FedEx (FDX) Stock Forecast, Price Target & Predictions

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FDX Stock Forecast

FedEx stock forecast is as follows: an average price target of $281.36 (represents a -3.99% downside from FDX’s last price of $293.06) and a rating consensus of 'Buy', based on 28 wall street analysts offering a 1-year stock forecast.

FDX Price Target

The average price target for FedEx (FDX) is $281.36 based on 1-year price targets from 28 Wall Street analysts in the past 3 months, with a price target range of $350.00 to $166.00. This represents a potential -3.99% downside from FDX's last price of $293.06.

FDX Analyst Ratings

Buy

According to 28 Wall Street analysts, FedEx's rating consensus is 'Buy'. The analyst rating breakdown for FDX stock is 0 'Strong Buy' (0.00%), 20 'Buy' (71.43%), 5 'Hold' (17.86%), 3 'Sell' (10.71%), and 0 'Strong Sell' (0.00%).

FedEx Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 08, 2024	Ariel Rosa	Citigroup	$301.00	$261.40	15.15%	2.71%
Sep 23, 2024	Rick Paterson	Loop Capital Markets	$288.00	$254.64	13.10%	-1.73%
Sep 20, 2024	Daniel Imbro	Stephens	$350.00	$260.50	34.36%	19.43%
Sep 20, 2024	Jordan Alliger	Goldman Sachs	$328.00	$260.50	25.91%	11.92%
Sep 20, 2024	Ken Hoexter	Bank of America Securities	$308.00	$253.93	21.29%	5.10%
Sep 20, 2024	Fadi Chamoun	BMO Capital	$300.00	$255.97	17.20%	2.37%
Sep 20, 2024	Parash Jain	HSBC	$300.00	$300.39	-0.13%	2.37%
Sep 20, 2024	Patrick Tyler Brown	Raymond James	$310.00	$253.94	22.07%	5.78%
Sep 20, 2024	Stephanie Moore	Jefferies	$275.00	$253.78	8.36%	-6.16%
Sep 20, 2024	Bascome Majors	Susquehanna	$330.00	$253.78	30.03%	12.60%

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The latest FedEx stock forecast, released on Oct 08, 2024 by Ariel Rosa from Citigroup, set a price target of $301.00, which represents a 15.15% increase from the stock price at the time of the forecast ($261.40), and a 2.71% increase from FDX last price ($293.06).

FedEx Price Target by Period

	1M	3M	12M
# Anlaysts	-	14	35
Avg Price Target	-	$314.86	$313.66
Last Closing Price	$293.06	$293.06	$293.06
Upside/Downside	-100.00%	7.44%	7.03%

In the current month, the average price target of FedEx stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to FedEx's last price of $293.06. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 09, 2024	UBS	Market Perform	Market Perform	Hold
Oct 09, 2024	Wolfe Research	Outperform	Outperform	Hold
Sep 23, 2024	Loop Capital Markets	Hold	Hold	Hold
Sep 20, 2024	Stephens	Overweight	Overweight	Hold
Sep 20, 2024	BMO Capital	Perform	Perform	Hold
Sep 20, 2024	Bank of America Securities	Buy	Buy	Hold
Sep 20, 2024	HSBC	Buy	Hold	Downgrade
Sep 20, 2024	Raymond James	Outperform	Outperform	Hold
Sep 20, 2024	Cowen & Co.	Buy	Buy	Hold
Sep 20, 2024	Jefferies	Hold	Hold	Hold

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FedEx's last stock rating was published by UBS on Oct 09, 2024. The company gave FDX a "Market Perform" rating, the same as its previous rate.

