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Barchart
Barchart
Neha Panjwani

Is Wall Street Bullish or Bearish on FedEx Corporation Stock?

FedEx Corporation FDX

Memphis, Tennessee-based FedEx Corporation (FDX) provides transportation, e-commerce, and business services. Valued at $73.3 billion by market cap, the company provides worldwide express and freight delivery, ground small-parcels, less-than-truckload, supply chain management, customs brokerage services, trade facilitation, and electronic commerce solutions.

Shares of this logistics giant have underperformed the broader market over the past year. FDX has gained 17.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 32.1%. In 2024, FDX’s stock rose 19.8%, compared to the SPX’s 26.2% rise on a YTD basis. 

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