ATB Cormack lifts Canadian Pacific Kansas City stock target to CAD 146.00 from CAD 143.00

Published on 10/19/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The latest quarter delivered CAD 4.164 billion in revenue. Canadian Pacific Kansas City stock reports third-quarter results on October 28, 2026.

Analyst action and operating scale

ATB Cormack raised its target from CAD 143.00 to CAD 146.00 on October 15, 2026.
Second-quarter 2026 revenue reached CAD 4.164 billion and operating income was CAD 1.472 billion.
Canadian Pacific Kansas City stock trades at EUR 78.13 at 9:18 a.m. CEST at Lang & Schwarz on October 19, 2026.
Third-quarter 2026 results are scheduled for October 28, 2026.

CP, CA13646K1084, Illustration mit AI erstellt.

Canadian Pacific Kansas City (ISIN CA13646K1084) was trading at EUR 78.13 at Lang & Schwarz at 9:18 a.m. CEST on October 19, 2026. The immediate catalyst is a higher analyst target, while the next earnings date gives investors a defined event to track.

ATB Cormack raises its target

According to MarketBeat on October 15, 2026, ATB Cormack raised its target for Canadian Pacific Kansas City from CAD 143.00 to CAD 146.00 and kept an outperform rating. The revised target is a market view, not company guidance.

The latest quarterly figures provide the operating backdrop. The company's investor materials report second-quarter 2026 revenue of CAD 4.164 billion, up 13.00 percent, and reported operating income of CAD 1.472 billion, up 10.00 percent, while diluted earnings per share came to CAD 1.15. Core adjusted diluted earnings per share reached CAD 1.27, up 13.00 percent, according to Canadian Pacific Kansas City.

Three dates shaped the setup

On September 28, 2026, the company announced a CAD 1.8 billion debt offering, including notes due between 2030 and 2056, in a release carried by Finanznachrichten. On October 2, 2026, CPKC reported September grain shipments of 2.94 million metric tonnes in Canada and 2.51 million metric tonnes in the United States, also reported by Finanznachrichten. The October 15 target increase is the latest of the three events.

What comes next for earnings

Canadian Pacific Kansas City will report third-quarter 2026 results after the markets close on October 28, 2026, with a conference call scheduled for 4:30 p.m. ET, according to FT.com. That release will test whether the 13.00 percent second-quarter revenue growth rate carried into the next reporting period.

Stock quote and valuation context

MarketBeat listed a market capitalization of CAD 108.04 billion and a 52-week range of CAD 96.50 to CAD 133.38 on October 15, 2026. Those figures put the analyst target and the upcoming results in a valuation context, while the operating figures keep the focus on execution.

Canadian Pacific Kansas City was trading at EUR 78.13 at Lang & Schwarz on October 19, 2026 at 9:18 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Canadian Pacific Kansas City stock.