FDX Maintained by JP Morgan -- Price Target Lowered to $400

On September 8, 2026, JP Morgan maintained an 'Overweight' rating on FedEx FDX but lowered the price target to $400.00 from a prior target of $460.00, marking a decrease of 13.04%. GF Value™ verdict: FedEx is currently trading at $317.08, which is 33.4% overvalued compared to its GF Value™ of $237.69. GF Score™: 82/100, indicating strong overall performance. Insider activity shows significant selling, with $1,636,430 in insider sell value over the past three months. What's Behind the Analyst Rating? The recent rating adjustment by JP Morgan reflects a cautious outlook on FedEx's near-term performance amid changing market conditions. The reduction in price target suggests that analysts are reassessing the company's growth prospects and potential risks, particularly in the transportation sector, which has been facing various headwinds. FedEx Corp, with a market capitalization of approximately $75 billion, is a leader in the industrials sector, specifically in transportation. The company has been pivotal in shaping the logistics landscape since pioneering overnight delivery in 1973. Following the spinoff of FedEx Freight in June 2026, the core package delivery operations now account for over 95% of total revenue, highlighting its focus on express services. Is FDX Overvalued or Undervalued? According to GuruFocus, FedEx's GF Value™ is calculated at $237.69, indicating that the stock is currently 33.4% overvalued at its trading price of $317.08. This significant discrepancy suggests that investors may be paying a premium for the stock without a corresponding increase in intrinsic value, leading to a lack of margin of safety for potential buyers. Additionally, FedEx's trailing twelve months (TTM) P/E ratio stands at 17.13, which is notably higher than its 5-year median P/E of 12.41. This elevated valuation metric further supports the notion that the stock may be overvalued in the current market environment. For more insights, visit the GF Value™ page. What Does FDX's GF Score™ Tell Us? The GF Score™ is a comprehensive measure that evaluates a company's financial strength, profitability, growth potential, valuation, and momentum. FedEx's GF Score™ of 82/100 reflects a solid performance, particularly in profitability and momentum, while indicating some concerns in valuation. Below is a summary of the GF Score™ components: Metric Rating GF Score™ 82 Financial Strength 6/10 Profitability 8/10 Growth 6/10 Valuation 5/10 Momentum 9/10 FedEx's strengths lie in its profitability and momentum, ranking 8/10 and 9/10 respectively, indicating robust earnings and positive price trends. However, its valuation rank of 5/10 suggests that the stock may not be the best value at current prices. For further details, check the FDX stock page. What Are Gurus and Insiders Doing with FDX? Currently, 21 gurus hold shares of FedEx, with 5 adding to their positions and 15 trimming their holdings in recent quarters. This mixed activity indicates a cautious sentiment among institutional investors. Additionally, insider selling has been notable, with a total of $1,636,430 in insider sell value over the past three months, which may raise concerns about the company's near-term outlook. What This Means for Investors In summary, FedEx appears to be significantly overvalued based on its GF Value™ and current market price, suggesting that investors may want to exercise caution. The strong GF Score™ indicates solid operational performance, but the high P/E ratio and insider selling signal potential risks ahead. For a deeper analysis, visit the FDX stock page. Frequently Asked Questions What is FDX's GF Score™? FDX's GF Score™ is 82/100, indicating strong overall performance in various financial metrics. Is FDX overvalued or undervalued? FDX is currently overvalued by 33.4%, with a GF Value™ of $237.69 compared to its trading price of $317.08. What do analysts recommend for FDX? Analysts maintain an 'Overweight' rating on FDX, although recent price targets have been adjusted downward, reflecting a cautious outlook.