FedEx Corporation is scheduled to release its fourth-quarter earnings after the closing bell on Tuesday, June 23. Analysts project the Memphis, Tennessee-based company to report quarterly earnings of $5.92 per share, a decrease from $6.07 per share in the year-ago period. The consensus estimate for revenue stands at $24 billion, compared to $22.22 billion reported last year. Investors looking to generate $500 per month from dividends alone would need to purchase approximately 1,230 shares, an investment of about $412,960 based on current yields.

On June 8, FedEx announced a 5% increase in its annual dividend rate. The company currently offers an annual dividend yield of 1.45%, equating to a quarterly payment of $1.22 per share or $4.88 annually. To achieve a more modest monthly income of $100, an investor would require around 246 shares, costing approximately $82,592. Dividend yield fluctuates based on the stock price and dividend payment changes.

Analyst Ratings and Price Targets

Several analysts have recently adjusted their ratings and price targets for FedEx stock. The following table summarizes these changes:

Barclays analyst Brandon Oglenski maintained an Overweight rating but cut the price target from $450 to $425 on June 12, 2026. Morgan Stanley analyst Ravi Shanker maintained an Underweight rating and slashed the price target from $230 to $160 on June 3, 2026. B of A Securities analyst Ken Hoexter maintained a Buy rating and lowered the price target from $440 to $376 on June 2, 2026. BMO Capital analyst Fadi Chamoun maintained a Market Perform rating and cut the price target from $410 to $340 on June 2, 2026. JP Morgan analyst Brian Ossenbeck upgraded the stock from Neutral to Overweight and increased the price target from $432 to $460 on May 27, 2026.

Shares of the company fell 0.9% to close at $335.74 on Tuesday.

Barclays analyst Brandon Oglenski maintained an Overweight rating on FedEx (NYSE: FDX) but reduced the price target to $425 from $450. The adjustment reflects a revised outlook on the stock's valuation potential despite the continued positive stance on its performance.

Rating and Price Target Details

The firm's decision to lower the price target comes as it reassesses the company's near-term trajectory. However, the retention of the Overweight rating suggests confidence in FedEx's ability to outperform the market relative to its sector peers.

The revised target indicates a recalibration of the expected upside, aligning with current market conditions and operational forecasts.