FedEx (NYSE:FDX) Price Target Raised to $446.00

FedEx (NYSE:FDX) had its price target lifted by UBS Group from $412.00 to $446.00 in a report issued on Friday,Benzinga reports. They currently have a buy rating on the shipping service provider’s stock.

Several other research firms have also weighed in on FDX. Jefferies Financial Group lifted their price target on FedEx from $425.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Wells Fargo & Company increased their price objective on FedEx from $430.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday. Evercore raised their price objective on FedEx from $364.00 to $380.00 in a research report on Tuesday, February 24th. Stephens upped their target price on shares of FedEx from $405.00 to $435.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, BNP Paribas Exane set a $280.00 price target on shares of FedEx and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $393.85.

FedEx Stock Performance

Shares of FDX opened at $358.44 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. FedEx has a one year low of $194.29 and a one year high of $392.86. The company has a 50-day simple moving average of $351.21 and a two-hundred day simple moving average of $291.76. The firm has a market capitalization of $85.53 billion, a PE ratio of 19.08, a price-to-earnings-growth ratio of 1.61 and a beta of 1.29.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The business had revenue of $24 billion for the quarter, compared to analysts’ expectations of $23.44 billion. During the same period in the previous year, the firm posted $4.51 EPS. The business’s revenue was up 8.3% on a year-over-year basis. On average, analysts anticipate that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be issued a dividend of $1.45 per share. The ex-dividend date is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.6%. FedEx’s dividend payout ratio (DPR) is presently 30.87%.

Hedge Funds Weigh In On FedEx

Hedge funds have recently bought and sold shares of the company. Purpose Unlimited Inc. purchased a new stake in FedEx during the 4th quarter valued at about $185,000. Nalls Sherbakoff Group LLC bought a new stake in FedEx during the 4th quarter valued at about $43,000. Larry Mathis Financial Planning LLC purchased a new position in FedEx in the fourth quarter worth about $359,000. Green Ridge Wealth Planning LLC bought a new position in shares of FedEx in the fourth quarter worth approximately $224,000. Finally, Corient Private Wealth LLC lifted its stake in shares of FedEx by 14.8% in the fourth quarter. Corient Private Wealth LLC now owns 109,246 shares of the shipping service provider’s stock worth $31,561,000 after buying an additional 14,086 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx posted a double beat (EPS and revenue) and lifted full‑year profit guidance, which is the primary driver behind the stock rally. Article Link
• Positive Sentiment: Analyst re‑ratings and price‑target lifts — Multiple firms (UBS, Wells Fargo, BofA, Susquehanna, Stephens, TD Cowen, Truist, Stifel, BMO, etc.) raised targets or upgraded ratings after the results, supporting further upside sentiment. Article Link
• Neutral Sentiment: Management says demand is holding — FedEx flagged that early‑March volumes matched expectations and that its fuel surcharge is moderating higher fuel costs, but management assumes no additional geopolitical disruptions. That reduces immediate downside but leaves exposure to future shocks. Article Link
• Neutral Sentiment: Market context is mixed — broader markets are pressured by oil/geo risks and macro data, so FedEx’s outperformance is occurring in a risk‑off environment that could limit follow‑through. Article Link
• Negative Sentiment: Cost and segment risks persist — fuel costs are materially higher (a key margin headwind) and the Freight business remains weak; both could pressure results if trends worsen. Article Link
• Negative Sentiment: Some caution in the market and mixed guidance reaction — a few headlines note the company gave a relatively cautious near‑term forecast that caused intraday profit‑taking, and one major house (Morgan Stanley) still expresses an underweight stance with a much lower target. Article Link
• Negative Sentiment: Operational/PR risk — the NTSB is probing a close runway call involving a FedEx jet, a reputational/operational overhang to monitor. Article Link

About FedEx

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.