NYSE: NSC

Norfolk Southern (NSC) Stock Analysis & Forecast

Nov 4 close

$344.14+3.19 (+0.9%)

Gekko Brief

AI summaryNov 4 close

Norfolk Southern's week centers on its new partnership with Schneider National, under which the company becomes Schneider's primary East Coast rail provider starting 1 January 2027, alongside the opening of the Gainesville Inland Port. Coverage has also raised valuation questions following these moves, and the company is implementing temporary routing changes at its Sharonville intermodal facility for grading and paving work. Separately, shares approach a November 6 dividend record date for a quarterly cash distribution of $1.35 per share, extending the dividend history to 177 consecutive quarters, while Tuesday's session saw shares fall to $340.95, underperforming broader indexes.

NSC closed at $344.14, up 0.9%, sitting above both its 50-day ($325.88) and 200-day ($315.95) moving averages, with the shorter average above the longer one. The GekkoIndex reads 50.1, placing the stock in the Neutral zone. Price stands 23.3% above Gekko Fair Value of $279.2, a notable gap. One-month return is 8.8%, and the one-year return is 22%.

The next earnings date falls on 28 January 2027, 84 days out, beyond a typical 20-trading-day hold. Smart-money activity over the last 90 days shows 1 Congress buy and 0 sales, alongside a billionaire holder and a trailblazer holder. Seasonality for this point in the calendar shows the next 20 trading days averaging a 6.9% return over 5 years, rising in 4 of them. Analyst consensus among 9 firms stands at 4 buy, 5 hold, 0 sell, with a consensus target of $360.61.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Norfolk Southern price vs fair value

$344.14$279.20Nov ’25May ’26Nov ’26
Close $344.14200-day averageGekko Fair Value $279.20

Norfolk Southern quick facts

Market cap
$77.30B
P/E ratio
29
Forward P/E
24.2
EPS, TTM
$11.93
Revenue, TTM
$12.96B
Profit margin
20.7%
Dividend yield
1.58%
Beta
1.18
Volume
1.41M avg 802,347
1-year return
+22.0%
Typical daily move
±2%
Typical 20-day move
±4.9%
50-day average
$325.88
200-day average
$315.95
Next earnings
Jan 28
Shares outstanding
224.6M
52-week range
$277.80$358.60

Norfolk Southern swing-trade checklist

Norfolk Southern scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $344.14 is above the 50-day ($325.88) and 200-day ($315.95) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    50.1, Neutral

    Reading 50.1 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    23.3% above

    Price is 23.3% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 1 buy / 0 sales.

    See smart money
  • Earnings risksupportive

    Reports in 84 days

    Next report Jan 28, 2027, 84 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +6.9% on average

    From this point in the calendar, the next 20 trading days averaged +6.9% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Norfolk Southern stock chart and price history

Norfolk Southern closed at $344.14 on Nov 4, 2026, +22.0% over the past year, inside a 52-week range of $277.80 to $358.60.

Close50-day average200-day averageVolume
Norfolk Southern share price, past year, with 50-day and 200-day moving averages and volume$260$280$300$320DecJan 2026FebMarAprMayJunJulAugSepOct344.14

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+8.8%
3 months
+0.5%
6 months
+8.5%
1 year
+22.0%
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About Norfolk Southern

Norfolk Southern moves freight by rail across the United States, carrying everything from raw materials to finished goods for businesses that need cargo shipped over land. Its trains haul agricultural products such as grains, animal feed, and processed foods, along with lumber, paper, and a wide array of chemicals including plastics, sulfur, and petroleum-based compounds. The railroad also transports metals, construction materials, heavy equipment, motor vehicles and their parts, and coal, making it a carrier for a broad mix of industrial and consumer supply chains.

Beyond hauling freight point to point, Norfolk Southern links inland shippers to overseas markets by connecting with ports along the Atlantic and Gulf coasts. It also runs an intermodal network that combines rail with other transport modes, and it provides passenger rail service for commuters. Its rail lines stretch across roughly 19,300 route miles, reaching 22 states plus the District of Columbia, which places its customer base largely among manufacturers, agricultural producers, and other shippers throughout that region.

The company was incorporated in 1980 and is headquartered in Atlanta, Georgia. Its shares are listed on the NYSE under the ticker NSC.

