FedEx Corporation (FDX) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$375.93
Price Target
$364.19
Target Range
$210.00 — $479.00
Analyst Rating
Buy
Forward P/E19.0x
Trailing P/E22.4x
Forward PEG0.68
Implied Growth+7.1%
Median Target$359.50
Analyst Spread73.9%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$210
-44.1%
Consensus
$364
-3.1%
Bull Case
$479
+27.4%
Valuation Model TargetsConfidence: 65/100
Bear$235
Base$469
Bull$769
FDX Price Target Analysis
Updated May 8, 2026As of May 8, 2026, FedEx Corporation (FDX) has a Wall Street consensus price target of $364.19, based on estimates from 49 covering analysts. With the stock currently trading at $375.93, this represents a potential downside of -3.1%. The company has a market capitalization of $88.39B.
Analyst price targets range from a low of $210.00 to a high of $479.00, representing a 74% spread in expectations. The median target of $359.50 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 27 analysts rating the stock as a Buy or Strong Buy,19 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 22.4x and forward P/E of 19.0x. The forward PEG ratio of 0.68 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +7.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $469.09, with bear and bull scenarios of $234.68 and $769.01 respectively. Model confidence stands at 65/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+15.1%
Avg Forward P/E34.3x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 UPSUnited Parcel Service, Inc. | $85.1B | $100.10 | $115.23 | +15.1% | Hold | 14.1x | 45 |
 XPOXPO Logistics, Inc. | $24.3B | $206.81 | $209.07 | +1.1% | Buy | 43.9x | 32 |
 ODFLOld Dominion Freight Line, Inc. | $41.3B | $198.06 | $208.19 | +5.1% | Hold | 37.7x | 36 |
 SAIASaia, Inc. | $12.0B | $448.94 | $422.67 | -5.9% | Buy | 42.3x | 32 |
 JBHTJ.B. Hunt Transport Services, Inc. | $22.9B | $242.19 | $224.88 | -7.1% | Buy | 33.0x | 45 |
 CHRWC.H. Robinson Worldwide, Inc. | $20.3B | $171.37 | $187.38 | +9.3% | Hold | 27.9x | 46 |
 EXPDExpeditors International of Washington, Inc. | $20.2B | $151.86 | $140.13 | -7.7% | Hold | 25.1x | 33 |
 FWRDForward Air Corporation | $547M | $17.33 | $37.00 | +113.5% | Hold | — | 21 |
 GXOGXO Logistics, Inc. | $6.0B | $51.88 | $72.71 | +40.2% | Buy | 17.2x | 18 |
 CEVACEVA, Inc. | $810M | $33.72 | $29.33 | -13.0% | Buy | 67.3x | 23 |
Upside Potential Comparison
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Start ComparisonFDX — Frequently Asked Questions
Quick answers to the most common questions about buying FDX stock.
What is the FDX stock price target for 2026?
Wall Street's consensus price target for FDX is $364.19, -3.1% from its current price of $375.93. The below-market target from 49 analysts suggests limited near-term appreciation.
Is FDX a buy, sell, or hold?
FDX has a consensus rating of "Buy" based on 49 Wall Street analysts. The rating breakdown is predominantly bullish, with 27 Buy/Strong Buy ratings. The consensus 12-month price target of $364.19 implies -3.1% downside from current levels.
Is FDX stock overvalued or undervalued?
With a forward P/E of 19.0146x, FDX trades at a relatively low valuation. The consensus target of $364.19 implies -3.1% move, suggesting the market may be pricing in risks.
How high can FDX stock go?
The most bullish Wall Street analyst has a price target of $479 for FDX, while the most conservative target is $210. The consensus of $364.19 represents the median expectation. Our quantitative valuation model projects a bull case target of $769 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover FDX stock?
FDX is heavily covered by Wall Street, with 49 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 27 have Buy ratings, 19 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the FDX stock forecast?
The 12-month FDX stock forecast based on 49 Wall Street analysts shows a consensus price target of $364.19, with estimates ranging from $210 (bear case) to $479 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $469, with bear/bull scenarios of $235/$769.
What is FDX's fair value based on fundamentals?
Our quantitative valuation model calculates FDX's fair value at $469 (base case), with a bear case of $235 and bull case of $769. 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 65/100.
What is FDX's forward P/E ratio?
FDX trades at a forward P/E ratio of 19.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 22.4x. 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.
Should I buy FDX stock?
Analysts are cautious on FDX, with 3 Sell ratings and a price target of $364.19 (-3.1% from current price). The "Buy" consensus suggests careful evaluation before buying. 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.
Why do FDX price targets vary so much?
FDX analyst price targets range from $210 to $479, a 74% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $364.19 consensus represents the middle ground. Our model's $235-$769 range provides an independent fundamental perspective.