FDX trades 5.2% below Wall Street's consensus target of $343.24.
Last 12 months price action with 12-month analyst target path
The base valuation assumes FDX achieves its forward estimates and maintains a stable P/E multiple of 16.4x. This scenario reflects the blended consensus of 49 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, FedEx Corporation (FDX) has a Wall Street consensus price target of $343.24, based on estimates from 49 covering analysts. With the stock currently trading at $326.20, this represents a potential upside of +5.2%. The company has a market capitalization of $77.83B.
Analyst price targets range from a low of $155.00 to a high of $479.00, representing a 94% spread in expectations. The median target of $355.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 28 analysts rating the stock as a Buy or Strong Buy,18 rating it Hold, and 3 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, FDX trades at a trailing P/E of 19.4x and forward P/E of 16.4x. The forward PEG ratio of 0.59 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +7.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $430.80, with bear and bull scenarios of $271.40 and $567.62 respectively. Model confidence stands at 60/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
UPSUnited Parcel Service, Inc. | $89.2B | $105.00 | $115.23 | +9.7% | Hold | 14.8x | 45 |
XPOXPO Logistics, Inc. | $23.4B | $199.50 | $220.00 | +10.3% | Buy | 40.5x | 32 |
ODFLOld Dominion Freight Line, Inc. | $46.1B | $221.04 | $217.50 | -1.6% | Hold | 40.5x | 36 |
SAIASaia, Inc. | $11.6B | $435.12 | $448.75 | +3.1% | Buy | 38.3x | 32 |
JBHTJ.B. Hunt Transport Services, Inc. | $25.7B | $271.22 | $237.25 | -12.5% | Buy | 36.8x | 45 |
CHRWC.H. Robinson Worldwide, Inc. | $21.9B | $185.04 | $192.24 | +3.9% | Hold | 30.0x | 46 |
EXPDExpeditors International of Washington, Inc. | $21.5B | $161.32 | $151.67 | -6.0% | Hold | 23.8x | 33 |
FWRDForward Air Corporation | $431M | $13.62 | $17.50 | +28.5% | Hold | — | 21 |
GXOGXO Logistics, Inc. | $5.6B | $48.64 | $71.25 | +46.5% | Buy | 15.9x | 18 |
CEVACEVA, Inc. | $1.4B | $49.72 | $45.40 | -8.7% | Buy | 94.2x | 25 |
Quick answers to the most common questions about buying FDX stock.
The consensus price target for FDX is $343.24, close to the current price of $326.2 (5.2% implied move). Based on 49 analyst estimates, the stock appears fairly valued near current levels.
FDX has a consensus rating of "Buy" based on 49 Wall Street analysts. The rating breakdown is predominantly bullish, with 28 Buy/Strong Buy ratings. The consensus 12-month price target of $343.24 implies 5.2% upside from current levels.
With a forward P/E of 16.4453x, FDX trades at a relatively low valuation. The consensus target of $343.24 implies 5.2% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $479 for FDX, while the most conservative target is $155. The consensus of $343.24 represents the median expectation. Our quantitative valuation model projects a bull case target of $568 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
FDX is heavily covered by Wall Street, with 49 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 28 have Buy ratings, 18 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month FDX stock forecast based on 49 Wall Street analysts shows a consensus price target of $343.24, with estimates ranging from $155 (bear case) to $479 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $431, with bear/bull scenarios of $271/$568.
Our quantitative valuation model calculates FDX's fair value at $431 (base case), with a bear case of $271 and bull case of $568. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 60/100.
FDX trades at a forward P/E ratio of 16.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
FDX appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $343.24 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
FDX analyst price targets range from $155 to $479, a 94% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $343.24 consensus represents the middle ground. Our model's $271-$568 range provides an independent fundamental perspective.
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