FedEx just spun off its freight division and switched to a calendar fiscal year, making Wednesday's earnings the first real look at what the stripped-down parcel business can actually earn. Pilot contract costs and stranded overhead now stand between management's…
FedEx (NYSE:FDX | FDX Price Prediction) reports Wednesday, Oct. 28, after the bell. This is its first report since the June 1 FedEx Freight spinoff and the switch to a calendar fiscal year. It will be the first look at what the standalone parcel business can earn.
Strong Finish, Messier Starting Line FedEx ended fiscal 2026 on a high note. Fourth-quarter adjusted EPS of $6.31 beat the $5.95 consensus, and revenue rose 12.5% to $25.01 billion. That made five straight EPS beats. The core Express business finished the year with a 7.7% adjusted operating margin, its best in four years, and transformation savings exceeded $1 billion.
Costs weighed on the quarter. Operating income fell 21.94% in the quarter, dragged down by $205 million in Freight separation costs. Shares closed Friday at $298.76. That’s up 29.83% year to date but below the $328.57 level at the June report.
Wall Street’s Numbers for the First Post-Spin Quarter Metric Estimate or Guidance Comparison Change Quarter EPS (Sept. 2026) $3.37 $3.83 (Q1 FY26, including. Freight) -12.1% Quarter Revenue (Sept. 2026) $22.58 billion $22.24 billion +1.5% CY2026 Adjusted EPS (guidance) $16.90 to $18.10 $15 CY2025 baseline +16.7% at midpoint CY2026 Revenue (guidance) Growth of ~11% ~$82 billion CY2025 baseline ~11% CY2027 EPS Consensus $20.86 $17.50 CY2026 midpoint +19.2% The year-ago comparison includes Freight, so it exaggerates the decline. The quarterly EPS consensus has slipped from $3.57 a month ago.
Pilot Costs and Stranded Overhead Test the Margin Story Management has already called this the year’s mildest stretch. On the June call, interim CFO Claude Russ said Q3 would be the weakest quarter seasonally. A $200 million pilot-contract drag and remaining variable pay weigh on it. Even so, he said, “the margin in the transition period, both the calendar year and the transition period, will improve year over year.” I’ll hold them to that.
Stranded costs are the second test. FedEx had allocated a $600 million cost base to Freight, moved about $250 million to the new company, and plans to remove $100 million of what’s left in 2026. Watch for evidence the cuts remain on schedule.
Network 2.0 drives the savings. About 45% of eligible volume was set to run through optimized stations by June, rising to 65% before peak. The savings target is $2 billion by the end of 2027.
Pricing matters too. International priority yield rose 16% last quarter as FedEx went after premium health care, aerospace and data center shipments. I’ll also watch how it handles about $800 million in tariff refunds owed to customers.
A Clean Baseline for the Leaner FedEx This report sets the baseline for the new FedEx. Management expects most of the transition period’s $3.8 billion in adjusted operating income to land in Q4, so the outlook already assumes a lower Q3. The real test is whether margins rise without Freight while cost programs outrun wage and transportation inflation. If they do, the path to $6 billion in adjusted free cash flow by 2029 looks more credible.
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FedEx Dataworks a Stripe navázaly dlouhodobou spolupráci; první řešení pro rychlejší financování malých a středních podniků má být uvedeno začátkem roku 2027.
The long-term collaboration will create new solutions powered by supply chain intelligence and financial infrastructure.
MEMPHIS, Tenn. & SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Today, FedEx Dataworks and Stripe announced a long-term, strategic collaboration to help reduce friction in global commerce by combining signals from the global FedEx network and Stripe financial infrastructure. The first joint solution is planned for launch in early 2027. The two companies plan to leverage their respective platforms to expand access to financing for tens of thousands of small- and medium-sized businesses (SMBs). Additionally, FedEx will begin using Stripe as an option to process payments, adding more than 50 new payment methods to their checkouts through Stripe.
Securing capital remains a persistent hurdle for logistics-heavy SMBs. Traditional financing models rely on bank statements and credit scores, often overlooking operational indicators such as shipment activity, inventory movement, and fulfillment performance. By leveraging supply chain intelligence from FedEx Dataworks to help inform financing analysis with Stripe Capital, Dataworks and Stripe are seeking to close that gap and enable FedEx SMB customers to access funding that better reflects how they operate. With these real-time operational signals, Stripe will be better positioned to evaluate, approve, and deploy tailored funding more quickly than traditional lending processes, eliminating the friction for SMBs.
"Every day, FedEx helps move more than $2 trillion in global commerce, giving us unique visibility into how businesses operate," said Vishal Talwar, executive vice president, chief digital and information officer of FedEx Corp., and president of FedEx Dataworks. "Our focus at Dataworks is to leverage that intelligence by building solutions that create value for customers and help make supply chains smarter. This collaboration is an important step in laying the foundation for future innovations across the global economy."
"FedEx and Stripe power the physical and digital foundations of global trade," said John Collison, co-founder and president of Stripe. "Together, we can turn the operational momentum of a small business, like shipping a thousand packages a week, into access to growth finance through Stripe Capital.”
FedEx will also use Stripe to expand payment options for FedEx customers globally, adding more than 50 new payment methods to FedEx checkouts. With a wider variety of local payment methods, FedEx can help remove checkout friction so customers can pay how they prefer.
This announcement marks the beginning of a strategic, long-term collaboration between FedEx Dataworks and Stripe, laying the foundation for the next generation of business solutions powered by FedEx Dataworks logistics signals and Stripe’s financial infrastructure. As the collaboration evolves, both companies expect to scale these capabilities to meet the needs of increasingly complex global enterprise.
About Stripe
Stripe is building programmable financial services for millions of businesses globally. Millions of companies use Stripe to accept payments online and in person, embed financial services, power custom revenue models, and build a more profitable business. Headquartered in South San Francisco and Dublin, Stripe processes over $1.9 trillion of payments annually, equivalent to 1.6% of global GDP. Stripe users include all of the top AI companies, 90% of the Dow Jones Industrial Average, and 88% of the Forbes AI 50. Through its scale and investments in R&D – particularly artificial intelligence and stablecoins – Stripe accelerates the utility of frontier technology in the global economy.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, ecommerce, and business services. With annual revenue of $86 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 450,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
About FedEx Dataworks
FedEx Dataworks is the insights and intelligence subsidiary of FedEx Corp., moving FedEx beyond transportation and helping to power global commerce through actionable, data-driven solutions. We combine real-world movement data with advanced analytics and agentic capabilities to create products that enable enterprises and ecosystems to seamlessly optimize their value chains. Built on the trust, scale, and the operational DNA of FedEx, we provide insights, automation, and predictive intelligence designed to help businesses shift from reactive visibility to coordinated, proactive action.
Cautionary Statement Regarding Forward-Looking Information
Certain statements in this press release may be considered forward-looking statements, such as statements regarding expected future innovations and benefits of the strategic collaboration. Forward-looking statements include those preceded by, followed by or that include the words “will,” “may,” “could,” “would,” “should,” “believes,” “expects,” “forecasts,” “anticipates,” “plans,” “estimates,” “targets,” “projects,” “intends,” “determined to,” or similar expressions. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions in the global markets in which FedEx operates; uncertainty and additional volatility in the global trade environment; FedEx’s ability to successfully implement its business strategies and global transformation program and network optimization initiatives, including Network 2.0 and Tricolor, effectively respond to changes in market dynamics, and achieve the anticipated benefits of such strategies and actions; and other factors which can be found in FedEx’s and its subsidiaries’ press releases and FedEx’s filings with the Securities and Exchange Commission, including FedEx’s Annual Report on Form 10-K for the fiscal year ended May 31, 2026. Any forward-looking statement speaks only as of the date on which it is made. FedEx does not undertake or assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Image Credits:Harbinger FedEx is ordering 2,000 electric trucks from EV startup Harbinger in a deal worth $300 million. Harbinger, which already has trucks in production, plans to deliver all 2,000 by the end of next year, the company told TechCrunch.
