Raymond James cuts FedEx Freight stock target from USD 180 to USD 165

Published on 10/17/2026 at 22:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results arrive October 29, 2026. FedEx Freight stock stood at USD 113.21 on October 16, 2026, 2.45 percent above the NYSE prior close.

Analyst target and reporting date

Raymond James lowered its target from USD 180.00 to USD 165.00 on October 15, 2026.
FedEx Freight will release results for the four-month period ended September 30, 2026, on October 29, 2026.
FedEx Freight stock stood at USD 113.21 on October 16, 2026 at 4:00 p.m. ET, 2.45 percent above the NYSE prior close of October 15, 2026.
Market capitalization was USD 16.9 billion on October 16, 2026.

FedEx Freight, US3143521058, Illustration mit AI erstellt.

Raymond James lowered its FedEx Freight price target from USD 180.00 to USD 165.00 on October 15, 2026, while keeping an Outperform rating, according to Markets Insider. Against the NYSE price of USD 113.21, the new target is 45.75 percent higher. FedEx Freight stock was last at USD 113.21 on the NYSE on October 16, 2026 at 4:00 p.m. ET, up 2.45 percent versus the NYSE prior close of October 15, 2026.

Target cut highlights a wider range

The revised USD 165.00 target remains above the USD 129.00 target that Stifel assigned on October 8, 2026, and below the USD 180.00 level Raymond James had used before its update. The spread between those two recent targets is USD 36.00, showing how differently analysts are framing the carrier's earnings path.

Stock sits near its yearly low

FedEx Freight traded between USD 105.75 and USD 200.00 over the 52 weeks through October 16, 2026. The last price was 7.06 percent above the low and 43.40 percent below the high. Trading volume reached 1,553,034 shares, versus an average volume of 1,397,431 shares.

Valuation before October results

Market capitalization stood at USD 16.9 billion on October 16, 2026, while the price-to-earnings ratio was 29.25. The company said on October 1, 2026 that it would release results for the four-month transition period ended September 30, 2026, after the market close on October 29, 2026, according to FedEx Freight.

Comparison with peers

FedEx Freight (NYSE, USD): plus 2.45 percent, P/E 29.25, market capitalization USD 16.9 billion.
Old Dominion Freight Line (NASDAQ, USD): minus 0.61 percent, P/E 36.17, market capitalization USD 39.0 billion.
Saia (NASDAQ, USD): minus 1.89 percent, P/E 32.34, market capitalization USD 8.9 billion.

What comes next

The October 29 reporting date is the next company-specific calendar point. For investors, the key comparison will be whether the transition-period results support the USD 165.00 target or reinforce the more cautious assumptions behind the recent target reductions.

Stock and target in view

The target range and the distance between the current price and the USD 165.00 Raymond James level leave earnings as the next measurable test for the valuation. FedEx Freight's 52-week position also places the stock much closer to its low than its high.

Market context: Market report S&P 500.

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