Susquehanna cuts target for Canadian Pacific Kansas City stock

Published on 10/07/2026 at 15:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached CAD 4.164 billion, up 13.00 percent year over year. For Canadian Pacific Kansas City stock, adjusted EPS rose to CAD 1.27.

CP, CA13646K1084, Illustration mit AI erstellt.

Susquehanna cut its target for Canadian Pacific Kansas City stock from USD 106.00 to USD 98.00, according to MarketBeat on October 6, 2026. The reduction puts the latest published target below the wider analyst average of USD 107.80 cited in the same report.

Target cut meets operating growth

The contrast is clear in CPKC's operating figures. CPKC reported CAD 4.164 billion in total revenue for the second quarter of 2026, up 13.00 percent from the prior-year quarter. Reported operating income reached CAD 1.472 billion, while diluted earnings per share stood at CAD 1.15.

Core adjusted diluted earnings per share came in at CAD 1.27 in the second quarter of 2026, a 13.00 percent increase. The core adjusted operating ratio was 61.60 percent, up 0.90 percentage points year over year, showing that higher volume came with cost pressure.

Grain records add a fresh operating signal

CPKC said on October 2, 2026, that it set new September and third-quarter records for grain and grain products in Canada and the United States. According to CPKC, the company moved 2.94 million metric tonnes and 30,324 carloads in Canada during September 2026, while its United States network handled 2.51 million metric tonnes and 26,236 carloads.

The grain figures give the target cut a useful counterpoint: demand was producing record traffic at the start of the 2026-2027 crop year, while the operating ratio had widened in the latest reported quarter. CPKC also reached a tentative five-year labor agreement covering 250 train and engine employees on October 1, 2026, subject to union ratification, according to CPKC.

NYSE quote stays below yearly high

On the NYSE, CP was last at USD 85.43 on October 6, 2026 at 4:00 p.m. ET. Its market capitalization was USD 75.1 billion, and the 52-week range was USD 68.42 to USD 96.90. The Lang & Schwarz prior close was EUR 75.87 on October 6, 2026.

The further course of trading is shown by the continuously updated real-time quote of Canadian Pacific Kansas City stock.