WallStreetZen

NYSE: FDX
Fedex Corp Stock Forecast, Predictions & Price Target

Analyst price target for FDX

Based on 18 analysts offering 12 month price targets for Fedex Corp.
Min Forecast
$225.00-24.01%
Avg Forecast
$311.78+5.3%
Max Forecast
$370.00+24.96%

Should I buy or sell FDX stock?

Strong Buy
Strong Buy
14 analysts 73.68%
Buy
4 analysts 21.05%
Hold
1 analysts 5.26%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

FDX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Anonymous
KeyBanc
Strong BuyMaintains$370.00+24.96%2021-05-26
Allison Poliniak
Wells Fargo
Strong BuyMaintains$351.00+18.55%2021-05-20
William Howard
Berenberg
Strong BuyMaintains$350.00+18.21%2021-04-27
Todd Fowler
KeyBanc
Strong BuyUpgrades$350.00+18.21%2021-04-13
Jeffrey Kauffman
Vertical Research
Strong BuyInitiates Coverage On$340.00+14.83%2021-03-26
Jordan Alliger
Goldman Sachs
Strong BuyMaintains$365.00+23.27%2021-03-19
Brandon Oglenski
Barclays
Strong BuyUpgrades$360.00+21.58%2020-12-01
Amit Mehrotra
Deutsche Bank
Strong BuyUpgrades$318.00+7.40%2020-09-28
David Ross
Stifel Nicolaus
Strong BuyUpgrades$281.00-5.10%2020-09-24
Thomas Wadewitz
UBS
Strong BuyMaintains$320.00+8.08%2020-09-16

1 of 2

Forecast return on equity

Is FDX forecast to generate an efficient return?
Company
26.47%
Industry
40.51%
Market
50.49%
FDX's Return on Equity is forecast to be high in 3 years (26.47%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is FDX forecast to generate an efficient return on assets?
Company
7.03%
Industry
10.61%
Market
16.4%
FDX is forecast to generate lower Return on Assets (7.03%) than the US Industrials industry average (10.61%)
Forecast

FDX earnings per share forecast

What is FDX's earnings per share in the next 2 years based on estimates from 10 analysts?
Avg 1 year Forecast
$20.60+79.76%
Avg 2 year Forecast
$21.93+91.32%

FDX revenue forecast

What is FDX's revenue in the next 2 years based on estimates from 7 analysts?
Avg 1 year Forecast
$86.9B+10.38%
Avg 2 year Forecast
$88.3B+12.07%
FDX's revenue is forecast to grow at a rate of 5.86% per year, which is not exceptional
Forecast

FDX revenue growth forecast

How is FDX forecast to perform vs Industrials companies and vs the US market?
Company
5.86%
Industry
18.77%
Market
17.93%
FDX's revenues are forecast to grow slower (5.86% per year) than the US Industrials industry average (18.77%)
Forecast
FDX's revenues are forecast to grow slower (5.86% per year) than the US market average (17.93%)
Forecast

Fedex Stock Forecast FAQ

Is Fedex Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NYSE: FDX) stock is to Strong Buy FDX stock.

Out of 19 analysts, 14 (73.68%) are recommending FDX as a Strong Buy, 4 (21.05%) are recommending FDX as a Buy, 1 (5.26%) are recommending FDX as a Hold, 0 (0%) are recommending FDX as a Sell, and 0 (0%) are recommending FDX as a Strong Sell.

What is FDX's earnings growth forecast for 2022-2023?

(NYSE: FDX) Fedex's forecast annual earnings growth rate of N/A is not forecast to beat the US Industrials industry's average forecast earnings growth rate of 26.88%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.35%.

Fedex's earnings in 2021 is $3,029,000,000.On average, 10 Wall Street analysts forecast FDX's earnings for 2022 to be $5,466,312,087, with the lowest FDX earnings forecast at $5,089,260,999, and the highest FDX earnings forecast at $5,829,565,388.

In 2023, FDX is forecast to generate $5,817,624,994 in earnings, with the lowest earnings forecast at $5,439,512,538 and the highest earnings forecast at $6,195,737,451.

What is FDX's revenue growth forecast for 2022-2023?

(NYSE: FDX) Fedex's forecast annual revenue growth rate of 5.86% is not forecast to beat the US Industrials industry's average forecast revenue growth rate of 18.77%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 17.93%.

Fedex's revenue in 2021 is $78,752,000,000.On average, 7 Wall Street analysts forecast FDX's revenue for 2022 to be $23,064,971,313,047, with the lowest FDX revenue forecast at $21,945,912,339,100, and the highest FDX revenue forecast at $23,922,445,455,775.

In 2023, FDX is forecast to generate $23,418,614,719,791 in revenue, with the lowest revenue forecast at $22,557,953,022,716 and the highest revenue forecast at $25,047,230,511,700.

What is FDX's forecast return on assets (ROA) for 2022-2023?

(NYSE: FDX) forecast ROA is 7.03%, which is lower than the forecast US Industrials industry average of 10.61%.

What is FDX's Price Target?

According to 18 Wall Street analysts that have issued a 1 year FDX price target, the average FDX price target is $311.78, with the highest FDX stock price forecast at $370.00 and the lowest FDX stock price forecast at $225.00.

On average, Wall Street analysts predict that Fedex's share price could stay at $311.78 by Jun 4, 2022. The average Fedex stock price prediction forecasts a potential downside of N/A from the current FDX share price of $296.09.

What is FDX's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: FDX) Fedex's current Earnings Per Share (EPS) is $11.46. On average, analysts forecast that FDX's EPS will be $20.60 for 2022, with the lowest EPS forecast at $19.18, and the highest EPS forecast at $21.97. In 2023, FDX's EPS is forecast to hit $21.93 (min: $20.50, max: $23.35).

What is FDX's forecast return on equity (ROE) for 2022-2023?

(NYSE: FDX) forecast ROE is 26.47%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.