Listed
NYSE
Sector
Transportation
Industry
Railroads
Website
norfolksouthern.com

Norfolk Southern GekkoIndex: the smart money zone

Norfolk Southern’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 50.1, in the Neutral zone, up 0.9 points over five sessions.

010050.1Neutral

Up 0.9 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying31+0.2%+1.0%+3.9%+7.1%
Accumulation213+0.1%+0.5%+2.2%+4.2%
Neutral (current zone)403+0.5%+0.8%+0.6%+1.5%
Distribution49−0.4%−0.8%−1.6%+0.2%
Selling1Too few readings yet

Average NSC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the NSC price, zone by zone.Track NSC in Gekko

Is Norfolk Southern stock overvalued? Gekko Fair Value

Norfolk Southern trades 23.3% above Gekko Fair Value of $279.20, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Norfolk Southern shares are worth, recalculated every trading day.

$279.20

Gekko Fair Value, Nov 4, 2026

23.3% Overvalued

At the end of Aug 2026 the price was 30.7% above the estimate.

Gekko Fair ValueShare price, month end
$279$341Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open NSC in Gekko

Norfolk Southern insider and Congress trading

No open-market insider purchases were filed for Norfolk Southern, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for NSC in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every NSC insider filing, plotted on the chart in Gekko.Open NSC in Gekko

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Ro Khanna
House, CA, purchase
Purchase$1,001 - $15,000Oct 9
traded Sep 4

From congressional disclosures, which report amounts as ranges.

Buybacks

Norfolk Southern has been buying back its own shares.

Bought back, quarter ended Sep 30, 2026
$11.00M
As a share of market cap
0.01%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold NSC.

2added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Norfolk Southern earnings: next date and track record

Norfolk Southern reports on Jan 28, 2027 (84 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±2.9%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+3.6%Oct ’24+1.9%Jan ’25+3.0%Apr ’25−2.6%Jul ’25−2.8%Oct ’25+2.4%Jan ’26−0.8%Apr ’26+6.0%Jul ’26

Last earnings call, Jul 23, 2026 AI summary

What they said
Norfolk Southern reported a strong Q2 2026 with volume and revenue growth driven by energy, intermodal, and industrial products. Management highlighted record revenue ex-fuel, 4% volume growth, and 7% net income and EPS growth. Operationally, the company acknowledged network pressure from higher volumes and winter disruptions but reported recent acceleration in July and improvements in originations, velocity, terminal performance and safety metrics. Financially, adjusted operating ratio was 65.5%, operating income rose ~5%, and adjusted EPS was $3.52. Management updated full-year operating expense guidance to $8.8–$8.9 billion to reflect an incremental $400–$500 million fuel cost increase; CapEx remains about $1.9 billion. Management expressed cautious optimism about sustained demand (domestic intermodal, chemicals, coal) but flagged fuel and inflation as key headwinds. Q&A tone was confident and constructive with management asserting progress on service recovery and pricing opportunities from tighter truck markets.
Guidance
Updated 2026 operating expense outlook: $8.8B–$8.9B (previously $8.2B–$8.4B) reflecting ~$400–$500M incremental fuel expense. CapEx guidance unchanged at approx. $1.9B. Adjusted operating ratio for the quarter: 65.5%. Adjusted EPS: $3.52. Management expects a sequential margin benefit from fuel in Q3 and believes they can outperform normal seasonality by up to ~100 bps; noted a ~4% wage increase effective in July that will temper some benefit.
Risks flagged
Sustained higher fuel prices that could depress end-demand; inflationary pressures (compensation, purchased services, materials); wage increases (approx. 4% effective July) impacting margins; merger-related uncertainty and prior business loss/recovery dynamics; operational headwinds from absorbing higher volumes and winter disruptions; Eastern Ohio incident and merger-related expenses (disclosed $15M and $51M respectively).
ReportedEPSSurpriseRevenueSurpriseMove
Jul 23, 2026$3.29
est $3.23
+1.9%$3.50B
est $3.38B
+3.6%+6.0%
Apr 24, 2026$2.65
est $2.49
+6.4%$3.00B
est $3.00B
+0.1%−0.8%
Jan 29, 2026$3.22
est $2.76
+16.7%$2.97B
est $3.00B
−0.9%+2.4%
Oct 23, 2025$3.30
est $3.19
+3.4%$3.10B
est $3.11B
−0.3%−2.8%
Jul 29, 2025$3.29
est $3.31
−0.6%$3.11B
est $3.13B
−0.6%−2.6%
Apr 23, 2025$2.69
est $2.66
+1.1%$2.99B
est $2.97B
+0.7%+3.0%
Jan 29, 2025$3.04
est $2.94
+3.4%$3.02B
est $3.01B
+0.3%+1.9%
Oct 22, 2024$3.25
est $3.11
+4.5%$3.05B
est $3.09B
−1.1%+3.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Norfolk Southern stock forecast and analyst price targets

