FedEx (NYSE:FDX) Shares Gap Down – Here’s What Happened

by · The Cerbat Gem

FedEx Corporation (NYSE:FDX – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $287.12, but opened at $272.06. FedEx shares last traded at $282.2270, with a volume of 1,178,722 shares traded.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

  • Positive Sentiment: Q2 beat and higher guidance — FedEx posted ~ $23.5B revenue and $4.82 adjusted EPS (above estimates) and lifted FY2026 EPS and revenue guidance, showing improving top‑line and operating leverage. Business Wire: FedEx Reports Strong Second Quarter Earnings
  • Positive Sentiment: Margin and network progress — Management highlighted Network 2.0 and cost/capacity actions that boosted Express margins and contributed to operating‑income gains, supporting sustainable profit improvement. MSN: FedEx smashes margin expectations
  • Positive Sentiment: Analyst upgrades and higher targets — Several firms (Goldman Sachs, Wolfe, Stephens, Barclays, BofA, TD Cowen, Deutsche Bank) raised price targets and issued Buy/Outperform calls after the results, providing upside thesis from the sell‑side. MarketScreener: Goldman Sachs raises FDX PT
  • Neutral Sentiment: Management commentary and transcripts available — Management and CEO interviews (earnings call and media appearances) emphasize structural shift to B2B, pricing leverage and long‑term logistics strategy; useful for modeling medium‑term margins. InsiderMonkey: Q2 earnings call transcript
  • Negative Sentiment: Profit-taking and cautious notes — Some outlets report the stock dipping despite the beat; a few analysts remain cautious or maintain Hold ratings citing limited near‑term EPS upside, which can cap near‑term gains. MSN: Why FedEx stock is falling despite earnings
  • Negative Sentiment: Operational snag — Reports of slow rebooking of pilots’ hotel rooms after an MD‑11 grounding highlight potential short‑term operational/flight disruptions that could pressure service metrics or costs. Yahoo: FedEx slow to rebook pilots’ hotel rooms

Analyst Upgrades and Downgrades

FDX has been the topic of several recent analyst reports. Stephens boosted their target price on FedEx from $260.00 to $330.00 and gave the stock an “overweight” rating in a report on Friday. Raymond James Financial restated an “outperform” rating and issued a $255.00 target price on shares of FedEx in a research note on Thursday, September 18th. Daiwa Capital Markets upped their price target on shares of FedEx from $232.00 to $240.00 and gave the stock a “neutral” rating in a research report on Monday, September 22nd. Wolfe Research increased their price objective on FedEx from $322.00 to $328.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Citigroup reiterated a “buy” rating on shares of FedEx in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $294.44.

Get Our Latest Report on FDX

FedEx Price Performance

The company’s fifty day moving average price is $261.06 and its two-hundred day moving average price is $240.75. The company has a market cap of $67.80 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 1.46 and a beta of 1.32. The company has a quick ratio of 1.21, a current ratio of 1.25 and a debt-to-equity ratio of 0.73.

FedEx (NYSE:FDX – Get Free Report) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.80. The company had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.FedEx’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, equities research analysts forecast that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Investors of record on Monday, December 15th will be issued a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, December 15th. FedEx’s dividend payout ratio is presently 33.86%.

Institutional Investors Weigh In On FedEx

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Grey Fox Wealth Advisors LLC acquired a new position in shares of FedEx during the 3rd quarter worth about $27,000. NewSquare Capital LLC grew its holdings in FedEx by 121.8% during the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after purchasing an additional 67 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in FedEx during the second quarter worth approximately $28,000. Wealth Watch Advisors INC bought a new stake in FedEx in the third quarter valued at approximately $28,000. Finally, Ameriflex Group Inc. lifted its position in shares of FedEx by 103.3% in the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock valued at $29,000 after buying an additional 63 shares during the last quarter. Institutional investors own 84.47% of the company’s stock.

FedEx Company Profile

(Get Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.

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