FedEx (FDX)
(Delayed Data from NYSE)
$260.84 USD
-1.24 (-0.47%)
Updated Oct 4, 2024 04:00 PM ET
After-Market: $260.63 -0.21 (-0.08%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth C Momentum A VGM
FedEx (FDX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$311.42 | $351.00 | $200.00 | 18.83% |
Price Target
Based on short-term price targets offered by 26 analysts, the average price target for FedEx comes to $311.42. The forecasts range from a low of $200.00 to a high of $351.00. The average price target represents an increase of 18.83% from the last closing price of $262.08.
Analyst Price Targets (26)
Broker Rating
FedEx currently has an average brokerage recommendation (ABR) of 1.90 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 27 brokerage firms. The current ABR compares to an ABR of 1.74 a month ago based on 27 recommendations.
Of the 27 recommendations deriving the current ABR, 16 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 59.26% and 3.7% of all recommendations. A month ago, Strong Buy made up 62.96%, while Buy represented 7.41%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 16 | 16 | 17 | 17 | 17 |
Buy | 1 | 1 | 2 | 2 | 2 |
Hold | 8 | 8 | 7 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 1 | 1 | 1 |
ABR | 1.90 | 1.90 | 1.74 | 1.74 | 1.74 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/23/2024 | Loop Capital Markets | Rick Paterson | Hold | Hold |
9/20/2024 | Not Identified | Not Identified | Hold | Hold |
9/20/2024 | Not Identified | Not Identified | Strong Buy | Hold |
9/18/2024 | Raymond James | Patrick T Brown | Moderate Buy | Moderate Buy |
9/17/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/17/2024 | BMO Capital Markets | Fadi Chamoun | Hold | Hold |
9/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/13/2024 | Susquehanna Financial Group | Bascome Majors | Strong Buy | Strong Buy |
9/11/2024 | Daiwa America | Jairam Nathan | Moderate Buy | Hold |
8/23/2024 | Cowen & Co. | Jason H Seidl | Not Available | Strong Buy |
8/16/2024 | UBS | Thomas R Wadewitz | Strong Buy | Strong Buy |
7/24/2024 | Not Identified | Not Identified | Hold | Hold |
6/27/2024 | Argus Research Corp. | John M Eade | Not Available | Strong Buy |
6/26/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/26/2024 | Goldman Sachs | Jordan R Alliger | Strong Buy | Strong Buy |
6/26/2024 | Robert W. Baird & Co. | Garrett A Holland | Strong Buy | Strong Buy |
6/26/2024 | Not Identified | Not Identified | Hold | Hold |
6/26/2024 | Stephens | Daniel Imbro | Strong Buy | Strong Buy |
6/24/2024 | Evercore Partners | Jonathan B Chappell | Strong Buy | Strong Buy |
6/18/2024 | Wells Fargo Securities | Christian Wetherbee | Not Available | Hold |
3/27/2024 | Exane BNP Paribas | Robert Joynson | Not Available | Strong Sell |
3/27/2024 | Atlantic Equities | Oliver Holmes | Strong Buy | Strong Buy |
1/8/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.90 |
ABR (Last week) | 1.90 |
# of Recs in ABR | 27 |
Average Target Price | $311.42 |
LT Growth Rate | 12.70% |
Industry | Transportation - Air Freight and Cargo |
Industry Rank by ABR | 102 of 252 |
Current Quarter EPS Est: | 3.93 |
FDX FAQs
FedEx Corporation (FDX) currently has an average brokerage recommendation (ABR) of 1.90 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 27 brokerage firms.
The average price target for FedEx Corporation (FDX) is $311.42. The current on short-term price targets is based on 11 reports.
The forecasts for FedEx Corporation (FDX) range from a low of $200 to a high of $351. The average price target represents a increase of $19.39 from the last closing price of $260.84.
The current UPSIDE for FedEx Corporation (FDX) is 19.39%
Based on short-term price targets offered by 26 analysts, the average price target for FedEx comes to $311.42. The forecasts range from a low of $200.00 to a high of $351.00. The average price target represents an increase of 18.83% from the last closing price of $262.08.