Bank of America analyst Ken Hoexter has revised the price target for CSX Corporation (CSX, Financial) to $30, down from the previous target of $33, maintaining a Neutral rating on the stock. This adjustment comes after CSX reported its first-quarter earnings per share (EPS) which missed the firm's projections by $0.01 and fell short of the consensus estimate by $0.03.
The analyst also notes a revised volume outlook for 2025, prompting a reduction in estimated earnings for CSX. The EPS projections for the second quarter, and fiscal years 2025 and 2026 have been decreased by 9%, 7%, and 7%, respectively. These changes reflect a more cautious view on the company's future performance, incorporating both current earnings results and anticipated challenges ahead.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 25 analysts, the average target price for CSX Corp (CSX, Financial) is $33.89 with a high estimate of $38.00 and a low estimate of $27.00. The average target implies an upside of 23.92% from the current price of $27.35. More detailed estimate data can be found on the CSX Corp (CSX) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, CSX Corp's (CSX, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CSX Corp (CSX, Financial) in one year is $35.53, suggesting a upside of 29.91% from the current price of $27.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CSX Corp (CSX) Summary page.