It’s the largest bulk order yet for Harbinger, which was founded in 2022 by former employees of Anduril, defunct EV startup Canoo, and Quantumscape. Bloomberg News first reported the new order Wednesday morning. FedEx led a $160 million Series C funding round for Harbinger late last year.
Harbinger’s pitch since its inception has been to make one main product: an electric medium-duty commercial truck chassis. That simplified approach appears to have paid off, as the company is in production and generating revenue despite being just a few years old. It has already delivered 53 trucks to FedEx as part of an order that the shipping giant placed alongside last year’s fundraise.
That said, Harbinger has started to look at other possible revenue lines. The company is getting into hybrid emergency vehicles, acquired an autonomous driving company in February, and is selling the battery packs it developed as energy storage. The company is also getting into defense use cases. All this comes as Axios reported in May that the company is considering an IPO.
Akcionáři FedEx schválili všech 11 kandidátů na ředitele i odměňování vedení a odmítli tři návrhy akcionářů. CEO zároveň uvedl rekordní upravený volný cash flow a kapitálové výdaje ve výši 3,8 miliardy USD, tedy 4 % tržeb.
GLP-1 Demand Is Creating a New Dividend Angle in These 4 Logistics StocksFedEx NYSE: FDX shareholders elected all 11 director nominees and approved the company’s executive compensation proposal at its annual meeting, while rejecting three shareholder proposals concerning board leadership, special-meeting rights and risks tied to transporting abortion drugs.
The company said preliminary results showed shareholders also ratified Ernst & Young LLP as FedEx’s independent registered public accounting firm for the transition period from June 1, 2026, through Dec. 31, 2026. Final voting results are expected to be reported in a Form 8-K filing with the Securities and Exchange Commission.
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FedEx’s Earnings Drop May Be Missing the Bigger Freight StoryBrad Martin, chairman of the FedEx board, led the virtual meeting, which included the election of directors through the 2027 annual meeting. Raj Subramaniam, FedEx’s president and CEO, and Gina Adams, executive vice president, general counsel and corporate secretary, also participated.
Shareholder Proposals Rejected None of the three shareholder-sponsored proposals won approval.
A proposal seeking an independent board chair was presented by Matt Prescott, president and COO of The Accountability Board Inc. Prescott said Institutional Shareholder Services and Glass Lewis had recommended support for the measure. A proposal from shareholder John Chevedden called for the company to allow holders of a combined 10% of outstanding common stock to call a special shareholder meeting. Chevedden argued that FedEx’s existing shareholder right to call such a meeting was not meaningful. A proposal submitted by IWP Capital on behalf of the Catholic Diocese of Fort Worth sought a report on risks related to the distribution of abortion drugs. 3 Stocks to Watch If the Strait of Hormuz ReopensPia de Solenni, IWP Capital’s vice president of corporate engagement, said FedEx’s role in the transportation of regulated products could expose the company to legal and reputational risks related to shipments of mifepristone and other abortion drugs.
In response, Adams said FedEx is “a transportation and logistics provider, not a manufacturer, distributor, prescriber, or dispenser of pharmaceutical products.” She said the company transports regulated products under applicable laws, regulations and customer agreements, and that the board believes its current risk-management and compliance processes are appropriate.
CEO Cites Transformation Progress and Cash Flow Subramaniam said FedEx delivered strong fiscal 2026 results despite what he described as significant industry headwinds and global trade shifts. He credited the company’s transformation initiatives, including Network 2.0 and Tricolor, with helping create a more flexible, intelligent and agile network.
“Our ongoing digital transformation supported internal efficiencies, a better customer experience, and our ability to build smarter and more resilient supply chains,” Subramaniam said.
He said more centralized network planning and the company’s One FedEx strategy reduced fiscal 2026 capital expenditures to $3.8 billion, or 4% of revenue. Subramaniam called that the lowest capital-expenditure level as a percentage of revenue in company history.
FedEx generated record adjusted free cash flow during the year and returned about $2.2 billion to shareholders, according to Subramaniam. He also said the company completed the spinoff of FedEx Freight and hosted an Investor Day that outlined its strategy and calendar 2029 targets.
Fuel, Tax and Fleet Questions During the question-and-answer portion, Chief Customer Officer Brie Carere said FedEx updates its fuel surcharge weekly, with a lag of less than two weeks, to manage potential margin effects from changes in fuel prices. She said fuel-surcharge capture remained high and that the company had not seen an impact on demand to date.
Interim CFO Claude Russ said FedEx would provide an update during its Oct. 28 earnings call regarding the company’s tax rate following the One Big Beautiful Bill Act. Russ directed investors seeking details on aircraft additions and retirements to the company’s investor-relations website and statistical book.
About FedEx (NYSE:FDX)FedEx Corporation NYSE: FDX is a global transportation, e-commerce and business services company. Through its operating companies, FedEx provides package delivery, freight transportation, logistics, supply chain management and related services for businesses, governments and consumers.
The company's offerings include time-definite express shipping, ground delivery, less-than-truckload freight transportation, customs and international trade support, warehousing, fulfillment and other logistics solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Akcie FedEx klesají o 3,52 % na 281,25 USD, protože prudce rostoucí ceny ropy a nafty kvůli napětí na Blízkém východě tlačí na marže. Vyšší náklady na palivo zvyšují krátkodobý tlak na provozní zisk.
FedEx Corporation (NYSE:FDX) shares are falling Thursday afternoon as surging crude and diesel prices, driven by escalating Middle East geopolitical tensions and proposed fuel trade restrictions, threaten operating margins across global logistics networks.
Here’s what investors need to know.
FedEx stock is showing notable weakness. Why is FDX stock falling? Geopolitical Oil Spike and Diesel Export Ban WarningsEnergy commodity futures rallied sharply following a breakdown in diplomatic momentum at the United Nations General Assembly in New York. Tensions escalated after Iranian President Masoud Pezeshkian delivered a defiant address on Wednesday, stating that despite attacks, they “did not bend the knee”. The resulting standstill in U.S.-Iran talks injected a fresh risk premium into global oil markets, driving West Texas Intermediate and Brent crude futures higher.
Compounding energy market anxiety, several prominent national trade and business groups issued a joint warning to President Donald Trump on Thursday, urging the administration to abandon a planned ban on U.S. diesel exports. Industry representatives cautioned that restricting refined product exports would disrupt domestic refinery yield balances, create regional supply bottlenecks, and force wholesale diesel fuel prices substantially higher.
Fuel Lag Surcharges and Network IntegrationThe sudden increase in fuel input costs directly impacts logistics providers due to the massive fuel consumption required across air fleet and long-haul trucking operations. While FedEx utilizes weekly index-based fuel surcharges across its FedEx Express and FedEx Ground segments to pass energy costs to commercial shippers, rapid spikes in spot diesel and jet fuel prices create a temporary recovery lag that compresses short-term operating margins.
The fuel headwind emerges as management prepares for the FedEx Annual Meeting of Stockholders scheduled for Sept. 28, ahead of its third-quarter 2026 Earnings Call slated for Oct. 28.
As Chief Executive Officer Raj Subramaniam accelerates the enterprise’s “DRIVE” cost-reduction initiative, aimed at slashing $4 billion in structural expenses through the consolidation of Express and Ground operations into One FedEx, unexpected fuel cost inflation poses a direct challenge to network efficiency targets and near-term operating income metrics.
FDX Shares Drop ThursdayFDX Price Action: FedEx shares were down 3.52% at $281.25 at the time of publication on Thursday, according to Benzinga Pro data.
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Konsorcium vedené FedEx a Advent získalo v nabídce na převzetí InPost 89,81 % akcií, čímž překročilo minimální hranici 80 %. Společnost bude po uzavření transakce stažena z burzy.
