CSX stock: JP Morgan raises target to USD 58 for CSX stock

Published on 10/23/2026 at 15:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CSX posted a 39.10 percent operating margin in the third quarter. CSX stock trades at EUR 45.87 at Lang & Schwarz on October 23, 2026.

Analyst target and operating margin

JP Morgan raised its CSX target from USD 57.00 to USD 58.00 on October 22, 2026.
CSX reported a 39.10 percent operating margin for the third quarter of 2026.
CSX stock traded at EUR 45.87 at Lang & Schwarz on October 23, 2026 at 3:34 p.m. CEST.
CSX had a USD 95.0 billion market capitalization as of October 23, 2026.

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JP Morgan raised its price target for CSX from USD 57.00 to USD 58.00 on October 22, 2026, while maintaining an Overweight rating, Benzinga reported. The target stands 13.15 percent above CSX's Nasdaq price of USD 51.28 on October 23, 2026 at 9:42 a.m. ET. CSX stock traded at EUR 45.87 at Lang & Schwarz on October 23, 2026 at 3:34 p.m. CEST.

What does the target imply?

The revised target puts the implied upside at 13.15 percent against the USD 51.28 Nasdaq price. JP Morgan's move was one of several target increases reported after CSX results, but its USD 58.00 level remains below the USD 60.00 target also cited by Benzinga for UBS.

Operating margin reached 39.10 percent

CSX reported third-quarter 2026 revenue of USD 4.02 billion, up 12.00 percent from USD 3.59 billion in the third quarter of 2025, according to CSX Corporation. Operating margin expanded to 39.10 percent from 30.30 percent, while total volume increased 5.00 percent to 1.69 million units. The reported comparison excludes the prior year's USD 164.00 million non-cash goodwill impairment when adjusted figures are used.

Valuation and trading position

CSX had a USD 95.0 billion market capitalization and a trailing P/E ratio of 26.56 as of October 23, 2026. Its Nasdaq price of USD 51.28 stood within a 52-week range of USD 33.63 to USD 53.60 on that date, placing it 4.33 percent below the high. Volume was 751,138 shares at 9:42 a.m. ET, compared with an average volume of 10.66 million shares.

Comparison with peers

CSX Corporation (Nasdaq, USD): down 0.75 percent, P/E 26.56, market capitalization USD 95.0 billion.

Union Pacific Corporation (NYSE, USD): down 1.21 percent, P/E 23.05, market capitalization USD 174.9 billion.

Norfolk Southern Corporation (NYSE, USD): down 1.29 percent, P/E 27.99, market capitalization USD 75.0 billion.

Stock price and investor view

CSX combines a USD 58.00 analyst target with third-quarter revenue growth of 12.00 percent and a 39.10 percent operating margin. The share price remains 4.33 percent below its 52-week high, while the valuation is higher than Union Pacific's P/E and lower than Norfolk Southern's.

The further course of trading is shown by the continuously updated real-time quote of CSX Corp stock.