FedEx, stock market
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FedEx projects double-digit operating profit growth through fiscal year 2029.
A rotation out of tech names and into industrials has shares of FedEx (NYSE: FDX) flying this week. As of midday Friday, the stock of the transportation services company surged 13.3%, according to data from S&P Global Market Intelligence.
FedEx (FDX) stock rose on Tuesday in premarket trading after announcing enhanced digital tracking and returns capabilities.
FedEx demonstrates robust fundamentals, outperforming despite inflation and competitive pressures. Read why I wait on the sidelines of FDX stock for now.
UPS and FedEx are two of the most recognizable logistics brands, but it's obvious which stock is the better pick in the industry.
FedEx has outlined four key strategic priorities to achieve its financial goals by 2029, including revenue of ~$98 billion (~4% CAGR), operating income of ~$8 billion (~14% non-GAAP CAGR) and adjusted free cash flow of ~$6 billion.
FedEx Corporation is downgraded from Buy to Hold as the anticipated upside has materialized after a 60% stock surge. Click to read my latest analysis of FDX.
After a rough start at the beginning of 2025, FedEx stock is ending the year slightly up. After starting the first four months of 2025 with a 25% drop in stock price, FedEx (NYSE: FDX) has bounced back and is on track to end the year up from where it started.
FedEx Corporation (NYSE:FDX) is one of the stocks in focus on Jim Cramer’s game plan. Cramer praised the company’s CEO during the episode, as he commented: Plenty of earnings Thursday, but I want to start with what could be an explosive analyst meeting from Federal Express.