Norfolk Southern (NSC) Stock Forecast, Price Target & Predictions

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NSC Stock Forecast

Norfolk Southern stock forecast is as follows: an average price target of $280.08 (represents a 7.84% upside from NSC’s last price of $259.71) 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 $280.08 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 7.84% upside from NSC's last price of $259.71.

NSC Analyst Ratings

Buy

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%), 7 'Hold' (25.93%), 0 'Sell' (0.00%), 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
Oct 23, 2024	Ric Paterson	Loop Capital Markets	$287.00	$260.43	10.20%	10.51%
Oct 23, 2024	Bascome Majors	Susquehanna	$285.00	$260.43	9.43%	9.74%
Oct 23, 2024	Walter Spracklin	RBC Capital	$282.00	$260.43	8.28%	8.58%
Oct 23, 2024	Christian Wetherbee	Wells Fargo	$280.00	$260.43	7.51%	7.81%
Oct 23, 2024	Thomas Wadewitz	UBS	$309.00	$260.43	18.65%	18.98%
Oct 22, 2024	Stephanie Moore	Jefferies	$285.00	$260.43	9.43%	9.74%
Oct 22, 2024	Brandon Oglenski	Barclays	$290.00	$260.43	11.35%	11.66%
Oct 22, 2024	Ariel Rosa	Citigroup	$302.00	$261.62	15.43%	16.28%
Oct 22, 2024	Emily Nasseff Mitsch	CFRA	$248.00	$261.46	-5.15%	-4.51%
Sep 12, 2024	Brandon Oglenski	Barclays	$275.00	$253.77	8.37%	5.89%

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The latest Norfolk Southern stock forecast, released on Oct 23, 2024 by Ric Paterson from Loop Capital Markets, set a price target of $287.00, which represents a 10.20% increase from the stock price at the time of the forecast ($260.43), and a 10.51% increase from NSC last price ($259.71).

Norfolk Southern Price Target by Period

	1M	3M	12M
# Anlaysts	9	10	27
Avg Price Target	$285.33	$284.30	$269.59
Last Closing Price	$259.71	$259.71	$259.71
Upside/Downside	9.86%	9.47%	3.80%

In the current month, the average price target of Norfolk Southern stock is $285.33, according to 9 Wall Street analysts offering twelve months forecast. The average price target represents a 9.86% increase as opposed to Norfolk Southern's last price of $259.71. This month's average price target is up 0.36% compared to last quarter, and up 5.84% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 23, 2024	Cowen & Co.	Hold	Hold	Hold
Oct 23, 2024	Loop Capital Markets	Buy	Buy	Hold
Oct 23, 2024	Susquehanna	Neutral	Neutral	Hold
Oct 23, 2024	Benchmark	Buy	Buy	Hold
Oct 23, 2024	RBC Capital	Outperform	Outperform	Hold
Oct 23, 2024	Wells Fargo	Overweight	Overweight	Hold
Oct 23, 2024	UBS	Buy	Buy	Hold
Oct 22, 2024	Goldman Sachs	Buy	Buy	Hold
Oct 22, 2024	Barclays	Overweight	Overweight	Hold
Oct 22, 2024	Citigroup	Buy	Buy	Hold

