BofA cuts target to USD 359 for FedEx stock

Published on 10/27/2026 at 17:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FedEx reports results on October 28, 2026. FedEx stock costs EUR 273.80 on October 27, 2026, plus 1.00 percent versus the Xetra close.

Analyst target and reporting date

BofA Securities lowered its FedEx target from USD 378.00 to USD 359.00 on October 27, 2026.
FedEx is scheduled to report its first post-spin quarter after the market close on October 28, 2026.
FedEx stock was trading at EUR 273.80 at Lang & Schwarz on October 27, 2026 at 5:35 p.m. CET, 1.00 percent above the Xetra close of October 27, 2026 at EUR 271.10.

FedEx Corp., US31428X1063, Illustration mit AI erstellt.

FedEx Corp. (ISIN US31428X1063) is facing a lower BofA Securities price target of USD 359.00, down from USD 378.00, while the firm kept its Buy rating on October 27, 2026, according to Investing.com. FedEx stock was trading at EUR 273.80 at Lang & Schwarz on October 27, 2026 at 5:35 p.m. CET, EUR 2.70 or 1.00 percent above the Xetra close of October 27, 2026 at EUR 271.10.

BofA trims its target

The revised USD 359.00 target lies 17.80 percent above the USD 304.76 FedEx quote on the NYSE at 12:36 p.m. EDT on October 27, 2026. BofA's estimate for 2026 adjusted earnings per share is USD 17.60, slightly above the company's midpoint guidance of USD 17.50, as reported by Investing.com.

The stock sits below its high

The euro quotation's 52-week range is EUR 171.46 to EUR 337.70 as of October 27, 2026. At EUR 273.80, FedEx stock stood 18.92 percent below that high. The NYSE quotation was USD 304.76 at 12:36 p.m. EDT, with a primary-market value of USD 72.1 billion and a price-to-earnings ratio of 16.63.

What happens on October 28?

FedEx is scheduled to report after the market close on October 28, 2026, in its first report after the Freight separation and the move to a calendar reporting year, according to Yahoo Finance. The cited consensus calls for USD 3.37 in adjusted earnings per share and USD 22.58 billion in revenue for the September 2026 quarter, versus USD 22.24 billion in revenue a year earlier.

Comparison with peers

FedEx Corp.: plus 1.00 percent versus the Xetra close, price-to-earnings ratio 16.63, market capitalization USD 72.1 billion on October 27, 2026. United Parcel Service (NYSE, USD): plus 3.43 percent, price-to-earnings ratio 19.30, market capitalization USD 77.8 billion on October 27, 2026. C.H. Robinson Worldwide (NYSE, USD): plus 0.45 percent, price-to-earnings ratio 26.88, market capitalization USD 16.3 billion on October 27, 2026.

Price and reporting date

FedEx stock was trading at EUR 273.80 at Lang & Schwarz on October 27, 2026 at 5:35 p.m. CET, plus 1.00 percent versus the Xetra close of October 27, 2026 at EUR 271.10.

The further course of trading is shown by the continuously updated real-time quote of FedEx stock.