Norfolk Southern Stock Forecast

Stock Price Forecast

The 20 analysts that cover Norfolk Southern stock have a consensus rating of "Buy" and an average price target of $295.95, which forecasts a 2.50% increase in the stock price over the next year. The lowest target is $247 and the highest is $340.

Price Target: $295.95 (+2.50%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$247	$295.95	$300	$340
Change	-14.45%	+2.50%	+3.90%	+17.76%

Analyst Ratings

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

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	3	3	4	4	3	3
Buy	4	4	3	3	3	3
Hold	12	12	14	14	15	15
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	21	21	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Ossenbeck JP Morgan	JP Morgan	Hold Maintains $303 → $301	Hold	Maintains	$303 → $301	+4.25%	Jan 12, 2026
Ariel Rosa Citigroup	Citigroup	Hold Maintains $307 → $317	Hold	Maintains	$307 → $317	+9.79%	Jan 8, 2026
Brandon Oglenski Barclays	Barclays	Buy Maintains $320 → $340	Buy	Maintains	$320 → $340	+17.76%	Dec 16, 2025
Richa Harnain Deutsche Bank	Deutsche Bank	Strong Buy → Hold Downgrades $354 → $297	Strong Buy → Hold	Downgrades	$354 → $297	+2.86%	Dec 11, 2025
Jason Seidl TD Cowen	TD Cowen	Strong Buy Maintains $320 → $314	Strong Buy	Maintains	$320 → $314	+8.75%	Oct 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

12.37B

from 12.12B

2.00%

from 12.12B

Revenue Next Year

12.74B

from 12.37B

3.06%

from 12.37B

EPS This Year

12.25

from 11.57

5.84%

from 11.57

EPS Next Year

13.05

from 12.25

6.55%

from 12.25

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.79B	11.14B	12.75B	12.16B	12.12B	12.37B	12.74B
Revenue Growth	-13.34%	13.82%	14.39%	-4.62%	-0.27%	2.00%	3.06%
EPS	7.84	12.11	13.88	8.02	11.57	12.25	13.05
EPS Growth	-23.53%	54.55%	14.56%	-42.20%	44.30%	5.84%	6.55%
Forward PE	-	-	-	-	-	23.57	22.12
No. Analysts	-	-	-	-	-	26	26

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

Revenue Forecast

Revenue	2025	2026
High	13.0B	13.4B
Avg	12.4B	12.7B
Low	11.9B	12.2B

Revenue Growth

Revenue Growth	2025	2026
High	7.1%	8.7%
Avg	2.0%	3.1%
Low	-1.6%	-1.7%

EPS Forecast

EPS	2025	2026
High	12.95	14.63
Avg	12.25	13.05
Low	11.61	11.66

EPS Growth

EPS Growth	2025	2026
High	11.9%	19.4%
Avg	5.8%	6.5%
Low	0.3%	-4.8%

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.