FedEx (FDX) stock forecast for 2024

The forecast has been updated: May 31, 2023 9:59


FedEx stock price online today

Analyst Target Price

235.9

Dividend Date

03.07.2023

Ex Dividend Date

09.06.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell FedEx stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? FedEx stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $235.9 target price for FedEx stock stock.

Today 200 Day Moving Average is the support level (195.42 $).

50 Day Moving Average is the support level (226.25 $).




FDX Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 227.41 211.04 235.60 10.42 %
Mar 237.03 232.12 242.15 4.14 %
Mar 219.54 214.79 225.46 4.73 %
May 227.44 218.64 239.72 8.79 %
May 227.85 216.98 240.15 9.65 %
Jul 240.15 223.73 247.72 9.69 %
Jul 232.16 220.04 244.07 9.84 %
Aug 229.86 219.31 243.51 9.94 %
Oct 240.20 227.45 250.79 9.31 %
Oct 247.77 235.95 255.57 7.68 %
Dec 259.59 246.50 275.01 10.36 %
Dec 253.51 247.12 269.71 8.37 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of FedEx stock.


FedEx overview

FedEx Address

942 SOUTH SHADY GROVE ROAD, MEMPHIS, TN, US

Market Capitalization

56 340 550 000 $

EBITDA

9 117 000 000

PE Ratio

19.31

PEG Ratio

1.22

Dividend Per Share

4.6

Dividend Yield

0.0225

EPS

11.61

Quarterly Earnings Growth YOY

-0.272

Quarterly Revenue Growth YOY

-0.062

Trailing PE

19.31

Forward PE

11.59

EV To Revenue

0.798

EV To EBITDA

8.07

52 Week High

244.39

52 Week Low

140.19

50 Day Moving Average

226.25

200 Day Moving Average

195.42

Shares Outstanding

251352000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

FedEx stock forecast for this year


FedEx stock forecast for Jan 2024.
Estimated Average Forecasted FedEx Price: 227.41. Positive monthly dynamics of the instrument is expected with 10.425% volatility is expected.

Pessimistic forecast: 211.04

Optimistic: 235.60


FedEx stock forecast for Mar 2024.
Estimated Average Forecasted FedEx Price: 237.03. Positive monthly dynamics of the instrument is expected with 4.141% volatility is expected.

Pessimistic forecast: 232.12

Optimistic: 242.15


FedEx stock forecast for Mar 2024.
Estimated Average Forecasted FedEx Price: 219.54. Negative monthly dynamics of the instrument is expected with 4.732% volatility is expected.

Pessimistic forecast: 214.79

Optimistic: 225.46


FedEx stock forecast for May 2024.
Estimated Average Forecasted FedEx Price: 227.44. Positive monthly dynamics of the instrument is expected with 8.795% volatility is expected.

Pessimistic forecast: 218.64

Optimistic: 239.72


FedEx stock forecast for May 2024.
Estimated Average Forecasted FedEx Price: 227.85. Positive monthly dynamics of the instrument is expected with 9.649% volatility is expected.

Pessimistic forecast: 216.98

Optimistic: 240.15


FedEx stock forecast for Jul 2024.
Estimated Average Forecasted FedEx Price: 240.15. Positive monthly dynamics of the instrument is expected with 9.685% volatility is expected.

Pessimistic forecast: 223.73

Optimistic: 247.72


FedEx stock forecast for Jul 2024.
Estimated Average Forecasted FedEx Price: 232.16. Negative monthly dynamics of the instrument is expected with 9.845% volatility is expected.

Pessimistic forecast: 220.04

Optimistic: 244.07


FedEx stock forecast for Aug 2024.
Estimated Average Forecasted FedEx Price: 229.86. Negative monthly dynamics of the instrument is expected with 9.940% volatility is expected.

Pessimistic forecast: 219.31

Optimistic: 243.51


FedEx stock forecast for Oct 2024.
Estimated Average Forecasted FedEx Price: 240.20. Positive monthly dynamics of the instrument is expected with 9.310% volatility is expected.

Pessimistic forecast: 227.45

Optimistic: 250.79


FedEx stock forecast for Oct 2024.
Estimated Average Forecasted FedEx Price: 247.77. Positive monthly dynamics of the instrument is expected with 7.678% volatility is expected.

Pessimistic forecast: 235.95

Optimistic: 255.57


FedEx stock forecast for Dec 2024.
Estimated Average Forecasted FedEx Price: 259.59. Positive monthly dynamics of the instrument is expected with 10.364% volatility is expected.

Pessimistic forecast: 246.50

Optimistic: 275.01


FedEx stock forecast for Dec 2024.
Estimated Average Forecasted FedEx Price: 253.51. Negative monthly dynamics of the instrument is expected with 8.375% volatility is expected.

Pessimistic forecast: 247.12

Optimistic: 269.71



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