Raymond James raises target for FedEx stock to USD 340.00 from USD 330.00

Published on 10/16/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raymond James lifted its target to USD 340 on October 15, 2026. FedEx stock costs EUR 263.00 on October 16, 2026, 0.46 percent above the Xetra close.

Target and earnings timeline

Raymond James set a USD 340.00 target on October 15, 2026.
Fiscal year 2026 revenue reached USD 94.72 billion, up from USD 82.46 billion.
FedEx stock trades at EUR 263.00 at 10:02 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.46 percent above the Xetra close of October 15, 2026.
FedEx is scheduled to report its next results on October 28, 2026.

Isometrische 3D-Illustration globaler Lieferkette mit Fabriken, Schiffen, Flugzeugen — FedEx Corp. globale Lieferkette US31428X1063 als isometrisches 3D-Wertschöpfungsdiagramm mit Schiffen Flugzeugen und Lkw, Illustration mit AI erstellt.

FedEx Corp. (ISIN US31428X1063) stock was trading at EUR 263.00 at Lang & Schwarz on October 16, 2026, at 10:02 a.m. CEST, up 0.46 percent versus the Xetra close of October 15, 2026 at EUR 261.80. Raymond James raised its FedEx target to USD 340.00 from USD 330.00 on October 15, 2026, while keeping an Outperform rating, according to Markets Insider.

Target rises as earnings approach

The new target gives FedEx a quantified analyst benchmark ahead of its next report. Raymond James cited improving truckload fundamentals, including spot rates up 31.5 percent year over year, but also warned that higher truck orders and monetary headwinds could challenge the recovery in 2027, the report said.

Three dates show the transition

FedEx completed the spin-off of FedEx Freight on June 1, 2026, with the separated unit reporting fiscal-year revenue of USD 8.80 billion, according to FourWeekMBA. On October 8, 2026, FedEx committed more than USD 300 million to 2,000 electric trucks from Harbinger Motors, as reported by Simply Wall St. The current target increase followed on October 15, 2026.

What does the target mean for margins?

FedEx generated USD 94.72 billion in revenue in fiscal year 2026, compared with USD 82.46 billion in the prior reported period, while operating profit reached USD 5.46 billion. The company also produced USD 8.93 billion in operating cash flow during fiscal year 2026. These figures frame the target debate around execution and profitability rather than revenue scale alone.

Next reporting date matters

FedEx is scheduled to report its next results after the market close on October 28, 2026, with analysts expecting earnings per share of USD 3.45, down 9.90 percent from USD 3.83 in the comparable quarter, according to Yahoo Finance.

FedEx stock stays below its high

FedEx stock was trading at EUR 263.00 at Lang & Schwarz on October 16, 2026, at 10:02 a.m. CEST, 0.46 percent above the Xetra close of October 15, 2026 at EUR 261.80. The euro quote sits within its 52-week range of EUR 161.21 to EUR 337.70.

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