Raymond James cuts target for FedEx Freight stock to USD 165.00

Published on 10/20/2026 at 19:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FedEx Freight reports four-month results on October 29, 2026. FedEx Freight stock costs EUR 98.68 on October 20, 2026 at 7:35 p.m. CEST.

Reporting date October 29, 2026

Raymond James cut its FedEx Freight target from USD 180.00 to USD 165.00 on October 15, 2026.
FedEx Freight will report results for the four-month period ended September 30, 2026, on October 29, 2026.
FedEx Freight stock costs EUR 98.68 at Lang & Schwarz on October 20, 2026 at 7:35 p.m. CEST.

FedEx Freight, US3143521058, Illustration mit AI erstellt.

Raymond James cut its FedEx Freight target from USD 180.00 to USD 165.00 on October 15, 2026, according to Futu. Against the USD 110.96 primary-market price available on October 20, 2026, the new target stands 48.70 percent above the price. The stock was trading at EUR 98.68 at Lang & Schwarz on October 20, 2026 at 7:35 p.m. CEST.

Target cut meets a new reporting date

The analyst action arrived before FedEx Freight's next scheduled results. FedEx Freight said on October 1, 2026, that it will release results for the four-month transition period ended September 30, 2026, after the market closes on October 29, 2026. The company changed its fiscal year-end, making this report an important early test of the standalone carrier's operating profile.

Stock sits above its yearly low

FedEx Freight's USD 110.96 price on the NYSE was 4.93 percent above its USD 105.75 52-week low and 44.52 percent below its USD 200.00 52-week high on October 20, 2026. Its market capitalization was USD 16.6 billion on the same date, while the trailing price-to-earnings ratio was 28.64. These figures place the target cut against a stock trading near the lower end of its annual range.

Results will test the transition period

The latest full-year figures provide the financial baseline. FedEx Freight reported USD 8.79 billion in revenue and USD 655.00 million in net income for fiscal year 2026, compared with USD 8.89 billion and USD 1.35 billion in fiscal year 2025, respectively, according to Simply Wall St. Revenue declined 1.12 percent, while net income fell 51.48 percent. The same source lists a fiscal 2026 profit margin of 7.45 percent, down from 15.10 percent in fiscal year 2025.

The October 29 release will cover a shorter transition period rather than a standard fiscal quarter. That distinction matters because the reported figures will offer the first direct view of FedEx Freight after its separation from FedEx Corporation. The company's investor-relations page describes the carrier as North America's largest less-than-truckload operator, with approximately 86,000 average daily shipments and more than 26,000 doors.

Price position after the target change

FedEx Freight's euro quote was EUR 98.68 at Lang & Schwarz on October 20, 2026 at 7:35 p.m. CEST. The next scheduled corporate date is October 29, 2026, when the company plans to discuss the four-month period ended September 30, 2026. The market will have to weigh the lower Raymond James target against the upcoming operating update.