Polish parcel locker operator InPost (INPST.AS) said on Friday that 89.81% of its shares had been tendered in the offer from a consortium made up of FedEx (FDX.N), Advent International and other InPost investors.
The minimum acceptance threshold of 80% of shares was reached, InPost added in a statement.
The consortium agreed in February to buy InPost for about €7.8 billion ($8.95 billion) in an all-cash offer of €15.60 per share. InPost has said its shares will be delisted from Euronext Amsterdam after the transaction closes.
The company, which operates across nine countries including Poland, has one of Europe's largest networks of automated parcel lockers. It will continue to operate under the InPost name and maintain its management structure and headquarters in Poland.
Since its 2021 listing, its shares have faced pressure from intensifying competition in its home market and heavy investment spending to support rapid expansion.
FedEx představil Global Trade Navigator, sadu digitálních nástrojů pro zjednodušení mezinárodní přepravy a včasné řešení celních požadavků. Cílem je lepší přehled o clech, daních a dokumentaci před odesláním zásilky.
Enhanced digital capabilities help businesses improve shipment data, estimate costs, and address customs requirements earlier
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today introduced Global Trade Navigator, a suite of digital tools and capabilities designed to help businesses navigate the complexities of international shipping with greater confidence. The enhanced capabilities provide businesses with information and insights to better understand international shipping requirements, improve shipment information, and take action when customs requirements need attention.
Businesses of all sizes can experience different challenges when shipping internationally, from understanding duties and taxes to navigating customs requirements and shipment documentation. According to the 2026 FedEx Small Business Trade Index, 68% of small- and medium-sized businesses regularly see customers surprised by duties at delivery, while 60% report losing revenue through refunds or abandoned purchases. Global Trade Navigator is designed to move trade intelligence earlier in that journey, helping businesses make more informed shipping decisions and address issues before they become clearance problems. By addressing those challenges across planning, shipment preparation, checkout, and reporting, FedEx enables businesses to reduce the complexity of international shipping.
“International shipping requires businesses to make complex decisions long before a package begins its journey,” said Jason Brenner, senior vice president, digital portfolio, FedEx. “Building on decades of global trade expertise, Global Trade Navigator makes critical trade information and guidance more accessible to businesses as they grow internationally. The result is fewer surprises and a more predictable experience for businesses and consumers.”
These digital tools support customers ranging from small- and medium-sized businesses exploring international shipping for the first time to enterprises integrating trade information into established workflows.
Plan before shipping: New FedEx® Trade Planner will provide free, self-service guidance on fedex.com without requiring a login. Businesses can look up Harmonized System codes; estimated duties, taxes, and fees; and document recommendations before creating a shipping label. Improve shipment data: New FedEx Ship Manager® capabilities will allow customers to review product Harmonized System code classifications, customs values, and country of manufacture details. Increase cost transparency at checkout: New FedEx® Duty and Tax app on Shopify will enable merchants to display a duty and tax guarantee during checkout, providing customers with greater visibility into import costs before completing a purchase. Integrate trade insights: Available through the FedEx Developer Portal, Global Trade APIs allow businesses to integrate product classifications, estimated duties and taxes, and regulatory information into existing workflows. Manage clearance and reporting: Enhancements to the FedEx® Import Tool and FedEx® Reporting help customers view customs clearance activity, identify required actions, manage payments, and access global import and export data. These capabilities are part of the company’s continued investment in a more connected, intelligent international shipping experience that helps businesses navigate complexity and grow globally with confidence. You can learn more and access available tools at Global Trade Navigator.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $86 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 450,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
Společnost FedEx uvedla, že využívá data, AI a integraci sítě ke snížení nákladů a rozšíření služeb v oblasti dodavatelského řetězce. Firma stále míří na cíle pro kalendářní rok 2029: mírný růst tržeb, dvouciferný růst zisku a 6 miliard USD volného peněžního toku.
GLP-1 Demand Is Creating a New Dividend Angle in These 4 Logistics StocksFedEx NYSE: FDX executives outlined how the company is using data, artificial intelligence and network integration to reduce costs, improve delivery precision and expand into supply-chain technology services during Citi’s TMT conference.
President and CEO Raj Subramaniam said the company remains focused on its previously stated calendar 2029 targets of modest revenue growth, double-digit earnings growth and $6 billion in free cash flow. He said FedEx is seeing underlying business momentum and is “well on our way” toward those objectives.
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Network transformation and cost reduction FedEx’s Earnings Drop May Be Missing the Bigger Freight StorySubramaniam said FedEx began a structural cost-reduction program in 2022 and has removed billions of dollars from its cost structure. The company has previously cited $4 billion in savings from its DRIVE program and another $2 billion associated with Network 2.0.
A central component of that transformation is combining what had been relatively independent U.S. Express and Ground networks. Subramaniam described the effort as one of the largest industrial transformations in recent history. FedEx was about 42% complete at the time of its last earnings call, he said, expects to reach 62% completion by year-end and remains on track to finish the work next year.
3 Stocks to Watch If the Strait of Hormuz ReopensTechnology has been essential to the effort, according to Subramaniam. He said the company’s development of a digital twin of its network has supported both cost savings and network integration while establishing a foundation for new customer services.
FedEx operates 700 aircraft, 200,000 trucks and 5,000 facilities, Subramaniam said. The company generates roughly 2 petabytes of data daily through a network that moves about $2 trillion of commerce annually.
AI applications target efficiency and service precision Vishal Talwar, FedEx’s executive vice president and chief digital and information officer, said the company views AI as still being in its early stages for logistics. FedEx is applying the technology internally to improve efficiency while also using it to differentiate services and create new revenue streams.
Among current applications, Talwar said AI has reduced aircraft-maintenance research time from 30 minutes to three minutes, representing an approximately 90% efficiency improvement. The company has also reduced its predictable delivery-time window to two hours from four hours, enabling parcels to be placed within two hours of their estimated arrival times.
FedEx is using computer vision to identify non-standard packages and recover surcharge revenue that otherwise could have been missed. Talwar said that initiative is already delivering annual benefits of more than tens of millions of dollars.
Subramaniam said small operational improvements can have outsized effects in an “inventory in motion” network. At the company’s Memphis hub, for example, FedEx has improved flight arrival time by eight minutes, which he characterized as a meaningful gain for operations.
Expanding into supply-chain visibility and orchestration FedEx executives said the company sees an opportunity to address inefficiencies across broader supply chains rather than only in transportation. Subramaniam estimated that global supply chains contain $1.9 trillion in inefficiency.
Talwar said customers in high-value business-to-business sectors including healthcare, automotive, aerospace, data centers and high technology are seeking visibility across sourcing, manufacturing, suppliers, inbound and outbound logistics. In healthcare, FedEx is helping medical-device manufacturers connect inventory and supplier insights with hospital systems, allowing customers to identify demand signals earlier and potentially rebalance inventory.
The company also offers SenseAware, a monitoring capability for high-value shipments that can track conditions such as temperature and surrounding weather. FedEx’s Surround capability provides package-location visibility. Talwar said 40% of FedEx healthcare customers use one of those two capabilities.
Through its DataWorks organization, formed roughly four or five years ago, FedEx is developing businesses around proprietary data insights, externalizing internal technology solutions and supply-chain orchestration. Talwar said the orchestration platform includes modules for inventory flow, supplier insights, demand management, forecasting and yard management.
FedEx has partnered with Dun & Bradstreet on a Retail Momentum Index that Subramaniam said provides a leading indicator for U.S. retail sales. He also said FedEx DataWorks recently announced a relationship with the U.S. Army to help orchestrate its supply chain.
Physical automation remains a focus FedEx is also pursuing physical AI for truck loading and unloading, two areas Subramaniam said remain difficult to automate because packages vary in size, shape and weight. The company expects to deploy robots for those tasks in Hagerstown, Maryland, before December, he said.
In addition, FedEx is working with Aurora on automated trucks for facility-to-facility highway routes. Subramaniam said autonomous driving is easier to deploy on highways, while human drivers can continue handling operations within facilities.
