Norfolk Southern (NYSE:NSC) Price Target Raised to $335.00 at Citigroup

Key Points

• Citigroup raised its price target on Norfolk Southern to $335 from $313, implying roughly a 4.7% upside from the current share price.
• Norfolk Southern beat Q1 EPS expectations with $2.65 (vs. $2.49 est.) but missed on revenue at $3.0 billion, and management cited rising fuel and other costs that pressured margins.
• The sell‑side view is mixed: the consensus rating is Hold with a $315.61 consensus price target, as analysts have issued both upward and downward revisions (seven Buys, sixteen Holds).

Norfolk Southern (NYSE:NSC - Get Free Report) had its target price hoisted by equities researchers at Citigroup from $313.00 to $335.00 in a report issued on Friday,MarketScreener reports. Citigroup's price objective points to a potential upside of 4.66% from the company's current price.

Other equities analysts also recently issued research reports about the company. Barclays dropped their price target on Norfolk Southern from $340.00 to $320.00 and set an "overweight" rating on the stock in a research report on Friday, January 30th. Robert W. Baird increased their price objective on shares of Norfolk Southern from $288.00 to $315.00 and gave the stock a "neutral" rating in a research note on Friday, March 6th. Royal Bank Of Canada reduced their price target on Norfolk Southern from $320.00 to $310.00 and set a "sector perform" rating for the company in a research report on Thursday, March 26th. Jefferies Financial Group decreased their price objective on shares of Norfolk Southern from $350.00 to $310.00 and set a "hold" rating on the stock in a report on Monday, April 6th. Finally, Sanford C. Bernstein dropped their price target on Norfolk Southern from $322.00 to $313.00 and set an "outperform" rating for the company in a research report on Tuesday, March 31st. Seven investment analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $315.61.

Norfolk Southern Stock Down 0.4%

NSC stock opened at $320.08 on Friday. Norfolk Southern has a twelve month low of $218.05 and a twelve month high of $323.37. The company has a quick ratio of 0.78, a current ratio of 0.85 and a debt-to-equity ratio of 1.06. The stock has a 50-day simple moving average of $299.61 and a two-hundred day simple moving average of $293.74. The firm has a market capitalization of $78.37 billion, a PE ratio of 25.10, a PEG ratio of 5.92 and a beta of 1.31.

Norfolk Southern (NYSE:NSC - Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The railroad operator reported $2.65 EPS for the quarter, topping analysts' consensus estimates of $2.49 by $0.16. Norfolk Southern had a return on equity of 18.78% and a net margin of 23.59%.The company had revenue of $3 billion for the quarter, compared to analysts' expectations of $3.13 billion. During the same period in the previous year, the firm earned $2.69 EPS. The firm's revenue was up .2% compared to the same quarter last year. On average, equities analysts predict that Norfolk Southern will post 12.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Park Place Capital Corp lifted its position in Norfolk Southern by 13,000.0% in the 3rd quarter. Park Place Capital Corp now owns 3,668 shares of the railroad operator's stock worth $1,102,000 after buying an additional 3,640 shares in the last quarter. Cullen Capital Management LLC raised its stake in Norfolk Southern by 31.8% during the third quarter. Cullen Capital Management LLC now owns 121,351 shares of the railroad operator's stock worth $36,455,000 after acquiring an additional 29,264 shares in the last quarter. Markel Group Inc. lifted its holdings in shares of Norfolk Southern by 8.5% during the third quarter. Markel Group Inc. now owns 256,500 shares of the railroad operator's stock valued at $77,055,000 after acquiring an additional 20,000 shares during the period. Picton Mahoney Asset Management acquired a new stake in shares of Norfolk Southern in the 3rd quarter valued at $24,033,000. Finally, AlphaQuest LLC bought a new stake in shares of Norfolk Southern in the 3rd quarter worth about $2,165,000. Institutional investors and hedge funds own 75.10% of the company's stock.

Trending Headlines about Norfolk Southern

Here are the key news stories impacting Norfolk Southern this week:

• Positive Sentiment: TD Cowen reiterated a Buy, citing cost discipline, productivity gains and improving intermodal trends that support longer‑term revenue and margin recovery. Norfolk Southern: Cost Discipline, Productivity Gains, and Improving Intermodal Trends Support Buy Rating
• Positive Sentiment: Norfolk Southern beat some sell‑side estimates (Zacks consensus) on Q1 earnings per share, showing operational resilience despite a tougher cost backdrop. Norfolk Southern (NSC) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company declared a $1.35 quarterly dividend, supporting total shareholder return and income investors. Norfolk Southern Declares Quarterly Dividend
• Neutral Sentiment: Susquehanna raised its price target to $330 but kept a Neutral rating, signaling modest upside recognition without a conviction upgrade. Susquehanna adjusts price target on Norfolk Southern to $330 from $305; maintains neutral rating
• Neutral Sentiment: Company materials and the earnings‑call transcript provide operational detail (operating ratio, segment trends and slide deck) investors can use to model recovery timing. Norfolk Southern Corporation (NSC) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Fuel costs and other expense increases materially pressured profit; Reuters/Benzinga coverage notes first‑quarter profit slipped as fuel and incident/merger costs rose, creating near‑term margin headwinds. Norfolk Southern Is Managing 'Dramatic Rise In Fuel' Cost
• Negative Sentiment: Results were mixed versus the broader Street: revenue was essentially flat year‑over‑year and NSC missed some consensus figures, which helps explain intraday downward pressure despite selective beats. Norfolk Southern first-quarter profit slips as fuel and costs rise

About Norfolk Southern

Norfolk Southern Corporation is a major U.S. freight railroad company that provides rail transportation and related logistics services. As a Class I carrier, the company operates an extensive network across the eastern United States and offers scheduled freight service for a broad range of industries. Its core operations include long-haul and regional rail freight transportation, intermodal services that move containers and trailers between rail and other modes, and terminal and switching services that support efficient rail shipments for industrial and port customers.

The company transports a variety of commodities, serving sectors such as coal and energy, automotive and automotive parts, chemicals, agriculture, metals and construction materials, and consumer goods.

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