FedEx (NYSE:FDX) Price Target Raised to $378.00 at Bank of America

Posted by Casey Walker on Jun 24th, 2026

FedEx (NYSE:FDX – Get Free Report) had its price target raised by analysts at Bank of America from $376.00 to $378.00 in a report released on Wednesday,MarketScreener reports. Bank of America‘s price objective suggests a potential upside of 21.11% from the company’s current price.

A number of other analysts also recently issued reports on FDX. BNP Paribas Exane cut their target price on FedEx from $335.00 to $269.76 and set a “neutral” rating for the company in a research note on Tuesday, June 2nd. Evercore lowered their price target on shares of FedEx from $390.00 to $355.00 in a research report on Thursday, June 18th. BMO Capital Markets dropped their price objective on shares of FedEx from $410.00 to $340.00 and set a “market perform” rating for the company in a report on Monday, June 1st. TD Cowen raised their price objective on shares of FedEx from $383.00 to $426.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. Finally, UBS Group reaffirmed a “buy” rating and set a $350.00 target price (down from $445.00) on shares of FedEx in a research note on Wednesday. Eighteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, FedEx currently has an average rating of “Moderate Buy” and an average price target of $355.87.

Read Our Latest Report on FedEx

FedEx Trading Down 1.6%

Shares of FedEx stock opened at $312.11 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. The stock’s 50 day simple moving average is $366.57 and its 200-day simple moving average is $345.88. The stock has a market cap of $74.47 billion, a P/E ratio of 16.61, a P/E/G ratio of 1.49 and a beta of 1.28. FedEx has a 1-year low of $172.88 and a 1-year high of $345.36.

FedEx (NYSE:FDX – Get Free Report) last posted its quarterly earnings results on Tuesday, June 23rd. The shipping service provider reported $6.31 EPS for the quarter, beating the consensus estimate of $5.91 by $0.40. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The firm had revenue of $25.01 billion during the quarter, compared to analysts’ expectations of $24.04 billion. During the same quarter last year, the firm earned $6.07 earnings per share. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS. Analysts predict that FedEx will post 19.78 EPS for the current fiscal year.

Insider Activity at FedEx

In related news, EVP Gina F. Adams sold 20,450 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the completion of the transaction, the executive vice president owned 19,403 shares of the company’s stock, valued at approximately $7,110,229.35. This trade represents a 51.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Susan C. Schwab sold 5,795 shares of FedEx stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total transaction of $2,138,355.00. Following the completion of the sale, the director owned 10,038 shares of the company’s stock, valued at $3,704,022. This trade represents a 36.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,104 shares of company stock valued at $17,599,006 in the last ninety days. Insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FDX. Dodge & Cox grew its stake in shares of FedEx by 12.0% in the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock valued at $3,826,055,000 after buying an additional 1,742,666 shares in the last quarter. State Street Corp boosted its holdings in FedEx by 4.2% during the 4th quarter. State Street Corp now owns 9,521,691 shares of the shipping service provider’s stock valued at $2,763,824,000 after acquiring an additional 382,848 shares during the period. Franklin Resources Inc. boosted its holdings in FedEx by 6.6% during the 4th quarter. Franklin Resources Inc. now owns 5,133,231 shares of the shipping service provider’s stock valued at $1,482,785,000 after acquiring an additional 318,293 shares during the period. Geode Capital Management LLC grew its position in FedEx by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 4,985,778 shares of the shipping service provider’s stock valued at $1,443,666,000 after acquiring an additional 45,818 shares in the last quarter. Finally, Invesco Ltd. grew its position in FedEx by 3.1% in the 3rd quarter. Invesco Ltd. now owns 3,618,898 shares of the shipping service provider’s stock valued at $853,372,000 after acquiring an additional 108,426 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

More FedEx News

Here are the key news stories impacting FedEx this week:

Positive Sentiment: FedEx posted a strong fiscal Q4 with revenue and EPS ahead of estimates, supported by higher package volumes and improved cash generation. FedEx Reports Strong Fourth Quarter and Full-Year Results
Positive Sentiment: Management said its premium parcel strategy, cost cuts, and network optimization are helping improve the business after the FedEx Freight spinoff. FedEx Revenue Rises on Growth in Package Yields, Volume
Neutral Sentiment: Analysts continue to view FedEx as fairly valued to moderately positive on longer-term fundamentals, though estimates vary widely. FDX Fairly Valued by DCF at $249
Neutral Sentiment: Several notes framed the quarter as a transition period after the freight spinoff, with investors waiting to see how the standalone parcel business performs. FedEx posts strong earnings results in last quarter with freight business
Negative Sentiment: FedEx shares are falling because its fiscal 2027 EPS guidance came in below expectations, raising concerns about earnings growth ahead. FedEx shares drop on weak profit forecast as Q4 results top estimates
Negative Sentiment: Investors are also worried that FedEx’s adjusted operating margin declined, suggesting profitability pressure in the core delivery business after the freight spinoff. FedEx drops on margin hit as investors gauge freight spin-off fortunes

FedEx Company Profile

(Get Free Report)

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.