Citigroup Cuts CSX (NASDAQ:CSX) Price Target to $41.00

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

A number of other equities analysts have also weighed in on the company. Morgan Stanley set a $30.00 target price on CSX and gave the stock an “equal weight” rating in a research report on Monday, December 8th. UBS Group set a $45.00 price target on shares of CSX and gave the stock a “buy” rating in a research note on Friday, October 17th. Wolfe Research lowered their price objective on shares of CSX from $43.00 to $42.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Barclays restated an “overweight” rating on shares of CSX in a report on Monday, October 20th. Finally, Susquehanna reiterated a “neutral” rating and set a $39.00 target price on shares of CSX in a research note on Friday. Seventeen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.04.

CSX Stock Up 3.3%

NASDAQ CSX traded up $1.18 during mid-day trading on Friday, reaching $36.96. The stock had a trading volume of 14,723,473 shares, compared to its average volume of 15,768,073. CSX has a 1 year low of $26.22 and a 1 year high of $37.55. The stock has a market cap of $68.83 billion, a PE ratio of 24.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.30. The company has a fifty day moving average price of $35.86 and a 200 day moving average price of $35.09. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.85 and a quick ratio of 0.71.

CSX (NASDAQ:CSX) last issued its earnings results on Thursday, January 22nd. The transportation company reported $0.39 EPS 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 business had revenue of $3.51 billion for the quarter, compared to analysts’ expectations of $3.59 billion. During the same quarter in the prior year, the business posted $0.42 earnings per share. The business’s revenue for the quarter was down .9% on a year-over-year basis. On average, research analysts expect that CSX will post 1.83 earnings per share for the current year.

Hedge Funds Weigh In On CSX

Large investors have recently added to or reduced their stakes in the company. Allstate Corp bought a new position in CSX in the 3rd quarter worth approximately $2,363,000. Crestwood Advisors Group LLC bought a new position in shares of CSX during the 2nd quarter valued at about $237,000. City Holding Co. grew its position in shares of CSX by 91.8% during the third quarter. City Holding Co. now owns 47,821 shares of the transportation company’s stock valued at $1,698,000 after purchasing an additional 22,883 shares in the last quarter. Arkadios Wealth Advisors grew its position in shares of CSX by 83.4% during the second quarter. Arkadios Wealth Advisors now owns 48,182 shares of the transportation company’s stock valued at $1,572,000 after purchasing an additional 21,906 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of CSX by 89.0% in the second quarter. Farther Finance Advisors LLC now owns 26,745 shares of the transportation company’s stock worth $873,000 after purchasing an additional 12,591 shares during the last quarter. Hedge funds and other institutional investors own 73.57% of the company’s stock.

Key Stories Impacting CSX

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.