FedEx stock gets a 2,000-truck order worth more than USD 300 million.

Published on 10/04/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FedEx stock posted USD 94.72 billion in fiscal 2026 revenue, up 7.7 percent from the prior year. The shares last traded at USD 290.36 on October 2, 2026.

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FedEx stock was last at USD 290.36 on the NYSE on October 2, 2026, up 1.15 percent on the session. The latest company-related development is a 2,000-truck electrification order valued at more than USD 300 million, according to MarketBeat on October 2, 2026.

Electric fleet adds a new investment test

The trucks are being purchased from Harbinger, with deliveries planned through the end of 2027. The order supports FedEx's electrification strategy, but the capital spending arrives before the full efficiency benefits can be measured.

The same MarketBeat report said FedEx completed the USD 1.4 billion sale of FedEx Supply Chain to CMA CGM Group. The transaction provides cash and concentrates the portfolio on parcel delivery and freight, while removing a business that contributed future revenue potential.

Revenue growth meets thinner margins

For fiscal year 2026 ended May 31, 2026, FedEx reported revenue of USD 94.72 billion, up 7.7 percent from USD 87.93 billion in fiscal 2025, according to MetaTrader. Diluted EPS increased 10 percent to USD 18.55, while operating income reached USD 5.46 billion from USD 5.22 billion.

The comparison is constructive but not uniform: the operating margin slipped from 5.9 percent to 5.8 percent. That makes execution of network savings and the transition to a new post-spin-off reporting structure central to the next earnings update.

Analysts see room above USD 290

MarketBeat lists a Moderate Buy consensus from 29 analysts, including 17 Buy, one Strong Buy, nine Hold and two Sell ratings. The average 12-month price target is USD 354.72, with a high of USD 479.00 and a low of USD 140.00.

The latest target actions were mixed in timing but positive in direction: BNP Paribas Exane raised its target from USD 269.80 to USD 300.00 on September 30, 2026, while retaining a Neutral rating, according to MarketBeat.

FedEx stock stays below its yearly high

FedEx stock had a 52-week range of USD 180.87 to USD 345.37 and a market capitalization of USD 68.7 billion on October 2, 2026. The next earnings date is October 28, 2026.