1.85 during midday trading on Friday, hitting $260.71. 199,995 shares of the stock were exchanged, compared to its average volume of 1,956,891. FedEx has a twelve month low of $194.29 and a twelve month high of $308.53. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.73. The company has a 50 day moving average price of $236.92 and a 200-day moving average price of $229.36. The stock has a market cap of $61.52 billion, a P/E ratio of 15.22, a PEG ratio of 1.43 and a beta of 1.31.

Institutional Trading of FedEx

Institutional investors and hedge funds have recently made changes to their positions in the stock. Grey Fox Wealth Advisors LLC bought a new stake in FedEx in the third quarter valued at $27,000. Twin Peaks Wealth Advisors LLC bought a new position in FedEx in the 2nd quarter valued at about $28,000. NewSquare Capital LLC increased its stake in FedEx by 121.8% during the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after buying an additional 67 shares during the period. Abich Financial Wealth Management LLC bought a new position in shares of FedEx in the third quarter valued at approximately $39,000. Finally, WPG Advisers LLC acquired a new stake in FedEx in the first quarter worth approximately $43,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.

FedEx Company Profile

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.