Looking ahead, Talwar said FedEx’s priority is to make supply chains more connected and predictive. He said the industry’s eventual shift from printed labels toward active, intelligent labels could create additional opportunities. Subramaniam said FedEx’s physical network and first-party data provide a competitive advantage as the company seeks to position itself as a platform that customers and partners can use to create additional value.
About FedEx (NYSE:FDX)FedEx Corporation NYSE: FDX is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.
FedEx's core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Emerald Investment Advisers LLC purchased a new position in FedEx Corporation (NYSE:FDX – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,777 shares of the shipping service provider’s stock, valued at approximately $2,122,000.
A number of other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in FedEx in the 2nd quarter valued at $6,508,103,000. Norges Bank purchased a new position in FedEx in the 4th quarter valued at $859,085,000. Boston Partners acquired a new stake in FedEx during the 3rd quarter worth $468,195,000. AQR Capital Management LLC boosted its stake in FedEx by 169.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock worth $638,203,000 after purchasing an additional 1,718,278 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of FedEx during the second quarter worth $466,943,000. 84.47% of the stock is owned by institutional investors and hedge funds.
FedEx Trading Down 0.3% NYSE FDX opened at $325.03 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.48 and a quick ratio of 1.44. The stock has a market capitalization of $76.92 billion, a P/E ratio of 17.56, a PEG ratio of 1.67 and a beta of 1.30. The firm’s 50-day moving average is $319.03 and its two-hundred day moving average is $351.53. FedEx Corporation has a 12 month low of $177.05 and a 12 month high of $345.36.
FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. The business had revenue of $23.26 billion during the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. On average, sell-side analysts anticipate that FedEx Corporation will post 17.6 earnings per share for the current year. FedEx Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, September 14th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, September 14th. FedEx’s dividend payout ratio (DPR) is 26.36%.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their target price on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating for the company in a research report on Wednesday, June 17th. The Goldman Sachs Group lowered their price target on shares of FedEx from $405.00 to $375.00 and set a “buy” rating on the stock in a research report on Monday, June 1st. Wall Street Zen raised shares of FedEx to a “hold” rating in a research note on Saturday, August 8th. Citizens Jmp started coverage on shares of FedEx in a report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 price objective for the company. Finally, Stephens raised shares of FedEx to a “strong-buy” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $350.54.
Get Our Latest Analysis on FedEx
Insider Transactions at FedEx In other FedEx news, Director Paul S. Walsh sold 5,042 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the sale, the director owned 16,359 shares of the company’s stock, valued at $5,309,477.04. The trade was a 23.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.53% of the stock is currently owned by insiders.
Key FedEx News Here are the key news stories impacting FedEx this week:
Positive Sentiment: FedEx’s board declared a quarterly cash dividend of $1.22 per share, payable October 1 to shareholders of record on September 14. The unchanged dividend reinforces the company’s commitment to returning capital and may support income-oriented investor interest. FedEx Corp. Board Declares Quarterly Dividend Positive Sentiment: FedEx and UPS reportedly secured modifications to government delivery contracts, potentially providing additional volume and revenue visibility for FedEx’s network. UPS and FedEx land government delivery contract modifications Neutral Sentiment: Wall Street analysts remain cautiously optimistic about FedEx, citing its strong performance over the past year but maintaining a measured outlook on future prospects. This suggests support for the stock but limited expectations for near-term upside. Are Wall Street Analysts Bullish on FedEx Stock? Negative Sentiment: Reports that UPS, FedEx and DHL are returning billions in tariff-related charges to eligible U.S. customers could create reimbursement costs and administrative complexity, although the ultimate financial impact on FedEx remains unclear. UPS, FedEx and DHL are giving back billions in Trump tariffs Negative Sentiment: FedEx reportedly paid its top executives $81 million in fiscal 2026, a 131% increase from the prior year. The sharp rise may draw investor scrutiny regarding compensation discipline and corporate governance. Memphis-based FedEx paid top executives $81M Negative Sentiment: Amazon’s planned expansion of drone delivery to nearly 500 U.S. cities increases competitive pressure in last-mile shipping and could challenge FedEx’s parcel volumes over time. Amazon to Bring Drone Delivery to 500 Cities FedEx Profile (Free Report)
FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.
FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.
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Bank of New York Mellon Corp ve 2. čtvrtletí koupila novou pozici ve FedEx v rozsahu 1 491 211 akcií za zhruba 466,9 mil. USD. Na konci období držela asi 0,63 % společnosti.
Bank of New York Mellon Corp acquired a new position in shares of FedEx Corporation (NYSE:FDX – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,491,211 shares of the shipping service provider’s stock, valued at approximately $466,943,000. Bank of New York Mellon Corp owned approximately 0.63% of FedEx at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of FDX. Hollencrest Capital Management acquired a new stake in FedEx during the 1st quarter valued at $25,000. Bayban acquired a new position in FedEx in the 1st quarter worth $26,000. Cedar Mountain Advisors LLC lifted its holdings in FedEx by 77.4% in the 1st quarter. Cedar Mountain Advisors LLC now owns 94 shares of the shipping service provider’s stock worth $33,000 after buying an additional 41 shares in the last quarter. EFG International AG purchased a new position in FedEx in the 4th quarter valued at about $27,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of FedEx during the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.
FedEx News Roundup Here are the key news stories impacting FedEx this week:
Positive Sentiment: FedEx’s board declared a quarterly cash dividend of $1.22 per share, payable October 1 to shareholders of record on September 14. The unchanged dividend reinforces the company’s commitment to returning capital and may support income-oriented investor interest. FedEx Corp. Board Declares Quarterly Dividend Positive Sentiment: FedEx and UPS reportedly secured modifications to government delivery contracts, potentially providing additional volume and revenue visibility for FedEx’s network. UPS and FedEx land government delivery contract modifications Neutral Sentiment: Wall Street analysts remain cautiously optimistic about FedEx, citing its strong performance over the past year but maintaining a measured outlook on future prospects. This suggests support for the stock but limited expectations for near-term upside. Are Wall Street Analysts Bullish on FedEx Stock? Negative Sentiment: Reports that UPS, FedEx and DHL are returning billions in tariff-related charges to eligible U.S. customers could create reimbursement costs and administrative complexity, although the ultimate financial impact on FedEx remains unclear. UPS, FedEx and DHL are giving back billions in Trump tariffs Negative Sentiment: FedEx reportedly paid its top executives $81 million in fiscal 2026, a 131% increase from the prior year. The sharp rise may draw investor scrutiny regarding compensation discipline and corporate governance. Memphis-based FedEx paid top executives $81M Negative Sentiment: Amazon’s planned expansion of drone delivery to nearly 500 U.S. cities increases competitive pressure in last-mile shipping and could challenge FedEx’s parcel volumes over time. Amazon to Bring Drone Delivery to 500 Cities Analyst Ratings Changes Several research analysts recently commented on the company. Stephens upgraded FedEx to a “strong-buy” rating in a research note on Wednesday, July 8th. JPMorgan Chase & Co. restated a “buy” rating on shares of FedEx in a report on Friday, June 26th. TD Cowen cut their target price on FedEx from $426.00 to $354.00 in a research report on Wednesday, June 24th. BNP Paribas Exane reduced their target price on FedEx from $335.00 to $269.76 and set a “neutral” rating for the company in a research note on Tuesday, June 2nd. Finally, Weiss Ratings raised shares of FedEx from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, FedEx presently has a consensus rating of “Moderate Buy” and an average price target of $350.54. View Our Latest Stock Report on FedEx
Insider Buying and Selling In other FedEx news, Director Paul S. Walsh sold 5,042 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the completion of the sale, the director directly owned 16,359 shares in the company, valued at $5,309,477.04. This represents a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.53% of the stock is currently owned by insiders.
