Key Takeaways for FedEx Stock
- FedEx grew Q3 revenue 8% year-over-year to $24.00 billion, the strongest quarterly growth rate in at least eight quarters.
- Operating income held at $1.67 billion for the second consecutive quarter while operating margins compressed to 7% despite the revenue acceleration.
- The Federal Express segment expanded adjusted operating margin by 50 basis points, marking its sixth consecutive quarter of margin expansion.
- TIKR’s model values FDX stock at approximately $370 by May 2030, implying around 13% total return from the current price.
