Stephens on Friday raised its price target on FedEx Corp. to $405.00 from $330.00 while retaining an Overweight rating on the shares. The firm cited information presented at FedEx’s recent Investor Day as the basis for the revision.
At the session, FedEx executives offered strategic guidance for the years ahead and said the company expects to surpass consensus earnings per share for the fiscal third quarter of 2026. Company management emphasized a push toward digitization, noting plans to deploy artificial intelligence and other technologies to streamline processes and boost operational efficiency across its businesses.
FedEx also described a sharpened commercial focus, concentrating on business-to-business segments where it sees the greatest profitability potential. The markets specifically identified by management were healthcare, automotive, data centers and aerospace. At the same time, the company said it intends to be more selective about pursuing consumer-focused opportunities.
In its commentary, Stephens pointed to FedEx’s targets for 2029 as laying out "a clear, achievable path to growth." The analyst firm said it was encouraged by the company’s renewed emphasis on free cash flow and highlighted an expected improvement in international profitability as a meaningful contributor to income growth over the coming years.
There have been several related moves that investors and analysts noted. FedEx announced a quarterly cash dividend of $1.45 per share, payable on April 1, 2026, to shareholders of record as of March 9, 2026; the dividend amount remains unchanged from recent quarters. The company is also participating in a consortium that plans to acquire InPost, a Polish parcel locker and European home delivery provider, via a $2.6 billion investment.
Following these strategic disclosures, multiple brokerages adjusted their views. Bernstein SocGen Group reiterated an Outperform rating and set a $427.00 price target on FedEx. UBS raised its price target to $412.00 from $314.00 and maintained a Buy rating, citing potential upside from pricing strategies and cost-control measures. Bernstein additionally upgraded FedEx from Market Perform to Outperform, raised its price target to $427.00 and said the shares could move above $400 in the near to medium term under an updated valuation framework.
These analyst actions and FedEx’s strategic announcements together reflect a set of expectations about the company’s trajectory centered on operational efficiency, selective market targeting and international margin recovery. Market participants will be watching execution against the 2029 targets, the impact of technology initiatives on margins, and outcomes from the InPost investment and other strategic moves.