Norfolk Southern Corporation (NSC)
NYSE: NSC · IEX Real-Time Price · USD
230.33
-1.14 (-0.49%)
May 20, 2024, 4:00 PM EDT - Market closed
Norfolk Southern Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Norfolk Southern stock have an average target of 259.83, with a low estimate of 175 and a high estimate of 300. The average target predicts an increase of 12.81% from the current stock price of 230.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NSC stock from 18 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 5 | 7 | 7 |
| Buy | 6 | 6 | 7 | 6 | 6 | 5 |
| Hold | 8 | 9 | 8 | 6 | 6 | 5 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 20 | 20 | 18 | 20 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $305 → $275 | Buy | Maintains | $305 → $275 | +19.39% | May 13, 2024 |
| UBS | UBS | Strong Buy Maintains $302 → $294 | Strong Buy | Maintains | $302 → $294 | +27.64% | Apr 25, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $277 | Strong Buy | Reiterates | $277 | +20.26% | Apr 25, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $261 → $270 | Strong Buy | Maintains | $261 → $270 | +17.22% | Apr 18, 2024 |
| Stifel | Stifel | Hold Maintains $233 → $244 | Hold | Maintains | $233 → $244 | +5.93% | Apr 12, 2024 |
Financial Forecast
Revenue This Year
12.66B
from 12.16B
Increased by 4.17%
Revenue Next Year
13.30B
from 12.66B
Increased by 5.05%
EPS This Year
12.10
from 8.02
Increased by 50.92%
EPS Next Year
13.93
from 12.10
Increased by 15.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.4B | 14.4B | 15.0B | 15.6B | 16.5B |
| Avg | 12.7B | 13.3B | 13.8B | 14.6B | 15.4B |
| Low | 12.1B | 12.5B | 12.8B | 13.7B | 14.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9% | 13.5% | 13.0% | 13.0% | 13.3% |
| Avg | 4.2% | 5.1% | 3.9% | 5.7% | 5.2% |
| Low | -0.5% | -1.5% | -3.6% | -0.7% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.13 | 15.48 | 18.43 | 18.63 | 20.99 |
| Avg | 12.10 | 13.93 | 15.93 | 17.28 | 18.96 |
| Low | 11.37 | 12.79 | 14.07 | 16.24 | 17.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 63.7% | 27.9% | 32.3% | 16.9% | 21.4% |
| Avg | 50.9% | 15.1% | 14.4% | 8.5% | 9.7% |
| Low | 41.7% | 5.7% | 1.1% | 1.9% | -0.5% |
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.