"FedEx is up 34.85% year to date and 83.86% over the past year, with shares sitting roughly 1% below the 52-week high of $399.67."
"The DRIVE program delivered $2.20 billion in structural savings in FY2025 alone, with another $1 billion in permanent reductions targeted for FY2026."
"The June 1, 2026 spin-off of FedEx Freight should unlock a higher-multiple LTL pure play, with a bull case projecting shares reaching $453.89 in 12 months."
"FedEx Freight saw revenue fall 5% YoY in Q3, with average daily shipments down 6%, and the spin-off carries $126 million in separation costs."
FedEx has shown significant growth, with shares up 34.85% year-to-date and 83.86% over the past year. The company reported strong Q3 FY2026 results, beating EPS expectations and raising guidance for FY2026. The DRIVE program has generated substantial savings, and the upcoming spin-off of FedEx Freight is expected to enhance value. However, challenges include a decline in revenue for FedEx Freight and associated separation costs. The bull case suggests a potential price of $453.89 within 12 months.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]