On May 13, 2025, FedEx (FDX, Financial) saw its price target adjusted by B of A Securities. Despite a slight reduction in the price target, the stock rating was maintained. Analyst Ken Hoexter continues to recommend FDX with a "Buy" rating.
The price target for FedEx (FDX, Financial) was lowered from USD 272.00 to USD 270.00, reflecting a modest decrease of 0.74%. This adjustment suggests a cautious approach while maintaining an optimistic outlook on the stock.
Investors in FedEx (FDX, Financial) can note that the current price target, as adjusted by B of A Securities, aligns closely with the previous expectations. The "Buy" rating indicates continued confidence in the company's performance and potential for growth despite the minor adjustment in price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for FedEx Corp (FDX, Financial) is $278.04 with a high estimate of $354.00 and a low estimate of $200.00. The average target implies an upside of 19.36% from the current price of $232.95. More detailed estimate data can be found on the FedEx Corp (FDX) Forecast page.
Based on the consensus recommendation from 32 brokerage firms, FedEx Corp's (FDX, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for FedEx Corp (FDX, Financial) in one year is $263.63, suggesting a upside of 13.17% from the current price of $232.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the FedEx Corp (FDX) Summary page.