FedEx Stock Performance FDX stock opened at $325.03 on Friday. The company has a market capitalization of $76.92 billion, a P/E ratio of 17.56, a PEG ratio of 1.68 and a beta of 1.30. The company has a 50-day simple moving average of $319.03 and a 200 day simple moving average of $351.53. FedEx Corporation has a fifty-two week low of $177.05 and a fifty-two week high of $345.36. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74.
FedEx (NYSE:FDX – Get Free Report) last announced its earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share (EPS) for the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. The firm had revenue of $23.26 billion during the quarter. Sell-side analysts predict that FedEx Corporation will post 17.6 earnings per share for the current fiscal year.
FedEx Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, September 14th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, September 14th. FedEx’s dividend payout ratio (DPR) is currently 26.36%.
FedEx Company Profile (Free Report)
FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.
FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.
Recommended Stories Five stocks we like better than FedEx Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding FDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FedEx Corporation (NYSE:FDX – Free Report).
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Advisors Capital Management ve 2. čtvrtletí koupila nový podíl ve společnosti FedEx za zhruba 741 000 USD, tedy 2 367 akcií. FedEx zároveň oznámila čtvrtletní dividendu ve výši 1,22 USD na akcii.
Advisors Capital Management LLC acquired a new stake in FedEx Corporation (NYSE:FDX – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,367 shares of the shipping service provider’s stock, valued at approximately $741,000.
Other institutional investors also recently bought and sold shares of the company. Hollencrest Capital Management purchased a new stake in shares of FedEx during the 1st quarter valued at $25,000. Bayban acquired a new position in shares of FedEx in the first quarter worth about $26,000. EFG International AG purchased a new stake in FedEx during the 4th quarter worth approximately $27,000. Wealth Watch Advisors INC acquired a new position in shares of FedEx in the 3rd quarter valued at approximately $28,000. Finally, Tucker Asset Management LLC acquired a new position in FedEx during the 4th quarter worth $29,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.
FedEx Trading Down 0.3% NYSE FDX opened at $325.03 on Friday. FedEx Corporation has a twelve month low of $177.05 and a twelve month high of $345.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48. The stock has a market cap of $76.92 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 1.68 and a beta of 1.30. The firm’s 50 day moving average price is $319.03 and its two-hundred day moving average price is $351.53.
FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 EPS for the quarter. The firm had revenue of $23.26 billion during the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%. Equities analysts anticipate that FedEx Corporation will post 17.6 EPS for the current year. FedEx Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, September 14th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a yield of 1.5%. FedEx’s dividend payout ratio (DPR) is presently 26.36%.
Insiders Place Their Bets In other news, Director Paul S. Walsh sold 5,042 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total transaction of $1,636,431.52. Following the completion of the sale, the director directly owned 16,359 shares of the company’s stock, valued at $5,309,477.04. This trade represents a 23.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.53% of the stock is currently owned by insiders.
Key Headlines Impacting FedEx Here are the key news stories impacting FedEx this week:
Positive Sentiment: FedEx’s board declared a quarterly cash dividend of $1.22 per share, payable October 1 to shareholders of record on September 14. The unchanged dividend reinforces the company’s commitment to returning capital and may support income-oriented investor interest. FedEx Corp. Board Declares Quarterly Dividend Positive Sentiment: FedEx and UPS reportedly secured modifications to government delivery contracts, potentially providing additional volume and revenue visibility for FedEx’s network. UPS and FedEx land government delivery contract modifications Neutral Sentiment: Wall Street analysts remain cautiously optimistic about FedEx, citing its strong performance over the past year but maintaining a measured outlook on future prospects. This suggests support for the stock but limited expectations for near-term upside. Are Wall Street Analysts Bullish on FedEx Stock? Negative Sentiment: Reports that UPS, FedEx and DHL are returning billions in tariff-related charges to eligible U.S. customers could create reimbursement costs and administrative complexity, although the ultimate financial impact on FedEx remains unclear. UPS, FedEx and DHL are giving back billions in Trump tariffs Negative Sentiment: FedEx reportedly paid its top executives $81 million in fiscal 2026, a 131% increase from the prior year. The sharp rise may draw investor scrutiny regarding compensation discipline and corporate governance. Memphis-based FedEx paid top executives $81M Negative Sentiment: Amazon’s planned expansion of drone delivery to nearly 500 U.S. cities increases competitive pressure in last-mile shipping and could challenge FedEx’s parcel volumes over time. Amazon to Bring Drone Delivery to 500 Cities Analyst Ratings Changes Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft lowered FedEx from a “buy” rating to a “hold” rating in a research report on Wednesday, May 27th. TD Cowen reduced their price objective on FedEx from $426.00 to $354.00 in a research note on Wednesday, June 24th. Stifel Nicolaus decreased their price objective on shares of FedEx from $442.00 to $326.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. The Goldman Sachs Group lowered their target price on shares of FedEx from $405.00 to $375.00 and set a “buy” rating for the company in a research note on Monday, June 1st. Finally, Wells Fargo & Company dropped their target price on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $350.54.
Check Out Our Latest Report on FedEx
About FedEx (Free Report)
FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.
FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.
See Also Five stocks we like better than FedEx Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
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The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.22 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable October 1, 2026, to stockholders of record at the close of business on September 14, 2026.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $86 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 450,000 employees to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260820967961/en/
Key Takeaways FedEx Freight debuted as a standalone S&P 500 LTL carrier with a large North American network. Management targets 4%-6% revenue growth, 10%-12% adjusted operating income growth and $1B free cash flow. Standalone systems, freight cyclicality and elevated debt could pressure costs and demand. FedEx Freight (FDXF - Free Report) has entered the public market as a standalone freight company. Its S&P 500 debut gives investors a clearer way to evaluate a business that was previously housed inside FedEx.
The case now rests on a focused less-than-truckload, or LTL, network, post-spin targets and the company’s ability to execute without the operating support of its former parent.
FDXF Starts Life as a Pure LTL CarrierFedEx Freight is now a focused North American LTL carrier serving manufacturers, retailers, distributors and business customers. The model moves smaller freight shipments from many customers through a shared terminal and linehaul network rather than dedicating an entire truck to one shipper.
Scale is central to that model. FDXF handles roughly 90,000 daily shipments across more than 365 locations, supported by 30,000 vehicles and 40,000 team members. That footprint matters because LTL customers value coverage, reliable pickup and delivery, shipment visibility and claims performance.
The company now sits in a peer set that includes Old Dominion Freight Line (ODFL - Free Report) , a major national LTL carrier, and XPO (XPO - Free Report) , which also competes in North American LTL. Those peers give investors a useful comparison group for pricing discipline, service quality and margin performance.
FedEx Freight Gains Strategic FreedomThe spin-off changes the management agenda. FedEx Freight no longer competes internally with parcel and express operations for capital, systems investment or executive attention. The company can direct resources toward freight customers and freight-specific network decisions.
That independence could sharpen execution. A dedicated sales force can focus on industrial, retail and distribution accounts, while technology spending can be targeted toward shipment visibility, pricing, dock productivity and route planning.
Strategic freedom does not guarantee faster growth, but it creates a cleaner investment story. Investors can now judge FDXF on freight fundamentals rather than on its contribution to a broader transportation portfolio.
FDXF Growth Plan Centers on MarginsManagement’s medium-term targets frame the stock’s growth case. FedEx Freight is aiming for revenue growth of 4% to 6% and adjusted operating income growth of 10% to 12% over the medium term.
The plan also calls for free cash flow above $1 billion, free cash flow conversion above 90% and a capital expenditure-to-revenue ratio near 5%. Those targets suggest that the company is not simply chasing shipment volume.
That distinction is important in LTL. Volume growth can help network density, but poorly priced freight can dilute margins. For FDXF, the cleaner upside would come from better yields, improved network balance, disciplined capacity spending and productivity gains.
