Norfolk Southern Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Norfolk Southern stock have an average target of 259.3, with a low estimate of 175 and a high estimate of 305. The average target predicts an increase of 7.47% from the current stock price of 241.28.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$175	$259.3	$270	$305
Change	-27.47%	+7.47%	+11.90%	+26.41%

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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	4	5	4	4	5	7
Buy	7	6	6	7	6	6
Hold	10	8	9	8	6	6
Sell	0	0	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	21	19	20	20	18	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rick Paterson Loop Capital	Loop Capital	Strong Buy Maintains $261 → $270	Strong Buy	Maintains	$261 → $270	+11.90%	Apr 18, 2024
Benjamin Nolan Stifel	Stifel	Hold Maintains $233 → $244	Hold	Maintains	$233 → $244	+1.13%	Apr 12, 2024
Nathan Martin Benchmark	Benchmark	Strong Buy Maintains $250 → $277	Strong Buy	Maintains	$250 → $277	+14.80%	Apr 10, 2024
Walter Spracklin RBC Capital	RBC Capital	Hold Reiterates $270	Hold	Reiterates	$270	+11.90%	Apr 10, 2024
Bascome Majors Susquehanna	Susquehanna	Hold Maintains $270 → $265	Hold	Maintains	$270 → $265	+9.83%	Apr 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.66B

from 12.16B

4.17%

from 12.16B

Revenue Next Year

13.30B

from 12.66B

5.05%

from 12.66B

EPS This Year

12.10

from 8.02

50.92%

from 8.02

EPS Next Year

13.93

from 12.10

15.05%

from 12.10

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	11.30B	9.79B	11.14B	12.75B	12.16B	12.66B	13.30B	13.82B	14.41B	15.41B
Revenue Growth	-1.41%	-13.34%	13.82%	14.39%	-4.62%	4.17%	5.05%	3.89%	4.23%	6.99%
EPS	10.25	7.84	12.11	13.88	8.02	12.10	13.93	15.93	16.72	17.88
EPS Growth	7.78%	-23.51%	54.46%	14.62%	-42.22%	50.92%	15.05%	14.42%	4.93%	6.93%
No. Analysts	-	-	-	-	-	27	26	12	4	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.4B	14.4B	15.0B	15.4B	16.0B
Avg	12.7B	13.3B	13.8B	14.4B	15.4B
Low	12.1B	12.5B	12.8B	13.7B	15.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.9%	13.5%	13.0%	11.2%	11.2%
Avg	4.2%	5.1%	3.9%	4.2%	7.0%
Low	-0.5%	-1.5%	-3.6%	-1.0%	3.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	13.13	15.48	18.43	17.48	18.59
Avg	12.10	13.93	15.93	16.72	17.88
Low	11.37	12.79	14.07	16.06	17.35

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	63.7%	27.9%	32.3%	9.7%	11.2%
Avg	50.9%	15.1%	14.4%	4.9%	6.9%
Low	41.7%	5.7%	1.1%	0.8%	3.8%

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.