Stock Of The Day: FedEx Shows 'Bad Action' As Support Crumbles
Shares of FedEx Corporation FDX are trading lower Tuesday. The stock is continuing the downtrend that began on Dec. 19 when, after the close, the company announced earnings and said it plans to separate its Freight Unit.
FedEx Delivers: Reveals Value-Building Plan for 2025
FedEx NYSE: FDX shares surged following the fiscal Q2 2025 earnings report because of its daring plan to unlock value. After careful review, the board has decided to spin off the freight business, which is struggling and offsetting strength in the core FedEx Express operations.
How Should You Play FDX Stock Post Plans of Freight Unit Spinoff?
With FDX looking to cut costs in the face of weak demand, we aim to assess the investment worthiness of the stock currently.
FedEx Positioned As Largest Pure-Play North American LTL Carrier Post-Separation: Analyst
BofA Securities analyst Ken Hoexter reiterated a Buy rating on FedEx Corporation FDX, raising the price forecast to $348 from $325.
FedEx Q2 Earnings Surpass Estimates, Revenues Lag, View Revised
FDX's second-quarter fiscal 2025 earnings improve year over year while revenues decline year over year.
FedEx: Why Did The Stock Tumble After A Pre-Market Earnings Surge?
FedEx's Q2 2025 earnings beat estimates despite lower revenues, driven by cost savings from the DRIVE program and share repurchases. The company provided less bullish FY25 guidance, expecting flat sales and adjusted EPS of $19-$20 due to competitive pricing and macro challenges. Major risks include top-line growth lack and competitive pressures, while opportunities lie in the $2.2 billion DRIVE savings and potential Freight segment spin-off.
FedEx Divests FedEx Freight and Shifts Gears to DRIVE Program
FedEx is taking steps to streamline its operations by prioritizing its DRIVE program and separating FedEx Freight into a standalone, publicly traded company. These decisions were announced by FedEx President and CEO Raj Subramaniam Thursday (Dec. 19) during the company's second-quarter earnings call, which saw the company's total sales of $22 billion slip 1%.
FedEx to spin off freight business
CNBC's Frank Holland reports on the latest news from FedEx.
What's Next For FDX Stock?
FedEx stock (NYSE: FDX) is expected to see higher levels after it announced the spin-off of its freight business. While this move was awaited, it bodes well for the stock, unlocking shareholder value.
FedEx Stock Climbs on Freight Business Spinoff, Earnings
Shares of FedEx Corp (NYSE:FDX) opened the session at $294, but have pulled back from its highs slightly, last seen 4.6% higher at $288.64, fueled by a wave of significant developments during the bustling holiday shipping season.
FedEx's freight unit spinoff offers ‘early Christmas' to Wall Street
Stifel, TD Cowen and Susquehanna analysts praise move and boost their price targets for the stock.
Vernon: The challenge for the FedEx spin-off will be staffing and what costs will look like
Bernstein analyst David Vernon discusses FedEx's latest earnings, and whether the planned spin-off of the truck freight business will set the company on the right track.
