Bernstein keeps Buy rating for FedEx stock before earnings
Published on 10/26/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRating, margins and reporting date
- Bernstein maintained a Buy rating and a USD 397.00 target on October 23, 2026.
- FedEx reported an adjusted operating margin of 8.90 percent for fiscal fourth quarter 2026.
- FedEx stock trades at EUR 267.65 at 11:52 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.58 percent above the Xetra close of October 23, 2026.
- FedEx is scheduled to report its first calendar-year quarter on October 28, 2026.
FedEx Corporation (ISIN US31428X1063) was trading at EUR 267.65 at Lang & Schwarz on October 26, 2026 at 11:52 a.m. CEST, up EUR 1.55 or 0.58 percent versus the Xetra close of October 23, 2026 at EUR 266.10. Bernstein kept its Buy rating and unchanged USD 397.00 price target on October 23, 2026, before FedEx's first report after the Freight separation.
Bernstein keeps a bullish target
According to MarketScreener on October 23, 2026, Bernstein maintained a Buy rating on FedEx and left its USD 397.00 target unchanged. The target is USD 98.28 above the latest NYSE close of USD 298.72 on October 23, 2026, a gap of 32.89 percent based on the two dollar values.
The bullish view meets a more demanding earnings test. FedEx completed its fiscal 2026 with fourth-quarter revenue of USD 25.01 billion, up 12.50 percent from USD 22.22 billion a year earlier, while Federal Express posted an adjusted operating margin of 8.90 percent, according to Yahoo Finance on October 21, 2026.
What does the margin test mean?
FedEx's calendar 2026 outlook calls for adjusted earnings of USD 16.90 to USD 18.10 per share and revenue growth of 11.00 percent, based on a 2025 base excluding Freight. The comparison matters because the first post-separation quarter will show whether savings remain visible after transportation, wage and transition costs.
Three rating steps before results
On October 7, 2026, Citi raised its target from USD 359.00 to USD 373.00 and kept a Buy rating, as reported by Markets Insider. On October 15, 2026, Raymond James raised its target from USD 330.00 to USD 340.00, while Bernstein's October 23, 2026 decision left the USD 397.00 target unchanged.
Next reporting date
FedEx is scheduled to report results after the market close on October 28, 2026. The report will cover the first calendar-year quarter after the June Freight separation and will give investors a new standalone baseline, according to Yahoo Finance on October 24, 2026.
Stock price before the report
FedEx's EUR 267.65 quote at Lang & Schwarz on October 26, 2026 at 11:52 a.m. CEST stood 0.58 percent above the Xetra close of October 23, 2026 at EUR 266.10. The primary listing is on the NYSE, where the stock closed at USD 298.72 on October 23, 2026.
The further course of trading is shown by the continuously updated real-time quote of FedEx stock.
FedEx stock facts
- Company: FedEx Corporation
- ISIN: US31428X1063
- Ticker: FDX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 11:52 a.m. CEST): EUR 267.65
- Change versus Xetra close: plus 0.58 percent
- Xetra close (October 23, 2026): EUR 266.10
- Market capitalization: USD 70.7 billion (as of October 23, 2026)
- 52-week range: USD 196.72-345.37 (as of October 23, 2026)
- Sector / Industry: Industrials / Integrated Freight and Logistics
- Index membership: S&P 500
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
