Norfolk Southern (NSC) Stock Forecast, Price Target & Predictions
NSC Stock Forecast
Norfolk Southern stock forecast is as follows: an average price target of $272.52 (represents a 9.00% upside from NSC’s last price of $250.01) and a rating consensus of 'Buy', based on 27 wall street analysts offering a 1-year stock forecast.
NSC Price Target
The average price target for Norfolk Southern (NSC) is $272.52 based on 1-year price targets from 27 Wall Street analysts in the past 3 months, with a price target range of $330.00 to $175.00. This represents a potential 9.00% upside from NSC's last price of $250.01.
NSC Analyst Ratings
According to 27 Wall Street analysts, Norfolk Southern's rating consensus is 'Buy'. The analyst rating breakdown for NSC stock is 0 'Strong Buy' (0.00%), 20 'Buy' (74.07%), 6 'Hold' (22.22%), 1 'Sell' (3.70%), and 0 'Strong Sell' (0.00%).
Norfolk Southern Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Ric Paterson | Loop Capital Markets | $285.00 | $248.44 | 14.72% | 14.00% |
| Jul 26, 2024 | Jordan Alliger | Goldman Sachs | $292.00 | $246.97 | 18.23% | 16.80% |
| Jul 26, 2024 | Walter Spracklin | RBC Capital | $267.00 | $249.67 | 6.94% | 6.80% |
| Jul 08, 2024 | David Vernon | Bernstein | $285.00 | $215.86 | 32.03% | 14.00% |
| Jul 08, 2024 | Ravi Shanker | Morgan Stanley | $175.00 | $215.86 | -18.93% | -30.00% |
| Apr 25, 2024 | Thomas Wadewitz | UBS | $294.00 | $236.22 | 24.46% | 17.60% |
| Apr 12, 2024 | Benjamin Nolan | Stifel Nicolaus | $244.00 | $249.73 | -2.29% | -2.40% |
| Apr 10, 2024 | Walter Spracklin | RBC Capital | $270.00 | $248.77 | 8.53% | 8.00% |
| Apr 08, 2024 | Stephanie Moore | Jefferies | $300.00 | $250.03 | 19.99% | 20.00% |
| Mar 20, 2024 | Thomas Wadewitz | UBS | $302.00 | $261.23 | 15.61% | 20.80% |
The latest Norfolk Southern stock forecast, released on Jul 29, 2024 by Ric Paterson from Loop Capital Markets, set a price target of $285.00, which represents a 14.72% increase from the stock price at the time of the forecast ($248.44), and a 14.00% increase from NSC last price ($250.01).
Norfolk Southern Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 17 |
| Avg Price Target | - | $260.80 | $260.94 |
| Last Closing Price | $250.01 | $250.01 | $250.01 |
| Upside/Downside | -100.00% | 4.32% | 4.37% |
In the current month, the average price target of Norfolk Southern stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Norfolk Southern's last price of $250.01. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Jul 29, 2024 | Benchmark | Buy | Buy | Hold |
| Jul 26, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jul 26, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jul 26, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 26, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 26, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Jul 26, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 08, 2024 | Bernstein | Outperform | Outperform | Hold |
| May 23, 2024 | RBC Capital | Sector Perform | Outperform | Upgrade |
Norfolk Southern's last stock rating was published by Loop Capital Markets on Jul 29, 2024. The company gave NSC a "Buy" rating, the same as its previous rate.
