FedEx Corporation (FDX) leads in global express delivery services with a market cap of $63.1 billion, operating through FedEx Express and FedEx Freight segments. However, FDX has underperformed the market, with stock prices declining YTD and over the past 52 weeks.

Despite underperformance, FedEx saw a 2.3% stock price increase following better-than-expected Q1 results. The company’s focus on operational efficiency and cost reduction strategies led to solid growth in its express segment and notable margin improvements.

Analysts predict a 1.2% decrease in FedEx’s adjusted EPS for fiscal 2026, with a mixed earnings surprise history. The consensus rating for FDX stock is a “Moderate Buy,” with 15 “Strong Buys,” two “Moderate Buys,” 11 “Holds,” and two “Strong Sells.”

Recently, Wells Fargo analyst Christian Wetherbee maintained an “Equal-Weight” rating on FDX and raised the price target from $250 to $280. This marks a shift from a more optimistic outlook three months ago when 18 analysts recommended “Strong Buy.”

Read more at Yahoo Finance: FedEx Stock: Analyst Estimates & Ratings