FedEx Freight Faces a Tough Reality CheckExecution risk is the first test. FedEx Freight must build and operate standalone corporate systems after the spin-off, including public-company functions. Any disruption could absorb management time and raise costs early in independence.
The business is also exposed to the freight cycle. Industrial production, manufacturing activity, retail replenishment and broader business spending influence LTL volumes. Softer demand could pressure shipment counts, pricing and operating leverage.
Leverage adds another constraint. Elevated debt created before separation may reduce flexibility if the freight market weakens or if standalone costs run higher than planned. Debt service needs can compete with technology spending and network investment.
FDXF Signals a Mixed Setup for InvestorsThe bottom line is that FedEx Freight offers a cleaner way to own a large North American LTL network, but the stock still needs operating proof as a standalone company. The spin-off improves strategic focus, yet investors have to weigh that against systems execution, cyclicality and balance-sheet pressure.
FDXF currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. We believe the stock remains worth holding for investors with a long-term horizon.
The consensus price target for FDXF stock is $175, implying an upside of more than 17% from current levels.
Image Source: Zacks Investment Research
The stock also has a Value Score of C, Growth Score of C, Momentum Score of F and VGM Score of D. That mix points to a neutral near-term setup rather than a clear buying signal.
The Style Scores reinforce that stance. C grades in value and growth suggest middle-of-the-road characteristics, while the F in momentum indicates weak timing on that measure. With a VGM Score of F, FDXF looks better suited for monitoring than for an aggressive entry until investors see cleaner execution and evidence that margin targets are becoming durable results.
FedEx ve 4. čtvrtletí fiskálního roku 2026 překonal odhady zisku i tržeb díky poptávce B2B. Pro kalendářní rok 2026 čeká růst tržeb asi o 11 % a upravený EPS v rozmezí 16,90 až 18,10 USD.
Key Takeaways FedEx beat fiscal 2026 fourth-quarter earnings and revenue estimates, aided by B2B demand.FDX expects about 11% revenue growth and adjusted EPS of $16.90-$18.10 in calendar 2026. Higher fuel costs and the end of the de minimis exemption may pressure FedEx's near-term margins. FedEx Corporation (FDX - Free Report) , a leading parcel delivery company with a market capitalization of around $75 billion, has seen its shares jump more than 10% so far this year. Improved operational efficiency driven by prudent cost-cutting measures has buoyed the company’s shares. Strong cash flows, a disciplined approach to capital expenditure and resilience in demand in the U.S. domestic package network, despite global uncertainties, have been boosting the company's prospects.
Despite the double-digit gain (% wise) year to date, the stock has marginally underperformed the Zacks Transportation—Air Freight and Cargo industry and rival United Parcel Service (UPS - Free Report) . FDX has, however, outperformed fellow industry player GXO Logistics (GXO - Free Report) .
YTD Price Comparison<Image Source: Zacks Investment Research
Given the stock’s double-digit price gain on the back of the company’s ongoing cost-cutting initiatives aimed at boosting bottom-line growth, investors may be questioning whether it is a buy at present. Let’s take a closer look to address this question.
FDX Performs Well in Q4 FY26 & Gives Bullish OutlookIn the fourth quarter of fiscal 2026, results of which were released last month, FedEx’s earnings (excluding 29 cents from non-recurring items) of $6.31 per share beat the Zacks Consensus Estimate of $5.91 as well as improved 3.9% year over year. The company’s bottom line benefited from share repurchase activity.
Revenues of $25 billion came ahead of the Zacks Consensus Estimate of $24.1 billion and improved 12.5% from the year-ago quarter. In the quarter, the majority of the revenue growth was driven by business-to-business (“B2B”) services and the three-month period was the brightest quarter within fiscal year 2026 from a B2B perspective. This is in line with the company’s continuous efforts to move away from low-margin parcel traffic.
To bolster margins, FedEx is shifting its focus toward high-margin B2B segments — specifically healthcare, aerospace, automotive and data centers. In Europe, the company achieved its 12th consecutive quarter of international revenue share gains, driven by the strong value proposition and improving service levels.
Apart from focusing on AI tools to improve efficiency and customer experience, the transportation giant is keeping CapEx low to boost profitability. As part of its cost discipline, the company aims to achieve a CapEx of $3.9 billion in calendar year 2026. We note that the company has changed its fiscal year-end from May 31 to Dec. 31. The fiscal year change became effective for the period beginning June 1, 2026.
For the calendar year 2026, FedEx anticipates revenue growth of approximately 11%, including about 3 percentage points of assumed fuel price-driven surcharge benefit. The outlook is likely to be supported by continued momentum within base pricing and increased demand for premium B2B and high-value B2C services. This translates to an adjusted EPS range of $16.90 to $18.10. Robust free cash flow is expected to be generated in the period, with the company intending to repurchase up to $1 billion worth of shares. The company expects to generate cost savings worth $2 billion by the end of calendar 2027.
Driven by the cost-cutting initiatives and the impressive outlook, the consensus price target for FDX stock is $357.58, implying an upside of more than 14% from current levels.
Image Source: Zacks Investment Research
Near-Term Headwinds PersistNo doubt, FedEx is seeing consistent improvement, largely supported by efficiencies driven by artificial intelligence, but its near-term outlook remains somewhat uneven. Rising fuel prices, regulatory shifts and wider macroeconomic challenges continue to act as significant obstacles.
With the United States and Iran once again exchanging fire, the already fragile ceasefire is under renewed strain. The uptick in oil prices, following the renewed hostilities, is putting pressure on transportation companies like FedEx.
Since fuel is a major cost component for such businesses, higher prices directly impact profitability. The disruption of the Strait of Hormuz — an essential oil transit route under Iran’s control — has further intensified the situation. Nearly 20% of the world’s traded oil moves through this passage and the disturbance has pushed diesel and jet fuel costs higher, raising expenses across FedEx’s global delivery operations. Moreover, the increase in hostilities in the Ukraine-Russia conflict has accentuated the uncertain global scenario.
In addition, evolving global trade policies are weighing on FedEx’s short-term outlook. The United States has eliminated the “de minimis” exemption for low-value shipments, leading to higher international shipping costs. FedEx now encounters increased brokerage expenses and operational challenges as it must handle formal customs procedures for shipments that were previously exempt from duties. These factors are likely to weigh on margins in the near term, even as FDX works to offset some of the impact through pricing and cost controls.
Valuation CheckFDX stock is trading at 0.78X forward sales, lower than the industry. Its closest peer, United Parcel Service, has a P/S ratio of 1.08. Meanwhile, GXO Logistics is trading at a forward sales multiple of 0.43. FedEx has a Value Score of B, like United Parcel Service and GXO Logistics
FDX Shares Don’t Appear to be PriceyImage Source: Zacks Investment Research
Our Take: Hold for NowFDX’s long-term outlook is becoming increasingly favorable, supported by its emphasis on higher-margin B2B segments, which enhances earnings visibility and margin expansion potential. The company’s commitment to strengthening its bottom line through cost-reduction initiatives is particularly encouraging and could become an increasingly important driver of the long-term investment thesis.
That said, the near-term outlook remains somewhat mixed. Elevated fuel costs, challenges stemming from the removal of the de minimis exemption and broader external uncertainties may continue to weigh on earnings momentum over the next few quarters. Currently, the risk-reward profile does not appear attractive enough to justify a new investment. We believe the stock remains worth holding for investors with a long-term horizon. Potential investors may prefer to wait for a more attractive entry point.
FedEx currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
FedEx prodá FedEx Supply Chain skupině CMA CGM za podnikovou hodnotu 1,4 miliardy USD. Firma tím dál zúží své portfolio a zaměří se na zdravotnictví, automobilový, letecký a datacentrový segment.
FedEx plans to sell FedEx Supply Chain to CMA CGM Group, a Marseille-based global provider of sea, land, air and logistics solutions, at an enterprise value of $1.4 billion.
The acquisition is expected to close by the end of the year, subject to customary regulatory approvals, the companies said in a Wednesday (July 1) press release.
