Norfolk Southern stock: Wells Fargo raises target to USD 385.00

Published on 10/20/2026 at 15:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 11.58 percent to USD 3.47 billion. Norfolk Southern stock costs EUR 290.35 on October 20, 2026 at USD 73.4 billion value.

Analyst target and earnings date

Wells Fargo raised its Norfolk Southern target from USD 365.00 to USD 385.00 on October 6, 2026.
Second-quarter 2026 revenue increased 11.58 percent to USD 3.47 billion.
Norfolk Southern stock costs EUR 290.35 at Lang & Schwarz on October 20, 2026 at 3:36 p.m. CEST.
Third-quarter 2026 results are scheduled for October 22, 2026, before the market opens.

Isometrische 3D-Illustration eines Intermodal-Frachtterminals mit Containern und Zügen — Norfolk Southern Corp. (US6558441084): isometrische 3D-Illustration eines Intermodal-Terminals mit Containern und Güterzügen, Illustration mit AI erstellt.

Norfolk Southern (ISIN US6558441084) saw Wells Fargo raise its price target from USD 365.00 to USD 385.00 on October 6, 2026, while maintaining its Buy rating, according to Markets Insider. The new target stood 17.80 percent above the USD 326.83 NYSE quote at 9:48 a.m. ET on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 290.35 on October 20, 2026 at 3:36 p.m. CEST.

Revenue grew in the second quarter

Norfolk Southern reported USD 3.47 billion in revenue for the second quarter of 2026, up 11.58 percent from USD 3.11 billion in the same quarter of 2025. Net income was USD 734.00 million, down 4.43 percent from USD 768.00 million a year earlier, according to Markets Insider. The revenue increase and profit decline show why the next report matters beyond the headline sales figure.

Stock remains below its yearly high

The primary-market quote of USD 326.83 on the NYSE at 9:48 a.m. ET on October 20, 2026 placed Norfolk Southern between its USD 277.80 52-week low and USD 358.60 52-week high. The current quote was 8.87 percent below the high and 17.64 percent above the low. Market capitalization stood at USD 73.4 billion, while the trailing price-to-earnings ratio was 27.87.

What date comes next?

Norfolk Southern is scheduled to release third-quarter 2026 results before the market opens on October 22, 2026, with an earnings call at 10:00 a.m. ET, according to MarketBeat. The report will provide the next comparison with the USD 3.47 billion revenue and USD 734.00 million net income reported for the second quarter.

Railroad peers provide a market check

Union Pacific traded at USD 289.45 on October 20, 2026 at 9:48 a.m. ET, up 0.85 percent, with a market capitalization of USD 172.0 billion and a price-to-earnings ratio of 23.47. CSX traded at USD 48.13 at the same time, up 0.52 percent, with a market capitalization of USD 89.2 billion and a price-to-earnings ratio of 27.83. Norfolk Southern's USD 73.4 billion valuation is smaller than both rail peers, while its price-to-earnings ratio is higher than Union Pacific's and close to CSX's.

Target reset frames the next report

Wells Fargo's USD 385.00 target and the October 22 reporting date give investors two concrete markers for assessing the railroad's next operating update. The USD 73.4 billion market value and 27.87 price-to-earnings ratio place the revenue growth figure alongside a valuation that remains above Union Pacific's multiple.

The stock was trading at EUR 290.35 at Lang & Schwarz on October 20, 2026 at 3:36 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Norfolk Southern stock.