FedEx (FDX) PT Raised to $339 at Evercore ISI

FedEx (FDX) PT Raised to $335 at Argus

Argus analyst John Eade raised the price target on FedEx (NYSE: FDX) to $335.00 (from $325.00) while maintaining a Buy rating.

The analyst comments "Our rating on FedEx Corp. (NYSE: FDX) is BUY. This large-cap blue-chip industrial... More

FedEx (FDX) PT Raised to $335 at TD Cowen

TD Cowen analyst Helane Becker raised the price target on FedEx (NYSE: FDX) to $335.00 (from $320.00) while maintaining a Buy rating.

The analyst comments "FDX reported May quarter adj EPS of $5.41, below our estimate of $5.48 but beating consensus by 1.2%. The company guided FY25... More

JPMorgan Upgrades FedEx (FDX) to Overweight 'on Strategic Options in Freight'

JPMorgan analyst Brian Ossenbeck upgraded FedEx (NYSE: FDX) from Neutral to Overweight with a price target of $359.00 (from $296.00).

The analyst comments "We are upgrading shares of FedEx to Overweight and establishing a Dec 2025 price target of $359 after the company took the surprising step of pursuing strategic options for the Freight segment, which is currently embedded in FDX trading at 6.7x versus pure-play peers at 13.3x on NTM EV/EBITDA. Capitalizing on this valuation disconnect through a potential spin-off would be a positive for the rest of the LTL... More

Jefferies Reiterates Hold Rating on FedEx (FDX)

Jefferies analyst Stephanie Moore reiterated a Hold rating and $300.00 price target on FedEx (NYSE: FDX).

The analyst comments "FDX reported an in-line F4Q24 while also providing initial FY25 guidance that was also in-line. For the year-ahead the company expected EPS to be between $20 -... More

After-hours movers: FedEx reports strong results, Rivian surges on pact with VW

After-Hours Stock Movers:

FedEx (NYSE: FDX) rose 15% after it beat EPS estimates for its fourth quarter. Management said they expect recent momentum to continue in fiscal 2025, and the shipping giant issued stronger than expected guidance for the... More

FedEx stock surges as profit forecast tops analyst expectations

FedEx Corp (NYSE: FDX) shares soared by more than 8% in afterhours trading after the company reported fourth-quarter earnings that surpassed Wall Street expectations and provided a strong earnings forecast for fiscal 2025.

The logistics giant posted adjusted earnings per share (EPS) of $5.41, edging out the analyst consensus of $5.34. Revenue for the quarter stood... More

FedEx eyes fiscal 2025 profit just above Wall St target, shares soar

By Lisa Baertlein and Ananta Agarwal

(Reuters) - FedEx on Tuesday forecast fiscal 2025 profit above analysts' estimates, and shares in the delivery giant soared as executives said slashing expenses and consolidating operations would bolster returns even as demand remained weak for package deliveries.

Shares of FedEx jumped 14% in extended trading as the Memphis-based company targeted fiscal 2025 earnings of $20 to $22 per share - the midpoint of which was slightly above analysts' estimate of $20.92. The company is also weighing whether to will keep or sell its freight trucking business that generated revenue of $2.3 billion in the latest quarter.

FedEx (FDX) Tops Q4 EPS by 7c, Offers Guidance

FedEx (NYSE: FDX) reported Q4 EPS of $5.41, $0.07 better than the analyst estimate of $5.34. Revenue for the quarter came in at $22.1 billion versus the consensus estimate of $22.05 billion.

GUIDANCE:

FedEx sees FY2025 EPS of $20.00-$22.00, versus the consensus of $20.85.

FedEx (FDX) July 5 weekly 220 and 225 puts are active into quarter results

FedEx (NYSE: FDX) June weekly call option implied volatility is at 85, July is at 41; compared to its 52-week range of 18 to 38 into the expected release of quarter results today after the bell. July 5 weekly 220 and 225 puts are active between bid ask spread.

FedEx earnings preview: Analysts discuss key focus areas for the FQ4 report

FedEx Corp. (NYSE: FDX) is set to report its fiscal Q4 earnings following the market close on Tuesday. With the fiscal year coming to a close, the new guidance will extend into 2025.

For the quarter, Wall Street analysts expect earnings per share (EPS) of $5.34 on sales of $22 billion, compared to EPS of $4.94 on sales of $21.9 billion the company reported a year ago.

Including the fiscal fourth-quarter estimates, FedEx is projected to earn around $17.77 for the full year, which is close to the midpoint of its initial guidance range.

Looking ahead, analysts predict... More

FedEx (FDX) July 5 weekly 280 and 300 calls active into quarter results

FedEx (NYSE: FDX) June weekly 256 straddle priced for a move of 7.5% into the expected release of quarter results today after the bell with a focus on July 5 weekly 280 and 300 calls.

FedEx (FDX) out of the money June weekly 300 and 340 calls active into quarter results

FedEx (NYSE: FDX) June weekly call option implied volatility is at 85, July is at 41; compared to its 52-week range of 18 to 38 into the expected release of quarter results after the bell on June 25. June weekly 300 and 340 calls.

Dow Jones, Nasdaq, S&P 500 weekly preview: Markets brace for Micron earnings

The S&P 500 dipped on Friday as shares of market darling Nvidia (NASDAQ: NVDA) fell for the second consecutive day. The broad market index declined by 0.16%, closing at 5,464.62, while the Nasdaq Composite dropped 0.18% to 17,689.36. The Dow Jones Industrial Average inched up 15.57 points, or 0.04%, to end at 39,150.33.

Nvidia shares fell 3.2%, following a drop of over 3% on Thursday after hitting an all-time high. Despite this, the chipmaker remains up 155% year-to-date and briefly surpassed Microsoft (NASDAQ: MSFT) as the most valuable public company earlier in the... More