FedEx (NYSE:FDX) Stock Gets Price Target Increase from JPMorgan Chase & Co.

FedEx (NYSE:FDX) had its target price hoisted by analysts at JPMorgan Chase & Co. from $399.00 to $400.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the shipping service provider’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 30.06% from the stock’s previous close.

A number of other research analysts also recently issued reports on the stock. Wall Street Zen raised shares of FedEx to a “hold” rating in a research report on Saturday, August 8th. Citigroup reiterated a “cautious” rating on shares of FedEx in a research note on Wednesday, October 7th. Stephens upgraded shares of FedEx to a “strong-buy” rating in a report on Wednesday, July 8th. Bank of America dropped their price target on FedEx from $378.00 to $359.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Weiss Ratings cut FedEx from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, FedEx has a consensus rating of “Moderate Buy” and an average target price of $365.84.

FedEx Trading Up 1.0%

FDX traded up $2.97 during trading on Thursday, hitting $307.55. 1,964,065 shares of the stock were exchanged, compared to its average volume of 1,987,972. FedEx has a 1 year low of $198.00 and a 1 year high of $345.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48. The firm has a 50 day simple moving average of $304.96 and a 200 day simple moving average of $337.16. The firm has a market cap of $72.79 billion, a price-to-earnings ratio of 16.62, a P/E/G ratio of 1.53 and a beta of 1.28.

FedEx (NYSE:FDX) last announced its quarterly earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 EPS for the quarter, beating the consensus estimate of $3.34 by $0.40. The firm had revenue of $22.93 billion for the quarter, compared to analyst estimates of $22.73 billion. FedEx had a return on equity of 16.49% and a net margin of 4.68%. During the same quarter last year, the firm posted $3.83 earnings per share. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. As a group, equities analysts expect that FedEx will post 18.27 EPS for the current year.

Institutional Investors Weigh In On FedEx

Institutional investors have recently added to or reduced their stakes in the stock. Hollencrest Capital Management purchased a new position in FedEx in the first quarter valued at approximately $25,000. Solstein Capital LLC acquired a new stake in FedEx during the 2nd quarter valued at $27,000. Trifecta Capital Advisors LLC boosted its position in FedEx by 3,233.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 100 shares of the shipping service provider’s stock valued at $29,000 after buying an additional 97 shares during the last quarter. C M Bidwell & Associates Ltd. purchased a new stake in shares of FedEx during the second quarter worth about $31,000. Finally, Cedar Mountain Advisors LLC grew its stake in FedEx by 77.4% during the 1st quarter. Cedar Mountain Advisors LLC now owns 94 shares of the shipping service provider’s stock valued at $33,000 after purchasing an additional 41 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Quarterly earnings beat expectations: FedEx reported adjusted EPS of $3.74, above the $3.34 consensus, while revenue rose approximately 12% year over year to $22.9 billion, exceeding estimates. Higher package yields, volume growth and network-efficiency savings supported the results. FedEx beats expectations, raises outlook
• Positive Sentiment: 2026 outlook raised: Management increased its full-year revenue-growth outlook to roughly 12% and lifted adjusted EPS guidance to about $18.60. Premium shipping demand, stronger yields and continued cost reductions are helping offset higher fuel and transportation expenses. FedEx forecasts annual profit above estimates
• Positive Sentiment: Analyst sentiment improved: HSBC upgraded FDX from Hold to Buy and assigned a $370 price target, while JPMorgan maintained its Buy rating. The upgrades signal confidence that pricing power and operational improvements can support further upside. HSBC upgrades FedEx to Buy
• Positive Sentiment: Capital returns and growth opportunities: FedEx repurchased approximately $2 billion of stock, with additional buyback capacity remaining. The company is also attracting parcel-focused customers to its air-freight services, particularly in high-value markets such as artificial intelligence and data centers. FedEx drawing parcel-focused shippers to air freight
• Neutral Sentiment: Investors remain focused on execution: FedEx expects high-single-digit domestic revenue growth during the fourth quarter, but management indicated that pricing—not robust peak-season volume—will do much of the work.
• Negative Sentiment: Margin and earnings-quality concerns: Rising transportation costs and domestic margin pressure remain risks. GAAP profit also declined sharply, partly reflecting a loss tied to the FedEx Freight investment, prompting some investors to view the guidance increase as less powerful than the headline adjusted earnings beat. FedEx falls despite beating earnings

About FedEx

FedEx Corporation (NYSE: FDX) is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.