Bank of America Issues Positive Forecast for FedEx (NYSE:FDX) Stock Price

FedEx (NYSE:FDX) had its price objective hoisted by Bank of America from $408.00 to $414.00 in a report issued on Tuesday,MarketScreener reports. They currently have a buy rating on the shipping service provider’s stock.

A number of other research firms have also commented on FDX. Stifel Nicolaus set a $328.00 price target on shares of FedEx in a research report on Friday, December 19th. Truist Financial increased their price objective on FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, December 19th. HSBC increased their price target on shares of FedEx from $235.00 to $285.00 and gave the company a “hold” rating in a report on Friday, December 19th. Wolfe Research set a $355.00 price objective on shares of FedEx in a research report on Wednesday, January 21st. Finally, Stephens boosted their price target on FedEx from $260.00 to $330.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven 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 price target of $322.52.

FedEx Stock Up 2.9%

Shares of NYSE FDX traded up $10.76 during trading hours on Tuesday, hitting $377.92. The stock had a trading volume of 857,125 shares, compared to its average volume of 1,971,941. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27. The company has a market capitalization of $88.86 billion, a P/E ratio of 20.74, a P/E/G ratio of 1.85 and a beta of 1.34. The firm’s 50-day moving average price is $307.65 and its two-hundred day moving average price is $264.36. FedEx has a 52 week low of $194.29 and a 52 week high of $380.86.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The firm had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same period in the prior year, the company posted $4.05 earnings per share. FedEx’s revenue for the quarter was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Analysts anticipate that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were issued a $1.45 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.80 annualized dividend and a dividend yield of 1.5%. FedEx’s dividend payout ratio is presently 31.97%.

Hedge Funds Weigh In On FedEx

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. McMillan Office Inc. acquired a new stake in shares of FedEx during the fourth quarter worth approximately $51,000. Brown Brothers Harriman & Co. grew its position in FedEx by 4.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 19,607 shares of the shipping service provider’s stock worth $5,664,000 after acquiring an additional 882 shares during the last quarter. Principal Securities Inc. increased its holdings in FedEx by 0.6% during the 4th quarter. Principal Securities Inc. now owns 8,191 shares of the shipping service provider’s stock valued at $2,366,000 after purchasing an additional 47 shares in the last quarter. Aviva PLC raised its position in FedEx by 6.6% in the 4th quarter. Aviva PLC now owns 192,649 shares of the shipping service provider’s stock valued at $55,649,000 after purchasing an additional 11,949 shares during the last quarter. Finally, Investment Research Partners LLC raised its position in FedEx by 9.3% in the 4th quarter. Investment Research Partners LLC now owns 977 shares of the shipping service provider’s stock valued at $282,000 after purchasing an additional 83 shares during 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: Wolfe Research raised its price target on FDX to $394 (from $355) and kept an “outperform” rating, signaling incremental analyst conviction and near‑term upside from current levels. Wolfe Research Adjusts Price Target
• Positive Sentiment: Bank of America raised its FDX price target to $414 (from $408) and reiterated a “Buy” rating — a larger implied upside that likely pushed buying interest. BofA tied the upgrade to cost savings and margin benefits from the InPost investment. BOFA Raises Target
• Positive Sentiment: Barron’s highlights FedEx’s multi‑year targets — including projected double‑digit operating profit growth through FY2029 — which supports a higher valuation if investors buy into execution. Barron’s: FedEx Valuation
• Positive Sentiment: The Wall Street Journal reports FedEx is guiding for higher annual revenue in fiscal 2029 as it prioritizes higher‑margin segments — a confirmation of the company’s strategic shift that supports margin expansion expectations. WSJ: FedEx Targets Higher Revenue
• Positive Sentiment: FedEx’s planned stake in InPost and investment in AI parcel automation are being framed as ways to lower European delivery costs and improve margins — a strategic catalyst cited by analysts (and by BofA) as supporting upside. Yahoo: InPost & AI Parcel Automation
• Neutral Sentiment: Jim Cramer publicly praised CEO Raj Subramaniam and spotlighted FedEx on his show — positive for retail sentiment but less directly tied to fundamentals. Jim Cramer on FedEx
• Negative Sentiment: A Seeking Alpha piece argues it may be “a bit too late to buy” despite express growth, highlighting valuation concerns and prompting caution for some value‑oriented investors. Seeking Alpha: Too Late to Buy?

About FedEx

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.