FedEx climbs on upbeat holiday quarter adjusted profit forecast

Shares of global delivery firm FedEx Corp FDX.N up 2% to $374.54 after co expects holiday quarter adjusted profit to top Wall Street's view

FedEx says current quarter's adj. profit will top FactSet’s consensus estimate of $4.01/shr

FactSet's estimates are higher than LSEG compiled expectations of analysts of $3.99/shr

Co also sets long‑term financial targets for FY2029; consolidated revenue of $98 bln, operating income of $8 bln and operating margin of 8%

For FY25, FedEx reported revenue of $87.9 bln, adjusted operating income of $6.12 bln

18 out of 30 analysts rate stock "buy" or higher, 10 rate it "hold", two "sell"; median PT at $319.50 - data compiled by LSEG

Including session's moves, FDX stock up 29.4%, following a 2.6% rise in 2025