The invention discloses a forging method of a high-speed train axle box body. The forging method comprises the following steps that 1, blank blanking is conducted, wherein a blank is a cylindrical extrusion bar, and the blank with the set length is obtained through sawing blanking; 2, transverse flattening upsetting is conducted, wherein transverse flattening upsetting is conducted on the blank to obtain a prefabricated blank; 3 the prefabricated blank is extruded to obtain a pre-forging piece, wherein the pre-forging piece sequentially comprises an end corresponding to the shape of the axle box body, a middle and a rod portion in the length direction, and volume distribution of the pre-forging piece is matched with that of the axle box body; 4, final forging piece molding is conducted, wherein the pre-forging piece is placed in a final forging mold to be subjected to final forging, and a final forging piece is obtained. Volume distribution of the pre-forging piece is well matched with that of the final forging piece, an extrusion process is adopted in pre-forging piece molding, no flash is generated, the pre-forging piece is stably positioned in a final forging mold cavity, and therefore it can be guaranteed that the final forging piece is well molded.