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Norfolk Southern's last stock rating was published by Cowen & Co. on Oct 23, 2024. The company gave NSC a "Hold" 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	Jun 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	$3.25B	$2.92B	$2.85B	$2.85B	$2.80B	$2.64B	$2.57B	$2.51B
Avg Forecast	$3.62B	$3.58B	$3.47B	$3.35B	$3.38B	$3.37B	$3.33B	$3.25B	$3.22B	$3.20B	$3.16B	$3.08B	$3.06B	$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	$3.70B	$3.66B	$3.55B	$3.42B	$3.45B	$3.44B	$3.40B	$3.32B	$3.28B	$3.27B	$3.23B	$3.13B	$3.10B	$3.09B	$3.04B	$3.03B	$3.13B	$3.01B	$3.15B	$3.17B	$3.27B	$3.23B	$3.13B	$2.83B	$2.82B	$2.75B	$2.75B	$2.62B	$2.55B	$2.50B
Low Forecast	$3.53B	$3.49B	$3.39B	$3.26B	$3.30B	$3.29B	$3.25B	$3.17B	$3.14B	$3.12B	$3.09B	$3.01B	$3.00B	$3.09B	$3.04B	$3.00B	$3.06B	$2.87B	$3.01B	$3.03B	$3.13B	$3.23B	$3.13B	$2.83B	$2.82B	$2.75B	$2.75B	$2.62B	$2.55B	$2.50B
# Analysts	5	4	5	4	5	4	5	4	4	3	4	8	11	5	3	3	6	18	15	9	10	16	8	10	9	9	13	9	9	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	-	0.97%	1.01%	1.01%	1.03%	1.04%	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 $3.00B, and a high forecast of $3.03B. 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	5	4	5	4	5	4	5	4	4	3	4	8	11	5	3	3	6	18	15	9	10	16	8	10	9	9	13	9	9	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-122.00M	-	$1.37B	$1.48B	$1.22B	$1.63B	$1.63B	$1.43B	$1.45B	$1.45B	$1.50B	$1.31B	$1.31B	$1.17B
Avg Forecast	$1.71B	$1.69B	$1.64B	$1.58B	$1.60B	$1.60B	$1.57B	$1.54B	$1.52B	$1.51B	$1.50B	$1.46B	$1.45B	$1.46B	$1.44B	$1.67B	$1.46B	$1.39B	$1.46B	$1.51B	$1.55B	$1.40B	$1.35B	$1.38B	$1.22B	$1.19B	$1.19B	$1.25B	$1.10B	$1.08B
High Forecast	$1.75B	$1.73B	$1.68B	$1.62B	$1.63B	$1.63B	$1.61B	$1.57B	$1.55B	$1.55B	$1.53B	$1.48B	$1.47B	$1.46B	$1.44B	$2.00B	$1.48B	$1.43B	$1.49B	$1.82B	$1.86B	$1.40B	$1.35B	$1.65B	$1.22B	$1.19B	$1.19B	$1.50B	$1.10B	$1.08B
Low Forecast	$1.67B	$1.65B	$1.60B	$1.54B	$1.56B	$1.56B	$1.54B	$1.50B	$1.48B	$1.48B	$1.46B	$1.42B	$1.42B	$1.46B	$1.44B	$1.33B	$1.45B	$1.36B	$1.42B	$1.21B	$1.24B	$1.40B	$1.35B	$1.10B	$1.22B	$1.19B	$1.19B	$1.00B	$1.10B	$1.08B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.08%	-	0.94%	0.97%	0.78%	1.17%	1.20%	1.04%	1.18%	1.22%	1.26%	1.05%	1.19%	1.08%

18 analysts predict NSC's average Quarter EBITDA for Sep 23 to be $1.39B, with a high of $1.43B and a low of $1.36B. This is 1.65% upper 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	5	4	5	4	5	4	5	4	4	3	4	8	11	5	3	3	6	18	15	9	10	16	8	10	9	9	13	9	9	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$527.00M	-	$356.00M	$466.00M	$790.00M	$958.00M	$819.00M	$703.00M	$760.00M	$753.00M	$819.00M	$673.00M	$671.00M	$569.00M
Avg Forecast	$992.91M	$979.43M	$920.41M	$830.17M	$925.75M	$926.90M	$892.75M	$788.29M	$802.21M	$809.94M	$781.16M	$684.99M	$688.03M	$703.72M	$648.22M	$847.72M	$649.96M	$608.34M	$703.69M	$770.65M	$814.00M	$814.46M	$785.14M	$700.59M	$687.75M	$658.74M	$673.27M	$641.20M	$562.14M	$539.46M
High Forecast	$1.02B	$1.01B	$945.98M	$853.23M	$951.47M	$952.65M	$917.55M	$810.19M	$824.50M	$832.45M	$802.86M	$739.61M	$733.74M	$706.43M	$648.23M	$1.02B	$679.10M	$662.61M	$723.24M	$924.78M	$976.80M	$814.46M	$785.14M	$840.71M	$687.75M	$658.74M	$673.27M	$769.45M	$562.14M	$539.46M
Low Forecast	$961.82M	$948.77M	$891.59M	$804.18M	$896.76M	$897.88M	$864.80M	$763.61M	$777.09M	$784.58M	$756.70M	$630.38M	$635.45M	$701.01M	$648.21M	$678.17M	$629.79M	$563.11M	$681.66M	$616.52M	$651.20M	$814.46M	$785.14M	$560.47M	$687.75M	$658.74M	$673.27M	$512.96M	$562.14M	$539.46M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.81%	-	0.51%	0.60%	0.97%	1.18%	1.04%	1.00%	1.11%	1.14%	1.22%	1.05%	1.19%	1.05%

