FedEx Freight (FDXF) stock was up on Friday alongside new analyst coverage after the shipping company was spun off from FedEx (FDX). The latest analyst coverage came from Stifel Nicolaus’ J. Bruce Chan. He initiated coverage of FDXF stock with a Hold rating and a $160 price target. This price target represents a potential 6.44% downside for the shares.
Chan has mixed opinions on FedEx Freight. While he acknowledged the company as the “undisputed leader” in North American less-than-truckload market, he raised significant concerns about its operations. That included its lower growth profile and higher balance sheet leverage. The analyst argued that this will see FDXF stock trade at a discount compared to its peers.
On the flip side of that, Jim Cramer said that FedEx Freight “could be a true winner.” He argued that FedEx Freight was underappreciated while it was part of FedEx. With that in mind, the Mad Money host said that FedEx Freight is undervalued and could see serious gains now that it’s no longer lost in FedEx’s operations.
FedEx Freight Stock Movement Today
FedEx Freight stock was up 8.46% on Friday, adding to a 4.44% gain since the stock went public on May 26, 2026. FDXF stock trading volume today sat at 1.03 million shares, though it’s still too early to determine if this is heavy or light trading for the company.
Is FedEx Freight Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for FedEx Freight is Moderate Buy, based on three Buy and two Hold ratings over the past three months. With that comes an average FDXF stock price target of $169.60, representing a potential 0.69% downside for the shares.
