Norfolk Southern Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Norfolk Southern stock has a consensus rating of "Hold" and an average price target of $363.72. The average 1-year stock price forecast is 8.92% higher than the current stock price, while the lowest is $297 (-11.06%) and the highest is $414 (+23.98%).

Price Target: $363.72 (+8.92%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$297	$363.72	$361.5	$414
Change	-11.06%	+8.92%	+8.26%	+23.98%

Analyst Ratings

The average analyst rating for Norfolk Southern stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	4	4	4	4	4	4
Buy	1	1	1	1	1	1
Hold	18	18	16	15	15	16
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	23	23	21	20	20	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Ossenbeck J.P. Morgan	J.P. Morgan	Hold Maintains $338	Hold	Maintains	$338	+1.22%	Jul 29, 2026
Fadi Chamoun BMO Capital	BMO Capital	Hold Maintains $355	Hold	Maintains	$355	+6.31%	Jul 27, 2026
Daniel Moore CFA Robert W. Baird	Robert W. Baird	Hold Maintains $360 → $377	Hold	Maintains	$360 → $377	+12.90%	Jul 27, 2026
Thomas Wadewitz UBS	UBS	Hold Maintains $341 → $363	Hold	Maintains	$341 → $363	+8.71%	Jul 24, 2026
Walter Spracklin RBC Capital	RBC Capital	Hold Maintains $320 → $360	Hold	Maintains	$320 → $360	+7.81%	Jul 24, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

13.20B

from 12.18B

8.37%

from 12.18B

Revenue Next Year

13.73B

from 13.20B

4.03%

from 13.20B

EPS This Year

12.98

from 12.49

3.93%

from 12.49

EPS Next Year

14.26

from 12.98

9.89%

from 12.98

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	11.14B	12.75B	12.16B	12.12B	12.18B	13.20B
Revenue Growth	13.82%	14.39%	-4.62%	-0.27%	0.47%	8.37%
Operating Income	4.55B	4.81B	3.97B	4.58B	4.20B	4.45B
Net Income	3.01B	3.27B	1.83B	2.62B	2.87B	2.77B
EPS	-	-	-	-	12.49	12.98
EPS Growth	-	-	-	-	5.40%	3.93%
Forward PE	22.29	17.49	19.00	17.97	22.95	25.72
Dividend / Share	4.16	4.96	5.40	5.40	5.40	5.42
Dividend Growth	-	19.23%	8.87%	-	-	0.33%
Free Cash Flow	2.47B	1.64B	1.54B	268.50M	1.45B	2.35B
No. Analysts	-	-	-	-	-	19

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	13.4B
Avg	13.2B
Low	12.9B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	10.1%
Avg	8.4%
Low	5.8%

EPS Forecast

Chart

EPS	2026	2027	2028
High	13.26
Avg	12.98
Low	12.58

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	6.2%
Avg	3.9%
Low	0.7%