Norfolk Southern Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Norfolk Southern stock have an average target of 297.4, with a low estimate of 247 and a high estimate of 354. The average target predicts an increase of 1.09% from the current stock price of 294.19.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$247	$297.4	$303	$354
Change	-16.04%	+1.09%	+2.99%	+20.33%

* Price targets were last updated on Oct 24, 2025.

Analyst Ratings

The average analyst rating for Norfolk Southern stock from 21 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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	3	3	3	4	4	4
Buy	4	4	4	3	3	3
Hold	12	12	12	14	14	14
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	19	21	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Seidl TD Cowen	TD Cowen	Strong Buy Maintains $320 → $314	Strong Buy	Maintains	$320 → $314	+6.73%	Oct 24, 2025
Ariel Rosa Citigroup	Citigroup	Hold Maintains $316 → $307	Hold	Maintains	$316 → $307	+4.35%	Oct 24, 2025
Thomas Wadewitz UBS	UBS	Strong Buy Maintains $321 → $320	Strong Buy	Maintains	$321 → $320	+8.77%	Oct 24, 2025
Walter Spracklin RBC Capital	RBC Capital	Hold Maintains $320 → $315	Hold	Maintains	$320 → $315	+7.07%	Oct 24, 2025
Fadi Chamoun BMO Capital	BMO Capital	Hold Maintains $285 → $305	Hold	Maintains	$285 → $305	+3.67%	Oct 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

12.38B

from 12.12B

2.11%

from 12.12B

Revenue Next Year

12.78B

from 12.38B

3.26%

from 12.38B

EPS This Year

12.29

from 11.57

6.22%

from 11.57

EPS Next Year

13.26

from 12.29

7.88%

from 12.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.79B	11.14B	12.75B	12.16B	12.12B	12.38B	12.78B
Revenue Growth	-13.34%	13.82%	14.39%	-4.62%	-0.27%	2.11%	3.26%
EPS	7.84	12.11	13.88	8.02	11.57	12.29	13.26
EPS Growth	-23.53%	54.55%	14.56%	-42.20%	44.30%	6.22%	7.88%
Forward PE	-	-	-	-	-	23.93	22.19
No. Analysts	-	-	-	-	-	26	26

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

Revenue Forecast

Revenue	2025	2026
High	13.0B	13.5B
Avg	12.4B	12.8B
Low	11.9B	12.2B

Revenue Growth

Revenue Growth	2025	2026
High	7.1%	9.0%
Avg	2.1%	3.3%
Low	-1.6%	-1.8%

EPS Forecast

EPS	2025	2026
High	12.96	14.63
Avg	12.29	13.26
Low	11.71	11.76

EPS Growth

EPS Growth	2025	2026
High	12.0%	19.0%
Avg	6.2%	7.9%
Low	1.2%	-4.3%

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.