FedEx stock falls 4.10 percent after target cut

Published on 09/25/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FedEx stock stood at USD 279.54 on September 24, 2026, with a USD 11.96 daily change. Fiscal 2026 fourth-quarter revenue reached USD 25.0 billion.

Luftaufnahme eines Logistikzentrums bei Sonnenuntergang, Lkw an Laderampen — FedEx Corp. Logistikzentrum mit Lkw-Reihen und Verladedocks bei goldenem Sonnenuntergang US31428X1063 Aktie, Illustration mit AI erstellt.

FedEx stock (ISIN US31428X1063) fell 4.10 percent to USD 279.54 on the NYSE on September 24, 2026, a USD 11.96 decline from the prior close. The move leaves the shares 19.1 percent below their 52-week high of USD 345.37, while the 52-week low stands at USD 180.99.

Revenue reached USD 25.0 billion

FedEx's fiscal 2026 fourth-quarter revenue reached USD 25.0 billion, compared with USD 22.2 billion a year earlier, an increase of 12.6 percent. According to Stock Titan on June 23, 2026, GAAP diluted EPS was USD 6.60 and adjusted diluted EPS was USD 6.31 for the quarter.

The full fiscal year produced revenue of USD 94.7 billion, versus USD 87.9 billion in the prior year, while GAAP diluted EPS reached USD 18.55 and adjusted diluted EPS reached USD 20.24. FedEx also reported USD 13.3 billion in fiscal 2026 cash and equivalents.

JPMorgan lowers its target

As MarketBeat reported on September 8, 2026, JPMorgan cut its FedEx price target from USD 460 to USD 400 while maintaining an Overweight rating. The revised target remains USD 120.46 above the September 24 price, equivalent to 43.1 percent upside under the target-price comparison.

The broader analyst picture remains more constructive than the single target reduction. MarketBeat reported a Moderate Buy consensus and an average target of USD 348.32, which is USD 68.78 above the September 24 reference price.

Market value stays substantial

FedEx had a market capitalization of USD 66,133,905,294 as of September 24, 2026, with reported volume of 2,557,537 shares. The current quote sits inside the USD 180.99 to USD 345.37 52-week range, giving investors a clear measure of the stock's recent valuation spread.