Norfolk Southern Financial Forecast
Norfolk Southern Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.07B | - | $2.98B | $3.13B | $3.24B | $3.34B | - | $2.92B | $2.85B | $2.85B | $2.80B | $2.64B | $2.57B | $2.51B |
| Avg Forecast | $3.69B | $3.73B | $3.66B | $3.49B | $3.44B | $3.44B | $3.40B | $3.30B | $3.28B | $3.24B | $3.21B | $3.14B | $3.13B | $3.09B | $3.04B | $3.02B | $3.09B | $2.94B | $3.08B | $3.10B | $3.21B | $3.23B | $3.13B | $2.83B | $2.82B | $2.75B | $2.75B | $2.62B | $2.55B | $2.50B |
| High Forecast | $3.74B | $3.79B | $3.72B | $3.54B | $3.49B | $3.49B | $3.45B | $3.35B | $3.33B | $3.29B | $3.26B | $3.19B | $3.18B | $3.13B | $3.09B | $3.06B | $3.13B | $3.01B | $3.13B | $3.15B | $3.26B | $3.28B | $3.13B | $2.90B | $2.90B | $2.82B | $2.82B | $2.69B | $2.62B | $2.57B |
| Low Forecast | $3.62B | $3.66B | $3.60B | $3.42B | $3.38B | $3.38B | $3.34B | $3.24B | $3.22B | $3.19B | $3.16B | $3.08B | $3.08B | $3.06B | $2.98B | $2.96B | $3.06B | $2.87B | $3.02B | $3.05B | $3.15B | $3.18B | $3.13B | $2.74B | $2.74B | $2.67B | $2.67B | $2.54B | $2.47B | $2.43B |
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 3 | 6 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 9 | 10 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 0.97% | 1.01% | 1.01% | 1.03% | - | 1.03% | 1.01% | 1.04% | 1.02% | 1.01% | 1.01% | 1.00% |
Norfolk Southern's average Quarter revenue forecast for Mar 24 based on 3 analysts is $3.02B, with a low forecast of $2.96B, and a high forecast of $3.06B. NSC's average Quarter revenue forecast represents a -1.79% decrease compared to the company's last Quarter revenue of $3.07B (Dec 23).
Norfolk Southern EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 3 | 6 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 9 | 10 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-122.00M | - | $1.37B | $1.48B | $1.22B | $1.63B | - | $1.43B | $1.45B | $1.45B | $1.50B | $1.31B | $1.31B | $1.17B |
| Avg Forecast | $1.60B | $1.61B | $1.58B | $1.51B | $1.49B | $1.49B | $1.47B | $1.43B | $1.42B | $1.40B | $1.39B | $1.36B | $1.36B | $1.34B | $1.31B | $1.67B | $1.34B | $1.27B | $1.33B | $1.51B | $1.39B | $1.51B | $1.35B | $1.38B | $1.41B | $1.37B | $1.32B | $1.25B | $1.23B | $1.11B |
| High Forecast | $1.62B | $1.64B | $1.61B | $1.53B | $1.51B | $1.51B | $1.49B | $1.45B | $1.44B | $1.43B | $1.41B | $1.38B | $1.38B | $1.35B | $1.34B | $2.00B | $1.35B | $1.30B | $1.35B | $1.82B | $1.41B | $1.81B | $1.35B | $1.65B | $1.69B | $1.65B | $1.59B | $1.50B | $1.48B | $1.33B |
| Low Forecast | $1.57B | $1.58B | $1.56B | $1.48B | $1.46B | $1.46B | $1.44B | $1.40B | $1.39B | $1.38B | $1.37B | $1.33B | $1.33B | $1.32B | $1.29B | $1.33B | $1.32B | $1.24B | $1.31B | $1.21B | $1.36B | $1.21B | $1.35B | $1.10B | $1.13B | $1.10B | $1.06B | $1.00B | $987.62M | $886.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.09% | - | 1.03% | 0.97% | 0.88% | 1.08% | - | 1.04% | 1.03% | 1.05% | 1.13% | 1.05% | 1.06% | 1.06% |
18 analysts predict NSC's average Quarter EBITDA for Sep 23 to be $1.27B, with a high of $1.30B and a low of $1.24B. This is -7.03% lower than Norfolk Southern's previous annual EBITDA (Jun 23) of $1.37B.
