Canadian Pacific Kansas City stock sets new grain records by region

Published on 10/05/2026 at 23:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canadian Pacific Kansas City stock closed at USD 85.94 on October 2, 2026, as CP moved 2.94 million metric tons of Canadian grain in September. Q2 revenue reached CAD 4,164 million.

CP, CA13646K1084, Illustration mit AI erstellt.

Canadian Pacific Kansas City stock (ISIN CA13646K1084) closed at USD 85.94 on the NYSE on October 2, 2026, up 1.74 percent. The railroad then reported record September and third-quarter grain transportation volumes, giving the market a fresh operating measure before its next earnings release.

Grain records strengthen the operating case

According to Yahoo Finance on October 5, 2026, CP moved 2.94 million metric tons and 30,324 carloads of grain in Canada during September. The U.S. operation added 2.51 million metric tons and 26,236 carloads, while Canadian grain volumes through Week 8 reached 4.99 million metric tons and 51,268 carloads.

The grain figures matter because they connect the railway's three-country network with a measurable demand trend. CP's shares were up 16.8 percent year to date through October 5, 2026, although the rail industry had gained 20.3 percent over the same period, according to Yahoo Finance.

Q2 revenue grew 13 percent

CP's latest reported quarter also supplied a strong comparison. The company listed Q2 2026 total revenue at CAD 4,164 million, up 13 percent, while reported diluted EPS was CAD 1.15 and core adjusted diluted EPS was CAD 1.27, up 13 percent year over year, according to Canadian Pacific Kansas City. The core adjusted operating ratio was 61.6 percent, up 90 basis points, showing that volume growth arrived alongside cost pressure.

The next checkpoint is dated. Yahoo Finance reported on September 29, 2026, that CP will publish third-quarter results after the market close on October 28, 2026, followed by a conference call at 4:30 p.m. ET.

Analysts see a higher valuation

J.P. Morgan maintained a Buy rating and a C$156.00 price target on October 5, 2026, according to Markets Insider. The Canadian-dollar target is separate from the NYSE price because the currencies differ.

MarketBeat reported on October 2, 2026, that 16 analysts held a Moderate Buy consensus, including two Strong Buy, eleven Buy and three Hold ratings. Its average USD 107.80 target lies 25.4 percent above the USD 85.94 closing price.

CP stock closed at USD 85.94

CP stock closed at USD 85.94 on the NYSE on October 2, 2026, up 1.74 percent from the prior session. The price was USD 10.96 below the 52-week high of USD 96.90 and USD 17.52 above the 52-week low of USD 68.42.