UBS Lowers FedEx (FDX) Price Target, Keeps Buy Rating

On Wednesday, May 28, UBS analyst Thomas Wadewitz lowered the price target on FedEx Corporation (NYSE:FDX) from $331 to $311 and maintained a “Buy” rating.

Wadewitz noted that the business environment for FedEx Corporation (NYSE:FDX) in the fourth quarter of fiscal year 2025 looks more unstable and weaker than previously forecasted. This is especially true for the company’s international segment. This observation contrasts with FedEx Corporation’s (NYSE:FDX) own expectations shared during the earnings call for the third quarter of the fiscal year 2025, which was held in March.

The corporation’s financial performance, particularly margins and earnings per share (EPS), is sensitive to changes in demand. This has led to UBS revising its fourth-quarter fiscal year 2025 EPS estimate for FedEx Corporation (NYSE:FDX). The EPS estimate has been reduced to $5.80 per share from the previous estimate of $6.22 per share. This new EPS estimate is below the consensus estimate of $6.01 per share.

FedEx Corporation (NYSE:FDX) is a global transportation and logistics company with a global network. The corporation offers a wide range of transportation, e-commerce, and business services.

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