CSX Corporation Stock Receives Mixed Analyst Ratings Amid Strong Earnings
CSX Corporation (NYSE: CSX) has outperformed the broader market in recent years, with its stock rising nearly 40% so far in 2026 compared to a 6.9% gain for the S&P 500 Index ($SPX). The company reported better-than-expected Q2 earnings on July 23, posting revenue of $3.9 billion and an operating margin of 38.3%, up from 35.9% in the same quarter last year. Analysts remain cautiously optimistic about CSX stock despite a slight shift toward less bullish sentiment over the past month. Of the 25 analysts covering the stock, there are currently 15 'Strong Buy' ratings, two 'Moderate Buys,' seven 'Holds,' and one 'Strong Sell.' Deutsche Bank analyst Richa Harnain recently raised its price target from $40 to $59 on July 24. The mean price target of $53.48 suggests a potential upside of about 5.4% over the current market price. For fiscal year 2026, analysts expect CSX's earnings per share (EPS) to rise by 23%, reaching $1.98 on a diluted basis.
Topics: CSX Corporation rail transportation stock performance Wall Street analysts