FedEx (NYSE:FDX) Given New $400.00 Price Target at JPMorgan Chase & Co.

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

A number of other equities analysts have also commented on FDX. Bank of America decreased their price objective on shares of FedEx from $378.00 to $359.00 and set a “buy” rating for the company in a research note on Tuesday. Evercore raised their price target on shares of FedEx from $350.00 to $351.00 in a report on Monday, September 28th. Wall Street Zen upgraded shares of FedEx to a “hold” rating in a research report on Saturday, August 8th. Sanford C. Bernstein set a $377.00 price target on FedEx in a research note on Monday. Finally, Stephens upgraded shares of FedEx to a “strong-buy” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, FedEx presently has an average rating of “Moderate Buy” and a consensus target price of $365.84.

FedEx Stock Performance

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

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

Institutional Trading of FedEx

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in FedEx in the 2nd quarter valued at $6,508,103,000. Primecap Management Co. CA bought a new position in FedEx in the 2nd quarter valued at about $2,554,138,000. Bank of America Corp DE bought a new stake in shares of FedEx during the second quarter worth approximately $579,171,000. Bank of New York Mellon Corp acquired a new position in shares of FedEx in the second quarter valued at approximately $466,943,000. Finally, Legal & General Group Plc bought a new position in FedEx during the second quarter worth about $448,121,000. Institutional investors own 84.47% of the company’s stock.

FedEx News Summary

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.