FedEx Corporation (FDX)

NYSE: FDX · USD

—

英文原文ZH

翻译期间显示英文原文

此报告尚未翻译。翻译队列赶上后请在几分钟内刷新。

StockMarketAgent Research · Analyzed 2026-10-03

Our latest published analysis: FDX rated Reduce

FedEx Corporation's published Reduce conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$252 / share

Potential value

$319 / share

Upside to FV

-13.4%

Moat

7/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$68.7B
P/E (forward)	14.2x

Market data

Price

Recent price action with selectable time range.

Financial snapshot

P/E (forward): 14.2x
Market cap: $68.7B

Item	P1	P2	P3	P4	P5	Trend
Period	2022-05-31	2023-05-31	2024-05-31	2025-05-31	2026-05-31	Trend
Revenue	$93.51B	$90.16B	$87.69B	$87.93B	$94.72B	+0.3%
Gross profit	$20.17B	$19.17B	$18.95B	$19.00B	$20.62B	+0.6%
Operating income	$6.25B	$4.91B	$5.56B	$5.22B	$5.46B	-3.3%
Net income	$3.83B	$3.97B	$4.33B	$4.09B	$4.43B	+3.8%
EPS (diluted)	$11.55	$12.47	$17.21	$16.81	$18.55	+12.6%
EBITDA	$9.56B	$10.23B	$10.87B	$10.49B	$11.13B	+3.9%
R&D	—	—	—	—	—	—
SG&A	$13.17B	$13.39B	$722.0M	$39.55B	—	+44.3%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ABBV	AbbVie Inc.	—	—	—	—	—	—	卖出
ABT	Abbott Laboratories	—	—	—	—	—	—	减持
ACN	Accenture plc	—	—	—	—	—	—	持有
AAL	American Airlines Group Inc.	—	—	—	—	—	—	持有
ADP	Automatic Data Processing, Inc.	—	—	—	—	—	—	持有
ALLE	Allegion plc	—	—	—	—	—	—	持有

Base and Bull scenarios

Base60%

Price target

$251.53

-13.4% from spot

The base case represents the modal operating path, where FedEx maintains network routing density and achieves steady progress on structural cost rationalization. Operating margins expand modestly across the forecast horizon as surface network integration reduces duplicative sortation overhead, supporting Fair value of $251.53 against the analysis price of $290.36.

Modest top-line stabilization following near-term volume adjustments across domestic and international lanes.
Through-cycle operating margin improvement supported by ongoing network efficiency programs.
Capital expenditures contained below annual depreciation to protect free cash flow generation.
Disciplined capital return through share repurchases offsetting employee share issuance.

Bull15%

Price target

$318.80

+9.8% from spot

The upside case envisions accelerated execution of network consolidation initiatives, closing the operational efficiency gap with peer operators and driving margins toward Potential value of $318.80. Stronger cross-border e-commerce and a cyclical industrial rebound bolster parcel yields, expanding cash flow generation and accelerating share retirements.

Accelerated operational consolidation across air and ground delivery networks.
Rebound in global trade and industrial production expanding premium express freight volume.
Operating margins approaching primary peer benchmark levels.
Elevated free cash flow conversion driving enhanced share buybacks.

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($251.53). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.0%	2.3%	2.5%	2.8%	3.0%
9.6%	$264	$268	$272	$277	$282
10.1%	$254	$257	$261	$265	$269
10.6%	$245	$248	$252	$254	$257
11.1%	$237	$239	$242	$245	$248
11.6%	$230	$232	$234	$236	$239

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Forward P/E14.2

P25 n/aP50 n/aP75 n/a

Trailing P/E15.4

P25 n/aP50 n/aP75 n/a

ROEn/a

P25 n/aP50 n/aP75 n/a

ROICn/a

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

Deeper analysis on FDX

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this FDX report

What is the latest published FDX stock rating?

FedEx Corporation is shown with Reduce in the latest published report, analyzed 2026-10-03. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full FDX analysis?

The full latest published report, analyzed 2026-10-03, lives at /stocks/FDX/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for FDX?

The latest published report analyzed 2026-10-03 gives FDX a fair value of USD 252 and a potential value of USD 319. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the FDX page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-03). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

ReduceFDX · Fair value $252-13.4%

Read full analysis →

Category	Score	Reading
Valuation	3.0
Management	7.5
Balance Sheet	5.0
Profitability	5.0
Revenue Growth	6.0
Risk Assessment	6.0
Competitive Moat	7.0
Earnings Quality	7.5
Capital Efficiency	5.5

FedEx Corporation (FDX)

Our latest published analysis: FDX rated Reduce

Price

Financial snapshot

Fair-value bridge

Latest news · FDX

Valuation

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

Deeper analysis on FDX

Frequently asked questions

评级历史