FedEx Corporation (FDX) reported third-quarter fiscal 2026 revenue of $22.9 billion, up 11.9% from a year ago and just below Wall Street’s revenue estimate. Gross profit rose to $5.7 billion, while operating profit increased to $1.1 billion, showing continued top-line growth and improvement in operating performance.
Despite the stronger revenue and operating results, net income attributable to common shareholders fell sharply to $290 million, and diluted earnings per share came in at $1.21, both down significantly from the prior year. That left the company well below the earnings estimate for the quarter.
- Revenue: $22.9 billion, up 11.9% year over year
- Operating profit: $1.1 billion, up 9.8% year over year
- Net income: $290 million, down 68.5% year over year
- Diluted EPS: $1.21, down 68.9% year over year
Cash generation was a bright spot, with cash from operating activities climbing to $3.8 billion. FedEx also ended the quarter with $8.0 billion in cash and cash equivalents, while capital spending totaled $1.7 billion. The stock moved lower after the release, falling 2.7%.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
FedEx Corporation Insider Trading Activity
FedEx Corporation insiders have traded $FDX stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $FDX stock by insiders over the last 6 months:
- PAUL S WALSH sold 5,042 shares for an estimated $1,636,431
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
FedEx Corporation Hedge Fund Activity
We have seen 794 institutional investors add shares of FedEx Corporation stock to their portfolio, and 955 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 3,067,557 shares (+inf%) to their portfolio in Q2 2026, for an estimated $960,544,123
- DODGE & COX removed 2,750,180 shares (-27.5%) from their portfolio in Q2 2026, for an estimated $861,163,863
- BLACKROCK, INC. added 1,980,339 shares (+10.5%) to their portfolio in Q2 2026, for an estimated $620,103,551
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,653,205 shares (+inf%) to their portfolio in Q2 2026, for an estimated $517,668,081
- FMR LLC removed 1,234,728 shares (-19.7%) from their portfolio in Q2 2026, for an estimated $386,630,378
- NINETY ONE UK LTD added 850,597 shares (+461.7%) to their portfolio in Q3 2026, for an estimated $242,496,698
- HOLOCENE ADVISORS, LP removed 791,178 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $247,741,567
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
FedEx Corporation Government Contracts
We have seen $837,121,915 of award payments to $FDX over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- MAIL MANIFESTING SERVICES: $75,000,000
- MAIL MANIFESTING SERVICES: $56,894,312
- MAIL MANIFESTING SERVICES: $55,536,704
- FED EX NGDS SHIPPING: $48,200,000
- MAIL MANIFESTING SERVICES: $37,685,752
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
FedEx Corporation Congressional Stock Trading
Members of Congress have traded $FDX stock 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $FDX stock by members of Congress over the last 6 months:
- REPRESENTATIVE RICK LARSEN sold up to $15,000 on 10/08.
- REPRESENTATIVE MARIA ELVIRA SALAZAR sold up to $15,000 on 09/24.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 07/21.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
FedEx Corporation Price Targets
Multiple analysts have issued price targets for $FDX recently. We have seen 10 analysts offer price targets for $FDX in the last 6 months, with a median target of $362.0.
Here are some recent targets:
- Lucas Servera from Truist Securities set a target price of $365.0 on 06/25/2026
- Thomas Wadewitz from UBS set a target price of $350.0 on 06/24/2026
- J. Bruce Chan from Stifel set a target price of $326.0 on 06/24/2026
- Ken Hoexter from B of A Securities set a target price of $378.0 on 06/24/2026
- Ariel Rosa from Citigroup set a target price of $359.0 on 06/24/2026
- Christian Wetherbee from Wells Fargo set a target price of $425.0 on 06/17/2026
- Brandon Oglenski from Barclays set a target price of $425.0 on 06/12/2026
