FDX FedEx Corporation

Stock NYSE Industrials

US$301.75 -2.11% Latest close

FedEx Corporation (FDX) trend channel, buy level and 3-month target on Trade The Path. Sector: Industrials. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. On this symbol, 3 comparable calls have settled; 66.7% reached the published sell target. Information only, not financial advice.

Broken down below, rising on both timeframes

Price has closed below the channel. Support has failed β€” treat the buy target with caution.

The next few months are read from the last 9 months, the stretch whose swings the lines actually follow, because the last 12 months alone do not contain enough turns to fit reliably (31% against 72%). The last 12 months stay as context: rising, +90% a year. The target of US$343.26 is below the nearest ceiling (US$347.16), so it does not depend on a breakout. What would overturn this: a close below US$316.01 β€” the floor of the channel being read β€” after which the trend, not the entry, is what was wrong.

9 months read from
US$316.01 – US$347.25 Rising channel, +39% a year
12 months
US$327.36 – US$347.16 Rising channel, +90% a year
Position in that channel
-46% below the floor of it β€” 0% is the floor, 100% the ceiling

Price history, with the path projected 3 months forward

US$150.0US$200.0US$250.0US$300.0US$350.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today Buy nowTarget Buy now US$301.8 Β· est. 16 Sept 26Our target US$343.3 Β· est. 8 Oct 26
  • Daily close
  • Upper trend line (9 months)
  • Lower trend line (9 months)
  • The same lines over the last 12 months
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy now

US$301.75

last close Β· 16 Sept 2026

Channel buy is US$312.06; last close is the better price available now.

Our target

US$343.26

by 8 Oct 2026

Projected move

13.8%

gross, before costs

Last close is our buy β€” the best price available now.

The lines are drawn where this stock has actually turned: 3 touches on the ceiling, 4 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β€” the least a call has to be worth to be worth making, not what it aims at β€” 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own β€” its average, its volatility β€” but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β€” 58% against 71% β€” because it fits the past rather than the future. On this stock the setup has come up 7 times so far, reaching target 86% of the time β€” too few to mean much on its own. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches 14% above the entry within 90 days, and of the sizes that path supports, 10% is the one that has returned the most per day of money tied up here β€” measured over 145 stretches of this stock’s own history, since the published entry itself is too rare here to size a target from, reached 67% of the time, typically in 22 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β€” those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.

On this stock's own history these rules produced 3 settled calls, of which 2 reached target (66.7%), with an average best move of 8.3%. See the full record.

Upper line touches
3
Lower line touches
4
Fit confidence
72%
Fitted
16 Sept 2026

About FedEx Corporation

FedEx Corporation is a prominent global entity that delivers an extensive array of services encompassing transportation, e-commerce solutions, and diverse business support, catering to clients both within the United States and across international borders. Its operational structure is divided into several key segments: The FedEx Express division specializes in expedited shipping, offering rapid package and freight delivery, crucial time-sensitive logistics, and comprehensive cross-border, technological, and e-commerce transportation services. FedEx Ground focuses on reliable, scheduled delivery services for both commercial clients and individual households. The FedEx Freight unit manages less-than-truckload (LTL) cargo shipments, supported by a significant infrastructure that, as of May 31, 2022, included approximately 30,000 vehicles and 400 service centers. FedEx Services provides essential internal support functions across the company, such as sales, marketing, information technology, communications, customer and technical assistance, billing, collections, and other vital administrative operations. Finally, the Corporate, Other, and Eliminations segment broadens FedEx's offerings to include integrated supply chain management, specialized transportation, customs brokerage, global ocean and air freight forwarding, document and business services, and convenient retail access points for its package delivery operations. Established in 1971, FedEx Corporation maintains its headquarters in Memphis, Tennessee.

Sector
Industrials
Industry
Integrated Freight & Logistics
CEO
Rajesh Subramaniam
Employees
530,000
Country
US

https://www.fedex.com

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β€” that data is licensed and we do not redistribute it.

Valuation
80/100
Profitability
29/100
Financial health
52/100
Cash generation
47/100

Key statistics

Market cap
US$76.30B
Enterprise value
US$105.93B
Beta
1.36
Avg volume
1.90M
Revenue per share
393.03
Dividend yield
1.46%
52-week range
178.93634-345.37
Exchange
NYSE

Key ratios

P/E (TTM)
17.57
PEG
2.23
Price / sales
0.81
Price / book
2.46
EV / EBITDA
9.98
Gross margin
22.90%
Operating margin
6.74%
Net margin
4.68%
Current ratio
1.48
Quick ratio
1.44
Debt / equity
1.36
Interest cover
11.99

Income statement

YearRevenueGross profitOperating incomeNet incomeEPS
2026US$94.72BUS$20.62BUS$6.62BUS$4.43BUS$18.55
2025US$87.93BUS$19.00BUS$6.08BUS$4.09BUS$16.81
2024US$87.69BUS$18.95BUS$6.36BUS$4.33BUS$17.21
2023US$90.16BUS$19.17BUS$5.34BUS$3.97BUS$15.49
2022US$93.51BUS$20.17BUS$6.52BUS$3.83BUS$14.36

Balance sheet

YearTotal assetsTotal liabilitiesTotal equity
2026US$98.94BUS$67.29BUS$31.65B
2025US$87.63BUS$59.55BUS$28.07B
2024US$87.01BUS$59.42BUS$27.58B
2023US$87.11BUS$61.05BUS$26.09B
2022US$85.99BUS$61.05BUS$24.94B

Cash flow

YearOperating cash flowFree cash flowNet income
2026US$8.93BUS$5.12BUS$4.43B
2025US$7.04BUS$2.98BUS$4.09B
2024US$8.31BUS$3.14BUS$4.33B
2023US$8.81BUS$2.64BUS$3.97B
2022US$9.83BUS$3.07BUS$3.83B

EPS forecasts

PeriodEst. EPSEst. revenueAnalysts
2026US$19.86US$93.72B17
2027US$17.75US$92.07B7
2028US$21.45US$94.93B4
2029US$24.37US$97.62B1
2030US$26.04US$100.20B1
2031US$29.67US$104.28B1

Analyst view

Target (mean)
US$316.64
Target (high)
US$425.00
Target (low)
US$160.00
Strong buy
0
Buy
28
Hold
18
Sell
3

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.