FDX Price Prediction Next Week
Analysis and Insights
To predict the stock price of FedEx (FDX) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
- RSI (14): 46.46, indicating neutral territory.
- MACD: -4.10, showing bearish momentum.
- Bollinger Bands: The stock is near the lower band, suggesting potential undervaluation.
- Fibonacci Levels: Pivot at 254.94, with resistance at 262.58 and support at 247.30.
News Sentiment:
- Analyst Downgrade: Wells Fargo cut the price target from $320 to $275, reflecting reduced expectations.
- Industry Challenges: DHL's job cuts and slower growth forecasts in the logistics sector may impact sentiment.
- Musk's Proposal: While not directly affecting FedEx, it highlights potential shifts in the logistics landscape.
Conclusion:
Based on the analysis, FedEx's stock is expected to face headwinds. The predicted price for the next trading week is $247.30, and the recommendation is to sell due to bearish technical indicators and negative news sentiment.
FDX Similar Chart Price Prediction
The price of FDX is predicted to go up 14.7%, based on the high correlation periods with GAIN. The similarity of these two price pattern on the periods is 92.7%.
FDX
GAIN
Up: 14.7%Similarity: 92.7%
FDX Revenue Forecast
FDX EPS Forecast
FDX FAQs
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FDX VS S&P500
Despite near-term normalization off lofty levels, FedEx's US ground and international express package delivery operations should enjoy positive longer-term tailwinds from e-commerce growth.
FedEx's massive package sortation footprint, immense air and delivery fleet, and global operations knit together a presence that's extraordinarily difficult to replicate.
During its nearly five-decade history, FedEx has weathered multiple economic cycles. While short-term results may suffer, the company's powerful parcel delivery network is firmly established.
FDX Analyst's Forecast
Lucas Servera
Truist Securities
Strong Buy
2025-03-13
Price Target
$305
Upside
+26.57%
Truist initiated coverage of FedEx with a Buy rating and $305 price target. FedEx stands to benefit longer term from its efforts to integrate the Ground and Express networks, driving better efficiency and higher margins, the analyst argues. With lower capex requirements going forward as its aircraft fleet renewal is mostly complete, the firm believes the company is well positioned to generate higher levels of free cash flow, the analyst added.
Christian Wetherbee
Wells Fargo
Hold
2025-03-06
Price Target
$320 → $275
Upside
+10.09%
J. Bruce Chan
Stifel
Strong Buy
2025-01-23
Price Target
$368 → $364
Upside
+34.8%
