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
Target Low Average Median High
Price $200 $312.23 $320 $350
Change -24.91% +17.23% +20.15% +31.42%

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 '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 998897
Buy 999988
Hold 777776
Sell 111112
Strong Sell 000000
Total 262625252523

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
Hold
Downgrades
$300
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
More Analyst Ratings

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%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending May 31, 2020 May 31, 2021 May 31, 2022 May 31, 2023 May 31, 2024 May 31, 2025 May 31, 2026 May 31, 2027
Revenue
69.22B83.96B93.51B90.16B87.69B90.78B94.84B99.18B
Revenue Growth
-0.68%21.30%11.38%-3.59%-2.73%3.52%4.47%4.57%
EPS
4.9019.4514.3315.4817.2121.0624.2726.92
EPS Growth
141.38%296.94%-26.32%8.03%11.18%22.35%15.28%10.92%
Forward PE
-----12.6510.979.89
No. Analysts -----323014
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
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 20252026202720282029
High
9.9%
11.3%
12.1%
Avg
3.5%
4.5%
4.6%
Low
-1.6%
-1.5%
-1.3%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.