FedEx (FDX.US) Q3 Post-Earnings Supported by Goldman Sachs: Short-Term Quarterly Fluctuations and Cost Pressures Persist, but Long-Term Development Path Remains Stable

According to Jin Zhi Finance APP, FedEx (FDX.US) announced its third-quarter 2026 results on Wednesday. Thanks to higher package prices, increased business volume, and the continued implementation of structural cost-cutting measures, the company's revenue and profits for the quarter both exceeded Wall Street expectations, and it raised its full-year profit outlook for the 2026 calendar year. In a research report released after FedEx announced its latest results, Goldman Sachs pointed out that the company's third-quarter performance exceeded expectations, with strong performance in international business. Although short-term quarterly fluctuations and cost pressures remain, the company's long-term development path is still stable. Goldman Sachs continues to give FedEx a "Buy" rating, with a 12-month target price of $390, which represents about a 28% upside from the stock's closing price of $304.58 on Wednesday.