FedEx Financial Forecast

FedEx Revenue Forecast

	May 27	Mar 27	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20	Aug 20	May 20	Mar 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$21.68B	$21.93B	-	-	$23.24B	$24.39B	-	-	$22.00B	$22.57B	-	-	$19.32B	$17.36B	-
Avg Forecast	$25.39B	$23.92B	$23.70B	$23.77B	$23.92B	$23.24B	$23.13B	$22.62B	$22.58B	$22.23B	$22.22B	$21.83B	$22.02B	$21.95B	$22.31B	$21.74B	$22.55B	$22.72B	$23.70B	$23.61B	$24.50B	$23.41B	$22.41B	$21.93B	$21.52B	$19.96B	$19.43B	$17.55B	$16.41B	$16.89B
High Forecast	$25.98B	$24.47B	$24.25B	$24.32B	$24.48B	$23.78B	$23.67B	$23.15B	$23.10B	$22.68B	$22.56B	$21.93B	$22.03B	$21.95B	$22.59B	$22.25B	$23.07B	$23.24B	$24.25B	$24.07B	$24.98B	$23.87B	$22.85B	$22.35B	$21.94B	$20.35B	$19.81B	$17.89B	$16.73B	$17.22B
Low Forecast	$24.96B	$23.51B	$23.29B	$23.37B	$23.51B	$22.84B	$22.74B	$22.24B	$22.19B	$21.91B	$21.85B	$21.74B	$22.01B	$21.95B	$21.99B	$21.37B	$22.16B	$22.33B	$23.30B	$23.22B	$24.10B	$23.03B	$22.05B	$21.57B	$21.17B	$19.64B	$19.11B	$17.26B	$16.14B	$16.62B
# Analysts	7	6	6	6	6	6	5	5	5	13	13	12	10	9	12	6	6	6	5	5	5	5	10	10	10	8	9	9	12	17
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	0.97%	-	-	0.98%	1.00%	-	-	1.00%	1.05%	-	-	1.10%	1.06%	-

FedEx's average Quarter revenue forecast for Dec 23 based on 12 analysts is $22.31B, with a low forecast of $21.99B, and a high forecast of $22.59B. FDX's average Quarter revenue forecast represents a 2.92% increase compared to the company's last Quarter revenue of $21.68B (Aug 23).

FedEx EBITDA Forecast

	May 27	Mar 27	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20	Aug 20	May 20	Mar 20
# Analysts	7	6	6	6	6	6	5	5	5	13	13	12	10	9	12	6	6	6	5	5	5	5	10	10	10	8	9	9	12	17
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.49B	$3.04B	-	-	$2.29B	$2.04B	-	-	$2.59B	$3.59B	-	-	$2.53B	$608.00M	-
Avg Forecast	$2.96B	$2.78B	$2.76B	$2.77B	$2.78B	$2.71B	$2.69B	$2.63B	$2.63B	$2.59B	$2.59B	$2.54B	$2.56B	$2.89B	$2.60B	$2.53B	$2.62B	$2.63B	$2.28B	$2.69B	$2.79B	$2.39B	$2.55B	$2.49B	$2.45B	$3.58B	$2.21B	$2.00B	$1.87B	$1.33B
High Forecast	$3.02B	$2.85B	$2.82B	$2.83B	$2.85B	$2.77B	$2.75B	$2.69B	$2.69B	$2.64B	$2.63B	$2.55B	$2.56B	$3.47B	$2.63B	$2.59B	$2.68B	$3.15B	$2.73B	$2.74B	$2.84B	$2.86B	$2.60B	$2.54B	$2.50B	$4.30B	$2.25B	$2.04B	$1.90B	$1.59B
Low Forecast	$2.90B	$2.74B	$2.71B	$2.72B	$2.74B	$2.66B	$2.65B	$2.59B	$2.58B	$2.55B	$2.54B	$2.53B	$2.56B	$2.31B	$2.56B	$2.49B	$2.58B	$2.10B	$1.82B	$2.64B	$2.74B	$1.91B	$2.51B	$2.45B	$2.41B	$2.86B	$2.17B	$1.96B	$1.84B	$1.06B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	1.16%	-	-	0.85%	0.73%	-	-	1.04%	1.47%	-	-	1.27%	0.33%	-

12 analysts predict FDX's average Quarter EBITDA for Dec 23 to be $2.60B, with a high of $2.63B and a low of $2.56B. This is 4.13% upper than FedEx's previous annual EBITDA (Aug 23) of $2.49B.