Analysts’ average 12-month price target for Norfolk Southern is $360.61, +4.8% from the last close, from 9 firms rating the stock in the last 90 days.

$360.61consensus 12-month target, +4.8% from the last close
Low $323High $400
Buy4
Hold5
Sell0

Each firm’s latest rating in the last 90 days: 9 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 30Wells FargoBuy, maintained$385+11.9%
Oct 27SusquehannaHold, maintained$350+1.7%
Oct 26UBSHold, maintained$363+5.5%
Oct 23BarclaysBuy, maintained$400+16.2%
Oct 23CitiHold, maintained$349+1.4%
+0.6%average 20-day move after past Neutral readings
+6.9%average move over the next 20 trading days in the last 5 years
±2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Norfolk Southern seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Norfolk Southern averaged +6.9% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

−1.2%2021+5.8%2022+14.7%2023+9.1%2024+3.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.3%4 of 5
Next 10 trading days+3.2%3 of 5
Next 15 trading days+4.7%4 of 5
Next 20 trading days+6.9%4 of 5
Next 30 trading days+5.4%4 of 5

For scale, NSC’s typical 20-trading-day move in either direction is about 4.9%.

Norfolk Southern market cap and key statistics

Norfolk Southern’s market cap is $77.30B, with a P/E ratio of 29 and revenue of $12.96B over the last twelve months.

Valuation

Market cap
$77.30B
P/E ratio
29
Forward P/E
24.2
EPS, TTM
$11.93
Gekko Fair Value
$279.20

Trading

Volume
1.41M
Avg volume, 20 days
802,347
52-week high
$358.60
52-week low
$277.80
Shares outstanding
224.6M

Financials

Revenue, TTM
$12.96B
Profit margin
20.7%
Return on equity
16.8%
Quarterly earnings growth, YoY
+6.7%

Risk and income

Beta
1.18
Typical daily move
±2%
Typical 20-day move
±4.9%
Dividend yield
1.58%

Norfolk Southern peers

Norfolk Southern’s 5 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
UNPUnion Pacific+0.7%Neutral21.2% above
CSXCSX+1.5%Neutral25.1% above
CPCanadian Pacific Kansas City+2.1%Neutral19.2% above
CNICanadian National Railway+0.6%Distribution24.0% above
GATXGATX+0.7%Distribution1.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Norfolk Southern stock FAQ

What is Norfolk Southern’s market cap?

Norfolk Southern’s market cap is $77.30B at the Nov 4, 2026 close of $344.14, with 224.6M shares outstanding. The shares trade on a P/E ratio of 29.

What is the Norfolk Southern stock forecast?

The consensus analyst 12-month price target for Norfolk Southern is $360.61, +4.8% from the last close. Of the 9 firms that rated the stock in the last 90 days, 4 rate it a buy, 5 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Norfolk Southern stock overvalued or undervalued?

On Gekko’s estimate Norfolk Southern is overvalued: the Nov 4, 2026 close of $344.14 is 23.3% above Gekko Fair Value of $279.20. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Norfolk Southern report earnings next?

Norfolk Southern is expected to report on Jan 28, 2027 (84 days away). Analysts expect earnings of $3.26 per share on revenue of $3.48B. Norfolk Southern beat the earnings estimate in 7 of its last 8 reports, moving 2.9% on average across the report.

What is Norfolk Southern’s 52-week high and low?

Norfolk Southern’s 52-week high is $358.60 and its 52-week low is $277.80; it closed at $344.14 on Nov 4, 2026, +22.0% over the past year.

Is Norfolk Southern stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (trend, smart money, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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