FedEx Freight Jumps After Inaugural Standalone Results and Higher Outlook

FedEx Freight Holding Company, Inc. (FDXF) is up 15.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to the company’s first earnings report as an independent public company, which showed solid revenue growth, improved adjusted profitability, and a stronger outlook for the rest of 2026. Investors also seem to be responding to signs that pricing held up well even as shipment volumes remained soft.

Details:

For the four-month transition period ended September 30, 2026, revenue rose 9.2% year over year to $3.3 billion, helped by fuel surcharge revenue, higher weight per shipment, an extra operating day, and better base revenue per hundredweight.

Adjusted operating income increased 16.4% to $510 million, while adjusted operating margin improved to 15.5%, even though reported operating income and GAAP EPS were pressured by spin-off related costs.

The company raised its seven-month adjusted operating income forecast to $695 million to $715 million from $605 million to $645 million, and lifted its adjusted EPS outlook to $2.80 to $2.90 from $2.40 to $2.60.

Management also introduced a positive December-quarter outlook, including expected adjusted operating income of $185 million to $205 million, and highlighted a second straight quarter of record-low claims ratio, suggesting better service execution.

Sources:

FedEx Freight Investor Relations, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$FDXF Hedge Fund Activity

We have seen 867 institutional investors add shares of $FDXF stock to their portfolio, and 219 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 9,078,495 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,370,852,745
DODGE & COX added 7,182,771 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,084,598,421
PRIMECAP MANAGEMENT CO/CA/ added 4,048,660 shares (+inf%) to their portfolio in Q2 2026, for an estimated $611,347,660
INVESCO LTD. added 3,470,101 shares (+inf%) to their portfolio in Q2 2026, for an estimated $523,985,251
FRANKLIN RESOURCES INC added 2,941,682 shares (+inf%) to their portfolio in Q2 2026, for an estimated $444,193,982
GEODE CAPITAL MANAGEMENT, LLC added 2,897,674 shares (+inf%) to their portfolio in Q2 2026, for an estimated $437,548,774
VIKING GLOBAL INVESTORS LP added 2,366,634 shares (+inf%) to their portfolio in Q2 2026, for an estimated $357,361,734

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.

$FDXF Price Targets

Multiple analysts have issued price targets for $FDXF recently. We have seen 8 analysts offer price targets for $FDXF in the last 6 months, with a median target of $174.0.

Here are some recent targets:

An analyst from Stephens & Co. set a target price of $180.0 on 07/08/2026
Jordan Alliger from Goldman Sachs set a target price of $186.0 on 07/01/2026
Fadi Chamoun from BMO Capital set a target price of $150.0 on 06/26/2026
Stephanie Moore from Jefferies set a target price of $200.0 on 06/23/2026
J. Bruce Chan from Stifel set a target price of $160.0 on 06/05/2026
Jonathan Chappell from Evercore ISI Group set a target price of $168.0 on 06/04/2026
Patrick Tyler Brown from Raymond James set a target price of $180.0 on 06/03/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.