JPMorgan cuts target for Norfolk Southern stock to USD 318

Published on 10/16/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Norfolk Southern stock costs EUR 290.00 on October 16, 2026, 0.90 percent above the Xetra close. Results are due October 22, 2026 before market open.

Targets, results and market value

JPMorgan lowered its Norfolk Southern target from USD 338.00 to USD 318.00 on October 5, 2026.
Second-quarter 2026 revenue reached USD 3.5 billion and net income was USD 734.0 million.
Norfolk Southern stock trades at EUR 290.00 at 10:38 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.90 percent above the Xetra close of October 15, 2026.

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Norfolk Southern (US6558441084) stock was trading at EUR 290.00 at Lang & Schwarz on October 16, 2026 at 10:38 a.m. CEST, 0.90 percent above the Xetra close of October 15, 2026 at EUR 287.40. JPMorgan lowered its price target for the railroad from USD 338.00 to USD 318.00 on October 5, 2026, according to Markets Insider.

Target cuts set the tone

The lower JPMorgan target gives the latest analyst signal a more cautious valuation frame ahead of Norfolk Southern's third-quarter report. The note retained a Neutral rating and cited updated estimates for the transportation group, while pointing to rising labor and hiring costs as a challenge.

The sequence of recent updates shows how expectations have shifted. On October 2, Susquehanna cut its target from USD 386.00 to USD 350.00 and kept a Neutral rating, as reported by Markets Insider. On October 5, JPMorgan lowered its target to USD 318.00, and on October 7, Citi cut its target from USD 376.00 to USD 347.00, according to MarketBeat.

What will results reveal?

The next test is the third quarter. Norfolk Southern reported USD 3.5 billion of revenue and USD 734.0 million of net income for the second quarter ended June 30, 2026. Revenue increased 12.5 percent from USD 3.1 billion in the year-earlier quarter, while net income declined from USD 768.0 million, according to MarketBeat's summary of the latest earnings release.

For the coming quarter, the consensus cited by Yahoo Finance calls for earnings of USD 3.51 per share and revenue of USD 3.47 billion. That revenue estimate would represent 11.7 percent growth from the comparable period, leaving execution and cost control as the immediate measures for investors.

Next reporting date

Norfolk Southern is scheduled to release third-quarter 2026 results before the market opens on October 22, 2026, followed by a conference call at 10:00 a.m. ET, according to the company's Norfolk Southern release.

Price stays near the middle

The primary-market reference shows a USD 277.80 to USD 358.60 52-week range as of October 15, 2026, with market capitalization at USD 73.0 billion. The current euro quote sits between those levels only as a separate currency view, so the analyst targets and the NYSE quotation should be read in USD.

Norfolk Southern was trading at EUR 290.00 at Lang & Schwarz on October 16, 2026 at 10:38 a.m. CEST, 0.90 percent above the Xetra close of October 15, 2026 at EUR 287.40. The further course of trading is shown by the continuously updated real-time quote of Norfolk Southern stock.