FedEx (FDX)

• Market cap: $55.5B
• 1 day: 0.28%
• 5 days: 6.08%
• 1 month: 10.14%
• 3 months: -13.43%
• 6 months: -20.70%
• Year to date: -15.49%
• 1 year: -10.52%
• 5 years: 112.45%
• 10 years: 33.64%
• Sector: Industrials
• Industry: Integrated Freight & Logistics

About: FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.

Employees: 823,600

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

139% more first-time investments, than exits

New positions opened: 208 | Existing positions closed: 87

21% more funds holding in top 10

Funds holding in top 10: 33 [Q3] → 40 (+7) [Q4]

5% more funds holding

Funds holding: 1,693 [Q3] → 1,772 (+79) [Q4]

4% more capital invested

Capital invested by funds: $50.8B [Q3] → $52.6B (+$1.82B) [Q4]

0.63% more ownership

Funds ownership: 76.33% [Q3] → 76.97% (+0.63%) [Q4]

15% less repeat investments, than reductions

Existing positions increased: 575 | Existing positions reduced: 673

27% less call options, than puts

Call options by funds: $2.11B | Put options by funds: $2.91B

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $220 5% downside
• Avg. target: $285 23% upside
• High target: $354 53% upside

13 analyst ratings

• positive: 10 77%
• neutral: 2 15%
• negative: 1 8%

B of A Securities Ken Hoexter 28% 1-year accuracy 14 / 50 met price target	16% upside $270	Buy Maintained	13 May 2025
Truist Securities Lucas Servera 62% 1-year accuracy 8 / 13 met price target	19% upside $275	Buy Maintained	24 Apr 2025
Wells Fargo Christian Wetherbee 39% 1-year accuracy 21 / 54 met price target	5% downside $220	Equal-Weight Maintained	22 Apr 2025
Citigroup Ariel Rosa 38% 1-year accuracy 19 / 50 met price target	15% upside $267	Buy Maintained	8 Apr 2025
Jefferies Stephanie Moore 62% 1-year accuracy 21 / 34 met price target	19% upside $275	Buy Upgraded	24 Mar 2025