Truist cuts FedEx target to USD 350: FedEx stock gains 1.19 percent
Published on 10/13/2026 at 12:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Truist cut its FedEx target from USD 365.00 to USD 350.00 on October 7, 2026, while keeping a Buy rating.
- FedEx stock was at EUR 263.10 at Lang & Schwarz on October 13, 2026, up 1.19 percent versus the Xetra close of EUR 260.00.
- FedEx is scheduled to report its next quarterly results on October 28, 2026.
- Fiscal 2026 revenue reached USD 94.72 billion, according to standardized annual financial data.
FedEx Corp. (ISIN US31428X1063) was trading at EUR 263.10 at Lang & Schwarz on October 13, 2026, up 1.19 percent versus the Xetra close of EUR 260.00 on October 12, 2026. The latest analyst action came from Truist, which cut its FedEx target from USD 365.00 to USD 350.00 in an analysis dated October 7, 2026, while keeping a Buy rating, as Aktiencheck reported on October 8, 2026.
What does the target cut change?
Truist's USD 15.00 reduction leaves a lower valuation marker ahead of the next results. The analysis said the recovery remained driven mainly by supply adjustments, while stronger operating leverage depended on firmer demand, giving investors a quantified counterpoint to the Buy rating.
JPMorgan also lowered its target from USD 400.00 to USD 399.00 on October 5, 2026, and maintained Overweight, according to finanzen.net. The two target cuts point to a more cautious near-term assessment even as both analysts retained positive ratings.
Three events shape the setup
On June 23, 2026, FedEx reported adjusted earnings per share of USD 6.31 and revenue of USD 25.00 billion for the fourth quarter of fiscal 2026, according to Barchart. The same report said Federal Express operating margin fell to 7.70 percent from 8.40 percent a year earlier, highlighting the margin pressure behind the cautious target revisions.
FedEx reported fiscal 2026 revenue of USD 94.72 billion, up 7.70 percent, while standardized annual data show operating profit of USD 5.46 billion and net income of USD 4.43 billion for that fiscal year. Those figures give the upcoming report a higher earnings base but do not remove the need to track demand and margins.
Next dates for FedEx
Barchart identified October 28, 2026, as the next quarterly reporting date, with results expected after the market close. Its preview put consensus adjusted earnings per share at USD 3.45, down 9.90 percent from USD 3.83 in the year-ago quarter.
FedEx stock remains above EUR 260
At Lang & Schwarz, FedEx stock was trading at EUR 263.10 on October 13, 2026 at 12:04 p.m. CEST, up EUR 3.10 or 1.19 percent versus the Xetra close of EUR 260.00 on October 12, 2026. The primary listing is on the NYSE, where FedEx traded at USD 292.23 on October 12, 2026 at 4:00 p.m. ET, while the 52-week range was USD 182.80 to USD 345.37.
The further course of trading is shown by the continuously updated real-time quote of FedEx stock.
FedEx stock facts
- Company: FedEx Corporation
- ISIN: US31428X1063
- WKN: 912029
- Ticker: FDX
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 13, 2026, 12:04 p.m. CEST: EUR 263.10
- Change versus Xetra close: plus 1.19 percent
- Xetra close October 12, 2026: EUR 260.00
- Market capitalization: USD 69.1 billion as of October 12, 2026
- 52-week range: USD 182.80-345.37
- Sector / Industry: Industrials / Integrated Freight and Logistics
- Index membership: S&P 500
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
