FedEx Corporation (FDX)
NYSE: FDX · Real-Time Price · USD
274.35
+0.50 (0.18%)
Nov 1, 2024, 4:00 PM EDT - Market closed

FedEx Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for FedEx stock have an average target of 311.74, with a low estimate of 200 and a high estimate of 350. The average target predicts an increase of 13.63% from the current stock price of 274.35.

Analyst Consensus: Buy
Target Low Average Median High
Price $200 $311.74 $318 $350
Change -27.10% +13.63% +15.91% +27.57%

Analyst Ratings

The average analyst rating for FedEx stock from 24 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 988978
Buy 999888
Hold 777766
Sell 111122
Strong Sell 000000
Total 262525252324

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Initiates
$301
Strong Buy Initiates $301 +9.71% Oct 9, 2024
Loop Capital
Loop Capital
Hold
Maintains
$317$288
Hold Maintains $317$288 +4.98% Sep 23, 2024
BMO Capital
BMO Capital
Hold
Maintains
$325$300
Hold Maintains $325$300 +9.35% Sep 20, 2024
HSBC
HSBC
Hold
Downgrades
$300
Hold Downgrades $300 +9.35% Sep 20, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$334$328
Strong Buy Maintains $334$328 +19.56% Sep 20, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
89.45B
from 87.69B
Increased by 2.00%
Revenue Next Year
93.60B
from 89.45B
Increased by 4.64%
EPS This Year
19.75
from 17.21
Increased by 14.76%
EPS Next Year
22.98
from 19.75
Increased by 16.36%
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
69.22B83.96B93.51B90.16B87.69B89.45B93.60B98.14B
Revenue Growth
-0.68%21.30%11.38%-3.59%-2.73%2.00%4.64%4.85%
EPS
4.9019.4514.3315.4817.2119.7522.9825.59
EPS Growth
141.38%296.94%-26.32%8.03%11.18%14.76%16.36%11.34%
Forward PE
-----13.8911.9410.72
No. Analysts -----333217
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 94.1B 100.5B 105.5B
Avg 89.4B 93.6B 98.1B
Low 85.8B 89.3B 92.8B

Revenue Growth

Revenue Growth 20252026202720282029
High
7.3%
12.3%
12.7%
Avg
2.0%
4.6%
4.8%
Low
-2.1%
-0.1%
-0.8%

EPS Forecast

EPS 20252026202720282029
High 21.53 25.24 29.56
Avg 19.75 22.98 25.59
Low 15.50 15.19 15.89

EPS Growth

EPS Growth 20252026202720282029
High
25.1%
27.8%
28.6%
Avg
14.8%
16.4%
11.3%
Low
-9.9%
-23.1%
-30.9%
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.