Wolfe Research Raises FedEx (NYSE:FDX) Price Target to $394.00

FedEx (NYSE:FDX) had its price objective hoisted by research analysts at Wolfe Research from $355.00 to $394.00 in a research note issued to investors on Tuesday,MarketScreener reports. The firm currently has an “outperform” rating on the shipping service provider’s stock. Wolfe Research’s target price points to a potential upside of 5.31% from the stock’s previous close.

FDX has been the subject of a number of other reports. Morgan Stanley increased their price target on FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a research report on Friday, December 19th. Raymond James Financial raised their target price on FedEx from $255.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Citigroup upped their price objective on shares of FedEx from $327.00 to $401.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Wall Street Zen upgraded shares of FedEx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $322.52.

FedEx Price Performance

Shares of NYSE FDX traded up $6.98 during mid-day trading on Tuesday, hitting $374.14. 1,167,498 shares of the stock traded hands, compared to its average volume of 1,983,173. The firm has a 50 day simple moving average of $307.65 and a two-hundred day simple moving average of $264.36. FedEx has a twelve month low of $194.29 and a twelve month high of $380.86. The company has a market cap of $87.97 billion, a PE ratio of 20.48, a price-to-earnings-growth ratio of 1.85 and a beta of 1.34. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. The business had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities research analysts forecast that FedEx will post 19.14 EPS for the current fiscal year.

Institutional Investors Weigh In On FedEx

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of FedEx during the 4th quarter valued at $859,085,000. Vanguard Group Inc. raised its position in FedEx by 13.2% during the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock valued at $5,527,870,000 after purchasing an additional 2,741,723 shares in the last quarter. Boston Partners purchased a new stake in FedEx during the third quarter valued at about $468,195,000. Dodge & Cox boosted its holdings in shares of FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after purchasing an additional 1,742,666 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of FedEx by 169.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock worth $638,203,000 after purchasing an additional 1,718,278 shares in the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.

FedEx News Roundup

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?

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.