Truist Securities Reiterates Buy Rating on FedEx
Truist Securities maintains a buy rating on FedEx with a $365 price target, a 14.29% upside from the current price.
Key Points
- Truist Securities reiterated its buy rating on FedEx, setting a price target of $365.
- Truist Securities's $365 price target implies 14.29% upside from FedEx Corporation's ($FDX) current $319.35 share price.
- FedEx shares traded near $316.83 on Thursday, with a market cap of about $78.4 billion.
- Analysts maintain a consensus buy rating with a target mean price of $339.71.
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Truist Securities has reiterated its buy rating on FedEx Corporation (NYSE: FDX) with a price target of $365. This affirmation, made by analyst Lucas Servera on June 25, 2026, comes as FedEx shares traded near $316.83 on Thursday.
Truist Securities vs. the S&P 500
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FedEx Corporation Stock Down 3.5%
Shares of NYSE:FDX traded near $316.83 on Thursday. FedEx Corporation has a market cap of approximately $78.4 billion, with a P/E ratio of 17.6 and a forward P/E of 16.9. The stock has seen a 52-week low of $174.13 and a high of $345.37, with a 50-day moving average of $315.63 and a 200-day moving average of $257.74. The company's beta is 1.299, indicating moderate volatility compared to the market. FedEx also maintains a current ratio of 1.47 and a quick ratio of 1.16, with a debt-to-equity ratio of 141.
$FDX price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
For the recent period, FedEx reported revenue of $91.93 billion, reflecting a growth of 8.3%. The company's net margin stands at 4.88%, with a return on equity of 15.87%. The next earnings report is scheduled for June 23, 2026.
Dividend
FedEx offers an annual dividend rate of $4.88, yielding 1.5%. The dividend payout ratio is 30.59%, indicating a balanced approach to returning profits to shareholders while retaining capital for growth.
Analysts Set New Price Targets
On June 25, 2026, Truist Securities maintained its buy rating on FedEx with a $365 price target. Other analysts have also shown confidence, with Citigroup and B of A Securities maintaining buy ratings with targets of $359 and $378, respectively, on June 24. The consensus among analysts is a buy rating, with a target mean price of $339.71, based on 16 opinions.
About FedEx Corporation
FedEx Corporation, headquartered in Memphis, Tennessee, is a global leader in transportation, e-commerce, and business services. The company operates through segments like Federal Express and FedEx Freight, offering services such as express delivery, freight shipping, and ground delivery. Beyond logistics, FedEx provides e-commerce solutions, printing services, and supply chain management. Founded in 1971, the company employs approximately 300,000 people and is led by CEO Rajesh Subramaniam.
Bottom Line
Truist Securities' reiterated buy rating and $365 price target reflect ongoing confidence in FedEx's market position and growth potential. Investors often track such analyst ratings to gauge sentiment and potential stock movements. As a backward-looking indicator, this reiteration highlights the firm's positive outlook on FedEx's strategic direction and financial health.
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