FedEx (FDX.US) gains Goldman Sachs support after Q3 results: short-term quarterly volatility and cost pressures remain, but the long-term growth path remains solid.

Zhitong Finance APP has learned that FedEx (FDX.US) announced its third-quarter results for fiscal 2026 on Wednesday. Benefiting from higher average package prices, volume growth, and the continued advancement of structural cost-reduction measures, the company's revenue and profit for the quarter both exceeded Wall Street expectations, and it raised its full-year profit outlook for calendar year 2026. In a research report published after FedEx released its latest results, Goldman Sachs noted that the company's third-quarter results beat expectations, with strong international business performance. Although short-term quarterly volatility and cost pressures remain, the long-term development path remains solid. Goldman Sachs continues to rate FedEx "Buy" with a 12-month target price of $390, which implies about 28% upside from the stock's Wednesday closing price of $304.58.