FedEx (NYSE:FDX) Rating Increased to Hold at HSBC

FedEx (NYSE:FDX) was upgraded by stock analysts at HSBC from a “reduce” rating to a “hold” rating in a research report issued on Friday, Marketbeat Ratings reports. The brokerage presently has a $360.00 price objective on the shipping service provider’s stock. HSBC’s target price suggests a potential downside of 0.66% from the company’s current price.

Several other equities research analysts have also recently issued reports on FDX. Bank of America boosted their price target on FedEx from $431.00 to $440.00 and gave the company a “buy” rating in a research note on Friday. UBS Group upped their price objective on shares of FedEx from $314.00 to $412.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. TD Cowen increased their price objective on shares of FedEx from $383.00 to $426.00 and gave the stock a “buy” rating in a research note on Friday. Argus raised their target price on shares of FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $457.00 target price on shares of FedEx in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $378.52.

FedEx Stock Performance

Shares of FDX stock traded up $6.30 on Friday, hitting $362.41. The company’s stock had a trading volume of 2,705,107 shares, compared to its average volume of 1,940,026. FedEx has a fifty-two week low of $194.29 and a fifty-two week high of $392.86. The company has a market capitalization of $85.21 billion, a PE ratio of 20.00, a PEG ratio of 1.66 and a beta of 1.29. The stock’s 50 day moving average is $350.29 and its 200-day moving average is $289.94. 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 (NYSE:FDX) last issued its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, topping the consensus estimate of $4.12 by $1.13. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The business had revenue of $24 billion during the quarter, compared to analysts’ expectations of $23.44 billion. During the same quarter in the previous year, the company earned $4.51 EPS. The business’s revenue was up 8.3% on a year-over-year basis. Equities research analysts expect that FedEx will post 19.14 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Norges Bank bought a new stake in shares of FedEx during the 4th quarter valued at about $859,085,000. Vanguard Group Inc. increased its holdings in FedEx by 13.2% in the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after purchasing an additional 2,741,723 shares in the last quarter. Boston Partners acquired a new position in FedEx in the third quarter valued at approximately $468,195,000. Dodge & Cox lifted its stake in FedEx by 12.0% in the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock valued at $3,826,055,000 after buying an additional 1,742,666 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of FedEx by 169.2% during 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 buying an additional 1,718,278 shares in the last quarter. 84.47% of the stock is owned by institutional investors.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx reported $5.25 EPS on $24B revenue, topping consensus and raised FY26 profit outlook; investors cheered resilient demand and a stronger-than-expected holiday peak. FedEx shares surge as investors cheer resilient demand, higher profit forecast
• Positive Sentiment: Analyst upgrades and higher price targets — TD Cowen raised its price target to $426 and upgraded to Buy; other firms (e.g., JPMorgan) also raised targets recently, supporting upside expectations.
• Positive Sentiment: Strategic execution — Management reaffirmed key actions (including the freight spin‑off plan) and emphasized cost controls and yield improvement, which support margin outlook. FedEx Tops Q3 Estimates, Freight Spin-Off Remains On Track
• Neutral Sentiment: Demand and geopolitical risks — CEO said global demand has held through early March despite the Iran war; fuel surcharges are cushioning cost increases but guidance assumes no further major disruptions. This is reassuring but leaves exposure if the conflict worsens. FedEx sees global demand holding amid Iran war, raises profit outlook
• Neutral Sentiment: Network adjustments — FedEx is closing nine New York parcel centers as it optimizes capacity; this may lower costs long term but could cause near‑term disruption and execution risk. FedEx to shutter 9 New York parcel centers
• Negative Sentiment: Analyst downgrade — Zacks moved FDX from “strong‑buy” to “hold,” flagging valuation and near‑term risks despite the beat; some analysts warn the stock’s run-up makes valuation more stretched. Zacks.com
• Negative Sentiment: Safety/regulatory risk — The NTSB is investigating a close call between FedEx and an Alaska Airlines jet at Newark; while not a financial issue now, it introduces operational/regulatory scrutiny. NTSB investigating close call between FedEx, Alaska Airlines jets

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.