FedEx (NYSE:FDX) Price Target Raised to $230.00

FedEx (NYSE:FDX) had its price target raised by stock analysts at Morgan Stanley from $220.00 to $230.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “underweight” rating on the shipping service provider’s stock. Morgan Stanley’s price target would suggest a potential downside of 35.24% from the stock’s current price.

A number of other equities research analysts have also issued reports on the stock. Rothschild & Co Redburn upped their target price on shares of FedEx from $317.00 to $371.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Oppenheimer restated a “market perform” rating on shares of FedEx in a research report on Friday, December 19th. Evercore upped their price objective on shares of FedEx from $364.00 to $380.00 in a research note on Tuesday, February 24th. UBS Group increased their price objective on shares of FedEx from $314.00 to $412.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $479.00 target price on shares of FedEx in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, FedEx currently has a consensus rating of “Moderate Buy” and a consensus price target of $374.48.

FedEx Stock Performance

NYSE FDX opened at $355.15 on Friday. 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’s 50 day simple moving average is $350.29 and its 200-day simple moving average is $289.94. The company has a market cap of $83.50 billion, a PE ratio of 19.58, a price-to-earnings-growth ratio of 1.66 and a beta of 1.29. FedEx has a 1-year low of $194.29 and a 1-year high of $392.86.

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

Institutional Trading of FedEx

Several hedge funds have recently made changes to their positions in the company. Brighton Jones LLC raised its stake in shares of FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after acquiring an additional 207 shares during the period. Empowered Funds LLC boosted its position in shares of FedEx by 78.9% during the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after purchasing an additional 4,548 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of FedEx during the 2nd quarter worth approximately $586,000. Wealthspire Advisors LLC increased its holdings in FedEx by 3.3% in the 2nd quarter. Wealthspire Advisors LLC now owns 4,772 shares of the shipping service provider’s stock valued at $1,085,000 after purchasing an additional 151 shares during the last quarter. Finally, TD Waterhouse Canada Inc. increased its holdings in FedEx by 18.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 18,079 shares of the shipping service provider’s stock valued at $4,237,000 after purchasing an additional 2,806 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Key FedEx News

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.