FDX Should I Buy
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FedEx Corp (FDX) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial performance, positive analyst ratings, ambitious growth targets, and strategic initiatives make it a compelling investment opportunity. Despite the stock being in an overbought technical condition, the long-term growth outlook and positive sentiment outweigh short-term concerns.
The stock is in a bullish trend with moving averages (SMA_5 > SMA_20 > SMA_200) confirming upward momentum. MACD is positive at 3.202, indicating bullish momentum, but RSI_6 at 83.516 suggests the stock is overbought. Key resistance levels are R1: 376.281 and R2: 391.694, with support at S1: 326.384 and S2: 310.971.
FedEx announced ambitious revenue targets of $98 billion by 2029, driven by digital innovation and strong market demand.
Strategic initiatives such as the planned acquisition of InPost and the spinoff of its freight business are expected to unlock shareholder value.
Strong financial performance in Q2 2026, with revenue up 6.84% YoY, net income up 29.23% YoY, and EPS up 33.66% YoY.
Analysts have raised price targets significantly, with multiple firms maintaining Buy or Overweight ratings.
The stock is currently overbought based on RSI, which may lead to short-term pullbacks.
Hedge funds and insiders are neutral, indicating no significant buying activity from these groups.
The broader market (S&P
is down 1.54%, which could impact sentiment.
In Q2 2026, FedEx reported strong financial growth: Revenue increased by 6.84% YoY to $23.469 billion, net income rose by 29.23% YoY to $955 million, EPS grew by 33.66% YoY to $4.05, and gross margin improved to 66.59%, up 1.19% YoY.
Analysts are overwhelmingly positive on FedEx. Barclays raised its price target to $450, Citi to $401, BofA to $408, UBS to $412, and Bernstein to $427, all maintaining Buy or Overweight ratings. Analysts highlight cost savings, market share gains, and strategic initiatives as key drivers for future growth.
