Union Pacific defends USD 85 billion merger: UBS targets Union Pacific stock at USD 339.00

Published on 10/07/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Union Pacific stock costs EUR 248.25 on October 7, 2026 after EUR 246.75. Revenue rose 12.00 percent to USD 6.90 billion in second-quarter 2026.

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Union Pacific (ISIN US9078181081) was trading at EUR 248.25 at Lang & Schwarz on October 7, 2026 at 3:38 p.m. CEST, plus 0.61 percent versus the prior close of EUR 246.75 on October 6, 2026. As Fox Business reported on October 6, 2026, Chief Executive Jim Vena defended Union Pacific's proposed USD 85.00 billion acquisition of Norfolk Southern. In a separate September 16, 2026 update, TradingView reported that UBS raised its target for Union Pacific from USD 310.00 to USD 339.00 and upgraded the stock from Neutral to Buy.

Merger approval remains decisive

The merger would create a single-line transcontinental railroad and combine networks spanning about 50,000 miles, according to the Fox Business report. Vena said the combined network could save customers 24 to 48 hours by reducing interchange delays, giving the transaction a measurable service argument.

The regulatory path still determines whether those benefits become operational. In its September 22, 2026 release, Union Pacific said the Surface Transportation Board had rejected opponents' requests to dismiss the revised application and that the transaction remained subject to review.

Second-quarter revenue rose 12.00 percent

Union Pacific reported USD 6.90 billion of revenue in the second quarter of 2026, up 12.00 percent from the year-earlier period, according to Investing.com. The same results summary put adjusted earnings per share at USD 3.41 against a USD 3.19 consensus, a 6.90 percent beat, while the operating ratio improved to 59.20 percent.

That operating improvement matters because the merger thesis depends on higher network efficiency as well as scale. Union Pacific's second-quarter operating profit was USD 2.76 billion and net income was USD 1.99 billion, according to the standardized quarterly statement for the period ended June 30, 2026.

Stock remains below its yearly high

Union Pacific had a market capitalization of USD 164.5 billion on October 7, 2026. Its 52-week range was USD 215.53 to USD 315.99, leaving the Lang & Schwarz euro quote in a separate currency frame from the NYSE range.

The UBS target of USD 339.00 sits above the USD 276.85 NYSE quote supplied for October 7, 2026 at 9:50 a.m. EDT, but the target and the euro reference price should not be combined into one return calculation. The next reported event is scheduled for October 22, 2026, according to the dated market calendar entry.

Price holds above the prior close

Union Pacific was trading at EUR 248.25 at Lang & Schwarz on October 7, 2026 at 3:38 p.m. CEST, plus 0.61 percent versus the prior close of EUR 246.75 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Union Pacific stock.