Norfolk Southern Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Norfolk Southern stock have an average target of 258.65, with a low estimate of 175 and a high estimate of 300. The average target predicts an increase of 13.47% from the current stock price of 227.95.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$175	$258.65	$270	$300
Change	-23.23%	+13.47%	+18.45%	+31.61%

Analyst Ratings

The average analyst rating for NSC stock from 17 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	4	5	7	7	6	6
Buy	7	6	6	5	6	6
Hold	8	6	6	4	4	4
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	20	18	20	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Benjamin Nolan Stifel	Stifel	Hold Maintains $241 → $239	Hold	Maintains	$241 → $239	+4.85%	Jul 17, 2024
David Vernon Bernstein	Bernstein	Buy Maintains $288 → $285	Buy	Maintains	$288 → $285	+25.03%	Jul 8, 2024
Ravi Shanker Morgan Stanley	Morgan Stanley	Sell Initiates $175	Sell	Initiates	$175	-23.23%	Jul 8, 2024
Christian Wetherbee Wells Fargo	Wells Fargo	Buy Maintains $270 → $260	Buy	Maintains	$270 → $260	+14.06%	Jun 25, 2024
Bascome Majors Susquehanna	Susquehanna	Hold Maintains $265 → $245	Hold	Maintains	$265 → $245	+7.48%	Jun 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.53B

from 12.16B

3.05%

from 12.16B

Revenue Next Year

13.17B

from 12.53B

5.16%

from 12.53B

EPS This Year

11.94

from 8.02

48.91%

from 8.02

EPS Next Year

13.98

from 11.94

17.02%

from 11.94

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	11.30B	9.79B	11.14B	12.75B	12.16B	12.53B	13.17B	13.77B	14.60B	15.36B
Revenue Growth	-1.41%	-13.34%	13.82%	14.39%	-4.62%	3.05%	5.16%	4.51%	6.05%	5.22%
EPS	10.25	7.84	12.11	13.88	8.02	11.94	13.98	15.95	17.40	18.96
EPS Growth	7.78%	-23.51%	54.46%	14.62%	-42.22%	48.91%	17.02%	14.12%	9.12%	8.98%
Forward PE	-	-	-	-	-	19.09	16.31	14.29	13.10	12.02
No. Analysts	-	-	-	-	-	27	27	14	4	4

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.2B	14.2B	14.8B	15.6B	16.5B
Avg	12.5B	13.2B	13.8B	14.6B	15.4B
Low	11.9B	12.4B	12.9B	13.7B	14.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	8.7%	13.5%	12.3%	13.5%	13.3%
Avg	3.1%	5.2%	4.5%	6.1%	5.2%
Low	-1.8%	-1.4%	-2.2%	-0.3%	-2.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	12.73	15.48	18.43	18.63	20.99
Avg	11.94	13.98	15.95	17.40	18.96
Low	11.27	12.94	14.14	16.24	17.20

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	58.7%	29.6%	31.9%	16.8%	20.6%
Avg	48.9%	17.0%	14.1%	9.1%	9.0%
Low	40.5%	8.3%	1.2%	1.8%	-1.2%

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.