B of A Securities Raises CSX Price Target to $57
Key Points
- B of A Securities reiterated its Buy rating on CSX Corporation on October 22, 2026, while raising its price target to $57.00 from $55.00.
- B of A Securities's $57 price target implies 17.77% upside from CSX Corporation's ($CSX) current $48.40 share price.
- Adams Diversified Equity Fund boosted its stake in the railroad operator by 39,000 shares to end with 516,000 shares worth about $24.0 million.
- CSX Corporation closed at $51.56 on October 22, 2026, as analysts across Wall Street adjusted their forecasts following recent quarterly data.
Get CSX text alerts
We text you when insiders, Congress, analysts or big funds move on $CSX.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated CSX Corporation alert may contain errors. Disclosures
B of A Securities reiterated its Buy rating on CSX Corporation on October 22, 2026, while raising its price target to $57.00 from $55.00. The note follows a flurry of fresh research updates from major Wall Street firms regarding the Jacksonville, Florida-based railroad operator. CSX Corporation closed at $51.56 on October 22, 2026.
CSX
CSX Corporation
B of A Securities vs. the S&P 500
Hypothetical returns from B of A Securities's disclosed trades, not real profit or advice. How we model this.
B of A Securities' Call on CSX Corporation
On October 22, 2026, B of A Securities maintained its Buy rating on CSX Corporation while lifting its price target to $57.00 from $55.00. Analysts across the financial sector continue to update their models for the freight transporter as operating trends unfold.
Other Institutional Activity in CSX Corporation
Institutional investors have been adjusting their portfolios around the railroad operator. Adams Diversified Equity Fund grew its holdings by 39,000 shares, ending with 516,000 shares worth about $24.0 million in a report filed on October 21, 2026. Fisher Asset Management, LLC held a much larger stake, owning 28,042,636 shares valued at roughly $1.45 billion as of June 30, 2026.
CSX Corporation Stock Holds Steady
CSX Corporation recently traded around $48.40 as of October 22, 2026, down about 6.1% from its event-day close of $51.56.
$CSX price target
CSX Corporation daily closes and this analyst's $57 target. Not advice.
Recent Earnings
CSX Corporation reported trailing twelve-month revenue of $14.51 billion and diluted earnings of $1.92 per share.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
11 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 9.2%. Revenue missed estimates by 1.2%.
-
Profit surprise
EBITDA beat by 7 percent. Operating income beat by 11 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
1 downgrade, 11 target raises.
-
Earnings quality
Gross margin up 17.5 points. Operating margin up 5.6 points. Positive free cash flow.
Earnings Call Summary
CSX had a strong first quarter with revenue up 2 percent and costs down 6 percent, driving 26 percent EPS growth to 43 cents. Management highlighted over 100 productivity initiatives underway, cutting 7 percent off the vehicle fleet, improving fuel efficiency to a record 0.97 gallons per thousand ton miles, and launching new services. The Howard Street Tunnel bridge completion in the next week will unlock double-stack rail capacity for the East-West corridor and add new market connections.
Guidance CSX raised full year revenue guidance to mid-single-digit growth from low single digits, driven mainly by higher fuel prices starting in the second quarter. The company expects operating margin to expand 200 to 300 basis points, now trending toward the high end. Free cash flow should grow more than 60 percent versus 2025.
Good report. The company beat and showed some forward improvement, with a few meaningful caveats.
Dividend
CSX Corporation pays an annual dividend of $0.56 per share, providing a dividend yield of 1.16%.
Insider Buying and Selling at CSX Corporation
Company insiders executed several transactions prior to the autumn updates. Chief Financial Officer Kevin S Boone sold 136,708 shares on June 3, 2026, at an average price of $46.70 for a total value of $6,384,264. Director John J Zillmer sold 10,000 shares on June 3, 2026, at $46.45 per share. Later, on July 24, 2026, officer Angela C Williams sold 30,000 shares at $53.29, while officer Michael S. Burns sold 13,000 shares at $52.68.
Analysts Set New Price Targets
Wall Street firms updated their targets alongside B of A Securities. On October 7, 2026, Citigroup maintained its Neutral rating while trimming its target to $53.00 from $54.00. On October 22, 2026, RBC Capital maintained an Outperform rating and raised its target to $54.00 from $53.00. TD Cowen maintained a Buy rating on October 22, 2026, lifting its target to $55.00 from $54.00, and JP Morgan maintained its Overweight rating while boosting its target to $58.00 from $57.00. Overall, the stock carries a consensus Buy rating from 23 analysts.
About CSX Corporation
CSX Corporation operates a major rail-based freight network across parts of the United States and Canada. The company hauls intermodal containers, trailers, and bulk commodities, connecting key industrial markets through its extensive rail and trucking operations.
Bottom Line
Investors will look toward the company's next earnings report scheduled for January 28, 2027, for further details on freight volumes and margins.
Related Filing Alerts
Source: B of A Securities's rating change on $CSX (Oct 22, 2026). Written by software, not financial advice. How we make alerts