FedEx Corp. stock falls 2.73 percent as earnings guide lags

Published on 09/22/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FedEx Corp. stock closed at USD 295.36 on September 21, 2026, down 2.73 percent. Quarterly revenue reached USD 23.26 billion, with EPS at USD 5.88.

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FedEx Corp. stock closed at USD 295.36 on the NYSE on September 21, 2026, down USD 8.29, or 2.73 percent, according to MarketBeat data. The move left the shares below the 52-week high of USD 345.36 and above the 52-week low of USD 179.69.

Quarterly earnings set the benchmark

FedEx Corporation reported quarterly earnings of USD 5.88 per share and revenue of USD 23.26 billion for the quarter reported on July 21, 2026, according to MarketBeat. The quarter also produced a net margin of 4.68 percent, giving investors a dated profitability reference alongside the revenue figure.

The comparison with expectations is positive in the available earnings data: Zacks reported EPS of USD 6.31 for the last quarter against a consensus estimate of USD 5.91, a beat of USD 0.40, or 6.77 percent, according to Zacks. The differing quarterly EPS figures reflect different reporting references in the current market coverage and should not be combined into a single quarter.

Valuation remains above the market

At the September 21 close, FedEx had a market capitalization of USD 69.90 billion and a price-to-earnings ratio of 15.96, while its average analyst price target stood at USD 358.26, according to MarketBeat. The target was USD 62.90 above the closing price, a gap of about 21.3 percent based on the cited market data.

The consensus rating listed by MarketBeat was Moderate Buy, based on 1 strong buy rating, 17 buy ratings, 10 hold ratings and 2 sell ratings as of September 22, 2026. That distribution provides a counterweight to the one-session decline, but it also shows that the consensus is not unanimous.

FedEx Corp. stock closes at USD 295.36

FedEx Corp. stock finished at USD 295.36 on the NYSE on September 21, 2026, with volume of 2.13 million shares and a 52-week range of USD 179.69 to USD 345.36. The closing level was USD 49.64 below the 52-week high and USD 115.67 above the low.