FedEx Analysts Cut Estimates After Company Withholds Full-Year 2026 Guidance For 'First Time Since 2020'

Shares of FedEx Corp (NYSE:FDX) were down Wednesday, despite the company reporting upbeat fiscal fourth-quarter results on Tuesday.

The announcement came amid an exciting earnings season. Here are some key analyst takeaways.

BofA Securities On FedEx

Analyst Ken Hoexter reiterated a Buy rating, while reducing the price target from $270 to $245.

FedEx posted adjusted earnings of $6.07 per share, representing 12% year-on-year growth and coming in higher than Street expectations of $5.81 per share, Hoexter said in a note. The beat was driven by Freight, he added.

FedEx's shares came under pressure after the company guided to adjusted earnings $3.40-$4 per share for the fiscal first quarter, below consensus estimate of $4.03 per share, the analyst stated.

"FedEx refrained from providing a F2026 EPS outlook given uncertainty on trade policy and macro developments, marking the first time since ...