FedEx (NYSE:FDX) Issues FY 2026 Earnings Guidance

FedEx (NYSE:FDX) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 18.000-18.600 for the period, compared to the consensus earnings per share estimate of 17.850. The company issued revenue guidance of $98.4 billion, compared to the consensus revenue estimate of $91.6 billion.

Analysts Set New Price Targets

FDX has been the subject of several analyst reports. JPMorgan Chase & Co. increased their price objective on shares of FedEx from $399.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday. Wall Street Zen raised FedEx to a “hold” rating in a research report on Saturday, August 8th. Evercore increased their price target on FedEx from $350.00 to $351.00 in a research report on Monday, September 28th. Citizens Jmp assumed coverage on FedEx in a report on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price target on the stock. Finally, BNP Paribas Exane boosted their price objective on FedEx from $269.80 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $365.84.

FedEx Trading Up 1.0%

Shares of FDX stock opened at $307.55 on Friday. FedEx has a 12-month low of $198.00 and a 12-month high of $345.36. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. The company has a 50 day moving average of $304.55 and a 200-day moving average of $337.13. The firm has a market cap of $72.79 billion, a P/E ratio of 18.91, a PEG ratio of 1.23 and a beta of 1.28.

FedEx (NYSE:FDX) last released its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.40. The business had revenue of $22.93 billion during the quarter, compared to the consensus estimate of $22.73 billion. FedEx had a return on equity of 16.15% and a net margin of 4.09%. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the business posted $3.83 earnings per share. Sell-side analysts anticipate that FedEx will post 18.27 earnings per share for the current year.

FedEx Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were issued a $1.22 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $4.88 annualized dividend and a yield of 1.6%. FedEx’s dividend payout ratio (DPR) is 26.36%.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx reported adjusted earnings of $3.74 per share, exceeding the $3.34 analyst consensus, while revenue reached approximately $22.9 billion versus expectations of $22.73 billion. Higher shipping yields, stronger package volumes and network savings supported the results. FedEx beats expectations, raises outlook
• Positive Sentiment: Management raised its 2026 outlook, including roughly 12% revenue growth and adjusted EPS guidance of about $18.60, signaling confidence that pricing, volume growth and cost reductions can offset industry headwinds. FedEx forecasts annual profit above estimates
• Positive Sentiment: FedEx reportedly repurchased $2 billion of stock during the quarter, with additional authorization remaining. Buybacks could support per-share earnings and indicate management views the shares as attractive. FedEx revenue growth and buybacks
• Positive Sentiment: JPMorgan raised its price target to $400 while maintaining an Overweight rating, and HSBC upgraded FedEx to Buy with a $370 target. These actions reinforce the improving analyst view following the earnings report. JPMorgan FedEx rating

FedEx Company Profile

FedEx Corporation (NYSE: FDX) is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.