FedEx (FDX, Financial) anticipates its revenue for the first quarter to remain relatively stable, potentially increasing by up to 2%. This forecast reflects the company's cautious outlook amid the current economic environment. Investors are encouraged to closely examine these figures to better understand FedEx's performance and make informed financial decisions.
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 $271.34 with a high estimate of $330.00 and a low estimate of $200.00. The average target implies an upside of 18.47% from the current price of $229.04. 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 $263.24, suggesting a upside of 14.93% from the current price of $229.04. 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.
