FedEx Corporation (FDX)
NYSE: FDX · IEX Real-Time Price · USD
266.07
-5.68 (-2.09%)
At close: Apr 24, 2024, 4:00 PM
265.99
-0.08 (-0.03%)
After-hours: Apr 24, 2024, 7:59 PM EDT
FedEx Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for FedEx stock have an average target of 300.33, with a low estimate of 210 and a high estimate of 351. The average target predicts an increase of 12.88% from the current stock price of 266.07.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FedEx stock from 26 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 9 | 9 | 9 | 9 |
| Buy | 8 | 8 | 8 | 8 | 9 | 9 |
| Hold | 8 | 7 | 6 | 6 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 23 | 23 | 23 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $306 → $303 | Strong Buy | Maintains | $306 → $303 | +13.88% | Apr 3, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $346 → $340 | Strong Buy | Maintains | $346 → $340 | +27.79% | Apr 2, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Hold → Sell Downgrades $250 | Hold → Sell | Downgrades | $250 | -6.04% | Mar 27, 2024 |
| Jefferies | Jefferies | Hold Maintains $265 → $300 | Hold | Maintains | $265 → $300 | +12.75% | Mar 22, 2024 |
| UBS | UBS | Strong Buy Maintains $323 → $340 | Strong Buy | Maintains | $323 → $340 | +27.79% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
88.61B
from 90.16B
Decreased by -1.72%
Revenue Next Year
91.71B
from 88.61B
Increased by 3.51%
EPS This Year
17.95
from 15.48
Increased by 15.93%
EPS Next Year
21.40
from 17.95
Increased by 19.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 92.8B | 97.4B | 103.1B | 110.5B | 117.5B |
| Avg | 88.6B | 91.7B | 95.7B | 104.9B | 110.4B |
| Low | 85.5B | 84.9B | 85.2B | 100.5B | 104.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.9% | 9.9% | 12.4% | 15.5% | 12.0% |
| Avg | -1.7% | 3.5% | 4.3% | 9.7% | 5.3% |
| Low | -5.2% | -4.2% | -7.1% | 5.0% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.96 | 24.47 | 27.53 | 34.24 | 37.41 |
| Avg | 17.95 | 21.40 | 23.83 | 29.49 | 31.19 |
| Low | 16.91 | 15.66 | 14.81 | 25.26 | 25.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.5% | 36.3% | 28.7% | 43.7% | 26.9% |
| Avg | 15.9% | 19.2% | 11.3% | 23.8% | 5.8% |
| Low | 9.2% | -12.7% | -30.8% | 6.0% | -13.1% |
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.