FedEx Corporation ($FDX) Stock Forecast: Up 0.0% Today

What is FedEx Corporation?

FedEx (FDX) is a multinational delivery services company recognized for its efficient logistics network and global reach. It is publicly traded on the New York Stock Exchange (NYSE) and holds a significant position in the transportation and e-commerce industries.

Why is FedEx Corporation going up?

FDX stock is up 0.0% on Dec 20, 2024 15:27

• FedEx (FDX) demonstrated a notable bullish surge today.
• This optimistic outlook could be linked to favorable statements from FedEx CEO Raj Subramaniam regarding the company's capabilities to manage potential supply chain obstacles.
• Moreover, the market's optimism may also stem from the expectations surrounding FedEx's upcoming earnings release, as analysts have adjusted their forecasts upwards.
• Despite some bearish indicators on the charts preceding the earnings announcement, analysts still project a potential 26% upside for FedEx, showing investors' confidence in the company's performance.

FDX Price Chart

FDX Technical Analysis

FDX News

FedEx, Nike And 3 Stocks To Watch Heading Into Friday - BlackBerry ( NYSE:BB ) , Carnival ( NYSE:CCL )

With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Carnival Corporation & Plc. CCL to report quarterly earnings at 8 cents per share on revenue of $5.93 billion before the opening bell, according ...

https://www.benzinga.com/24/12/42609582/fedex-nike-and-3-stocks-to-watch-heading-into-friday

NKE, FDX, BB, RGTI, TSLA: Top 5 Trending Stocks Today - BlackBerry ( NYSE:BB ) , FedEx ( NYSE:FDX )

Major U.S. indices closed Thursday with mixed results. The Dow Jones Industrial Average edged up by 0.04%, while the S&P 500 slipped 0.09%, and the tech-focused NASDAQ dropped 0.1%. These are the top stocks that gained the attention of retail traders and investors throughout the day.

https://www.benzinga.com/24/12/42608382/nike-fedex-blackberry-rigetti-and-tesla-why-these-5-stocks-are-on-investors-radars-today

FedEx CEO touts company's 'scaled network' as supply chain challenges loom with Trump presidency

FedEx CEO Raj Subramaniam said his company can do well even if there is a supply chain shakeup.

https://www.cnbc.com/2024/12/19/fedex-ceo-touts-scaled-network-as-supply-chain-challenges-loom.html

FedEx Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - FedEx ( NYSE:FDX )

FedEx Corporation FDX will release earnings results for its fiscal second quarter, after the closing bell on Thursday, Dec. 19. Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $4.06 per share, up from $3.99 per share in the year-ago period.

https://www.benzinga.com/24/12/42601377/fedex-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call

FedEx Charts Flash Bearish Signals Ahead Of Q2 Earnings, Analysts See 26% Upside - FedEx ( NYSE:FDX )

FedEx Corp FDX will be reporting its second-quarter earnings on Thursday after market hours. Wall Street expects $3.91 in earnings per share and $22.11 billion in revenues. The stock is down 1.45% over the past year, but it's up 9.27% over the past six months.

https://www.benzinga.com/trading-ideas/technicals/24/12/42595123/fedex-charts-flash-bearish-signals-ahead-of-q2-earnings-analysts-see-26-upside

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FedEx Corporation Price History

20.11.2024 - FDX Stock was up 0.0%

• FedEx (FDX) demonstrated a notable bullish surge today.
• This optimistic outlook could be linked to favorable statements from FedEx CEO Raj Subramaniam regarding the company's capabilities to manage potential supply chain obstacles.
• Moreover, the market's optimism may also stem from the expectations surrounding FedEx's upcoming earnings release, as analysts have adjusted their forecasts upwards.
• Despite some bearish indicators on the charts preceding the earnings announcement, analysts still project a potential 26% upside for FedEx, showing investors' confidence in the company's performance.

26.05.2024 - FDX Stock was up 15.9%

• The bullish movement in FedEx's stock (FDX) today can be attributed to the following factors:
• FedEx reported quarterly earnings of $5.41 per share, exceeding the Zacks Consensus Estimate and reflecting growth compared to the previous year.
• The positive earnings surprise of 1.31% signifies strong financial performance and investor confidence in the company's delivery of results.
• Observers highlighted that FedEx's upsurge was supported by a positive outlook for FY25, further enhancing investor sentiment and pushing the stock price up.
• The overall positive sentiment in the market, with modest gains in tech stocks like Nvidia, also played a role in the bullish movement in FedEx's stock.

26.05.2024 - FDX Stock was up 15.6%

• FedEx stock surged over 11% today following its fiscal fourth-quarter financial results, surpassing expectations.
• The market reacted positively as FedEx exceeded projected revenue and earnings and provided a steady outlook for the future.
• The plan to repurchase billions of its stock also influenced the upward momentum of FDX shares.
• FedEx's strong financial performance and strategic decisions drove the stock's gains, surpassing market expectations and resulting in a bullish market response.

