We recently published Jim Cramer’s Latest Thoughts On Cisco, NVIDIA & Other AI Stocks. FedEx Corporation (NYSE:FDX) is one the stocks discussed by Jim Cramer.
Logistics giant FedEx Corporation (NYSE:FDX)’s shares are up by 62% over the past year and by 28% year-to-date. JPMorgan raised the firm’s share price target on March 10th. The bank hiked the target to $424 from $294 and kept a Neutral rating on the stock. It remarked that it had updated FedEx Corporation (NYSE:FDX)’s operating model ahead of the firm’s Q1 earnings report. The report saw the company post $24 billion in revenue and $5.25 in adjusted earnings to beat analyst estimates of $23.43 billion and $4.09. Cramer also discussed FedEx Corporation (NYSE:FDX) in a tweet after the earnings as he remarked:
“I thought the FDX story was real good. They are crushing the competition and really putting up some fabulous numbers”
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RS Large Cap Value Strategy commented on FedEx Corporation (NYSE:FDX) in its Q1 2026 investor letter:
“FedEx Corporation (NYSE:FDX) is a globally recognized brand operating a logistics network that delivers packages and freight to individuals and businesses worldwide. We originally initiated a position in FedEx as the company shifted its compensation metrics to focus more heavily on Return on Invested Capital (ROIC). This strategic pivot signaled the potential for improved returns driven by expanded margins and lower capital intensity. Recently, the company’s successful execution of this strategy has contributed to the stock’s outperformance. Additionally, FedEx is approaching the completion of the spin-off of its freight trucking business, a move that will allow both the Express Delivery and Freight segments to optimize their respective paths toward higher ROIC. We continue to hold FedEx, as we believe internal cost savings and disciplined pricing will drive further margin expansion. We expect incremental free cash flow to continue accruing to shareholders through ongoing share repurchases.”
While we acknowledge the risk and potential of FDX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FDX and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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