FedEx Supply Chain provides warehousing, distribution, fulfillment, returns, recycling and transportation management services, according to a company structure page on FedEx’s website.
Upon the closing of the acquisition, CMA CGM subsidiary CEVA Logistics would see its North American contract logistics operations nearly triple in size. After integrating FedEx Supply Chain’s assets and nearly 10,000 team members, CEVA Logistics would operate about 150 warehouses and have 20,000 employees in North America, according to the release.
In addition, following the execution of the transaction, CMA CGM and FedEx expect to enter into multiyear commercial agreements in which CMA CGM will become a preferred ocean carrier for FedEx and the companies will work together on air cargo capacity solutions. These agreements are expected to begin between now and 2028, per the release.
CMA CGM Group Chairman and CEO Rodolphe Saadé said in the release that the acquisition and partnership will expand CEVA Logistics’ activities in North America and strengthen the company’s ability to provide integrated supply chain solutions.
“These deals also reinforce our long-term commitment to investing in the United States and supporting the resilience and efficiency of its supply chain,” Saadé said.
FedEx President and CEO Raj Subramaniam said in the release that the sale of FedEx Supply Chain enables FedEx to continue sharpening its focus on high-value verticals such as healthcare, automotive, aerospace and data centers.
“By streamlining our portfolio, FedEx is better positioned to execute our long-term vision and continue to serve as the heartbeat of the industrial economy, delivering unmatched connectivity, reliability and value to our customers globally,” Subramaniam said.
When reporting its quarterly earnings on June 23, FedEx said that it finalized the spinoff of its less-than-truckload (LTL) business, FedEx Freight, into a new publicly traded company on June 1. The company said in an earnings presentation that the move positions both companies for success as “focused industry leaders.”
FedEx snižuje četnost letů, odstavuje letadla a snižuje počet zaměstnanců, aby kompenzoval slabou poptávku. Program DRIVE přinesl ve fiskálním roce 2024 1,8 mld. USD a ve fiskálním roce 2025 dalších 2,2 mld. USD opakovaných úspor, celkem 4 mld. USD.
Key Takeaways FedEx is cutting flight frequencies, parking aircraft and reducing its workforce to counter weak demand. FedEx has reported better-than-expected results in Q4 driven by cost-cut initiatives.FedEx is reshaping costs through DRIVE, which delivered $4B in recurring savings across fiscal 2024-2025. FedEx (FDX - Free Report) is reshaping its cost structure through the company-wide DRIVE initiative to better align operations with post-pandemic market conditions. The program delivered $1.8 billion in recurring savings in fiscal 2024 and another $2.2 billion in fiscal 2025.
In addition, FedEx is improving efficiency through network transformation initiatives such as Network 2.0, Tricolor and its European optimization efforts. These initiatives have enabled the company to surpass its fiscal 2026 transformation-related savings target of $1 billion. At the same time, investments in data and technology are helping FedEx enhance customer experience, secure new business and unlock additional value.
However, geopolitical tensions and persistent inflation continue to pressure consumer sentiment and economic growth, resulting in softer shipping demand. To counter these headwinds, FedEx has stepped up cost-reduction efforts by cutting flight frequencies, parking aircraft and reducing its workforce. These initiatives contributed to better-than-expected earnings and revenues in the fourth quarter of fiscal 2026.
Rival United Parcel Service (UPS - Free Report) is also pursuing aggressive cost-cutting measures to navigate the weak demand environment. The company has eliminated multiple operational positions and closed several facilities as it restructures the network and focuses on higher-margin business opportunities.
A key part of UPS' strategy is reducing its dependence on Amazon (AMZN - Free Report) . In 2025, UPS reached an agreement in principle with Amazon to reduce shipment volumes by more than 50% by June 2026. CEO Carol Tomé noted that Amazon was not UPS' most profitable customer and the planned volume reduction is allowing it to right-size the network while prioritizing more profitable business.
FDX’s Price Performance, Valuation & Earnings Surprise HistoryShares of FDX have gained in single digits (% wise) in the past six months, outperforming its industry.
6-Month Price PerformanceImage Source: Zacks Investment Research
From a valuation standpoint, FDX trades at a 12-month forward price-to-sales ratio of 0.77X, making it cheap compared with industrial levels.
Image Source: Zacks Investment Research
The company has an impressive earnings surprise history, as shown below.
Image Source: Zacks Investment Research
FDX’s Zacks RankFDX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
EEOC podala na FedEx federální žalobu kvůli údajnému diskriminačnímu zacházení se čtyřmi balíkovými manipulanty a širší skupinou slepých zaměstnanců v Kernersville v Severní Karolíně. Úřad tvrdí, že firma neposkytla potřebná přiměřená opatření.
Federal agency says blind employees were denied reasonable accommodations needed to perform essential job duties The U.S. Equal Employment Opportunity Commission (EEOC) has launched a federal lawsuit against Federal Express Corporation, alleging the delivery giant violated federal law by discriminating against blind employees at a North Carolina facility.
The federal agency claims that FedEx, formerly known as FedEx Ground Package Systems, Inc., failed to provide reasonable accommodations to four package handlers and a larger class of blind workers at its Kernersville location.
According to the lawsuit, denying the accommodations prevented the employees from performing their essential job functions and enjoying the same employment privileges as workers without disabilities.
FILE - FedEx trucks are parked at a distribution center on May 3, 2025 in San Diego, California. (Kevin Carter / Getty Images)
FEDEX SUES TRUMP ADMINISTRATION FOR FULL TARIFF REFUNDS AFTER SUPREME COURT RULING ON IEEPA
In addition to the discrimination charges, the EEOC suit alleges FedEx failed to maintain required administrative records in compliance with federal law.
Melinda Dugas, the regional attorney for the EEOC’s Charlotte district, said the alleged conduct is a clear violation of the Americans with Disabilities Act, which mandates workplace accommodations for disabilities unless they cause an undue hardship for the employer.
FILE - Side view of Fedex Ground shipping truck in San Ramon, California, March 3, 2022. (Smith Collection/Gado/Getty Images / Getty Images)
FEDEX CEO SAYS SHIPPING REGULATIONS CREATING 'IMPOSSIBLE BURDEN' FOR COMPANY: 'WE ARE EXPECTED TO BE THE POLICEMAN'
"Federal law is clear that failure to provide a needed reasonable accommodation for a disability where one is available and can be provided without causing undue hardship is unlawful discrimination," Dugas said.
Ticker Security Last Change Change % FDX FEDEX CORP. 313.11 -12.15 -3.74% The agency noted that it pursued litigation only after prior attempts to reach a pre-litigation settlement through an administrative conciliation process were unsuccessful.
FILE - FedEx is a delivery service with operations around the world.
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FedEx Freight oznámil čtvrtletní upravený provozní zisk 363 milionů USD, o 27 milionů USD více, než se čekalo, díky silnějším cenám a vyšším výnosům na zásilku. Tržby vzrostly o 5 % na 2,41 miliardy USD.
Analyst Ken Hoexter said the less-than-truckload carrier delivered fiscal fourth-quarter adjusted operating income above expectations, driven by stronger pricing, higher revenue per shipment and increased weight per shipment.
Revenue rose 5% year over year to $2.41 billion, while adjusted operating income reached $363 million, topping the firm’s forecast by $27 million.
Transition Outlook ImprovesFedEx Freight also introduced financial targets for its June-to-December 2026 transition period, projecting revenue growth of 4% to 6%, adjusted operating income of $605 million to $645 million, adjusted operating margins of 11.5% to 12.0%, and adjusted earnings of $2.40 to $2.60 per share. Hoexter raised his estimates to reflect the stronger outlook.
The analyst expects earnings growth during the transition period to be driven primarily by pricing, with higher yields expected to add roughly 200 basis points to margins.
Efficiency initiatives are also expected to support profitability, although variable compensation costs, transition service agreement expenses and softer shipment volumes are likely to partially offset those gains.
