FedEx Corp. stock slips after Evercore ISI lifts price target ahead of next earnings
Published on 09/17/2026 at 16:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
FedEx Corp. stock (ISIN US31428X1063) closed at USD 301.72 on the New York Stock Exchange on September 16, 2026, down 2.12% from the prior session, keeping the shares below many analyst price targets ahead of the next earnings report.
Analysts raise targets but FedEx stock lags
According to Yahoo Finance on September 17, 2026, the latest rating change came from Evercore ISI Group on September 9, 2026, when it maintained its In-Line rating but raised the FedEx Corp. stock price target from USD 323 to USD 350.
The same overview shows that analysts on average now target USD 355.10 for FedEx Corp. stock, with individual price targets ranging from USD 160 on the low end to USD 479 on the high end, underlining a wide dispersion of expectations for the shares.Yahoo Finance
Fundamentals and profitability provide support
As of September 17, 2026, trailing twelve-month revenue for FedEx Corp. stands at USD 94.72 billion, with net income attributable to common shareholders of USD 4.43 billion, demonstrating that the logistics group remains clearly profitable.Yahoo Finance
On this basis, FedEx Corp. currently earns USD 18.16 in earnings per share over the trailing twelve months, implying that the closing price of USD 301.72 on September 16, 2026 values the stock at roughly 16.6 times trailing earnings.Yahoo Finance
Next earnings date and market positioning
According to Yahoo Finance, the next scheduled earnings date for FedEx Corp. is October 28, 2026, a key checkpoint where investors will look for confirmation that margin improvement and cost discipline can sustain the current profitability.
With the shares at USD 301.72 as of September 16, 2026 and the average analyst target at USD 355.10, FedEx Corp. stock trades about 15.0% below consensus, giving investors a quantified sense of the gap between current market pricing and analyst expectations.Yahoo Finance
FedEx stock price and basic data
FedEx Corp. stock last closed at USD 301.72 on the New York Stock Exchange on September 16, 2026, down 6.54 dollars or 2.12% on the day, with the move coming in a volatile broader market environment.
FedEx Corp. stock - key data
- Company: FedEx Corporation
- ISIN: US31428X1063
- Ticker: FDX
- Trading venue: NYSE
- Price (as of September 16, 2026, 16:00): 301.72 USD
- Sector / Industry: Industrials / Air freight and logistics
- Index membership: S&P 500
- Next earnings date: October 28, 2026
