CSX stock: Raymond James cuts target from USD 56.00 to USD 53.00
Published on 10/21/2026 at 16:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRaymond James cuts target to USD 53.00
- Raymond James lowered its CSX target from USD 56.00 to USD 53.00 on October 15, 2026.
- Second-quarter revenue reached USD 3.94 billion, up 10.10 percent year over year.
- CSX stock costs EUR 43.06 at Lang & Schwarz on October 21, 2026 at 4:37 p.m. CEST.
- Third-quarter results are scheduled for October 21, 2026, after the market close.
Raymond James analyst Patrick Tyler Brown lowered the firm's CSX price target from USD 56.00 to USD 53.00 on October 15, 2026, while keeping an Outperform rating, Markets Insider reported. The revised target stood 9.80 percent above CSX's USD 48.27 Nasdaq price at 10:48 a.m. EDT on October 21, 2026. At Lang & Schwarz, CSX traded at EUR 43.06 on October 21, 2026 at 4:37 p.m. CEST.
Revenue growth sets the baseline
CSX generated USD 3.94 billion in revenue during the second quarter of 2026, up 10.10 percent from USD 3.58 billion in the second quarter of 2025. Net income reached USD 1.00 billion, compared with USD 694.00 million a year earlier, while diluted earnings per share rose to USD 0.54 from USD 0.37, according to Transcript Daily.
Price position remains measurable
The Nasdaq quote placed CSX at USD 48.27 on October 21, 2026, with a market capitalization of USD 89.4 billion. Its 52-week range ran from USD 33.63 to USD 53.60, leaving the stock 9.94 percent below the high and 43.52 percent above the low. Trading volume reached 1,839,637 shares at 10:48 a.m. EDT.
Results date and valuation
CSX had scheduled its third-quarter 2026 financial and operating results for after the market close on October 21, 2026, followed by a conference call at 4:30 p.m. ET, according to StockTitan. The current Nasdaq price carried a trailing P/E ratio of 27.89 and a dividend yield of 1.00 percent. The figures give investors two separate reference points: the latest operating growth and the valuation assigned before the report.
Stock stays below its yearly high
CSX operates in the Industrials sector and Railroads industry, with freight rail, intermodal and rail-to-truck services across the eastern United States. The company employed 22,200 people and operated a rail network spanning approximately 19,500 route miles, according to its company profile.
Investor view
The reduced Raymond James target leaves a quantified upside reference in US dollars, while the second-quarter figures provide the latest completed operating comparison. The scheduled results date now supplies the next concrete test for revenue growth, earnings and the railroad's valuation.
The further course of trading is shown by the continuously updated real-time quote of CSX stock.
CSX Corporation market facts
- Company: CSX Corporation
- ISIN: US1264081035
- Ticker: CSX
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 21, 2026, 4:37 p.m. CEST): EUR 43.06
- Market capitalization: USD 89.4 billion (as of October 21, 2026)
- 52-week range: USD 33.63-USD 53.60 (as of October 21, 2026)
- Sector / Industry: Industrials / Railroads
Market context: Market report S&P 500.