FedEx Net Income Forecast

	May 27	Mar 27	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20	Aug 20	May 20	Mar 20
# Analysts	7	6	6	6	6	6	5	5	5	13	13	12	10	9	12	6	6	6	5	5	5	5	10	10	10	8	9	9	12	17
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.08B	$1.54B	-	-	$875.00M	$558.00M	-	-	$1.11B	$1.87B	-	-	$1.25B	$-334.00M	-
Avg Forecast	$2.03B	$1.46B	$1.42B	$1.59B	$1.81B	$1.29B	$1.32B	$1.28B	$1.72B	$1.22B	$1.01B	$1.09B	$1.32B	$1.36B	$1.03B	$917.76M	$1.20B	$1.24B	$1.00B	$1.27B	$1.70B	$1.12B	$1.06B	$1.21B	$1.24B	$825.72M	$991.55M	$666.92M	$390.28M	$315.00M
High Forecast	$2.09B	$1.50B	$1.47B	$1.64B	$1.86B	$1.33B	$1.36B	$1.32B	$1.77B	$1.42B	$1.23B	$1.12B	$1.32B	$1.63B	$1.13B	$945.40M	$1.24B	$1.48B	$1.20B	$1.30B	$1.74B	$1.35B	$1.08B	$1.24B	$1.27B	$990.87M	$1.02B	$683.83M	$400.18M	$378.00M
Low Forecast	$1.99B	$1.43B	$1.39B	$1.55B	$1.77B	$1.26B	$1.30B	$1.25B	$1.68B	$791.71M	$696.88M	$1.06B	$1.32B	$1.09B	$906.16M	$897.38M	$1.17B	$989.10M	$800.66M	$1.25B	$1.66B	$899.19M	$1.04B	$1.18B	$1.22B	$660.58M	$970.57M	$652.81M	$382.02M	$252.00M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.17%	1.28%	-	-	0.69%	0.33%	-	-	0.92%	1.50%	-	-	1.87%	-0.86%	-

FedEx's average Quarter net income forecast for Dec 23 is $1.03B, with a range of $906.16M to $1.13B. FDX's average Quarter net income forecast represents a -4.66% decrease compared to the company's last Quarter net income of $1.08B (Aug 23).

FedEx SG&A Forecast

	May 27	Mar 27	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20	Aug 20	May 20	Mar 20
# Analysts	7	6	6	6	6	6	5	5	5	13	13	12	10	9	12	6	6	6	5	5	5	5	10	10	10	8	9	9	12	17
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$2.96B	$2.79B	$2.76B	$2.77B	$2.79B	$2.71B	$2.70B	$2.64B	$2.63B	$2.59B	$2.59B	$2.55B	$2.57B	$2.56B	$2.60B	$2.53B	$2.63B	$2.65B	$2.76B	$3.47B	$3.60B	$3.44B	$3.29B	$3.22B	$3.16B	$2.93B	$2.85B	$2.58B	$2.41B	$2.48B
High Forecast	$3.03B	$2.85B	$2.83B	$2.84B	$2.85B	$2.77B	$2.76B	$2.70B	$2.69B	$2.64B	$2.63B	$2.56B	$2.57B	$2.56B	$2.63B	$2.59B	$2.69B	$2.71B	$2.83B	$3.54B	$3.67B	$3.51B	$3.36B	$3.28B	$3.22B	$2.99B	$2.91B	$2.63B	$2.46B	$2.53B
Low Forecast	$2.91B	$2.74B	$2.72B	$2.72B	$2.74B	$2.66B	$2.65B	$2.59B	$2.59B	$2.55B	$2.55B	$2.53B	$2.57B	$2.56B	$2.56B	$2.49B	$2.58B	$2.60B	$2.72B	$3.41B	$3.54B	$3.38B	$3.24B	$3.17B	$3.11B	$2.89B	$2.81B	$2.54B	$2.37B	$2.44B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

FedEx's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to FDX last annual SG&A of $NaN (undefined).

FedEx EPS Forecast

	May 27	Mar 27	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20	Aug 20	May 20	Mar 20
# Analysts	7	6	6	6	6	6	5	5	5	13	13	12	10	9	12	6	6	6	5	5	5	5	10	10	10	8	9	9	12	17
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.28	$6.06	-	-	$3.37	$2.14	-	-	$4.17	$6.89	-	-	$4.75	$-1.28	-
Avg Forecast	$8.21	$5.90	$5.75	$6.42	$7.30	$5.23	$5.36	$5.19	$6.96	$4.92	$4.09	$4.40	$5.33	$3.46	$4.16	$3.71	$4.85	$2.71	$2.81	$5.14	$6.87	$4.65	$4.28	$4.87	$5.02	$3.30	$4.01	$2.70	$1.58	$1.41
High Forecast	$8.46	$6.08	$5.92	$6.61	$7.52	$5.38	$5.52	$5.34	$7.17	$5.75	$4.96	$4.53	$5.34	$3.48	$4.56	$3.82	$5.00	$2.80	$2.89	$5.27	$7.04	$4.77	$4.39	$5.00	$5.15	$3.39	$4.11	$2.76	$1.62	$1.45
Low Forecast	$8.03	$5.77	$5.62	$6.28	$7.14	$5.11	$5.24	$5.07	$6.81	$3.20	$2.82	$4.30	$5.33	$3.44	$3.66	$3.63	$4.75	$2.65	$2.74	$5.03	$6.72	$4.55	$4.19	$4.77	$4.92	$3.23	$3.92	$2.64	$1.54	$1.38
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.15%	1.25%	-	-	0.66%	0.31%	-	-	0.86%	1.37%	-	-	1.76%	-0.81%	-

