Goldman Sachs Reiterates Buy Rating on FedEx Freight
Goldman Sachs has reaffirmed its buy rating for FedEx Freight, setting a price target of $186, a 23.18% upside from the current price.
Key Points
- Goldman Sachs reiterated its buy rating on FedEx Freight (NYSE:FDXF) with a price target of $186 on July 1, 2026.
- Goldman Sachs's $186 price target implies 23.18% upside from FedEx Freight Holding Company, Inc.'s ($FDXF) current $151 share price.
- Shares of FedEx Freight traded at $151.0 on Wednesday, with a market cap of approximately $22.48 billion.
- The stock's P/E ratio is 33.1, and analysts have a consensus buy rating with a target mean price of $162.13.
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Goldman Sachs has reiterated its buy rating on FedEx Freight Holding Company, Inc. (NYSE:FDXF), setting a price target of $186. Analyst Jordan Alliger reaffirmed the rating on July 1, 2026, as the stock traded at $151.0 on Wednesday.
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FedEx Freight Holding Company, Inc. Stock Up 13.2%
Shares of FedEx Freight traded near $151.0 on Wednesday. The company, which operates in the integrated freight and logistics industry, has a market cap of around $22.48 billion. It boasts a P/E ratio of 33.1 and a forward P/E of 30.3. The stock has seen a 52-week low of $135.0 and a high of $200.0, with a 50-day moving average of $164.34 and a 200-day moving average of the same value.
$FDXF price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
FedEx Freight reported revenue of approximately $8.68 billion, though it experienced a slight decline in revenue growth at -4.7%. The company's net margin stands at 10.4%, with an EPS of $4.56. Investors can expect the next earnings report on October 28, 2026.
Analysts Set New Price Targets
On July 1, 2026, Goldman Sachs reiterated its buy rating with a $186 price target. Previously, on June 26, BMO Capital maintained a hold rating with a $150 target. Jefferies initiated a buy rating with a $200 target on June 23. Stifel and Evercore ISI Group also provided ratings, with Stifel holding at $160 and Evercore setting a buy at $168.
About FedEx Freight
FedEx Freight Holding Company, Inc. provides less-than-truckload freight transportation services across the United States, Canada, Mexico, Puerto Rico, and the U.S. Virgin Islands. The company is headquartered in Memphis, Tennessee, and led by CEO Mr. John Alan Smith. With a workforce of 40,000 employees, it plays a significant role in the industrial sector.
Bottom Line
Goldman Sachs' reaffirmation of its buy rating on FedEx Freight underscores continued confidence in the company's performance. While the 13F filings and ratings are backward-looking, they provide insight into how major financial institutions view the stock. Investors and analysts alike follow these updates closely to gauge market sentiment and company performance.
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