FedEx Corporation (FDX)
NYSE: FDX · IEX Real-Time Price · USD
306.31
-0.31 (-0.10%)
At close: Jul 19, 2024, 4:00 PM
307.10
+0.79 (0.26%)
Pre-market: Jul 22, 2024, 4:00 AM EDT
FedEx Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for FedEx stock have an average target of 314.48, with a low estimate of 215 and a high estimate of 359. The average target predicts an increase of 2.67% from the current stock price of 306.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FedEx stock from 25 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 8 | 8 |
| Buy | 8 | 9 | 9 | 9 | 9 | 9 |
| Hold | 6 | 7 | 7 | 7 | 7 | 7 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 26 | 26 | 26 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Maintains $325 → $335 | Strong Buy | Maintains | $325 → $335 | +9.37% | Jun 27, 2024 |
| Raymond James | Raymond James | Buy Maintains $300 → $335 | Buy | Maintains | $300 → $335 | +9.37% | Jun 26, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jun 26, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $275 → $300 | Hold | Maintains | $275 → $300 | -2.06% | Jun 26, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $303 → $327 | Strong Buy | Reiterates | $303 → $327 | +6.75% | Jun 26, 2024 |
Financial Forecast
Revenue This Year
91.43B
from 87.69B
Increased by 4.26%
Revenue Next Year
95.25B
from 91.43B
Increased by 4.18%
EPS This Year
21.24
from 17.21
Increased by 23.40%
EPS Next Year
23.80
from 21.24
Increased by 12.09%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 97.4B | 101.9B | 109.8B | 116.1B | 121.5B |
| Avg | 91.4B | 95.2B | 102.5B | 107.6B | 116.9B |
| Low | 84.9B | 85.2B | 96.5B | 100.5B | 113.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.0% | 11.4% | 15.2% | 13.2% | 12.9% |
| Avg | 4.3% | 4.2% | 7.6% | 5.0% | 8.6% |
| Low | -3.2% | -6.8% | 1.3% | -2.0% | 5.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 24.11 | 27.09 | 34.25 | 38.07 | 40.44 |
| Avg | 21.24 | 23.80 | 29.81 | 31.37 | 38.90 |
| Low | 15.49 | 14.97 | 25.87 | 25.34 | 37.74 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 40.1% | 27.6% | 43.9% | 27.7% | 28.9% |
| Avg | 23.4% | 12.1% | 25.2% | 5.3% | 24.0% |
| Low | -10.0% | -29.5% | 8.7% | -15.0% | 20.3% |
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.