CSX (NASDAQ:CSX) Price Target Raised to $58.00

Key Points

• JPMorgan raised CSX’s price target to $58 from $57 and maintained an “overweight” rating, implying approximately 13.46% upside. Overall, analysts have a “Moderate Buy” consensus with an average target of $51.21.
• CSX reported strong quarterly results, with revenue up 12% year over year to $4.02 billion and EPS of $0.57, exceeding analyst expectations. Freight volume increased 5%, while intermodal volume rose 7% and operating income climbed 44%.
• Investor sentiment is mixed: institutional investors own 73.57% of the stock, but recent insider transactions involved selling, and Morgan Stanley maintained a “Sell” rating with a $32 price target due to valuation and long-term risks.

CSX (NASDAQ:CSX - Get Free Report) had its target price hoisted by analysts at JPMorgan Chase & Co. from $57.00 to $58.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has an "overweight" rating on the transportation company's stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 13.46% from the company's current price.

Several other brokerages also recently weighed in on CSX. Benchmark restated a "buy" rating and set a $54.00 target price (up from $48.00) on shares of CSX in a research note on Wednesday, July 15th. UBS Group reaffirmed a "buy" rating on shares of CSX in a research report on Thursday. Stephens began coverage on CSX in a research note on Wednesday, July 8th. They issued an "overweight" rating and a $57.00 price target on the stock. Citizens Jmp began coverage on CSX in a report on Wednesday, July 15th. They issued a "market perform" rating for the company. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $59.00 price objective on shares of CSX in a research note on Friday, July 24th. Eighteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $51.21.

CSX Price Performance

Shares of CSX stock opened at $51.12 on Thursday. The company has a market capitalization of $94.70 billion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 2.27 and a beta of 1.21. The firm has a fifty day simple moving average of $48.66 and a 200-day simple moving average of $47.51. The company has a current ratio of 0.82, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. CSX has a twelve month low of $33.63 and a twelve month high of $53.60.

CSX (NASDAQ:CSX - Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.57 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.04. CSX had a net margin of 22.21% and a return on equity of 24.98%. The business had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.96 billion. During the same period last year, the business earned $0.44 EPS. The business's revenue was up 12.0% on a year-over-year basis. Equities research analysts anticipate that CSX will post 1.99 earnings per share for the current fiscal year.

Insider Buying and Selling at CSX

In related news, CAO Angela C. Williams sold 30,000 shares of CSX stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $53.29, for a total value of $1,598,700.00. Following the completion of the transaction, the chief accounting officer directly owned 10,437 shares in the company, valued at approximately $556,187.73. This trade represents a 74.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Michael S. Burns sold 13,000 shares of the business's stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $52.68, for a total value of $684,840.00. Following the completion of the sale, the senior vice president directly owned 59,643 shares of the company's stock, valued at approximately $3,141,993.24. This represents a 17.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Washington Trust Advisors Inc. grew its position in shares of CSX by 7.2% in the 2nd quarter. Washington Trust Advisors Inc. now owns 3,142 shares of the transportation company's stock worth $149,000 after acquiring an additional 211 shares in the last quarter. PFG Private Wealth Management LLC raised its position in shares of CSX by 2.7% during the 3rd quarter. PFG Private Wealth Management LLC now owns 8,309 shares of the transportation company's stock valued at $386,000 after acquiring an additional 217 shares in the last quarter. Kintegral Advisory LLC raised its position in shares of CSX by 0.6% during the 3rd quarter. Kintegral Advisory LLC now owns 40,384 shares of the transportation company's stock valued at $1,878,000 after acquiring an additional 228 shares in the last quarter. Cyndeo Wealth Partners LLC lifted its stake in CSX by 1.9% during the third quarter. Cyndeo Wealth Partners LLC now owns 13,194 shares of the transportation company's stock worth $614,000 after purchasing an additional 244 shares during the last quarter. Finally, Arlington Trust Co LLC lifted its stake in CSX by 58.0% during the second quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company's stock worth $32,000 after purchasing an additional 250 shares during the last quarter. Institutional investors own 73.57% of the company's stock.

Trending Headlines about CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: CSX reported third-quarter revenue of $4.02 billion, up 12% year over year and above the roughly $3.96 billion consensus estimate. Earnings per share rose to $0.57 from $0.44, beating estimates near $0.52-$0.53. CSX Corp. Announces Third Quarter 2026 Results
• Positive Sentiment: Operating income increased 44% to $1.57 billion, while the operating margin expanded to 39.1%. Net earnings reached $1.05 billion, and adjusted year-over-year comparisons still showed solid growth in operating income, net earnings and EPS. CSX Q3 Revenue Hits Record $4.02 Billion
• Positive Sentiment: Total freight volume rose 5%, with intermodal volume up 7% to a record level. CSX also reduced nonfuel costs by 3%, indicating operating leverage and improving efficiency. CSX: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Raymond James lowered its CSX price target from $56 to $53 while maintaining a more favorable valuation outlook than the current Morgan Stanley target.
• Negative Sentiment: Morgan Stanley analyst Ravi Shanker maintained a Sell rating and a $32 price target, citing CSX’s valuation and long-term risks. That target is well below the stock’s recent trading range and could weigh on investor sentiment. CSX Sell Rating Maintained
• Negative Sentiment: CSX eliminated more than 100 management positions, potentially improving costs but also signaling restructuring and pressure to sustain efficiency gains. Reported recent insider activity was entirely selling, another modest sentiment headwind.

About CSX

CSX Corporation is a transportation company whose primary business is freight railroading through its CSX Transportation subsidiary. The company operates an extensive rail network across the eastern United States, serving major industrial centers, population hubs, ports and distribution markets.

CSX transports a broad range of products, including chemicals, agricultural and food products, forest products, minerals, metals, automotive goods and other manufactured merchandise. Its services also include intermodal transportation, which combines rail service with trucks and containers, as well as the movement of coal and other bulk commodities.

The company traces its roots to the formation of CSX Corporation in 1980 through the merger of Chessie System and Seaboard Coast Line Industries.

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