FedEx (FDX) stock falls 1.79% as market gains: trading insights

By James Park · Markets Editor

May 13, 2026 · 3 min read

FedEx (FDX) Stock Slides as Market Rises: Facts to Know Before You Trade

Zacks Equity Research Wed, May 13, 2026 at 6:15 PM EDT 3 min read

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FedEx (FDX) closed at $369.70 in the latest trading session, marking a -1.79% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.59% for the day. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq added 1.2%.

Coming into today, shares of the package delivery company had gained 1.7% in the past month. In that same time, the Transportation sector gained 1.39%, while the S&P 500 gained 8.64%.

Analysts and investors alike will be keeping a close eye on the performance of FedEx in its upcoming earnings disclosure. The company is predicted to post an EPS of $5.8, indicating a 4.45% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $23.86 billion, indicating a 7.38% upward movement from the same quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $19.61 per share and a revenue of $93.26 billion, representing changes of +7.81% and +6.06%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for FedEx. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, FedEx is carrying a Zacks Rank of #2 (Buy).

In terms of valuation, FedEx is presently being traded at a Forward P/E ratio of 19.2. This signifies a premium in comparison to the average Forward P/E of 16.47 for its industry.