Norfolk Southern Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Norfolk Southern stock have an average target of 261.22, with a low estimate of 175 and a high estimate of 300. The average target predicts an increase of 6.91% from the current stock price of 244.34.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$175	$261.22	$270	$300
Change	-28.38%	+6.91%	+10.50%	+22.78%

Analyst Ratings

The average analyst rating for NSC stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	7	7	6	6	6	6
Buy	6	5	6	6	6	7
Hold	6	4	4	4	4	4
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	20	17	17	17	17	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Chappell Evercore ISI Group	Evercore ISI Group	Buy Maintains $265 → $276	Buy	Maintains	$265 → $276	+12.96%	Sep 25, 2024
Nathan Martin Benchmark	Benchmark	Strong Buy Maintains $266 → $270	Strong Buy	Maintains	$266 → $270	+10.50%	Jul 29, 2024
Jason Seidl TD Cowen	TD Cowen	Hold Maintains $251 → $253	Hold	Maintains	$251 → $253	+3.54%	Jul 26, 2024
Benjamin Nolan Stifel	Stifel	Hold Maintains $239 → $241	Hold	Maintains	$239 → $241	-1.37%	Jul 26, 2024
Walter Spracklin RBC Capital	RBC Capital	Buy Maintains $270 → $267	Buy	Maintains	$270 → $267	+9.27%	Jul 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.39B

from 12.16B

1.92%

from 12.16B

Revenue Next Year

13.03B

from 12.39B

5.14%

from 12.39B

EPS This Year

11.91

from 8.02

48.56%

from 8.02

EPS Next Year

13.84

from 11.91

16.18%

from 11.91

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	11.30B	9.79B	11.14B	12.75B	12.16B	12.39B	13.03B	13.66B
Revenue Growth	-1.41%	-13.34%	13.82%	14.39%	-4.62%	1.92%	5.14%	4.90%
EPS	10.25	7.84	12.11	13.88	8.02	11.91	13.84	15.75
EPS Growth	7.75%	-23.53%	54.55%	14.56%	-42.20%	48.56%	16.18%	13.81%
Forward PE	-	-	-	-	-	20.51	17.65	15.51
No. Analysts	-	-	-	-	-	29	29	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	13.0B	13.8B	14.5B
Avg	12.4B	13.0B	13.7B
Low	11.9B	12.3B	12.9B

Revenue Growth

Revenue Growth	2024	2025	2026
High	7.2%	11.3%	11.0%
Avg	1.9%	5.1%	4.9%
Low	-2.2%	-0.7%	-0.8%

EPS Forecast

EPS	2024	2025	2026
High	12.55	14.87	17.97
Avg	11.91	13.84	15.75
Low	11.29	12.72	13.66

EPS Growth

EPS Growth	2024	2025	2026
High	56.5%	24.8%	29.8%
Avg	48.6%	16.2%	13.8%
Low	40.8%	6.8%	-1.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.