CSX Corp. (NASDAQ:CSX) on Wednesday posted better-than-expected third-quarter fiscal 2026 results.

CSX reported quarterly earnings of 57 per share, which beat the consensus estimate of 53 cents by 7.55%, per Benzinga Pro data.  Quarterly revenue came in at $4.02 billion, which beat the analyst estimate of $3.96 billion and was up from $3.59 billion in the same period last year.

"CSX delivered strong earnings growth in the third quarter as disciplined execution helped us move more freight, for more customers, while maintaining our high standards for safety and service," said CEO Steve Angel.

CSX shares gained 6.7% to trade at $51.58 on Thursday.

These analysts made changes to their price targets on CSX following earnings announcement.

• JP Morgan analyst Brian Ossenbeck maintained the stock with an Overweight rating and raised the price target from $57 to $58.
• TD Cowen analyst Jason H. Seidl maintained the stock with a Buy and raised the price target from $54 to $55.
• RBC Capital analyst Walter Spracklin maintained the stock with an Outperform rating and raised the price target from $53 to $54.
• B of A Securities analyst Ken Hoexter maintained the stock with a Buy and raised the price target from $55 to $57.

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