Norfolk Southern Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 3 | 6 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 9 | 10 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $527.00M | - | $356.00M | $466.00M | $790.00M | $958.00M | - | $703.00M | $760.00M | $753.00M | $819.00M | $673.00M | $671.00M | $569.00M |
| Avg Forecast | $1.05B | $1.07B | $1.04B | $915.20M | $917.90M | $915.75M | $884.35M | $801.55M | $814.71M | $802.87M | $787.65M | $698.78M | $713.07M | $696.69M | $647.94M | $847.72M | $649.68M | $608.07M | $703.38M | $770.65M | $778.18M | $785.60M | $784.79M | $700.59M | $740.00M | $714.19M | $724.29M | $641.20M | $630.42M | $537.92M |
| High Forecast | $1.07B | $1.09B | $1.06B | $933.60M | $936.36M | $934.16M | $902.13M | $817.67M | $831.09M | $819.02M | $803.49M | $712.84M | $727.41M | $705.68M | $660.97M | $1.02B | $678.80M | $662.32M | $717.52M | $924.78M | $793.83M | $942.72M | $784.79M | $840.71M | $888.00M | $857.02M | $869.14M | $769.45M | $756.50M | $645.50M |
| Low Forecast | $1.03B | $1.04B | $1.02B | $893.73M | $896.37M | $894.27M | $863.60M | $782.74M | $795.60M | $784.04M | $769.18M | $682.39M | $696.35M | $689.95M | $632.74M | $678.17M | $629.51M | $562.86M | $686.88M | $616.52M | $759.93M | $628.48M | $784.79M | $560.47M | $592.00M | $571.35M | $579.43M | $512.96M | $504.33M | $430.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | - | 0.51% | 0.60% | 1.02% | 1.22% | - | 1.00% | 1.03% | 1.05% | 1.13% | 1.05% | 1.06% | 1.06% |
Norfolk Southern's average Quarter net income forecast for Mar 24 is $847.72M, with a range of $678.17M to $1.02B. NSC's average Quarter net income forecast represents a 60.86% increase compared to the company's last Quarter net income of $527.00M (Dec 23).
Norfolk Southern SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 3 | 6 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 9 | 10 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $-17.21M | $-17.40M | $-17.09M | $-16.27M | $-16.05M | $-16.04M | $-15.86M | $-15.39M | $-15.30M | $-15.14M | $-15.00M | $-14.64M | $-14.63M | $-14.41M | $-14.18M | $-14.08M | $-14.40M | $-13.74M | $-14.37M | $-14.48M | $-14.96M | $-15.09M | $-14.61M | $-13.21M | $-13.18M | $-12.84M | $-12.83M | $-12.25M | $-11.91M | $-11.68M |
| High Forecast | $-16.90M | $-17.09M | $-16.78M | $-15.98M | $-15.76M | $-15.75M | $-15.57M | $-15.11M | $-15.02M | $-14.87M | $-14.73M | $-14.38M | $-14.36M | $-14.27M | $-13.92M | $-13.83M | $-14.27M | $-13.37M | $-14.11M | $-14.22M | $-14.69M | $-14.82M | $-14.61M | $-12.81M | $-12.78M | $-12.45M | $-12.44M | $-11.87M | $-11.54M | $-11.32M |
| Low Forecast | $-17.47M | $-17.67M | $-17.35M | $-16.53M | $-16.30M | $-16.29M | $-16.11M | $-15.62M | $-15.54M | $-15.38M | $-15.23M | $-14.87M | $-14.86M | $-14.59M | $-14.40M | $-14.30M | $-14.59M | $-14.06M | $-14.59M | $-14.70M | $-15.19M | $-15.32M | $-14.61M | $-13.55M | $-13.52M | $-13.17M | $-13.16M | $-12.56M | $-12.22M | $-11.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Norfolk Southern's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to NSC last annual SG&A of $NaN (undefined).
Norfolk Southern EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 3 | 6 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 9 | 10 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.32 | - | $1.56 | $2.05 | $3.46 | $4.11 | - | $2.94 | $3.16 | $3.07 | $3.29 | $2.67 | $2.66 | $2.23 |
| Avg Forecast | $4.64 | $4.72 | $4.61 | $4.04 | $4.05 | $4.04 | $3.91 | $3.54 | $3.60 | $3.55 | $3.48 | $3.09 | $3.15 | $3.08 | $2.86 | $2.53 | $2.87 | $2.69 | $3.11 | $3.15 | $3.44 | $3.60 | $3.47 | $2.92 | $3.04 | $2.91 | $2.97 | $2.55 | $2.48 | $2.38 |
| High Forecast | $4.74 | $4.81 | $4.70 | $4.12 | $4.14 | $4.13 | $3.98 | $3.61 | $3.67 | $3.62 | $3.55 | $3.15 | $3.21 | $3.12 | $2.92 | $2.58 | $3.00 | $2.93 | $3.17 | $3.21 | $3.51 | $3.67 | $3.47 | $3.02 | $3.14 | $3.01 | $3.07 | $2.63 | $2.57 | $2.46 |
| Low Forecast | $4.54 | $4.61 | $4.50 | $3.95 | $3.96 | $3.95 | $3.81 | $3.46 | $3.51 | $3.46 | $3.40 | $3.01 | $3.08 | $3.05 | $2.79 | $2.47 | $2.78 | $2.49 | $3.03 | $3.07 | $3.36 | $3.51 | $3.47 | $2.80 | $2.92 | $2.79 | $2.85 | $2.44 | $2.38 | $2.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | - | 0.50% | 0.65% | 1.01% | 1.14% | - | 1.01% | 1.04% | 1.06% | 1.11% | 1.05% | 1.07% | 0.94% |
According to 3 Wall Street analysts, Norfolk Southern's projected average Quarter EPS for Mar 24 is $2.53, with a low estimate of $2.47 and a high estimate of $2.58. This represents a 8.87% increase compared to NSC previous annual EPS of $2.32 (Dec 23).
