Fintel reports that on February 3, 2026, Wells Fargo upgraded their outlook for FedEx (NYSE:FDX) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 6.09% Downside
As of January 14, 2026, the average one-year price target for FedEx is $314.87/share. The forecasts range from a low of $212.10 to a high of $383.25. The average price target represents a decrease of 6.09% from its latest reported closing price of $335.30 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for FedEx is 99,621MM, an increase of 10.58%. The projected annual non-GAAP EPS is 27.19, an increase of 8.87% from the prior forecast.
What is the Fund Sentiment?
There are 2,409 funds or institutions reporting positions in FedEx. This is an decrease of 165 owner(s) or 6.41% in the last quarter. Average portfolio weight of all funds dedicated to FDX is 0.29%, an increase of 4.26%. Total shares owned by institutions decreased in the last three months by 2.07% to 218,543K shares. 
The put/call ratio of FDX is 1.36, indicating a bearish outlook.
What are Other Shareholders Doing?
Dodge & Cox holds 16,225K shares representing 6.90% ownership of the company. In its prior filing, the firm reported owning 14,482K shares , representing an increase of 10.74%. The firm increased its portfolio allocation in FDX by 11.61% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 9,733K shares representing 4.14% ownership of the company. In its prior filing, the firm reported owning 9,211K shares , representing an increase of 5.36%. The firm decreased its portfolio allocation in FDX by 4.40% over the last quarter.
Primecap Management holds 9,442K shares representing 4.02% ownership of the company. In its prior filing, the firm reported owning 10,091K shares , representing a decrease of 6.87%. The firm decreased its portfolio allocation in FDX by 6.19% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 6,931K shares representing 2.95% ownership of the company. In its prior filing, the firm reported owning 6,846K shares , representing an increase of 1.22%. The firm decreased its portfolio allocation in FDX by 15.78% over the last quarter.
VPMCX - Vanguard PRIMECAP Fund Investor Shares holds 6,723K shares representing 2.86% ownership of the company. In its prior filing, the firm reported owning 8,062K shares , representing a decrease of 19.92%. The firm decreased its portfolio allocation in FDX by 25.66% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
