These Analysts Increase Their Forecasts On FedEx Following Upbeat Q3 Results

FedEx Corp. reported third-quarter revenue of $24 billion, exceeding analyst expectations of $23.42 billion, and adjusted earnings of $5.25 per share, surpassing estimates of $4.13 per share. The company raised its fiscal 2026 adjusted EPS guidance to a range of $19.30 to $20.10, above the previous estimate of $18.70. Following these results, analysts from B of A Securities, Wells Fargo, and Stephens & Co. raised their price targets for FedEx stock, with current trading at $362.20, reflecting a 1.7% increase.