Last mentioned: Mar 20, 2026
One FedEx Completion
Target date for the formal merger of Express, Ground, and Freight units.
Q3 Earnings Beat
FedEx reports Q3 results and raises full-year guidance again due to cost efficiencies.
First Guidance Raise
Strong Q2 performance leads to the first upward revision of the fiscal year.
DRIVE Program Target
Deadline for achieving the full $4 billion in annual structural cost reductions.
Consolidation Completion
Target date for the full integration of the U.S. domestic network under the One FedEx banner.
DRIVE Program Launch
FedEx announces a $4 billion cost-reduction plan and network consolidation.
One FedEx Announced
FedEx announces the consolidation of Express, Ground, and Services into a single organization.
Stifel Nicolaus has significantly raised its price target for FedEx to $425.00, signaling strong confidence in the logistics giant's 'One FedEx' consolidation and 'Network 2.0' efficiency gains. The upgrade follows a record-breaking peak season and an upward revision of fiscal 2026 earnings guidance.
FedEx has raised its full-year earnings guidance following a robust third-quarter performance that exceeded analyst expectations. The results were driven by a combination of volume recovery, improved yields, and significant progress in the company's multi-billion dollar 'DRIVE' cost-reduction program.
FedEx has raised its full-year earnings outlook following a robust third-quarter performance characterized by volume growth and significant margin expansion. The results underscore the success of the company's DRIVE cost-reduction program and its ongoing efforts to merge its disparate operating units into a single integrated network.