FedEx (NYSE:FDX) Announces FY 2026 Earnings Guidance

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Stephens raised FedEx to a “strong-buy” rating in a report on Wednesday, July 8th. UBS Group reaffirmed a “hold” rating on shares of FedEx in a research note on Friday. Bank of America cut their target price on FedEx from $378.00 to $359.00 and set a “buy” rating for the company in a research note on Tuesday. BNP Paribas Exane increased their price target on shares of FedEx from $269.80 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 30th. Finally, HSBC raised shares of FedEx from a “hold” rating to a “buy” rating and set a $370.00 price target on the stock in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $365.84.

FedEx Stock Up 1.8%

FDX opened at $313.45 on Friday. The company has a market cap of $73.41 billion, a P/E ratio of 19.28, a P/E/G ratio of 1.24 and a beta of 1.28. The business’s 50-day moving average price is $304.30 and its 200-day moving average price is $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. FedEx has a 12 month low of $198.00 and a 12 month high of $345.36.

FedEx (NYSE:FDX) last released its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.40. The company had revenue of $22.93 billion during the quarter, compared to analyst estimates of $22.73 billion. FedEx had a return on equity of 15.53% and a net margin of 4.09%. FedEx’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.83 EPS. On average, equities analysts expect that FedEx will post 18.27 EPS for the current year.

FedEx Announces Dividend

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

Insiders Place Their Bets

In other FedEx news, EVP Tracy Brightman sold 26,611 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $316.68, for a total value of $8,427,171.48. Following the completion of the sale, the executive vice president owned 12,245 shares in the company, valued at approximately $3,877,746.60. The trade was a 68.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.65% of the company’s stock.

Key FedEx News

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.