Goldman Sachs revised their
FedEx forecast lowering it due to weakness in B2B sector, tariffs, and industrial slowdown. Despite that, a FedEx analyst began coverage with a bullish note, citing FDX as one of the best delivery stocks for billionaires. The company acquired
RouteSmart Technologies to strengthen its global pickup and delivery optimization, but faced a lower performance than the broader Industrials sector. After a disappointing earnings tremor, FDX is under the spotlight for its Q3 2025 earnings results.
FedEx Freight President Lance Moll announced his retirement. The company launched the
fdx platform which is seen as a strategic cost-saving initiative. FedEx announced its intent to separate FedEx Freight, making two independent public companies and underwent a massive $11.7B debt restructuring. News about the companyβs CEO, Raj Subramaniam being complimented by Jim Cramer for doing a remarkable job gave a push to the stock. However, insider selling and a reduced price target from Wells Fargo signaled some hesitancy. FedEx seems to be preparing strategies to lift shares including highlighting its commitment to sustainability as showcased in its Economic Impact Report and a new healthcare president appointment.
Fedex Corporation FDX News Analytics from Mon, 15 Jul 2024 07:00:00 GMT to Fri, 14 Mar 2025 18:16:23 GMT -
Rating 3
- Innovation -2
- Information 8
- Rumor -1
