FedEx Corporation’s Stock Price Plummets to $247.34, Witnessing a Sharp Decline of 6.62%

FedEx Corporation (FDX)

247.34 USD -17.53 (-6.62%) Volume: 3.72M

FedEx Corporation’s stock price stands at 247.34 USD, experiencing a downturn with a -6.62% change this trading session and a significant -12.08% change YTD, on a trading volume of 3.72M, reflecting a challenging market performance for FDX.

Latest developments on FedEx Corporation

Today, FedEx Corp stock price experienced a significant decrease of 5.1% as Loop Capital downgraded the company from Buy to Hold, adjusting the price target from $365 to $283. This downgrade comes amidst a series of other negative developments, including FedEx being labeled as oversold according to the Relative Strength Index (RSI). Various financial institutions such as Gries Financial LLC and Highland Capital Management LLC have either purchased or sold shares of FedEx, indicating a shift in investor sentiment. The stock also saw a gap down in shares, further contributing to the overall bearish outlook. With top analysts no longer bullish on FedEx, it remains to be seen how the company will navigate these challenges in the coming days.

FedEx Corporation on Smartkarma

Analysts at Baptista Research on Smartkarma are bullish on FedEx Corp, highlighting the company’s transformative journey with the announcement to spin off FedEx Freight into a standalone publicly traded company. The move, estimated to unlock over $30 billion in value, aims to streamline FedEx’s core operations and capitalize on the rising valuations of standalone trucking companies. This strategic step is seen as a way to enhance focus, competitiveness, and shareholder value. The research report titled “FedEx’s $30 Billion Spin-Off: A Game-Changer for Freight and Shareholders? – Major Drivers” delves into the details of this significant development.

In another report by Baptista Research on Smartkarma, analysts discuss FedEx Corporation’s response to market conditions and volume management during the fiscal year 2025 first quarter earnings call. The report highlights the strategic manoeuvres and financial results shaped by a complex economic landscape. Despite varying demand and ongoing structural changes, the company’s executives outlined both successes and pressures faced during the quarter. Baptista Research aims to evaluate the factors influencing the company’s price in the near future and conduct an independent valuation using a Discounted Cash Flow (DCF) methodology. This research report titled “FedEx Corporation: Dealing With Market Conditions & Volume Management – Major Drivers” provides insights into the company’s performance and outlook.

A look at FedEx Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, FedEx Corp has received positive ratings in areas such as value and dividend. This suggests that the company is considered to be a good investment option with strong financial performance and potential for returns to shareholders. However, the scores for growth, resilience, and momentum are slightly lower, indicating some challenges in these areas that the company may need to address in the long term.

FedEx Corp, a global delivery and logistics company, is well-positioned in terms of value and dividend, according to the Smartkarma Smart Scores. While the company has a strong track record in providing reliable services across multiple countries, its scores for growth, resilience, and momentum suggest that there may be areas for improvement to ensure sustained success in the future. Overall, FedEx Corp remains a key player in the industry, offering a range of delivery and supply chain solutions to its customers worldwide.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma