FedEx (NYSE:FDX) Price Target Lowered to $354.00 at TD Cowen

Posted by Sarita Garza on Jun 25th, 2026

FedEx (NYSE:FDX – Get Free Report) had its price target decreased by equities researchers at TD Cowen from $426.00 to $354.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. TD Cowen’s target price suggests a potential upside of 8.88% from the stock’s previous close.

FDX has been the topic of a number of other research reports. UBS Group dropped their price target on shares of FedEx from $445.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday. Barclays dropped their target price on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 17th. Wells Fargo & Company decreased their price objective on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating for the company in a report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft downgraded FedEx from a “buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Finally, Truist Financial set a $155.00 price target on FedEx in a report on Tuesday, June 2nd. Eighteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and an average target price of $348.83.

Read Our Latest Analysis on FDX

FedEx Stock Up 2.6%

NYSE:FDX opened at $325.14 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. The firm’s 50-day moving average price is $365.49 and its 200-day moving average price is $346.18. The company has a market capitalization of $77.58 billion, a PE ratio of 17.56, a P/E/G ratio of 1.44 and a beta of 1.28. FedEx has a 1-year low of $172.88 and a 1-year high of $345.36.

FedEx (NYSE:FDX – Get Free Report) last announced its earnings results on Tuesday, June 23rd. The shipping service provider reported $6.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.91 by $0.40. FedEx had a net margin of 4.68% and a return on equity of 16.93%. The business had revenue of $25.01 billion during the quarter, compared to the consensus estimate of $24.04 billion. During the same quarter last year, the firm earned $6.07 earnings per share. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS. On average, equities analysts predict that FedEx will post 21.59 EPS for the current fiscal year.

Insider Activity

In other news, EVP Gina F. Adams sold 20,450 shares of FedEx stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the completion of the sale, the executive vice president directly owned 19,403 shares in the company, valued at $7,110,229.35. The trade was a 51.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Susan C. Schwab sold 5,795 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total transaction of $2,138,355.00. Following the completion of the transaction, the director directly owned 10,038 shares of the company’s stock, valued at approximately $3,704,022. This represents a 36.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 48,104 shares of company stock worth $17,599,006. Company insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Ferguson Wellman Capital Management Inc. boosted its holdings in shares of FedEx by 3.2% during the first quarter. Ferguson Wellman Capital Management Inc. now owns 830 shares of the shipping service provider’s stock worth $296,000 after purchasing an additional 26 shares during the last quarter. OneAscent Financial Services LLC increased its stake in FedEx by 1.7% in the fourth quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock valued at $491,000 after purchasing an additional 29 shares during the last quarter. Whipplewood Advisors LLC increased its stake in FedEx by 9.9% in the first quarter. Whipplewood Advisors LLC now owns 333 shares of the shipping service provider’s stock valued at $119,000 after purchasing an additional 30 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in FedEx by 11.9% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 283 shares of the shipping service provider’s stock worth $101,000 after buying an additional 30 shares during the period. Finally, Arete Wealth Advisors LLC lifted its position in FedEx by 1.7% during the fourth quarter. Arete Wealth Advisors LLC now owns 1,778 shares of the shipping service provider’s stock worth $514,000 after buying an additional 30 shares during the period. 84.47% of the stock is currently owned by institutional investors and hedge funds.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

Positive Sentiment: FedEx reported stronger-than-expected fiscal Q4 results, with EPS of $6.31 and revenue of $25.01 billion, both ahead of analyst estimates, and revenue rose 12.5% year over year. FedEx Reports Strong Fourth Quarter and Full-Year Results
Positive Sentiment: Management and analysts highlighted improving underlying momentum, including strong package volumes, better yields, cost-cutting progress, and potential shareholder value from the freight spin-off and debt reduction. FedEx’s Earnings Drop May Be Missing the Bigger Freight Story
Neutral Sentiment: Bank of America and other analysts said the post-earnings selloff may be driven by “near-term noise,” especially confusion around FedEx’s reporting/calendar transition rather than a clear operational slowdown. FedEx strong underlying momentum highlighted by Bank of America
Negative Sentiment: FedEx stock is falling because its fiscal 2027 EPS guidance of $16.90 to $18.10 came in below Wall Street expectations, overshadowing the beat and raising concerns about near-term earnings power. FedEx shares drop on weak profit forecast as Q4 results top estimates
Negative Sentiment: Margins also disappointed, with investors reacting to pressure in the core delivery business and the transition effects from the FedEx Freight spin-off, which is adding uncertainty to the story. FedEx drops on margin hit as investors gauge freight spin-off fortunes

About FedEx

(Get Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.