According to 12 Wall Street analysts, FedEx's projected average Quarter EPS for Dec 23 is $4.16, with a low estimate of $3.66 and a high estimate of $4.56. This represents a -2.91% decrease compared to FDX previous annual EPS of $4.28 (Aug 23).

FedEx Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
FWRD	Forward Air	$34.47	$73.83	114.19%	Buy
HUBG	Hub Group	$50.00	$86.62	73.24%	Hold
EXPD	Expeditors of Washington	$118.03	$155.57	31.81%	Hold
GXO	GXO Logistics	$58.72	$64.14	9.23%	Buy
JBHT	J.B. Hunt Transport Services	$180.18	$192.60	6.89%	Buy
CHRW	C.H. Robinson Worldwide	$109.08	$104.90	-3.83%	Buy
FDX	FedEx	$293.06	$281.36	-3.99%	Buy
LSTR	Landstar System	$180.41	$166.60	-7.65%	Hold

FDX Forecast FAQ

Is FedEx a good buy?

Yes, according to 28 Wall Street analysts, FedEx (FDX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 20 'Buy' recommendations, accounting for 71.43% of FDX's total ratings.

What is FDX's price target?

FedEx (FDX) average price target is $281.36 with a range of $166 to $350, implying a -3.99% from its last price of $293.06. The data is based on 28 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will FedEx stock go up soon?

According to Wall Street analysts' prediction for FDX stock, the company can go down by -3.99% (from the last price of $293.06 to the average price target of $281.36), up by 19.43% based on the highest stock price target, and down by -43.36% based on the lowest stock price target.

Can FedEx stock reach $400?

FDX's average twelve months analyst stock price target of $281.36 does not support the claim that FedEx can reach $400 in the near future.

What are FedEx's analysts' financial forecasts?

FedEx's analysts financial forecasts for the fiscal year (May 2026) are as follows: average revenue is $92.92B (high $95.07B, low $91.33B), average EBITDA is $10.82B (high $11.07B, low $10.63B), average net income is $5.71B (high $5.88B, low $5.58B), average SG&A $10.83B (high $11.08B, low $10.65B), and average EPS is $23.07 (high $23.77, low $22.56). FDX's analysts financial forecasts for the fiscal year (May 2027) are as follows: average revenue is $96.78B (high $99.02B, low $95.13B), average EBITDA is $11.26B (high $11.53B, low $11.07B), average net income is $6.5B (high $6.7B, low $6.36B), average SG&A $11.28B (high $11.54B, low $11.09B), and average EPS is $26.28 (high $27.07, low $25.7).

Did the FDX's actual financial results beat the analysts' financial forecasts?

Based on FedEx's last annual report (May 2023), the company's revenue was $90.16B, which missed the average analysts forecast of $92.57B by -2.61%. Apple's EBITDA was $9.94B, missing the average prediction of $10.21B by -2.66%. The company's net income was $3.97B, missing the average estimation of $4.71B by -15.67%. Apple's SG&A was $0, missing the average forecast of $11.51B by -100.00%. Lastly, the company's EPS was $15.63, beating the average prediction of $15.52 by 0.72%. In terms of the last quarterly report (Aug 2023), FedEx's revenue was $21.68B, missing the average analysts' forecast of $21.74B by -0.28%. The company's EBITDA was $2.49B, missing the average prediction of $2.53B by -1.44%. FedEx's net income was $1.08B, beating the average estimation of $917.76M by 17.46%. The company's SG&A was $0, missing the average forecast of $2.53B by -100.00%. Lastly, the company's EPS was $4.28, beating the average prediction of $3.71 by 15.35%