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
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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 9 | 8 | 8 | 9 | 7 | 8 |
Buy | 9 | 9 | 9 | 8 | 8 | 8 |
Hold | 7 | 7 | 7 | 7 | 6 | 6 |
Sell | 1 | 1 | 1 | 1 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 26 | 25 | 25 | 25 | 23 | 24 |
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 | Strong Buy → Hold Downgrades $300 | Strong Buy → 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 |
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%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 7.3% | 12.3% | 12.7% | ||
Avg | 2.0% | 4.6% | 4.8% | ||
Low | -2.1% | -0.1% | -0.8% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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.