Key Highlights

● FDX closed at $292.16 on 9 October 2026.

● Market data consensus target is $354.64, implying about 21.4% upside.

● The second data set shows a mean of $355.50 and a median of $352.50.

● Truist lowered its target from $365 to $350 on 7 October.

FedEx (NYSE:FDX), a global logistics and delivery company and S&P 500 constituent, closed at $292.16 on Friday 9 October 2026. Ratings lean positive, yet the unusually wide range of targets and a handful of recent reductions show a divided market.

What Is the Latest Analyst Price Target?

Market data shows a consensus price target of $354.64 from 29 ratings in the last 12 months, implying upside of about 21.4% from the $292.16 close. Its high target is $479.00 and its low is $140.00, attributed to Bank of America.

The second data set, using third-party data, shows a mean target of $355.50, a median of $352.50, a high of $479 and a low of $160, from 28 analysts.

What Are Wall Street Analysts Saying?

Market data counts 18 Buy-equivalent ratings (including one Strong Buy), nine Hold and two Sell, a Moderate Buy consensus. The second data set shows 16 Strong Buy, four Buy, seven Hold, no Sell and one Strong Sell.

Recent named broker actions are mixed. Truist lowered its target from $365 to $350 on 7 October, keeping a Buy rating. JPMorgan trimmed its target from $400 to $399 on 5 October with an Overweight rating. BNP Paribas Exane raised its target from $269.80 to $300 on 30 September with a Neutral rating. Evercore lifted its target from $350 to $351 on 28 September. Citizens JMP initiated coverage on 15 July with a $375 target. Citigroup reiterated a Cautious stance on 7 October. Bank of America reiterated a Buy rating on 29 September with a target of $140, which market data shows as the lowest on the street.

What Could Help the Stock Reach the Price Target?

The consensus target suggests analysts see meaningful room above the current price. Most recent named targets sit between roughly $300 and $400. Supportive developments could include improving parcel volumes, progress on cost-reduction programmes and a steadier demand backdrop for global trade.

What Could Prevent the Stock Reaching the Target?

Several risks apply. Parcel and freight demand is closely tied to economic activity, and weaker consumer or industrial spending could affect volumes and pricing. Labour, fuel and network costs can pressure margins, and trade policy may change shipping patterns. The recent small cuts from Truist and JPMorgan, an independent ratings service downgrade to Hold on 2 September, and the Cautious view at Citigroup show that sentiment is not uniformly positive. The $140 and $160 low targets show that some analysts see substantial downside.

What Should Investors Watch Next?

Investors may also watch for further target revisions, updates to full-year guidance, shipping volume trends and commentary on costs and trade conditions.

FedEx's Wide Spread of Analyst Targets

FedEx closed at $292.16 on 9 October 2026, roughly 21% below the market data consensus of $354.64, with the second data set's $355.50 similar. Most recent named targets sit between roughly $300 and $400, while the $140 and $160 lows show that some analysts see substantial downside.