Zacks Research Has Bullish Forecast for FedEx Q3 Earnings

FedEx Corporation (NYSE:FDX) – Equities researchers at Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for shares of FedEx in a report released on Thursday, January 8th. Zacks Research analyst Team now anticipates that the shipping service provider will post earnings of $3.97 per share for the quarter, up from their previous forecast of $3.69. The consensus estimate for FedEx’s current full-year earnings is $19.14 per share. Zacks Research also issued estimates for FedEx’s FY2026 earnings at $18.23 EPS and Q1 2027 earnings at $4.05 EPS.

FedEx (NYSE:FDX) last announced its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. The firm had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.FedEx’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS.

FDX has been the topic of several other reports. TD Cowen increased their price objective on shares of FedEx from $271.00 to $313.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Bank of America raised shares of FedEx from a “neutral” rating to a “buy” rating and set a $365.00 price target for the company in a research report on Friday, January 9th. Raymond James Financial lifted their price target on shares of FedEx from $255.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, December 22nd. Sanford C. Bernstein upped their price objective on FedEx from $250.00 to $306.00 and gave the stock a “market perform” rating in a report on Friday. Finally, Wall Street Zen raised FedEx from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Sixteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $302.65.

FedEx Trading Down 0.7%

Shares of FDX opened at $309.73 on Monday. The stock has a fifty day moving average of $281.41 and a two-hundred day moving average of $250.52. FedEx has a fifty-two week low of $194.29 and a fifty-two week high of $318.83. The company has a market capitalization of $72.82 billion, a PE ratio of 17.07, a price-to-earnings-growth ratio of 1.56 and a beta of 1.35. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were issued a $1.45 dividend. This represents a $5.80 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, December 15th. FedEx’s dividend payout ratio is currently 31.97%.

Institutional Investors Weigh In On FedEx

Several institutional investors and hedge funds have recently modified their holdings of FDX. Ulland Investment Advisors LLC purchased a new stake in shares of FedEx during the fourth quarter valued at approximately $29,000. Grey Fox Wealth Advisors LLC acquired a new stake in FedEx during the 3rd quarter valued at $27,000. Twin Peaks Wealth Advisors LLC purchased a new stake in FedEx during the 2nd quarter worth $28,000. Wealth Watch Advisors INC purchased a new stake in FedEx during the 3rd quarter worth $28,000. Finally, NewSquare Capital LLC boosted its position in FedEx by 121.8% in the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after buying an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

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.