Norfolk Southern Corporation (NSC)

Norfolk Southern Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Norfolk Southern stock have an average target of 271.45, with a low estimate of 175 and a high estimate of 309. The average target predicts an increase of 9.91% from the current stock price of 246.97.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$175	$271.45	$283	$309
Change	-29.14%	+9.91%	+14.59%	+25.12%

Analyst Ratings

The average analyst rating for NSC stock from 20 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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	7	6	6	6	6	7
Buy	5	6	6	6	7	7
Hold	4	4	4	4	4	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	17	17	17	17	18	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Walter Spracklin RBC Capital	RBC Capital	Buy Maintains $272 → $282	Buy	Maintains	$272 → $282	+14.18%	Oct 23, 2024
Jason Seidl TD Cowen	TD Cowen	Hold Maintains $253 → $259	Hold	Maintains	$253 → $259	+4.87%	Oct 23, 2024
Ken Hoexter B of A Securities	B of A Securities	Strong Buy Maintains $276 → $291	Strong Buy	Maintains	$276 → $291	+17.83%	Oct 23, 2024
Brian Ossenbeck JP Morgan	JP Morgan	Buy Maintains $283 → $288	Buy	Maintains	$283 → $288	+16.61%	Oct 23, 2024
Daniel Imbro Stephens & Co.	Stephens & Co.	Hold Reiterates $263	Hold	Reiterates	$263	+6.49%	Oct 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.39B

Increased by 1.92%

from 12.16B

Revenue Next Year

13.03B

Increased by 5.14%

from 12.39B

EPS This Year

11.91

Increased by 48.56%

from 8.02

EPS Next Year

13.84

Increased by 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%	4.89%
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	-	-	-	-	-	20.73	17.84	15.68
No. Analysts	-	-	-	-	-	29	29	16

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
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	2027	2028
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	2027	2028
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	2027	2028
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.