BofA cuts target for FedEx stock to USD 359.00

Published on 10/27/2026 at 11:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FedEx appoints Jamere Jackson CFO effective November 30. FedEx stock costs EUR 271.05 on October 27, 2026, 0.87 percent above its Xetra close.

Targets, results and timing

BofA cut its FedEx target from USD 378.00 to USD 359.00 on October 26, 2026.
Fourth-quarter fiscal 2026 revenue reached USD 25.01 billion and adjusted earnings per share were USD 6.31.
FedEx stock trades at EUR 271.05 at 11:40 a.m. CET at Lang & Schwarz on October 27, 2026, 0.87 percent above the Xetra close of October 26, 2026.

FedEx Corp., US31428X1063, Illustration mit AI erstellt.

FedEx (ISIN US31428X1063) was trading at EUR 271.05 at Lang & Schwarz on October 27, 2026, at 11:40 a.m. CET, 0.87 percent above the Xetra close of October 26, 2026. BofA lowered its FedEx price target from USD 378.00 to USD 359.00 on October 26, 2026, while keeping a Buy rating, according to Markets Insider.

Why the target changed

BofA adjusted its model after FedEx switched to calendar-year reporting. Its earnings-per-share estimates are USD 17.60 for 2026, USD 20.50 for 2027 and USD 23.00 for 2028, representing growth rates of 18.50 percent, 16.50 percent and 12.20 percent, respectively, Markets Insider reported.

The lower target arrives as FedEx prepares for its first report after the FedEx Freight separation. The upcoming quarter is expected to provide the clearest baseline yet for the standalone parcel business.

What does earnings day test?

Fourth-quarter fiscal 2026 revenue was USD 25.01 billion, up 12.50 percent, while adjusted earnings per share reached USD 6.31 against a USD 5.95 consensus, according to Yahoo Finance. The same report said operating income fell 21.94 percent because of USD 205 million in Freight separation costs.

Network 2.0 is another measurable test. FedEx targeted routing 65.00 percent of eligible volume through optimized stations before peak and set a USD 2.00 billion savings target by the end of 2027, Yahoo Finance reported.

The next dates are set

FedEx is scheduled to release its first-quarter 2027 results after the market closes on October 28, 2026, according to Yahoo Finance. Jamere Jackson becomes chief financial officer on November 30, 2026, succeeding interim CFO Claude Russ, FedEx announced on October 26, 2026.

Stock holds above the Xetra close

FedEx has a market capitalization of EUR 64.4 billion and a 52-week range of EUR 166.56 to EUR 337.70 as of October 27, 2026. The current quote leaves the stock 19.75 percent below its 52-week high, keeping the coming earnings release central to the valuation debate. The further course of trading is shown by the continuously updated real-time quote of FedEx stock.