CSX stock gains 1.91 percent as Susquehanna cuts target

Published on 10/04/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CSX stock stood at USD 47.43 on October 2, 2026, while Susquehanna set a USD 55 target. Q2 revenue reached USD 3.94 billion, up 10.1 percent.

Fotorealistischer Güterzug von CSX Corp. in grüner Berglandschaft bei Abenddämmerung — CSX Corp. Güterzug durchfährt waldreiche Hügellandschaft im östlichen USA, ISIN US1264081035 Schienenverkehr, Illustration mit AI erstellt.

CSX Corporation (ISIN US1264081035) stock was last at USD 47.43 on Nasdaq on October 2, 2026, up 1.91 percent from the prior close. Susquehanna lowered its price target from USD 59 to USD 55 while keeping a Positive rating, giving the latest market move a clear analyst backdrop.

Susquehanna lowers its target

According to Markets Insider on October 2, 2026, Susquehanna cut its CSX target from USD 59 to USD 55 and retained a Positive rating. The firm pointed to rail volume performance and pricing potential into 2027, while saying the valuation gave limited credit to those factors.

The USD 55 target lies 16.0 percent above the October 2 price of USD 47.43. That gap is meaningful, but the target itself moved lower, making the direction of the analyst signal more cautious than the rating label alone suggests.

Q2 revenue sets the operating base

CSX reported Q2 2026 revenue of USD 3.94 billion, up 10.1 percent from the same quarter a year earlier, according to MarketBeat. Diluted EPS was USD 0.54 against a USD 0.52 consensus estimate, while the prior-year quarter produced USD 0.44 per share.

The operating figures show why the upcoming report matters. CSX generated USD 1.51 billion in operating income and a 38.0 percent operating margin in Q2 2026, while operating income increased 17 percent year over year, based on the quarter's financial data.

October earnings date is set

CSX will release its Q3 2026 financial and operating results after the market close on October 21, 2026, followed by a conference call at 4:30 p.m. ET, according to CSX Corporation. The release will test whether the Q2 combination of revenue growth, higher volume and wider operating margin continued into the next quarter.

CSX stock remains below its yearly high

CSX stock was last at USD 47.43 on Nasdaq on October 2, 2026, with a 52-week range of USD 33.63 to USD 53.60. The price was 11.5 percent below the 52-week high, while market capitalization stood at USD 87.9 billion and volume reached 10,691,604 shares.