Equities Analysts Offer Predictions for FedEx Q2 Earnings

FedEx Corporation (NYSE:FDX) – Equities research analysts at Zacks Research increased their Q2 2026 earnings estimates for FedEx in a research report issued on Thursday, November 6th. Zacks Research analyst Team now anticipates that the shipping service provider will post earnings of $3.95 per share for the quarter, up from their prior forecast 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.

FDX has been the topic of a number of other reports. Stephens reaffirmed an “overweight” rating and issued a $260.00 price target on shares of FedEx in a research note on Tuesday, October 14th. The Goldman Sachs Group decreased their target price on shares of FedEx from $290.00 to $276.00 and set a “buy” rating for the company in a research report on Friday, September 12th. Bank of America upped their price objective on shares of FedEx from $240.00 to $244.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Truist Financial set a $285.00 price target on FedEx in a research note on Tuesday, October 14th. Finally, Vertical Research reduced their target price on FedEx from $280.00 to $275.00 in a 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $271.83.

FedEx Stock Up 0.7%

Shares of FDX traded up $1.85 during trading hours on Friday, reaching $260.71. The company’s stock had a trading volume of 199,995 shares, compared to its average volume of 1,956,891. The company has a quick ratio of 1.21, a current ratio of 1.25 and a debt-to-equity ratio of 0.73. The firm has a market cap of $61.52 billion, a price-to-earnings ratio of 15.22, a P/E/G ratio of 1.43 and a beta of 1.31. The company has a 50 day moving average of $236.92 and a two-hundred day moving average of $229.36. FedEx has a 1-year low of $194.29 and a 1-year high of $308.53.

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

Institutional Trading of FedEx

A number of hedge funds have recently modified their holdings of FDX. Vanguard Group Inc. boosted its stake in FedEx by 1.0% during the second quarter. Vanguard Group Inc. now owns 20,700,326 shares of the shipping service provider’s stock worth $4,705,391,000 after buying an additional 211,165 shares in the last quarter. Dodge & Cox lifted its position in shares of FedEx by 4.7% during the 2nd quarter. Dodge & Cox now owns 14,482,494 shares of the shipping service provider’s stock worth $3,292,016,000 after buying an additional 649,426 shares during the period. Geode Capital Management LLC lifted its position in shares of FedEx by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock worth $1,124,524,000 after buying an additional 28,450 shares during the period. Franklin Resources Inc. boosted its stake in FedEx by 2.1% in the 2nd quarter. Franklin Resources Inc. now owns 4,545,371 shares of the shipping service provider’s stock valued at $1,033,208,000 after buying an additional 94,136 shares in the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of FedEx by 28,080.9% during the second quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock valued at $850,948,000 after acquiring an additional 3,730,273 shares during the period. Institutional investors own 84.47% of the company’s stock.

About FedEx

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.