Norfolk Southern Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GBX | Greenbrier Companies | $45.91 | $56.00 | 21.98% | Buy |
| FSTR | L.B. Foster Company | $18.50 | $21.00 | 13.51% | Hold |
| CSX | CSX | $33.37 | $37.63 | 12.77% | Buy |
| CNI | Canadian National Railway Company | $115.37 | $129.45 | 12.20% | Buy |
| NSC | Norfolk Southern | $250.01 | $272.52 | 9.00% | Buy |
| CP | Canadian Pacific Railway | $82.85 | $87.53 | 5.65% | Buy |
| UNP | Union Pacific | $249.63 | $246.36 | -1.31% | Buy |
| TRN | Trinity Industries | $31.05 | $30.00 | -3.38% | Buy |
| WAB | Westinghouse Air Brake | $160.87 | $147.20 | -8.50% | Buy |
NSC Forecast FAQ
Is Norfolk Southern a good buy?
Yes, according to 27 Wall Street analysts, Norfolk Southern (NSC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 20 'Buy' recommendations, accounting for 74.07% of NSC's total ratings.
What is NSC's price target?
Norfolk Southern (NSC) average price target is $272.52 with a range of $175 to $330, implying a 9.00% from its last price of $250.01. The data is based on 27 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Norfolk Southern stock go up soon?
According to Wall Street analysts' prediction for NSC stock, the company can go up by 9.00% (from the last price of $250.01 to the average price target of $272.52), up by 31.99% based on the highest stock price target, and down by -30.00% based on the lowest stock price target.
Can Norfolk Southern stock reach $400?
NSC's average twelve months analyst stock price target of $272.52 does not support the claim that Norfolk Southern can reach $400 in the near future.
What are Norfolk Southern's analysts' financial forecasts?
Norfolk Southern's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $13.57B (high $13.78B, low $13.33B), average EBITDA is $5.87B (high $5.96B, low $5.77B), average net income is $3.52B (high $3.59B, low $3.44B), average SG&A $-63.343M (high $-62.2M, low $-64.322M), and average EPS is $15.55 (high $15.86, low $15.18). NSC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $14.56B (high $14.79B, low $14.3B), average EBITDA is $6.3B (high $6.4B, low $6.19B), average net income is $4.08B (high $4.16B, low $3.98B), average SG&A $-67.966M (high $-66.74M, low $-69.018M), and average EPS is $18.01 (high $18.38, low $17.59).
Did the NSC's actual financial results beat the analysts' financial forecasts?
Based on Norfolk Southern's last annual report (Dec 2023), the company's revenue was $12.16B, which missed the average analysts forecast of $12.21B by -0.46%. Apple's EBITDA was $2.85B, missing the average prediction of $5.46B by -47.75%. The company's net income was $1.83B, missing the average estimation of $2.73B by -33.12%. Apple's SG&A was $0, missing the average forecast of $-56.99M by -100.00%. Lastly, the company's EPS was $8.04, missing the average prediction of $11.81 by -31.91%. In terms of the last quarterly report (Dec 2023), Norfolk Southern's revenue was $3.07B, missing the average analysts' forecast of $3.09B by -0.44%. The company's EBITDA was $-122M, missing the average prediction of $1.34B by -109.13%. Norfolk Southern's net income was $527M, missing the average estimation of $649.68M by -18.88%. The company's SG&A was $0, missing the average forecast of $-14.404M by -100.00%. Lastly, the company's EPS was $2.32, missing the average prediction of $2.87 by -19.15%