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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	5	4	5	4	5	4	5	4	4	3	4	8	11	5	3	3	6	18	15	9	10	16	8	10	9	9	13	9	9	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$-16.89M	$-16.71M	$-16.21M	$-15.61M	$-15.78M	$-15.73M	$-15.53M	$-15.16M	$-15.00M	$-14.94M	$-14.77M	$-14.36M	$-14.28M	$-14.40M	$-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	$-16.48M	$-16.31M	$-15.82M	$-15.24M	$-15.40M	$-15.36M	$-15.15M	$-14.80M	$-14.64M	$-14.58M	$-14.41M	$-14.03M	$-14.00M	$-14.40M	$-14.18M	$-14.01M	$-14.27M	$-13.37M	$-14.03M	$-14.13M	$-14.60M	$-15.09M	$-14.61M	$-13.21M	$-13.18M	$-12.84M	$-12.83M	$-12.25M	$-11.91M	$-11.68M
Low Forecast	$-17.25M	$-17.07M	$-16.55M	$-15.95M	$-16.12M	$-16.07M	$-15.86M	$-15.48M	$-15.33M	$-15.26M	$-15.08M	$-14.59M	$-14.47M	$-14.40M	$-14.18M	$-14.16M	$-14.59M	$-14.06M	$-14.68M	$-14.79M	$-15.28M	$-15.09M	$-14.61M	$-13.21M	$-13.18M	$-12.84M	$-12.83M	$-12.25M	$-11.91M	$-11.68M
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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	5	4	5	4	5	4	5	4	4	3	4	8	11	5	3	3	6	18	15	9	10	16	8	10	9	9	13	9	9	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.32	-	$1.56	$2.05	$3.46	$4.11	$3.46	$2.94	$3.16	$3.07	$3.29	$2.67	$2.66	$2.23
Avg Forecast	$4.38	$4.32	$4.06	$3.67	$4.09	$4.09	$3.94	$3.48	$3.54	$3.58	$3.45	$3.02	$3.04	$3.11	$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	$4.51	$4.44	$4.18	$3.77	$4.20	$4.21	$4.05	$3.58	$3.64	$3.68	$3.54	$3.27	$3.24	$3.12	$2.86	$2.56	$3.00	$2.93	$3.19	$3.23	$3.53	$3.60	$3.47	$2.92	$3.04	$2.91	$2.97	$2.55	$2.48	$2.38
Low Forecast	$4.25	$4.19	$3.94	$3.55	$3.96	$3.96	$3.82	$3.37	$3.43	$3.46	$3.34	$2.78	$2.81	$3.09	$2.86	$2.49	$2.78	$2.49	$3.01	$3.05	$3.33	$3.60	$3.47	$2.92	$3.04	$2.91	$2.97	$2.55	$2.48	$2.38
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.81%	-	0.50%	0.65%	1.01%	1.14%	1.00%	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 $2.49 and a high estimate of $2.56. 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
CNI	Canadian National Railway Company	$106.71	$128.71	20.62%	Buy
CP	Canadian Pacific Railway	$73.78	$87.93	19.18%	Buy
CSX	CSX	$34.60	$38.04	9.94%	Buy
NSC	Norfolk Southern	$259.71	$280.08	7.84%	Buy
UNP	Union Pacific	$233.29	$250.12	7.21%	Buy
GBX	Greenbrier Companies	$64.63	$56.00	-13.35%	Buy
TRN	Trinity Industries	$37.98	$32.00	-15.75%	Buy
WAB	Westinghouse Air Brake	$196.12	$163.50	-16.63%	Buy
FSTR	L.B. Foster Company	$25.71	$21.00	-18.32%	Hold

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 $280.08 with a range of $175 to $330, implying a 7.84% from its last price of $259.71. 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 7.84% (from the last price of $259.71 to the average price target of $280.08), up by 27.06% based on the highest stock price target, and down by -32.62% based on the lowest stock price target.

Can Norfolk Southern stock reach $400?

NSC's average twelve months analyst stock price target of $280.08 does not support the claim that Norfolk Southern can reach $400 in the near future.

What is Norfolk Southern's current price target trend?

9 Wall Street analysts forecast a $285.33 price target for Norfolk Southern (NSC) this month, up 9.86% from its last price of $259.71. Compared to the last 3 and 12 months, the average price target increased by 9.47% and increased by 3.80%, respectively.

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 $13.33B (high $13.61B, low $13.01B), average EBITDA is $6.31B (high $6.44B, low $6.15B), average net income is $3.53B (high $3.63B, low $3.42B), average SG&A $-62.203M (high $-60.705M, low $-63.533M), and average EPS is $15.6 (high $16.03, low $15.11). NSC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $14.02B (high $14.32B, low $13.68B), average EBITDA is $6.63B (high $6.77B, low $6.47B), average net income is $3.72B (high $3.83B, low $3.61B), average SG&A $-65.42M (high $-63.844M, low $-66.818M), and average EPS is $16.44 (high $16.89, low $15.92).

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 $5.82B by -51.05%. The company's net income was $1.83B, missing the average estimation of $2.73B by -33.14%. 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 $1.46B by -108.36%. Norfolk Southern's net income was $527M, missing the average estimation of $649.96M by -18.92%. 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%