Robert W. Baird Increases CSX (NASDAQ:CSX) Price Target to $47.00

CSX (NASDAQ:CSX) had its price objective hoisted by equities researchers at Robert W. Baird from $40.00 to $47.00 in a report issued on Thursday, MarketBeat Ratings reports. The firm presently has an “outperform” rating on the transportation company’s stock. Robert W. Baird’s price objective points to a potential upside of 3.50% from the company’s previous close.

Several other analysts have also recently issued reports on CSX. Citigroup restated a “neutral” rating and issued a $46.00 target price (up from $44.00) on shares of CSX in a report on Thursday. Sanford C. Bernstein upped their target price on CSX from $36.00 to $39.00 and gave the company a “market perform” rating in a report on Tuesday, March 31st. Benchmark restated a “buy” rating and issued a $46.00 target price (up from $40.00) on shares of CSX in a report on Friday, April 17th. Wolfe Research upped their target price on CSX from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Tuesday, April 7th. Finally, New Street Research set a $49.00 target price on CSX in a report on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.26.

CSX Stock Down 1.7%

Shares of NASDAQ:CSX opened at $45.41 on Thursday. The company has a quick ratio of 0.69, a current ratio of 0.97 and a debt-to-equity ratio of 1.34. The business has a fifty day moving average of $41.43 and a two-hundred day moving average of $38.14. The stock has a market cap of $84.38 billion, a P/E ratio of 27.86, a PEG ratio of 2.57 and a beta of 1.25. CSX has a 52-week low of $27.51 and a 52-week high of $46.55.

CSX (NASDAQ:CSX) last issued its earnings results on Wednesday, April 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.04. The company had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.50 billion. CSX had a return on equity of 24.47% and a net margin of 21.55%.The firm’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.34 EPS. On average, research analysts expect that CSX will post 1.84 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Diana B. Sorfleet sold 90,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $41.56, for a total transaction of $3,740,400.00. Following the transaction, the chief accounting officer owned 165,613 shares of the company’s stock, valued at approximately $6,882,876.28. This represents a 35.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Stephen F. Angel bought 25,000 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average cost of $40.27 per share, for a total transaction of $1,006,750.00. Following the purchase, the chief executive officer owned 146,540 shares in the company, valued at $5,901,165.80. This represents a 20.57% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have sold 188,123 shares of company stock valued at $7,454,854. Corporate insiders own 0.30% of the company’s stock.

Hedge Funds Weigh In On CSX

Several hedge funds have recently bought and sold shares of CSX. Syon Capital LLC raised its position in CSX by 1.0% in the 4th quarter. Syon Capital LLC now owns 28,316 shares of the transportation company’s stock valued at $1,026,000 after purchasing an additional 287 shares in the last quarter. Root Financial Partners LLC raised its position in shares of CSX by 7.3% during the 4th quarter. Root Financial Partners LLC now owns 4,757 shares of the transportation company’s stock worth $172,000 after acquiring an additional 323 shares in the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of CSX by 4.1% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 8,324 shares of the transportation company’s stock worth $296,000 after acquiring an additional 331 shares in the last quarter. Moloney Securities Asset Management LLC raised its position in shares of CSX by 2.7% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 13,048 shares of the transportation company’s stock worth $463,000 after acquiring an additional 339 shares in the last quarter. Finally, Walled Lake Planning & Wealth Management LLC raised its position in shares of CSX by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 13,235 shares of the transportation company’s stock worth $480,000 after acquiring an additional 346 shares in the last quarter. Institutional investors and hedge funds own 73.57% of the company’s stock.

More CSX News

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Q1 EPS beat and upgraded outlook — CSX reported $0.43 GAAP EPS (above estimates), improved operating income and raised its 2026 revenue/growth guidance to mid‑single digits; management flagged higher volumes, lower operating costs and stronger free cash flow expectations, which supports upside for earnings and cash returns. CSX Q1 2026 Earnings Call Summary
• Positive Sentiment: Analysts raise targets and ratings — Multiple firms (Jefferies, JPMorgan, Wells Fargo, Raymond James, BofA, BMO, TD Cowen, Benchmark and others) lifted price targets/ratings after the print, signaling growing sell‑side confidence and supporting further upside. Analyst Price Target Moves
• Positive Sentiment: Operational execution improving — Company commentary and reports highlight network expansion, record fuel efficiency and efficiency initiatives that drove margin expansion; that operational progress underpins a multi‑year earnings upside thesis. Q1 Deep Dive: Efficiency Initiatives
• Neutral Sentiment: One‑time items and revenue mix — Q1 included gains from real‑estate sales that helped EPS and revenue growth was modest (mixed with a slight top‑line miss), so some of the beat reflects non‑recurring items and cost reductions rather than pure demand strength. CSX Q1 Results Release
• Neutral Sentiment: Options and insider flows — Unusually large call buying (22,656 calls) signals speculative bullish positioning; insider activity is mixed (some sales but a CEO purchase), so flows are ambiguous for signaling broad conviction. (See trading summaries in media coverage.)
• Negative Sentiment: Valuation concerns and a downgrade — Morgan Stanley warned the turnaround appears largely priced in and cut its recommendation/target (citing stretched valuation), and some analysts caution about price risk after a strong YTD run; that has prompted profit‑taking and more cautious positioning. Morgan Stanley Downgrade
• Negative Sentiment: Mixed analyst views on sustainability of gains — Several commentaries note the revenue beat was small and question how much of margin improvement is repeatable if volumes soften; that introduces near‑term execution risk and volatility. Analysts Mixed on Q1

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.