JP Morgan cuts target for Union Pacific stock to USD 322.00

Published on 10/06/2026 at 14:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 6.86 billion, up 12.00 percent year over year. Union Pacific stock costs EUR 246.25 on October 6, 2026 after EUR 247.95.

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Union Pacific (ISIN US9078181081) was trading at EUR 246.25 at Lang & Schwarz on October 6, 2026, while JP Morgan cut its target from USD 334.00 to USD 322.00 on October 5, 2026, according to Yahoo Finance. The move puts the latest target 3.59 percent below the previous one and gives the stock a clear valuation reference in US dollars.

JP Morgan trims its target

JP Morgan maintained a Neutral rating while lowering the Union Pacific target from USD 334.00 to USD 322.00, the Yahoo Finance entry says. The cut matters because it contrasts with Union Pacific's latest operating performance and shows that analysts are weighing earnings quality against the company's broader investment case.

Revenue grows but fuel matters

In the second quarter of 2026, Union Pacific generated USD 6.864 billion in revenue, up 12.00 percent from USD 6.154 billion a year earlier, according to FinDog. Net income reached USD 1.993 billion, a 6.00 percent increase, while diluted earnings per share rose 6.70 percent to USD 3.36 from USD 3.15. Freight revenue excluding fuel grew 4.00 percent, less than total revenue, highlighting the importance of fuel surcharge recovery to the reported increase.

Results date sets the next test

Union Pacific will release third-quarter 2026 financial and operating results on October 22, 2026, at 7:45 a.m. ET, according to its official release. The scheduled report should clarify whether volume growth can offset cost pressure after the second quarter's fuel-driven revenue contribution.

Euro quote remains below the US range midpoint

On the NYSE, Union Pacific was last quoted at USD 276.29 on October 6, 2026 at 11:07 a.m. EDT, with a 52-week range of USD 215.53 to USD 315.99 and a market capitalization of USD 164.6 billion. The Lang & Schwarz quote was EUR 246.25 at 2:00 p.m. CEST, down 0.69 percent versus the prior close of EUR 247.95 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Union Pacific stock.