CN sets grain record while Canadian National Railway stock trades flat
Published on 10/09/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- CN set a third-quarter grain movement record at 7.94 million metric tonnes on October 6, 2026.
- Canadian National Railway stock was unchanged at EUR 104.23 at Lang & Schwarz on October 9, 2026.
- CN reported CAD 4.753 billion in second-quarter 2026 revenue, up from CAD 4.379 billion in the first quarter.
- Citigroup cut its target from USD 151.00 to USD 143.00 while maintaining a Buy rating on October 7, 2026.
Canadian National Railway stock was trading at EUR 104.23 at Lang & Schwarz on October 9, 2026, unchanged versus the prior close of EUR 104.23. On October 6, 2026, CN reported a third-quarter grain movement record of 7.94 million metric tonnes, above the previous record of 7.48 million metric tonnes, according to GlobeNewswire.
What does the grain record change?
The 7.94 million metric tonnes moved from Western Canada in the third quarter exceeded the 7.48 million metric tonnes recorded in 2020. The figure gives investors a current operating measure before the company reports its full third-quarter financial results.
CN linked the result to customer demand, supply-chain coordination and execution of its operating plan. The company also published a 2026-2027 Winter Plan, making network reliability the next operational test after the record grain movement.
Three dated operating milestones
On July 24, 2026, CN reported CAD 4.753 billion in revenue for the second quarter, up from CAD 4.379 billion in the first quarter, according to Investing.com. Net income rose from CAD 1.146 billion to CAD 1.249 billion over the same comparison.
On September 16, 2026, CN and Amtrak signed an eight-year operating agreement covering Amtrak service on CN-owned rail lines, according to GlobeNewswire. On October 6, 2026, the 7.94 million metric tonne grain movement record became the latest of the three milestones.
Results date is October 30
CN will release its third-quarter 2026 financial and operating results before the markets open on October 30, 2026, with a conference call scheduled for 8:30 a.m. ET, according to GlobeNewswire. That report will show whether the operating record translated into revenue, profit and volume growth.
Citigroup lowers its target
Citigroup lowered its price target for Canadian National Railway from USD 151.00 to USD 143.00 on October 7, 2026, while maintaining a Buy rating, according to MarketBeat. The target change places analyst attention on the conversion of operating activity into financial performance rather than on the grain record alone.
Stock holds at EUR 104.23
At Lang & Schwarz, Canadian National Railway stock was trading at EUR 104.23 on October 9, 2026 at 4:06 p.m. CEST, unchanged from the prior close of EUR 104.23. On the NYSE, CNI was at USD 116.90 on October 9, 2026 at 10:12 a.m. ET; its market capitalization was USD 70.7 billion and its 52-week range was USD 90.74 to USD 131.55.
The further course of trading is shown by the continuously updated real-time quote of Canadian National Railway stock.
Canadian National Railway stock facts
- Company: Canadian National Railway Company
- ISIN: CA1363751027
- Ticker: CNI
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz as of October 9, 2026, 4:06 p.m. CEST: EUR 104.23
- Change versus prior close: 0.00 percent
- Prior close Lang & Schwarz October 8, 2026: EUR 104.23
- Market capitalization: USD 70.7 billion as of October 9, 2026
- 52-week range: USD 90.74-131.55 as of October 9, 2026
- Sector / Industry: Industrials / Railroads
Market context: Market report S&P/TSX Composite.
