NSC

Norfolk Southern Corporation
IndustrialsRailroadsNASDAQ
$283.94
-$0.42 (-0.15%)today
Conviction
0/ 10
Fair Value$313.58
Upside+10.44%
Signal0
Market Cap$63.4B
52W Range$201.63–$319.94
Next EarningsApr 23

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid
Fair Value$62.80
Current Price$281.09
Upside / Down-77.7%
P(Undervalued)0.0%
P(20%+ Up)0.0%
P(15%+ Down)100.0%

Fair Value Distribution — percentile bands

0.0% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

25.4%/yr

±4.3% · revenue growth to justify current price

FCF-Based Reverse DCF

30.4%/yr

±3.3% · FCF growth to justify current price

THE GAP

Market pricing margin compression or rising capex

KEY VALUE DRIVERS

Spearman correlation — what moves this valuation most

Quick Take

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States.

Trailing P/E22.1x
Forward P/E20.9x
P/S5.2x
EPS (TTM)$12.75
Analyst Target$313.58
Analyst Upside10.4%

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Bull Case

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Bear Case

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Research Feed

sec_10kMar 2
Conviction: unchanged
Norfolk Southern 2025: Margin Strength, Commodity Headwinds, Merger Uncertainty

NSC 2025 10-K shows operational excellence (64.2% OR, +10% net income) but commodity cycles (coal -8% revenue, intermodal -1% units) and Union Pacific merger uncertainty create near-term headwinds. Fa...