Jacksonville, Florida-based CSX Corporation (CSX) provides rail-based freight transportation services in the United States and Canada. Valued at a market cap of $93.5 billion, the company operates through two segments: Rail and Trucking, and offers rail services, transportation of intermodal containers and trailers, and other transportation services.
CSX stock has rallied the broader market over the past year, surging 41.6% compared to the S&P 500 Index’s ($SPX) 10.5% surge. Moreover, in 2026, the stock has grown by nearly 39.9%, outperforming the SPX’s 10.6% rise.
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Focusing on its industry benchmark, the State Street Industrials Select Sector SPDR ETF (XLI) has risen 11% over the past year, underperforming the stock. In 2026, XLI has grown 10.4% and has also lagged behind the stock.
www.barchart.com On Oct. 22, CSX stock grew 6.8% following the release of its better-than-expected Q3 2026 earnings. The company’s revenue for the quarter rose 12% from the prior year’s quarter to $4 billion and surpassed the Street’s estimates. Moreover, its adjusted EPS came in at $0.57, also topping the consensus estimates. The company also reported growth in both its operating margin and free cash flow margin, indicating growing profitability.
For the current year, which ends in December, analysts expect CSX’s EPS to rise 26.7% to $2.04 on a diluted basis. The company surpassed the consensus estimate in three of the last four quarters, while missing on one occasion.
Among the 25 analysts covering CSX stock, the consensus is a “Moderate Buy.” That’s based on 15 “Strong Buy” ratings, two “Moderate Buys,” seven “Holds,” and one “Strong Sell.”
www.barchart.com The configuration has remained unchanged over the past months.
On Oct. 31, Wells Fargo analyst Christian Wetherbee maintained a “Buy” rating on CSX stock and set a price target of $54.
CSX’s mean price target of $54.36 indicates a 7.2% premium over the current market price. Its Street-high target of $60 implies a robust 18.3% upside from current levels.
On the date of publication, Aritra Gangopadhyay did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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