Raymond James lifts FedEx Corp. stock target to USD 340.00
Published on 10/16/2026 at 15:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and dates shape trading
- Raymond James lifted its FedEx target from USD 330.00 to USD 340.00 on October 15, 2026.
- FedEx is due to report on October 28, 2026, with consensus earnings per share of USD 3.45.
- FedEx Corp. stock trades at EUR 264.10 at 3:34 p.m. CEST at Lang & Schwarz on October 16, 2026, 0.88 percent above the Xetra close of October 15, 2026.
- FedEx has a P/E ratio of 16.26 and a market capitalization of USD 70.6 billion as of October 16, 2026.
Raymond James raised its FedEx target from USD 330.00 to USD 340.00 on October 15, 2026, and kept an Outperform rating, according to Markets Insider. Against FedEx's USD 298.11 NYSE price at 9:42 a.m. ET on October 16, 2026, the new target stands 14.05 percent higher. FedEx Corp. stock was trading at EUR 264.10 at Lang & Schwarz at 3:34 p.m. CEST on October 16, 2026, up 0.88 percent versus the Xetra close of October 15, 2026 at EUR 261.80.
October 28, 2026 earnings date
The next scheduled report gives the stock a defined near-term checkpoint. Yahoo Finance reported on October 12, 2026 that FedEx is expected to publish results after the market close on October 28, 2026. The consensus estimate cited there is USD 3.45 in earnings per share, down 9.90 percent from USD 3.83 in the year-ago quarter.
The 52-week high is USD 345.37
FedEx's USD 188.86 to USD 345.37 52-week range places the NYSE price at USD 298.11, 13.68 percent below the high and 57.84 percent above the low. The range and the NYSE listing are identified by Kaplio. The same source lists a 16.10 P/E ratio on October 15, 2026, while the finance quote gives 16.26 on October 16, 2026. The current share price therefore sits below the year's upper boundary, even as the analyst target points higher.
Valuation and logistics peers
FedEx had a market capitalization of USD 70.6 billion and a 2.00 percent dividend yield on October 16, 2026. Its valuation is below the multiple shown for both listed logistics peers in the comparison below, although their business mixes differ.
Comparison with peers
FedEx Corp. (NYSE, USD): 0.88 percent daily change, P/E 16.26, market capitalization USD 70.6 billion
United Parcel Service (NYSE, USD): 1.68 percent daily change, P/E 18.47, market capitalization USD 74.5 billion
C.H. Robinson Worldwide (NASDAQ, USD): 0.55 percent daily change, P/E 27.60, market capitalization USD 16.9 billion
Trading level and next date
The euro quote is 23.30 percent below the USD 345.37 high only when currencies are kept separate, so the direct range comparison belongs to the NYSE quotation. The more immediate reference for German investors is the 0.88 percent move above the dated Xetra close, while October 28, 2026 supplies the next company-specific date.
FedEx Corp. stock was trading at EUR 264.10 at Lang & Schwarz on October 16, 2026 at 3:34 p.m. CEST, 0.88 percent above the Xetra close of October 15, 2026 at EUR 261.80. The further course of trading is shown by the continuously updated real-time quote of FedEx Corp. stock.
FedEx Corp. stock facts
- Company: FedEx Corporation
- ISIN: US31428X1063
- Ticker: FDX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 3:34 p.m. CEST): EUR 264.10
- Change versus Xetra close: plus 0.88 percent
- Xetra close (October 15, 2026): EUR 261.80
- Market capitalization: USD 70.6 billion (as of October 16, 2026)
- 52-week range: USD 188.86-345.37 (as of October 16, 2026)
- Sector / Industry: Industrials / Integrated Freight and Logistics
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
