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FMP

FedEx (NYSE:FDX) Upgraded to "Buy" by Bank of America Securities

  • Bank of America Securities upgraded FedEx (NYSE:FDX) to a "Buy" rating, with a current stock price of $229.23.
  • FedEx is expected to report fourth-quarter revenue of $21.84 billion, with an EPS prediction of $5.87.
  • The stock has shown volatility over the past year, with a high of $313.84 and a low of $194.30.

On June 23, 2025, Bank of America Securities upgraded FedEx (NYSE:FDX) to a "Buy" rating, with the stock priced at $229.23. FedEx is a major player in the logistics and transportation industry, providing services worldwide. The company's competitors include UPS and DHL, making the logistics sector highly competitive.

FedEx is set to release its fourth-quarter financial results soon, which will be crucial for understanding the company's performance. Analysts expect FedEx to report a fourth-quarter revenue of $21.84 billion, slightly down from $22.1 billion in the same quarter last year. Despite this anticipated decline, FedEx has exceeded revenue estimates in the last two quarters, showing resilience in a challenging market.

For earnings per share (EPS), analysts predict $5.87, up from $5.41 in the previous year's fourth quarter. Although FedEx has missed EPS estimates in the last three quarters, it has surpassed them in six of the past ten quarters. This mixed performance makes the upcoming earnings report significant for investors and market strategists.

Currently, FedEx's stock is priced at $229.23, reflecting a positive change of $3.19, or a 1.41% increase. The stock has fluctuated between $223.75 and $229.29 during the day. Over the past year, FedEx has experienced a high of $313.84 and a low of $194.30, indicating volatility in its stock price.

FedEx's market capitalization is approximately $54.92 billion, with a trading volume of 1,621,647 shares. This data highlights the company's significant presence in the market and the interest it generates among investors. The upcoming financial results will be closely watched for any signs of a sustained rebound in FedEx's performance.