FedEx Corporation (FDX)
NYSE: FDX · Real-Time Price · USD
266.33
+2.56 (0.97%)
At close: Sep 26, 2024, 4:00 PM
266.40
+0.07 (0.03%)
After-hours: Sep 26, 2024, 5:36 PM EDT
FedEx Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for FedEx stock have an average target of 312.23, with a low estimate of 200 and a high estimate of 350. The average target predicts an increase of 17.23% from the current stock price of 266.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FedEx stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
---|---|---|---|---|---|---|
Strong Buy | 9 | 9 | 8 | 8 | 9 | 7 |
Buy | 9 | 9 | 9 | 9 | 8 | 8 |
Hold | 7 | 7 | 7 | 7 | 7 | 6 |
Sell | 1 | 1 | 1 | 1 | 1 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 26 | 26 | 25 | 25 | 25 | 23 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Loop Capital | Loop Capital | Hold Maintains $317 → $288 | Hold | Maintains | $317 → $288 | +8.14% | Sep 23, 2024 |
BMO Capital | BMO Capital | Hold Maintains $325 → $300 | Hold | Maintains | $325 → $300 | +12.64% | Sep 20, 2024 |
HSBC | HSBC | Strong Buy → Hold Downgrades $300 | Strong Buy → Hold | Downgrades | $300 | +12.64% | Sep 20, 2024 |
TD Cowen | TD Cowen | Strong Buy Maintains $334 → $328 | Strong Buy | Maintains | $334 → $328 | +23.16% | Sep 20, 2024 |
JP Morgan | JP Morgan | Buy Maintains $359 → $350 | Buy | Maintains | $359 → $350 | +31.42% | Sep 20, 2024 |
Financial Forecast
Revenue This Year
90.78B
from 87.69B
Increased by 3.52%
Revenue Next Year
94.84B
from 90.78B
Increased by 4.47%
EPS This Year
21.06
from 17.21
Increased by 22.35%
EPS Next Year
24.27
from 21.06
Increased by 15.28%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 96.3B | 101.1B | 106.3B | ||
Avg | 90.8B | 94.8B | 99.2B | ||
Low | 86.3B | 89.4B | 93.6B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 9.9% | 11.3% | 12.1% | ||
Avg | 3.5% | 4.5% | 4.6% | ||
Low | -1.6% | -1.5% | -1.3% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 22.84 | 27.09 | 32.03 | ||
Avg | 21.06 | 24.27 | 26.92 | ||
Low | 15.52 | 15.31 | 15.69 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 32.7% | 28.6% | 31.9% | ||
Avg | 22.4% | 15.3% | 10.9% | ||
Low | -9.8% | -27.3% | -35.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.