BofA raises target for CSX stock from USD 55.00 to USD 57.00

Published on 10/23/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CSX posted USD 4.02 billion in third-quarter revenue, up 12.00 percent year over year. CSX stock costs EUR 46.04 on October 23, 2026 after the results.

Targets and quarterly performance

BofA raised its CSX target from USD 55.00 to USD 57.00 on October 22, 2026.
Third-quarter revenue reached USD 4.02 billion, up 12.00 percent year over year.
CSX stock traded at EUR 46.04 at 10:36 a.m. CEST at Lang & Schwarz on October 23, 2026.

Extreme Nahaufnahme einer rostigen Stahlschiene mit goldener Seitenbeleuchtung und unscharfem Schotterhintergrund — CSX Corp. Makroaufnahme Stahlschiene mit Roststruktur und goldenem Seitenlicht, Eisenbahn ISIN US1264081035, Illustration mit AI erstellt.

CSX Corp. (ISIN US1264081035) posted record third-quarter revenue of USD 4.02 billion, up 12.00 percent year over year, while BofA raised its price target from USD 55.00 to USD 57.00 on October 22, 2026. At Lang & Schwarz, the stock traded at EUR 46.04 on October 23, 2026 at 10:36 a.m. CEST.

Targets follow stronger results

According to Markets Insider, BofA retained its Buy rating and lifted the CSX target from USD 55.00 to USD 57.00 after the railroad increased its full-year revenue-growth outlook. The update followed CSX's third-quarter report dated October 21, 2026.

The target move followed a quarter in which net income reached USD 1.05 billion and diluted earnings per share came to USD 0.57. Operating income rose to USD 1.57 billion, while the operating margin expanded to 39.10 percent, according to CSX Corporation.

What does the outlook mean?

CSX raised its 2026 revenue-growth outlook to the high single digits from a mid-to-high single-digit range. Management also maintained expectations for full-year operating-margin expansion above 350 basis points, capital expenditures below USD 2.40 billion and free-cash-flow growth above 80 percent, as reported in the third-quarter earnings materials.

Volume provided a second operating signal. Total volume rose 5.00 percent to 1.69 million units in the third quarter, while intermodal volume increased 7.00 percent. The company said higher fuel-surcharge revenue, pricing and volume gains across merchandise, intermodal and coal supported the revenue increase.

Stock valuation remains in view

For investors, the combination of higher volume and a wider margin is the central read-through from the October 21 results. The quarter also included a favorable comparison with the prior year, which contained a USD 164 million goodwill impairment; CSX reported adjusted earnings growth of 30.00 percent against that prior-year adjusted base.

CSX Corporation is a railroad operator listed on Nasdaq under the ticker CSX. Its business includes freight rail, intermodal transportation and rail-to-truck services across the eastern United States. The latest structured market figures put market capitalization at USD 95.7 billion as of October 22, 2026, with a 52-week range of USD 33.63 to USD 53.60.

Price stays below the yearly high

The euro indication places the stock below its 52-week high in the primary US quotation, but the currencies and venues are separate reference points. CSX's next market narrative will depend on whether the higher revenue pace and productivity gains continue into the fourth quarter.

CSX stock was trading at EUR 46.04 at Lang & Schwarz on October 23, 2026 at 10:36 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of CSX Corp. stock.