26.05.2024 - FDX Stock was up 15.8%

• FedEx (FDX) saw a notable upward trend in its stock price today.
• The increase in FDX stock value is linked to the company's Q4 earnings beating expectations, with earnings per share reaching $5.41 as opposed to the anticipated $5.34 per share.
• The better-than-expected earnings performance of 1.31% likely enhanced investor confidence in FedEx's financial outlook and future prospects, contributing to the positive market movement.
• The general market sentiment, including the growth of the Nasdaq and anticipation surrounding key inflation reports, may have also influenced the favorable momentum for FedEx and other stocks such as Rivian and General Mills.

26.05.2024 - FDX Stock was up 15.7%

• FedEx (FDX) shares surged by 15% after reporting better-than-expected earnings results, beating EPS targets and meeting revenue expectations.
• The positive market response can be attributed to FedEx's strong performance in its fiscal fourth quarter and its inline outlook for the future.
• Investors are also reacting positively to FedEx's announcement of stock repurchases, indicating confidence in the company's financial health and growth prospects.
• Overall, the bullish movement in FDX reflects investor optimism in the company's ability to deliver solid financial results and maintain a competitive edge in the logistics industry.

26.05.2024 - FDX Stock was up 14.2%

• FedEx shares rose today as the company announced a strategic review of its less-than-truckload (LTL) business, which was well-received by investors.
• Reiterating a hold rating on FedEx also provided some positive sentiment towards the stock.
• The overall bullish market movement was further supported by a tech rebound, with Nvidia shares surging, contributing to the positive outlook for the tech sector.
• The upbeat corporate outlook from FedEx also played a role in boosting market confidence, signaling potential growth opportunities for the company.

20.08.2024 - FDX Stock was down 14.5%

• FedEx's first-quarter fiscal 2025 earnings and revenues lagged estimates, leading to a decline in stock value.
• The stock plummeted over 15% after missing earnings expectations, raising red flags for investors.
• Analysts are cutting price targets and issuing downbeat outlooks for FedEx, indicating more downside potential.
• The challenging quarter for FedEx highlighted the complexities of its restructuring efforts, impacting profitability and investor sentiment.

20.08.2024 - FDX Stock was down 15.5%

• Downbeat Q1 earnings and reduced guidance from FedEx led to a bearish sentiment among analysts.
• The company's complex restructuring efforts under CEO Raj Subramaniam hit a hurdle affecting its profitability.
• FedEx's poor results and reduced guidance contributed to a negative outlook, resulting in a decline in its stock.
• The overall sentiment towards FedEx was further affected by the broader market trend, with U.S. stock futures predicting a lower opening and tech-heavy Nasdaq futures decreasing significantly.

20.08.2024 - FDX Stock was down 14.4%

• FedEx (FDX) experienced a strong bearish movement today due to:
• Reporting worse-than-expected quarterly results and cutting its fiscal-year guidance, leading to investor disappointment.
• Missing revenue and earnings estimates for the first quarter of fiscal 2025, signaling operational challenges.
• Lowered guidance for the full year, indicating potential ongoing struggles in the company's performance.
• The overall negative sentiment towards the stock was exacerbated by the broader market trend of lower U.S. stock futures on Friday.

25.02.2024 - FDX Stock was up 7.3%

• FedEx (FDX) experienced a strong bullish movement today.
• The positive market movement could be attributed to the company's soaring performance despite a package of mixed financial results.
• The news about FedEx outperforming expectations despite facing challenges in China might have boosted investor confidence in the stock.
• Investor sentiment falling overall, but with FedEx standing out as a top performer, indicates a specific positive outlook on the company amidst broader market fluctuations.

25.02.2024 - FDX Stock was up 7.3%

• Investor sentiment fell overall, but FDX soared, possibly due to positive market valuation and investor confidence in the company's growth prospects.
• Despite mixed financial results, FedEx managed to deliver gains, showcasing resilience in the face of market uncertainties.
• The bullish movement of FDX could be attributed to the company being perceived as priced right in the market, attracting investors seeking value opportunities.
• Tesla's decline due to China woes might have indirectly benefited FedEx, as investors shifted focus towards more stable and promising investment options like FDX.

26.05.2024 - FDX Stock was up 15.9%

• FedEx stock surged more than 15% in early trading today due to better-than-expected Q4 earnings results.
• A positive FY25 outlook from FedEx also bolstered investor sentiment.
• Investor confidence in FedEx is likely boosted by the strong earnings and optimistic future forecast, leading to a significant stock price increase.
• FedEx's solid Q4 performance and positive future outlook have attracted attention from investors, potentially benefiting ETFs connected to the company.