JPMorgan cuts target for Union Pacific stock to USD 322.00
Published on 10/12/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- JPMorgan lowered its Union Pacific target from USD 334.00 to USD 322.00 on October 12, 2026.
- Second-quarter revenue reached USD 6.86 billion, up from USD 6.15 billion a year earlier.
- Union Pacific stock traded at EUR 248.90 at Lang & Schwarz on October 12, 2026, up 0.28 percent versus the Xetra close of October 9, 2026 at EUR 248.20.
Union Pacific (US9078181081) was trading at EUR 248.90 at Lang & Schwarz on October 12, 2026 at 12:33 p.m. CEST, up 0.28 percent versus the Xetra close of October 9, 2026 at EUR 248.20. Ground News reported on October 12, 2026 that JPMorgan cut its Union Pacific target from USD 334.00 to USD 322.00.
JPMorgan trims the target
The USD 12.00 reduction equals 3.59 percent from the previous USD 334.00 target. The new USD 322.00 target remains a market view in dollars and is separate from the euro quote used for German investors.
Wells Fargo maintained a Buy rating and set a USD 335.00 target on October 6, 2026, according to Markets Insider. Its target is USD 13.00 above JPMorgan's new level, creating a clear split in recent analyst views.
Second-quarter figures set the baseline
Union Pacific reported second-quarter 2026 diluted earnings per share of USD 3.36 and adjusted diluted earnings per share of USD 3.41 on July 23, 2026, according to Union Pacific.
Markets Insider reported that second-quarter revenue rose from USD 6.15 billion to USD 6.86 billion, while net profit increased from USD 1.88 billion to USD 1.99 billion. Revenue therefore grew by USD 0.71 billion, while profit grew by USD 0.11 billion over the comparable period.
Three events changed the picture
- On July 23, 2026, Union Pacific reported adjusted operating ratio of 59.20 percent for the second quarter.
- On September 16, 2026, Union Pacific said more than 500 customers supported its proposed combination with Norfolk Southern.
- On October 12, 2026, Ground News reported JPMorgan's USD 334.00 to USD 322.00 target cut.
What does the target cut change?
The target reduction puts the analyst debate ahead of Union Pacific's next earnings release. The company is scheduled to publish third-quarter 2026 results on October 22, 2026, at 7:45 a.m. ET, according to Business Wire. The next scheduled company event after that is the November 21, 2026 display of Big Boy No. 4014 in the Denver area, per Union Pacific.
Euro quote stays near the session open
At Lang & Schwarz, Union Pacific was trading at EUR 248.90 on October 12, 2026 at 12:33 p.m. CEST, up 0.28 percent versus the Xetra close of October 9, 2026 at EUR 248.20. The structured quote shows a USD market capitalization of USD 165.4 billion as of October 9, 2026, with a 52-week range of USD 215.53 to USD 315.99.
The further course of trading is shown by the continuously updated real-time quote of Union Pacific stock.
Union Pacific stock facts
- Company: Union Pacific Corporation
- ISIN: US9078181081
- WKN: 858144
- Ticker: UNP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 12:33 p.m. CEST): EUR 248.90
- Change versus Xetra close: plus 0.28 percent
- Xetra close (October 9, 2026): EUR 248.20
- Market capitalization: USD 165.4 billion (as of October 9, 2026)
- 52-week range: USD 215.53-315.99 (as of October 9, 2026)
- Sector / Industry: Industrials / Road and Rail
- Index membership: S&P 500
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
