Morning News Wrap-Up 3/24/26: Today’s Biggest Stock Market Stories!
TipRanks (Tue, 24-Mar 12:58 PM ET)
FedEx Stock (FDX) Lags as Logistics Giant Joins the Same-Day Delivery Race
TipRanks (Tue, 24-Mar 9:42 AM ET)
FedEx To Offer Faster Delivery with Launch of FedEx SameDay Local
Business Wire (Tue, 24-Mar 8:00 AM ET)
FedEx boosts same-day shipping capabilities with OneRail deal
Seeking Alpha News (Tue, 24-Mar 7:22 AM ET)
Analysts Are Bullish on These Industrial Goods Stocks: BOC Aviation (BCVVF), FedEx (FDX)
TipRanks (Tue, 24-Mar 2:40 AM ET)
Deutsche Bank Sticks to Its Buy Rating for FedEx (FDX)
TipRanks (Mon, 23-Mar 8:26 AM ET)
Stock index futures pare gains as Iran says 'no talks with Washington'
Seeking Alpha News (Mon, 23-Mar 7:52 AM ET)
Sector winners from the Iran war: Energy, chemicals, satellites and cyber
Seeking Alpha News (Mon, 23-Mar 7:29 AM ET)
Stock index futures jump as Trump pauses military strikes on Iran
Seeking Alpha News (Mon, 23-Mar 7:20 AM ET)
Musk offers to pay TSA while Trump threatens to deploy ICE in airports
Seeking Alpha News (Sat, 21-Mar 1:18 PM ET)
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In fiscal 2025, the firm's Federal Express segment—which houses the core package delivery operations—made up 86% of total revenue, with 10% coming from FedEx Freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
Fedex trades on the NYSE stock market under the symbol FDX.
As of March 25, 2026, FDX stock price declined to $354.79 with 1,092,062 million shares trading.
FDX has a beta of 1.11, meaning it tends to be more sensitive to market movements. FDX has a correlation of 0.31 to the broad based SPY ETF.
FDX has a market cap of $84.66 billion. This is considered a Large Cap stock.
Last quarter Fedex reported $24 billion in Revenue and $5.25 earnings per share. This beat revenue expectation by $478 million and exceeded earnings estimates by $1.12.
In the last 3 years, FDX traded as high as $392.86 and as low as $194.30.
The top ETF exchange traded funds that FDX belongs to (by Net Assets): VTI, VOO, IVV, SPY, VO.
FDX has outperformed the market in the last year with a price return of +48.8% while the SPY ETF gained +15.9%. FDX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +20.4% and -1.3%, respectively, while the SPY returned -4.4% and -2.6%, respectively.
FDX support price is $353.07 and resistance is $366.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FDX shares will trade within this expected range on the day.