UBS Reiterates Buy Rating on FedEx with $350 Price Target
UBS analyst Thomas Wadewitz maintains a buy rating on FedEx, setting a $350 price target, a 6.24% upside from the current price.
Key Points
- On June 24, 2026, UBS reiterated its buy rating on FedEx Corporation (NYSE:FDX) with a price target of $350.
- UBS's $350 price target implies 6.24% upside from FedEx Corporation's ($FDX) current $329.44 share price.
- FedEx shares were trading around $317.24 on Wednesday, with a market cap of approximately $78.4 billion and a P/E ratio of 17.56.
- Analyst consensus remains positive with a mean price target of $339.71 and a recommendation to buy from 16 analysts.
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On June 24, 2026, UBS analyst Thomas Wadewitz reiterated his buy rating on FedEx Corporation (NYSE:FDX), setting a price target of $350. This decision comes as FedEx's stock traded around $317.24 on Wednesday.
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FedEx Corporation Stock Down 0.4%
Shares of NYSE:FDX traded near $317.24 on Wednesday. FedEx Corporation, a major player in the integrated freight and logistics industry, boasts a market cap of about $78.4 billion. The company's P/E ratio stands at 17.56, with a forward P/E of 16.86, and a beta of 1.299. Over the past year, the stock has seen a low of $174.13 and a high of $345.37. It has a 50-day moving average of $315.63 and a 200-day moving average of $257.74. The firm maintains a current ratio of 1.47 and a quick ratio of 1.16, with a debt-to-equity ratio of 140.99.
$FDX price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
FedEx reported revenues of approximately $91.93 billion, reflecting a growth rate of 8.3%. The company's earnings per share (EPS) were $18.72, with a net margin of 4.88% and a return on equity (ROE) of 15.87%. The next earnings report is expected on June 23, 2026.
Dividend
FedEx pays an annual dividend of $4.88 per share, yielding 1.5%. The dividend payout ratio is 30.59%.
Insider Buying and Selling at FedEx Corporation
On May 5, 2026, Griffith Susan Patricia sold 2,804 shares at an average price of $361.28 and bought 4,123 shares at $245.60. On April 27, 2026, Gorman Stephen sold 1,785 shares at $388.46 and bought 4,727 shares at $146.62.
Analysts Set New Price Targets
On June 24, 2026, UBS maintained its buy rating on FedEx with a $350 price target. Earlier, on June 17, 2026, Wells Fargo also maintained a buy rating with a $425 target, while Morgan Stanley rated it a sell with a $160 target on June 3, 2026. Analyst consensus suggests a buy recommendation with a mean target price of $339.71 from 16 analysts.
About FedEx Corporation
FedEx Corporation, headquartered in Memphis, Tennessee, is a global leader in transportation, e-commerce, and business services. Founded in 1971, the company operates through its Federal Express and FedEx Freight segments, offering a range of services from express and freight shipping to e-commerce solutions and logistics services. With a workforce of about 300,000 employees, FedEx continues to be a key player in the industrials sector.
Bottom Line
UBS's reiteration of a buy rating for FedEx at a $350 target reflects continued confidence in the company's performance. Investors often track these analyst ratings closely as they can influence market perceptions and stock movements. It's important to remember that these ratings are based on past and present data and may not fully predict future performance.
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