FedEx orders 2,000 electric trucks and FedEx stock trades at EUR 256.65

Published on 10/07/2026 at 14:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Harbinger order exceeds USD 300 million. FedEx stock costs EUR 256.65 on October 7, 2026 after EUR 255.25, plus 0.55 percent.

Börsenhändler an der NYSE zeigen auf Logistik-Kursanzeigen, Editorial-Stil — FedEx Corp. Börsensaal NYSE US31428X1063 mit Händlern vor Logistik Sektor Charts im Editorial Presse Stil, Illustration mit AI erstellt.

FedEx Corp. (ISIN US31428X1063) was trading at EUR 256.65 at Lang & Schwarz on October 7, 2026 at 2:34 p.m. CEST, up EUR 1.40 or plus 0.55 percent versus the prior close of EUR 255.25. On September 30, 2026, Harbinger announced that FedEx ordered 2,000 all-electric trucks in a deal exceeding USD 300 million.

Order scales beyond 53 trucks

The new order expands FedEx's earlier relationship with Harbinger and covers a far larger deployment than the initial 53-truck order. The Conveyor reported on October 1, 2026 that the vehicles will serve pickup and delivery operations in the United States and Canada.

Delivery is planned by the end of 2027, with each electric truck replacing a conventional vehicle on a one-for-one basis. That comparison matters operationally: the order adds 2,000 electric vehicles without requiring a larger delivery fleet footprint.

Fuel savings add an economic test

Harbinger estimates that the 2,000 vehicles could generate USD 40 million in annual fuel savings and USD 800 million over a 20-year service life. Those figures are estimates from the supplier, so the financial payoff depends on deployment, utilization and energy costs.

The timing also puts the purchase alongside FedEx's first reporting period after the FedEx Freight spin-off. Pomegra News cited consensus adjusted earnings per share of USD 3.65 and revenue of USD 21.78 billion for the first quarter of fiscal 2027.

Analyst target remains above USD 350

MarketBeat listed 29 analyst ratings and an average twelve-month target of USD 354.68, compared with a quoted USD 288.84 reference on its page. Its current mix included 18 Buy ratings, 9 Hold ratings and 2 Sell ratings.

Daily move stays below one percent

FedEx stock was trading at EUR 256.65 at Lang & Schwarz on October 7, 2026 at 2:34 p.m. CEST, plus 0.55 percent versus the Lang & Schwarz prior close of EUR 255.25. The stock's primary listing is on the NYSE, while the euro quotation gives German investors a separate intraday reference. The further course of trading is shown by the continuously updated real-time quote of FedEx stock.