Amazon says the Memphis, Tenn., company will join other third-party partners including United Parcel Service and the U.S. Postal Service that regularly work alongside Amazon's last-mile delivery network to balance capacity.
Amazon has partnered with FedEx to fill some delivery gaps left by UPS. UPS announced earlier this year that it would significantly reduce deliveries for Amazon.
The U.S. Postal Service Board of Governors selected former Waste Management CEO David Steiner as postmaster general. Steiner, who is a board member of shipping giant FedEx, will succeed former Postmaster General Louis DeJoy, who resigned in March.
Yahoo Finance anchor Josh Lipton breaks down the market trends for May 7, 2025. Stocks close higher as the Fed holds rate steady.
FedEx (FDX) closed the most recent trading day at $213.41, moving -1.65% from the previous trading session.
FedEx's share price is down a staggering 31% from November highs, following a mixed Q3 earnings and the 2025 market correction fueled by tariff tensions. Despite short-term headwinds, FedEx still has sturdy financials, excellent efficiency and profitability metrics, and debt management. The company is on track to deliver $8 billion in cost savings with the DRIVE and Network 2.0 programs, enhancing long-term efficiency and free cash flows, potentially facilitating share buybacks.
FedEx (FDX) reachead $210.33 at the closing of the latest trading day, reflecting a +0.23% change compared to its last close.
One of our favorite buy signals from major corporations we cover at 24/7 Wall St.
FedEx's operational transformation, including the "One FedEx" initiative and Network 2.0 program, aims to improve efficiency, margins, and flexibility in logistics and decision-making. Despite revenue declines post-pandemic, FedEx maintains strong cash flow, improved operating margins, and robust debt management, positioning for moderate growth in 2025. The company's shares are undervalued, presenting a buying opportunity with a potential 11.10% price increase and a total return of 13.79% including dividends.
I am downgrading FedEx to a hold due to significant macro risks, despite the company's strong cost control and operational improvements. Freight struggles and global tariffs are impacting demand, with industrial recovery not expected until 2FH26, affecting high-margin B2B shipments. Positive cost management is evident, with Express segment margins improving and significant savings from DRIVE and Network 2.0 initiatives.
With earnings estimates for FDX moving south, we assess if it is a buy at the current levels.
The March 2025 US jobs report revealed a robust addition of 228,000 jobs, surpassing economists' expectations of 140,000 and the 12-month average of 158,000.