FedEx stock: Goldman Sachs raises target for FedEx stock to USD 390.00

Published on 10/22/2026 at 17:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FedEx reports third-quarter results on October 28, 2026. FedEx stock costs EUR 268.65 on October 22, 2026, plus 0.81 percent versus the Xetra close.

Analyst view and reporting date

Goldman Sachs raised its FedEx target from USD 375.00 to USD 390.00 on October 7, 2026.
FedEx is expected to report third-quarter results on October 28, 2026, with consensus revenue of USD 22.75 billion.
FedEx stock costs EUR 268.65 at Lang & Schwarz on October 22, 2026 at 5:14 p.m. CEST, 0.81 percent above the Xetra close of October 21, 2026.
FedEx had a market capitalization of USD 71.4 billion and a price-to-earnings ratio of 16.45 on October 22, 2026.

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FedEx Corp. stock (ISIN US31428X1063) is tied to a Goldman Sachs target of USD 390.00, raised from USD 375.00 in a note dated October 7, 2026, according to MarketScreener. That target is 29.32 percent above FedEx's USD 301.57 last price on the NYSE at 11:27 a.m. ET on October 22, 2026. FedEx stock was trading at EUR 268.65 at Lang & Schwarz on October 22, 2026 at 5:14 p.m. CEST, up 0.81 percent versus the Xetra close of October 21, 2026 at EUR 266.50.

Earnings date adds a second marker

FedEx is scheduled to report third-quarter results after the market closes on October 28, 2026. MarketBeat reported on October 21, 2026 that consensus estimates called for adjusted earnings of USD 3.31 per share and revenue of USD 22.75 billion for the quarter. The date gives the analyst target a near-term test.

Stock stays below its yearly high

On October 22, 2026, the NYSE quote stood at USD 301.57 at 11:27 a.m. ET. The 52-week range was USD 188.86 to USD 345.37, leaving the stock 12.68 percent below its high. Trading volume reached 172,654 shares by that timestamp.

Guidance frames the earnings debate

FedEx expects adjusted earnings of USD 16.90 to USD 18.10 per share for calendar year 2026, according to InsiderMonkey on October 21, 2026. The current price-to-earnings ratio was 16.45 and market capitalization was USD 71.4 billion on October 22, 2026.

Comparison with peers

FedEx Corp. (NYSE, USD): plus 0.81 percent versus the Xetra close, price-to-earnings ratio 16.45, market capitalization USD 71.4 billion on October 22, 2026.

United Parcel Service (NYSE, USD): plus 1.53 percent, price-to-earnings ratio 18.80, market capitalization USD 75.8 billion on October 22, 2026.

Old Dominion Freight Line (Nasdaq, USD): plus 1.66 percent, price-to-earnings ratio 37.07, market capitalization USD 39.9 billion on October 22, 2026.

The euro quote sets the daily frame

FedEx stock was trading at EUR 268.65 at Lang & Schwarz on October 22, 2026 at 5:14 p.m. CEST, up 0.81 percent versus the Xetra close of October 21, 2026 at EUR 266.50. The next test is the October 28 earnings release, while the Goldman Sachs target remains USD 390.00.

The further course of trading is shown by the continuously updated real-time quote of FedEx stock.