The Goldman Sachs Group Has Lowered Expectations for FedEx (NYSE:FDX) Stock Price

Posted by Brenda Bartman on Jun 1st, 2026

FedEx (NYSE:FDX – Get Free Report) had its target price dropped by analysts at The Goldman Sachs Group from $405.00 to $375.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The brokerage presently has a “buy” rating on the shipping service provider’s stock. The Goldman Sachs Group’s price objective indicates a potential upside of 12.56% from the company’s previous close.

A number of other brokerages also recently commented on FDX. Barclays upgraded FedEx from an “overweight” rating to an “overweight” rating in a research report on Wednesday. Seaport Research Partners initiated coverage on shares of FedEx in a research note on Wednesday. They set a “buy” rating on the stock. Wall Street Zen cut shares of FedEx from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 12th. Evercore lowered shares of FedEx from an “outperform” rating to a “cautious” rating in a research report on Wednesday. Finally, Wolfe Research lowered their target price on shares of FedEx from $427.00 to $423.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Eighteen research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $395.53.

View Our Latest Stock Analysis on FDX

FedEx Stock Performance

FDX traded down $78.59 during midday trading on Monday, reaching $333.16. The company’s stock had a trading volume of 189,639 shares, compared to its average volume of 1,818,576. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. The company has a fifty day simple moving average of $376.41 and a 200 day simple moving average of $338.62. The stock has a market cap of $79.50 billion, a P/E ratio of 17.73, a PEG ratio of 1.57 and a beta of 1.28. FedEx has a twelve month low of $214.82 and a twelve month high of $413.87.

FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating analysts’ consensus estimates of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The business had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. During the same quarter in the prior year, the business earned $4.51 earnings per share. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. Research analysts expect that FedEx will post 19.63 earnings per share for the current year.

Insider Activity

In other FedEx news, EVP Kawal Preet sold 4,900 shares of the business’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total value of $1,802,661.00. Following the transaction, the executive vice president directly owned 10,953 shares in the company, valued at $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Gina F. Adams sold 20,450 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the sale, the executive vice president directly owned 19,403 shares of the company’s stock, valued at approximately $7,110,229.35. The trade was a 51.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,104 shares of company stock valued at $17,599,006 in the last ninety days. 0.53% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On FedEx

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ferguson Wellman Capital Management Inc. boosted its stake in FedEx by 3.2% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 830 shares of the shipping service provider’s stock worth $296,000 after purchasing an additional 26 shares in the last quarter. OneAscent Financial Services LLC increased its stake in shares of FedEx by 1.7% in the fourth quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock valued at $491,000 after buying an additional 29 shares in the last quarter. Whipplewood Advisors LLC increased its stake in shares of FedEx by 9.9% in the first quarter. Whipplewood Advisors LLC now owns 333 shares of the shipping service provider’s stock valued at $119,000 after buying an additional 30 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of FedEx by 11.9% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 283 shares of the shipping service provider’s stock valued at $101,000 after buying an additional 30 shares during the last quarter. Finally, Arete Wealth Advisors LLC lifted its position in FedEx by 1.7% during the 4th quarter. Arete Wealth Advisors LLC now owns 1,778 shares of the shipping service provider’s stock worth $514,000 after buying an additional 30 shares in the last quarter. 84.47% of the stock is owned by institutional investors and hedge funds.

FedEx Company Profile

(Get Free Report)

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.