FDX Cuts Forecasts
FedEx reports Q4 earnings and revenue above expectations, but analysts cut their forecasts and lower price targets
FedEx Corp. (NYSE: FDX ) reported better-than-expected earnings for the fourth quarter of fiscal 2026 after the market closed on Tuesday. 96 per share. "Our profitable growth strategy is working.
We are building momentum across our global industrial network, driving structural improvements and winning in high-value growth markets," said Raj Subramaniam, president and CEO of FedEx. 4% a year ago. FedEx expects revenue growth of 11% year-over-year for calendar year 2026. 10 per share.
57 on Wednesday. These analysts made changes to their price targets on FedEx following earnings announcement. UBS analyst Thomas Wadewitz maintained the stock with a Buy and lowered the price target from $445 to $350. Stifel analyst J.
Bruce Chan maintained the stock with a Buy and lowered the price target from $442 to $326. Considering buying FDX stock? Here’s what analysts think: Photo via Shutterstock