Latest Analyst Coverage Change
FDX Stock Forecast & Analysis
FedEx Corporation, the multinational delivery services company, has recently been the subject of stock forecasts from 33 analysts. These forecasts suggest an average analyst target price of USD 216.16 over the next 12 months, with an average analyst rating of Buy. This indicates that the majority of analysts are optimistic about the company’s future performance and growth potential. (https://www.speedclean.com/)
Stock Target Advisor’s own stock analysis of FedEx Corporation is Slightly Bearish. This analysis is based on 4 positive signals and 7 negative signals, suggesting that while the company is still expected to perform well in the future, there are some potential risks and concerns that investors should be aware of.
Despite this slightly bearish outlook, FedEx Corporation’s stock price has shown positive growth over the past week and month, with a 9.55% increase over the past week and a 2.82% increase over the past month. However, the stock price has decreased by 1.22% over the last year, indicating that the company has faced some challenges and market volatility over the past year.
It is worth noting that the COVID-19 pandemic has had a significant impact on FedEx Corporation’s operations and financial performance, with increased demand for delivery services offset by higher costs and disruptions to global supply chains. However, the company has taken steps to adapt to these challenges, including investing in new technologies and expanding its e-commerce capabilities.
Looking ahead, analysts are likely to continue monitoring the impact of the pandemic on FedEx Corporation’s operations and financial performance, as well as the company’s ability to adapt to changing market conditions and emerging trends in the delivery services industry. As such, investors may want to keep an eye on both the company’s stock price and any updates or announcements from the company’s management team.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
