Citigroup Issues Pessimistic Forecast for CSX (NASDAQ:CSX) Stock Price

CSX (NASDAQ:CSX) had its target price decreased by analysts at Citigroup from $42.00 to $41.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. Citigroup’s price objective points to a potential upside of 10.93% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Evercore ISI decreased their price objective on shares of CSX from $41.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday. Jefferies Financial Group set a $42.00 target price on CSX and gave the stock a “buy” rating in a research report on Friday, October 17th. Morgan Stanley set a $30.00 price target on shares of CSX and gave the stock an “equal weight” rating in a report on Monday, December 8th. UBS Group set a $45.00 price objective on shares of CSX and gave the company a “buy” rating in a report on Friday, October 17th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CSX in a research report on Monday, December 29th. Seventeen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, CSX has a consensus rating of “Moderate Buy” and an average price target of $39.04.

CSX Trading Up 3.3%

CSX traded up $1.18 on Friday, hitting $36.96. The company had a trading volume of 14,723,473 shares, compared to its average volume of 15,768,073. The company has a market cap of $68.83 billion, a PE ratio of 24.16, a PEG ratio of 2.86 and a beta of 1.30. CSX has a 12-month low of $26.22 and a 12-month high of $37.55. The business’s fifty day simple moving average is $35.86 and its 200 day simple moving average is $35.09. The company has a quick ratio of 0.71, a current ratio of 0.85 and a debt-to-equity ratio of 1.45.

CSX (NASDAQ:CSX) last released its earnings results on Thursday, January 22nd. The transportation company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). CSX had a net margin of 20.55% and a return on equity of 24.95%. 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 firm posted $0.42 EPS. The business’s revenue for the quarter was down .9% compared to the same quarter last year. Equities research analysts expect that CSX will post 1.83 EPS for the current year.

Hedge Funds Weigh In On CSX

A number of large investors have recently added to or reduced their stakes in CSX. Sound Income Strategies LLC raised its position in shares of CSX by 26.1% in the 4th quarter. Sound Income Strategies LLC now owns 9,688 shares of the transportation company’s stock valued at $351,000 after purchasing an additional 2,005 shares during the last quarter. SOA Wealth Advisors LLC. grew its position in CSX by 26.0% during the 4th quarter. SOA Wealth Advisors LLC. now owns 111,914 shares of the transportation company’s stock worth $4,057,000 after purchasing an additional 23,072 shares during the last quarter. Augustine Asset Management Inc. increased its stake in CSX by 4.6% during the 4th quarter. Augustine Asset Management Inc. now owns 74,345 shares of the transportation company’s stock valued at $2,695,000 after purchasing an additional 3,279 shares in the last quarter. Gleason Group Inc. raised 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 buying an additional 425 shares during the last quarter. Finally, Trust Point Inc. raised its holdings in shares of CSX by 50.9% in the fourth quarter. Trust Point Inc. now owns 10,057 shares of the transportation company’s stock worth $365,000 after buying an additional 3,392 shares during the last quarter. 73.57% of the stock is currently owned by institutional investors.

Key CSX News

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Management emphasized cost initiatives and intermodal growth in its Q4 presentation, framing the 2026 outlook as supported by network actions and pricing — a bullish signal for future margin recovery. CSX Q4 Deep Dive
• Positive Sentiment: Operating cash flow improved materially (reported up ~30% YoY to about $1.4B), which investors often view as high-quality earnings and supports buybacks/capex. QuiverQuant Q4 Summary
• Positive Sentiment: Insider buying: CEO Stephen Angel purchased shares (reported), which can boost investor confidence in management’s view of the stock. QuiverQuant Insider Trades
• Neutral Sentiment: Evercore ISI trimmed its price target modestly (from $41 to $40) but maintained an “outperform” rating — a mixed signal that still leaves some analyst upside. Evercore price target note
• Neutral Sentiment: Broader market moves (futures and index action) also influenced trading in CSX as investors digested earnings in a mixed tape. Market futures summary
• Negative Sentiment: Q4 results missed consensus: EPS $0.39 (below the ~$0.41–$0.42 estimates) and revenue ~$3.51B vs. ~3.59B expected; merchandise and export coal weakness trimmed top line. These misses are near-term headwinds for the share price. Zacks earnings report
• Negative Sentiment: Several analysts have reduced forecasts after the weak quarter — some cuts are significant enough to pressure sentiment and near-term price targets. Benzinga on analyst cuts
• Negative Sentiment: Legal risk: a federal judge allowed CSX’s trespass claims to continue against a fiber-optics company, which could mean ongoing legal costs or liabilities. Law.com legal note

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.