Margin Expansion Remains Key ThesisBofA increased its 2027 earnings estimate by about 2% to $5.41 per share and said FedEx Freight’s focus on profitable revenue growth and long-term margin improvement supports a higher valuation.
Hoexter said management believes the ongoing unwinding of bundled customer contracts poses limited pricing risk because only about 10% of revenue is tied to those agreements and discounts have averaged just 1% to 3%.
Management also identified retail, healthcare, grocery, data centers and small- to medium-sized businesses as key growth markets.
FDXF Stock Price Activity: FedEx Freight shares were down 4.79% at $150.93 at the time of publication on Thursday, according to Benzinga Pro data.
Photo via Shutterstock
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FedEx klesl o 1,8 % poté, co FedEx Freight ve svém prvním výsledku jako samostatná firma oznámil provozní zisk 158 milionů USD, meziročně o 66,9 % méně. Na výsledky dolehla také 205milionová položka související s vyčleněním.
FedEx Corp (NYSE:FDX) slipped 1.8% to $323.57 after FedEx Freight (FDXF) reported mixed quarterly results. In its first earnings release as an independent company, FedEx Freight posted a drop in operating income to $158 million, down 66.9% from a year prior. Results were weighed down by $205 million in costs related to its separation from FedEx Corporation, highlighting the financial impact of the recent spinoff.
On the charts, FDX have recovered to back above the supportive $320 level after a brief pullback on June 24. The stock has shed just 6% since its June 15 all-time high of $345.36 and still boasts an 85% 12-month lead.
Plus, FDX puts have been popular in recent days. This is per the shipping name's 10-day put/call volume ratio of 1.73 at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which sits in the 85th percentile of its annual range. Echoing this is FDX's Schaeffer's put/call open interest ratio (SOIR) of 1.02, which indicates a heavy preference for puts among short-term traders.
FedEx vykázal upravený zisk na akcii 6,31 USD za fiskální 4. čtvrtletí 2026, nad odhady analytiků kolem 5,95 USD a 5,97 USD, ale akcie klesly o 1,5 % kvůli nejasnostem kolem přechodu na kalendářní účetní období.
Bank of America přesto vidí silný základní růst ziskovosti.
FedEx Corp (NYSE:FDX, XETRA:FDX) shares fell on Wednesday following its latest earnings report, even as Bank of America said the company continues to show strong underlying earnings momentum, with the post-earnings decline driven more by reporting-transition complexity than by operational weakness.
FedEx reported adjusted earnings per share of $6.31 for fiscal fourth-quarter 2026, up 4% year over year and ahead of Bank of America and consensus estimates of roughly $5.95 and $5.97, respectively.
The beat was driven primarily by strength in the Freight segment, which delivered higher-than-expected operating income, while the Express business also contributed positively on improved international export volumes, pricing discipline, and favorable mix trends.
According to Bank of America, the quality of the quarter was broadly stronger than expected, with momentum in pricing, mix, and cost execution continuing to support profitability across the network.
Freight was the standout contributor, with operating income of $363 million coming in $71 million above the firm’s forecast, supported by revenue per shipment growth of 11% year over year versus expectations for low-single-digit gains.
Express also outperformed, with revenue up 14% year over year, well above the bank’s 8% estimate, driven by stronger yields and international volume growth of 5% versus expectations of 2%.
Despite the solid results, Bank of America noted that investor reaction was dampened by FedEx’s introduction of a transition-period outlook tied to its shift toward calendar-year reporting.
The company forecast earnings growth of about 20% year over year for the second half of calendar 2026 and provided a full-year calendar 2026 EPS range of $16.90 to $18.10. Management also outlined June–December 2026 EPS of about $11.30, which it said bridges into the broader calendar-year outlook and reflects normal seasonality alongside one-time impacts from incentive compensation costs and stranded Freight expenses.
The bank’s analysts believe that this new framework created “near-term noise” in earnings comparability, as fiscal and calendar-year figures overlap and make near-term trends harder for investors to interpret.
They noted that FedEx expects a larger portion of transition-period earnings to be concentrated in fiscal fourth-quarter 2026, reflecting peak-season strength.
Bank of America reiterated that, despite the reporting complexity, the underlying transformation story remains on track. The firm highlighted ongoing benefits from network integration, pricing discipline, and cost actions across both Domestic and International segments, with management continuing to target margin improvement through the transition period.
The firm maintained a ‘Buy’ rating on FedEx and raised its price objective to $378 from $376, valuing the shares at 17.5 times its revised calendar 2027 EPS estimate, slightly down from 18.5 times previously.
Bank of America also raised its 2027 EPS forecast by 6% to $21.60 from $20.28, citing stronger-than-expected operating income trends and improved visibility into margin expansion.
Bank of America said it continues to see mid-teens operating income compound annual growth potential through 2029, supported by sustained pricing discipline, efficiency gains, and continued execution of FedEx’s long-term network optimization strategy.
FedEx shares were down 1.5% at about $313 on Wednesday afternoon.
FedEx oznámil za 4. fiskální čtvrtletí tržby 25 mld. USD a upravený zisk 6,31 USD na akcii, obojí nad odhady. Provozní marže segmentu Federal Express ale klesla na 7,7 % z 8,4 %.
FedEx Corp. (NYSE:FDX) reported better-than-expected earnings for the fourth quarter of fiscal 2026 after the market closed on Tuesday.
FedEx delivered fourth-quarter revenue of $25 billion, beating analyst estimates of $24.04 billion, according to Benzinga Pro. The company posted adjusted earnings of $6.31 per share, beating estimates of $5.96 per share.
"Our profitable growth strategy is working. We are building momentum across our global industrial network, driving structural improvements and winning in high-value growth markets," said Raj Subramaniam, president and CEO of FedEx.
However, the company said operating margin in the Federal Express segment shrank to 7.7% from 8.4% a year ago.
FedEx expects revenue growth of 11% year-over-year for calendar year 2026. The company also guided for calendar year 2026 adjusted earnings in the range of $16.90 to $18.10 per share.
FedEx shares fell 0.7% to trade at $314.57 on Wednesday.
These analysts made changes to their price targets on FedEx following earnings announcement.
UBS analyst Thomas Wadewitz maintained the stock with a Buy and lowered the price target from $445 to $350. Stifel analyst J. Bruce Chan maintained the stock with a Buy and lowered the price target from $442 to $326. Considering buying FDX stock? Here’s what analysts think:
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FedEx klesl téměř o 5 % po zklamání z výhledu na zisk na fiskální rok 2027, když EPS 16,90–18,10 USD zaostal za odhadem 19,86 USD. Čtvrtletní výsledky přitom překonaly očekávání: EPS 6,31 USD při tržbách 25 miliard USD.
FedEx Corp (NYSE:FDX, XETRA:FDX) shares fell nearly 5% in after-hours trading on Tuesday after the package delivery company issued fiscal 2027 earnings guidance that came in below Wall Street expectations, overshadowing stronger-than-expected fourth quarter results.
FedEx projected fiscal 2027 adjusted diluted earnings per share of $16.90 to $18.10, below the consensus analyst estimate of $19.86.
The company also expects revenue growth of 11% year-over-year.
For the fourth quarter of fiscal 2026, FedEx reported adjusted earnings per share of $6.31 on revenue of $25 billion, exceeding analysts' estimates of $5.92 per share and $24.01 billion in revenue.
Revenue increased 12.6% from a year earlier, while adjusted EPS rose from $6.07 in the prior-year quarter.
“Team FedEx delivered an impressive finish to a strong fiscal year, providing excellent service to our customers and successfully executing on our transformation initiatives,” FedEX CEO Raj Subramaniam said.
“With the successful spin-off of FedEx Freight, we are entering this next chapter positioned to grow while further optimizing our network, lowering our cost to serve, creating meaningful long-term value, and driving robust free cash flow.”
