Evercore ISI Lowers CSX (NASDAQ:CSX) Price Target to $40.00

CSX (NASDAQ:CSX) had its price target decreased by investment analysts at Evercore ISI from $41.00 to $40.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the transportation company’s stock. Evercore ISI’s price objective would suggest a potential upside of 11.79% from the stock’s previous close.

Other research analysts have also issued reports about the company. Wall Street Zen upgraded CSX from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of CSX in a report on Monday, December 29th. Robert W. Baird set a $40.00 target price on shares of CSX and gave the company an “outperform” rating in a research report on Monday, October 20th. Morgan Stanley set a $30.00 price target on shares of CSX and gave the stock an “equal weight” rating in a research report on Monday, December 8th. Finally, Wells Fargo & Company upgraded shares of CSX from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $37.00 to $40.00 in a report on Thursday, September 25th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, CSX presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.04.

CSX Price Performance

Shares of CSX stock opened at $35.78 on Friday. CSX has a 52 week low of $26.22 and a 52 week high of $37.54. The stock has a market capitalization of $66.63 billion, a PE ratio of 23.39, a PEG ratio of 2.86 and a beta of 1.30. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.71 and a current ratio of 0.85. The stock’s fifty day moving average is $35.86 and its 200-day moving average is $35.09.

CSX (NASDAQ:CSX) last issued its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). CSX had a return on equity of 24.95% and a net margin of 20.55%.The company had revenue of $3.51 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same period in the prior year, the company earned $0.42 EPS. The firm’s revenue was down .9% compared to the same quarter last year. Equities research analysts expect that CSX will post 1.83 EPS for the current fiscal year.

Institutional Investors Weigh In On CSX

Several hedge funds have recently bought and sold shares of CSX. Kingswood Wealth Advisors LLC grew its holdings in shares of CSX by 4.1% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 8,324 shares of the transportation company’s stock valued at $296,000 after buying an additional 331 shares during the period. Moloney Securities Asset Management LLC lifted its holdings in CSX by 2.7% during the third quarter. Moloney Securities Asset Management LLC now owns 13,048 shares of the transportation company’s stock worth $463,000 after acquiring an additional 339 shares in the last quarter. Stock Yards Bank & Trust Co. grew its stake in CSX by 0.9% in the second quarter. Stock Yards Bank & Trust Co. now owns 45,558 shares of the transportation company’s stock valued at $1,487,000 after acquiring an additional 400 shares during the period. Gleason Group Inc. increased its holdings in shares of CSX by 19.1% in the fourth quarter. Gleason Group Inc. now owns 2,646 shares of the transportation company’s stock worth $96,000 after acquiring an additional 425 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S raised its position in shares of CSX by 0.7% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 74,920 shares of the transportation company’s stock worth $2,660,000 after purchasing an additional 510 shares during the period. 73.57% of the stock is currently owned by institutional investors and hedge funds.

More CSX News

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Management highlighted cost initiatives and continued intermodal growth in its 2026 outlook, which investors viewed as supportive of margin recovery and longer‑term growth — this helped limit downside from the Q4 miss. CSX Q4 Deep Dive
• Positive Sentiment: Shares climbed in after‑hours trading despite the miss because the company emphasized cost savings, intermodal pricing/volume gains and improved operating cash flow, shifting focus to forward momentum. CSX Stock Climbs Despite Missing Q4
• Positive Sentiment: Operating cash flow rose materially in the quarter, and management increased capex — evidence of strong cash generation and investment in network capacity, which investors often view positively for long‑term service and pricing power. Quiver Quant Earnings Summary
• Neutral Sentiment: Company press release disclosed a ~$50M severance/technology rationalization charge (about $0.02 EPS impact) — a one‑time headwind but also part of cost‑reduction steps being highlighted by management. CSX Press Release
• Neutral Sentiment: Macro market action was muted (futures slightly down) and broad indices were mixed; that backdrop likely contributed to limited volatility in CSX despite earnings noise. Benzinga Market Summary
• Negative Sentiment: Top‑line weakness: revenue declined ~0.9% YoY and gross profit fell, driven by softer industrial demand and lower export coal volumes — these are ongoing demand risks for freight carriers. WSJ: Profit, Revenue Fall
• Negative Sentiment: News coverage and analyst notes emphasize the EPS/revenue misses and weaker merchandise/coal volumes; that creates short‑term pressure until management can show consistent margin improvement. Yahoo: Sales Below Estimates
• Negative Sentiment: Legal overhang: a federal judge allowed CSX’s trespass claims against a fiber‑optics company to proceed, which could mean added litigation risk/costs depending on outcome. Law.com: Trespass Claims

About CSX

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.