NSC Price Prediction Next Week
Analysis and Insights
To predict the stock price of Norfolk Southern (NSC) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
Norfolk Southern's stock is currently trading at $242.22 as of the latest closing price. Key technical indicators include:
- RSI (14): 43.52, indicating the stock is in a bearish trend but not yet oversold.
- MACD: The MACD line is below the signal line (-2.76), suggesting bearish momentum.
- Fibonacci Levels: Resistance at $247.89 and support at $237.16.
News Sentiment and Fundamental Analysis:
Recent rail traffic data shows mixed trends, with a 5.4% increase in U.S. rail traffic for the week ending March 1, but earlier declines in February. Jim Cramer highlighted NSC as a lagging stock with potential under new leadership, though he emphasized AI stocks as better opportunities.
Analysts maintain a "Moderate Buy" rating, with a mean price target of $277.26, implying an 11.3% upside from current levels.
Prediction and Recommendation:
Based on the technical indicators and mixed fundamental trends, the stock is expected to trade between $237.16 and $247.89 in the next trading week. The bearish RSI and MACD suggest a potential pullback toward the lower end of this range.
Recommendation: Sell at current levels, as the stock is likely to test the lower support level of $237.16 before any potential rebound.
NSC Similar Chart Price Prediction
The price of NSC is predicted to go up -16.46%, based on the high correlation periods with DQ. The similarity of these two price pattern on the periods is 96.34%.
NSC
DQ
Down: -16.46%Similarity: 96.34%
NSC Revenue Forecast
NSC EPS Forecast
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NSC VS S&P500
Pressure from an activist investor has prompted management to reinvigorate its precision scheduled railroading focus and commit to reducing the profitability gap relative to peers.
With help from PSR, Norfolk Southern's adjusted OR improved to 60.1% by 2021, from 68% in 2017. Despite setbacks in 2022 and 2023, we expect Norfolk to rekindle OR gains in the years ahead.
We expect overall intermodal volumes to flip positive this year as retail sector restocking activity improves and truckload competition abates.
NSC Analyst's Forecast
Walter Spracklin
RBC Capital
Buy
2025-01-30
Price Target
$275 → $286
Upside
+11.2%
RBC Capital raised the firm's price target on Norfolk Southern to $286 from $275 and keeps an Outperform rating on the shares. The company's Q4 results were in line with estimates, but the firm was encouraged by its strong operating momentum, allowing Norfolk Southern to beat its prior guidance on efficiencies, the analyst tells investors in a research note. RBC reiterates that Norfolk's continued operating progress results in a fundamental shift in how its cost structure is perceived, followed by a meaningful re-rating in shares.
Garrett Holland
Baird
Hold
2025-01-30
Price Target
$260 → $270
Upside
+4.98%
Bascome Majors
Susquehanna
Hold
2025-01-08
Price Target
$285 → $265
Upside
+11.86%
