FedEx stock: Raymond James raises target for FedEx stock to USD 340.00
Published on 10/20/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRaymond James raises target
- Raymond James lifted its FedEx target to USD 340.00 on October 15, 2026.
- FedEx will report quarterly results on October 28, 2026.
- FedEx stock costs EUR 268.70 at Lang & Schwarz on October 20, 2026 at 5:07 p.m. CEST, 2.48 percent above the Xetra close of October 19, 2026.
FedEx (ISIN US31428X1063) received a higher Raymond James price target of USD 340.00, up from USD 330.00, on October 15, 2026, while the firm kept its Outperform rating, as Markets Insider reported. The stock was trading at EUR 268.70 at Lang & Schwarz on October 20, 2026 at 5:07 p.m. CEST, up 2.48 percent versus the Xetra close of October 19, 2026 at EUR 262.20.
Target rises before results
The Raymond James move puts the analyst target USD 38.43, or 12.74 percent, above the NYSE quote of USD 301.57 at 11:16 a.m. EDT on October 20, 2026. The firm cited improving truckload fundamentals, while rising truck orders and monetary headwinds could challenge the recovery in 2027, according to Markets Insider.
What does the price position show?
FedEx's USD 301.57 NYSE quote stood 12.68 percent below its 52-week high of USD 345.37 and 59.67 percent above its 52-week low of USD 188.86. The company had a market capitalization of USD 71.4 billion and a price earnings ratio of 16.44 in the October 20, 2026 market snapshot.
Results date and valuation
FedEx is scheduled to report its third-quarter financial results after the market closes on October 28, 2026. The date was confirmed on the company's investor relations calendar, according to El Fondo. The upcoming release gives the target revision a near-term test, because the next report will show whether operating performance supports the higher valuation view.
Comparison with peers
On October 20, 2026, FedEx stood at 2.48 percent above its Xetra close, with a price earnings ratio of 16.44 and market capitalization of USD 71.4 billion.
United Parcel Service (NYSE, USD): up 1.93 percent, price earnings ratio 18.48, market capitalization USD 74.4 billion. XPO Logistics (NYSE, USD): up 1.08 percent, price earnings ratio 55.26, market capitalization USD 21.9 billion.
FedEx stock after the target move
For investors, the key comparison is between the USD 340.00 target and the USD 301.57 NYSE quote, while the euro quotation remains 2.48 percent above the Xetra close of October 19, 2026. FedEx is listed on the NYSE under ticker FDX.
The further course of trading is shown by the continuously updated real-time quote of FedEx stock.
FedEx stock key data
- Company: FedEx Corporation
- ISIN: US31428X1063
- Ticker: FDX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 5:07 p.m. CEST): EUR 268.70
- Change versus Xetra close: plus 2.48 percent
- Xetra close (October 19, 2026): EUR 262.20
- Market capitalization: USD 71.4 billion (as of October 20, 2026)
- 52-week range: USD 188.86-345.37 (as of October 20, 2026)
- Sector / Industry: Industrials / Integrated Freight & Logistics
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
