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 $357.44. The average 1-year stock price forecast is 9.70% higher than the current stock price, while the lowest is $297 (-8.85%) and the highest is $400 (+22.77%).

Price Target: $357.44 (+9.70%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$297	$357.44	$352.5	$400
Change	-8.85%	+9.70%	+8.19%	+22.77%

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	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	4	4	4	4	4	4
Buy	1	1	1	1	1	1
Hold	15	15	16	16	16	16
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	21	21	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christian Wetherbee Wells Fargo	Wells Fargo	Buy Maintains $385	Buy	Maintains	$385	+18.16%	Oct 30, 2026
Christopher Stathoulopoulos Susquehanna	Susquehanna	Hold Maintains $350	Hold	Maintains	$350	+7.42%	Oct 28, 2026
Thomas Wadewitz UBS	UBS	Hold Maintains $363	Hold	Maintains	$363	+11.41%	Oct 26, 2026
Jason Seidl TD Cowen	TD Cowen	Buy Reiterates $376 → $379	Buy	Reiterates	$376 → $379	+16.32%	Oct 23, 2026
David Vernon Bernstein	Bernstein	Buy Maintains $396	Buy	Maintains	$396	+21.54%	Oct 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

13.45B

from 12.18B

10.42%

from 12.18B

Revenue Next Year

14.17B

from 13.45B

5.33%

from 13.45B

EPS This Year

13.03

from 12.49

4.35%

from 12.49

EPS Next Year

14.51

from 13.03

11.34%

from 13.03

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	13.45B
Revenue Growth	13.82%	14.39%	-4.62%	-0.27%	0.47%	10.42%
Operating Income	4.55B	4.81B	3.97B	4.58B	4.20B	4.46B
Net Income	3.01B	3.27B	1.83B	2.62B	2.87B	2.78B
EPS	-	-	-	-	12.49	13.03
EPS Growth	-	-	-	-	5.40%	4.35%
Forward PE	22.29	17.49	19.00	17.97	22.95	25.00
Dividend / Share	4.16	4.96	5.40	5.40	5.40	5.42
Dividend Growth	10.64%	19.23%	8.87%	-	-	0.38%
Free Cash Flow	-	-	-	-	2.16B	2.11B
No. Analysts	-	-	-	-	-	20

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	13.5B
Avg	13.4B
Low	13.2B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	11.1%
Avg	10.4%
Low	8.1%

EPS Forecast

Chart

EPS	2026	2027	2028
High	13.23
Avg	13.03
Low	12.72

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	5.9%
Avg	4.4%
Low	1.8%