Key Points:
- FedEx shares show a modest decline despite healthy annual gains.
- Analysts hold varied opinions, with a mix of Hold and Buy ratings.
- Potential upside remains, as indicated by analyst target prices and GF Values.
Current Stock Performance
FedEx (FDX, Financial) shares recently dipped by 0.3% to $225.84, extending a six-session losing streak that saw a cumulative decline of 4%. Despite these short-term losses, FedEx has marked a 12% increase over the past year. However, this annual gain trails behind the S&P 500's rise of 7%. Analysts hold divergent views, reflected in Seeking Alpha's Quant Rating of "Hold" compared to the broader consensus of "Buy" from Wall Street.
Wall Street Analysts Forecast
According to 27 analysts' one-year price targets for FedEx Corp (FDX, Financial), the average target price stands at $264.34. The highest forecast suggests a price of $320.00, while the lowest places it at $200.00. This average price target implies a potential upside of 17.10% from the current price of $225.73. For a deeper dive into these estimates, visit the FedEx Corp (FDX) Forecast page.
Brokerage Recommendations and GF Value
With insights from 32 brokerage firms, FedEx Corp (FDX, Financial) holds an average brokerage recommendation of 2.2, categorizing it as an "Outperform." This rating operates on a scale from 1 to 5, where 1 indicates a "Strong Buy" and 5 a "Sell."
GuruFocus estimates the GF Value for FedEx Corp (FDX, Financial) at $265.56 in the next year. This suggests a possible upside of 17.64% from the current price of $225.73. The GF Value is a measure of fair value, grounded in historical trading multiples and forecasts of future business performance. For more comprehensive data, visit the FedEx Corp (FDX) Summary page.
