CSX Corporation (NASDAQ:CSX) is a leading transportation company in the United States, primarily focused on rail-based freight transportation. It operates an extensive rail network, providing services that include traditional rail transport, intermodal services, and rail-to-truck transfers. CSX competes with other major rail companies like Union Pacific and Norfolk Southern.
On October 17, 2025, Cowen & Co. maintained its "Buy" rating for CSX, with the stock priced at approximately $36.84. This endorsement aligns with TD Cowen's decision to raise the price target for CSX from $38 to $39, as highlighted by TheFly. The current stock price of CSX is $36.93, reflecting a 2.61% increase with a change of $0.94.
CSX's Q3 2025 earnings report revealed a revenue of $3.59 billion. Although this slightly missed year-over-year expectations, it exceeded consensus estimates. The company's adjusted earnings per share (EPS) stood at $0.44, surpassing estimates despite a $164 million goodwill impairment related to Quality Carriers. Without this one-off impairment, the adjusted EPS would have been approximately $0.51.
CSX has demonstrated improved operational efficiency, with car miles per day increasing to 136.6 and enhanced fuel efficiency. The company has also strategically expanded its intermodal services in the Northeast, further solidifying its position as a great value play. CSX's market capitalization stands at approximately $68.85 billion, with a trading volume of 4.41 million shares today.
