Based on the comprehensive data I've gathered for FDX, here's your weekly stock report:

Based on the comprehensive data I've gathered for FDX, here's your weekly stock report:

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FedEx Corporation (FDX) - Weekly Stock Report

Week of April 20-22, 2026

Key Metrics Summary

Metric	Current Value	Change
Stock Price	$394.59	+6.6% (1 week), +10.0% (1 month)
Market Cap	$94.2B	Large-cap
Short Interest % FF	1.15%	-17.1% (1 week), -19.3% (1 month)
Days to Cover	0.45 days	Very low
Cost to Borrow	0.41%	-8.2% (1 week)
Utilization	0.1%	Minimal

Stock Performance & Sentiment

FedEx shares are on a strong run. The stock gained 6.6% this week and is up nearly 10% over the past month, closing at $394.59. Year-to-date gains stand at an impressive 36.6%.

The ORTEX Stock Score of 84.3/100 reflects this momentum, with particularly strong marks in:

• Momentum Score: 87.3 (strong recent price action)
• Quality Score: 76.4 (solid fundamentals)
• Growth Score: 65.0 (steady expansion)
• Value Score: 48.3 (trading at higher multiples)

Technical indicators support the bullish trend. The RSI of 68.7 suggests the stock is approaching overbought territory but not yet extended. Analysts see upside of just 2.15% to their mean target price, indicating the recent rally has brought FedEx closer to fair value.

Short Interest Declining Sharply

Bears are backing away. Short interest dropped 17% this week to just 2.65 million shares, representing only 1.15% of the free float. This marks a 19% decline over the past month. With days to cover at a mere 0.45, shorts could exit positions quickly if needed.

Cost to borrow ticked up slightly to 0.41% but remains negligible. Utilization sits at just 0.1%, meaning shares are readily available to borrow. This is not a stock under short pressure.

Options Market: Neutral to Slightly Bearish

The put/call ratio of 1.34 indicates more put volume than call volume, but this has actually declined from the 20-day average of 1.46. The PCR z-score of -1.64 suggests options sentiment has turned slightly more bullish relative to recent trends. The 52-week range for PCR is 0.95 to 1.61, placing current levels near the middle.

Fundamentals Snapshot

FedEx generated $93.5 billion in revenue with EBITDA of $10.8 billion. Net income came in at $4.1 billion, translating to EPS of $19.68. The company maintains net debt of $14.1 billion against an enterprise value of $101.3 billion.

Key valuation metrics:

• EV/EBITDA: 9.4x
• EV/Revenue: 1.08x
• Forward Dividend Yield: 1.49%

The company's next earnings report is scheduled for June 23, 2026.

Recent News & Catalysts

The biggest news this week involves tariff refunds. FedEx and rival UPS have begun filing for refunds following the Supreme Court's decision to strike down certain Trump-era tariffs. Up to $127 billion could flow back to importers, potentially benefiting logistics companies that paid duties on imported goods. News sources estimate corporations collectively sit on $166 billion in potential refunds.

On the operational front, FedEx announced a strategic partnership with Viettel Post to strengthen its delivery network in Vietnam, signaling continued international expansion despite global trade uncertainties.

Investment Considerations

FedEx displays strong momentum backed by solid fundamentals. The high stock score, declining short interest, and tariff refund catalyst create a favorable backdrop. However, the modest analyst upside and elevated RSI suggest much of the good news may be priced in at current levels.

The air freight and logistics sector faces headwinds from economic uncertainty, but FedEx's operational improvements and potential tariff windfalls could offset macro concerns.

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This analysis is for informational purposes only and does not constitute financial advice. Data is subject to change and may contain inaccuracies.