$FDXF

FedEx Freight will become the entitlement partner of the NASCAR Truck Series in 2027. Recent analyst actions include BofA Securities lowering its price target to $157 from $187 and Bernstein initiating coverage with a Market Perform rating and $133 target.

FedEx Freight will become the title sponsor of the NASCAR Truck Series starting in 2027, replacing Craftsman. The series will be renamed the NASCAR FedEx Freight Truck Series. FedEx Freight will also become an official partner and exclusive freight shipping partner for NASCAR in the U.S., Canada, and Mexico. According to FedEx Freight, the deal aligns with their brand identity and growth strategy.

FedEx Freight Holding Co. (FDXF) saw record put option volume, with a diagonal put spread of 8,900 contracts, indicating a rolling bearish conviction. The stock hit a 52-week low at $122.39, down 25.24% over 3 months. Analysts have mixed views, with price targets ranging from $133 to $180. The options flow suggests traders expect further declines, betting on continued post-spinoff transition pain.

FedEx Freight (FDXF) expanded Mike Rodgers' role to include commercial strategy, following the termination of Mike Lyons. Rodgers, previously CTO, will now oversee tech, commercial strategy, customer experience, and marketing. The company cited his experience in creating value for customers and shareholders.

FedEx Freight (FDXF) reported FY26 revenue of $8.8B, down 1.1% YoY, with Q4 revenue up 4.8% to $2.4B. Adjusted operating income fell 23.9% YoY in Q4 to $363M. Management projects 4-6% revenue growth and 11.5-12.0% operating margin for the transition period post-spinoff. Concerns include volume declines and profitability pressures.

Jim Cramer discussed FedEx Freight (FDXF) and Eaton (ETN) during CNBC's Investing Club. JPMorgan initiated FDXF with an overweight rating and $160 target, citing profitability potential. Cramer wants to buy more FDXF but awaits clarity on oil prices. UBS upgraded ETN to buy with a $515 target, expecting strength in data centers and aerospace. ETN shares rose 3.5%.

JPMorgan initiated coverage of FedEx Freight with an Overweight rating and a $160 price target for 2027, citing improved profitability and service as a standalone company. Analyst Brian Ossenbeck believes the spin-off allows for necessary investments and expects management to narrow the gap with peers. The target is based on 2028 earnings of $6.20 per share and a 26x multiple, a discount to competitors.

Analysts made several calls on Tuesday, including upgrades for Eaton (ETN) to buy with a $515 target, Nvidia (NVDA) as strong buy, Apple (AAPL) as buy ahead of its iPhone event, and Lockheed Martin (LMT) to buy. Other notable actions include initiations for Willis Lease Finance (WLFC) as buy, JBT Marel (JBTM) at buy, and UiPath (PATH) as buy. Downgrades include Peloton (PTON) to underweight.

FedEx Freight terminated its executive vice president, Michael B. Lyons, for violating the company's code of conduct, according to an 8-K filing. The misconduct was unrelated to financial reporting or performance. The company is now searching for a replacement.

FedEx Freight (FDXF), a $19.6B LTL carrier, reported Q4 2026 revenue of $2.4B, up 4.8%, but operating income fell 66.9% to $158M. Shares dropped 2.9% post-earnings, with analysts expecting a 99.5% YoY EPS decline. The stock has underperformed the S&P 500 by 12.5% in the past month. Analysts have a 'Moderate Buy' consensus, with a mean price target of $173.75, a 30.9% premium to current price.