FedEx (FDX) stock forecast for 2024

The forecast has been updated: June 29, 2022 9:57


FedEx stock price online today

Analyst Target Price

287.45

Dividend Date

11.07.2022

Ex Dividend Date

24.06.2022

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 $287.45 target price for FedEx stock stock.

Today 200 Day Moving Average is the resistance level (230.41 $).

50 Day Moving Average is the support level (213.11 $).




FDX Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 288.00 281.26 308.22 8.75 %
Feb 289.30 275.24 309.61 11.10 %
Mar 286.17 280.51 306.52 8.49 %
Apr 282.82 275.19 295.04 6.73 %
May 294.02 288.20 308.31 6.52 %
Jun 281.32 275.25 288.41 4.57 %
Jul 299.55 287.42 312.49 8.02 %
Aug 303.06 291.60 318.60 8.48 %
Sep 297.60 285.28 312.60 8.74 %
Oct 286.35 271.40 291.51 6.90 %
Nov 291.51 278.13 303.57 8.38 %
Dec 302.00 285.96 321.03 10.92 %

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

62 324 535 000 $

EBITDA

9 767 000 000

PE Ratio

16.78

PEG Ratio

0.873

Dividend Per Share

3.4

Dividend Yield

0.0191

EPS

14.33

Quarterly Earnings Growth YOY

-0.69

Quarterly Revenue Growth YOY

0.081

Trailing PE

16.78

Forward PE

10.08

EV To Revenue

0.967

EV To EBITDA

8.62

52 Week High

298.35

52 Week Low

191.85

50 Day Moving Average

213.11

200 Day Moving Average

230.41

Shares Outstanding

259178000

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: 288.00. Negative monthly dynamics of the instrument is expected with 8.746% volatility is expected.

Pessimistic forecast: 281.26

Optimistic: 308.22


FedEx stock forecast for Feb 2024.
Estimated Average Forecasted FedEx Price: 289.30. Positive monthly dynamics of the instrument is expected with 11.101% volatility is expected.

Pessimistic forecast: 275.24

Optimistic: 309.61


FedEx stock forecast for Mar 2024.
Estimated Average Forecasted FedEx Price: 286.17. Negative monthly dynamics of the instrument is expected with 8.487% volatility is expected.

Pessimistic forecast: 280.51

Optimistic: 306.52


FedEx stock forecast for Apr 2024.
Estimated Average Forecasted FedEx Price: 282.82. Negative monthly dynamics of the instrument is expected with 6.729% volatility is expected.

Pessimistic forecast: 275.19

Optimistic: 295.04


FedEx stock forecast for May 2024.
Estimated Average Forecasted FedEx Price: 294.02. Positive monthly dynamics of the instrument is expected with 6.523% volatility is expected.

Pessimistic forecast: 288.20

Optimistic: 308.31


FedEx stock forecast for Jun 2024.
Estimated Average Forecasted FedEx Price: 281.32. Negative monthly dynamics of the instrument is expected with 4.565% volatility is expected.

Pessimistic forecast: 275.25

Optimistic: 288.41


FedEx stock forecast for Jul 2024.
Estimated Average Forecasted FedEx Price: 299.55. Positive monthly dynamics of the instrument is expected with 8.024% volatility is expected.

Pessimistic forecast: 287.42

Optimistic: 312.49


FedEx stock forecast for Aug 2024.
Estimated Average Forecasted FedEx Price: 303.06. Positive monthly dynamics of the instrument is expected with 8.475% volatility is expected.

Pessimistic forecast: 291.60

Optimistic: 318.60


FedEx stock forecast for Sep 2024.
Estimated Average Forecasted FedEx Price: 297.60. Negative monthly dynamics of the instrument is expected with 8.740% volatility is expected.

Pessimistic forecast: 285.28

Optimistic: 312.60


FedEx stock forecast for Oct 2024.
Estimated Average Forecasted FedEx Price: 286.35. Negative monthly dynamics of the instrument is expected with 6.896% volatility is expected.

Pessimistic forecast: 271.40

Optimistic: 291.51


FedEx stock forecast for Nov 2024.
Estimated Average Forecasted FedEx Price: 291.51. Positive monthly dynamics of the instrument is expected with 8.383% volatility is expected.

Pessimistic forecast: 278.13

Optimistic: 303.57


FedEx stock forecast for Dec 2024.
Estimated Average Forecasted FedEx Price: 302.00. Positive monthly dynamics of the instrument is expected with 10.922% volatility is expected.

Pessimistic forecast: 285.96

Optimistic: 321.03



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