Union Pacific stock gained 2.15 percent on October 2 as targets reset

Published on 10/04/2026 at 18:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Susquehanna cut its target from USD 345 to USD 333 on October 2, while consensus points to USD 327. Q2 adjusted EPS reached USD 3.41.

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Union Pacific stock (ISIN US9078181081) gained 2.15 percent to USD 278.28 on the NYSE on October 2, 2026, leaving the shares 11.9 percent below the 52-week high of USD 315.99. The move came as Susquehanna lowered its price target from USD 345 to USD 333 while maintaining a positive rating, according to MarketBeat on October 2, 2026.

Targets remain above the share price

Susquehanna's new target stands 19.7 percent above the October 2 price. The same MarketBeat report cites a Moderate Buy consensus and an average target of USD 327, with two Strong Buy ratings, fifteen Buy ratings and four Hold ratings.

UBS moved from Neutral to Buy and raised its target from USD 310 to USD 339 on September 16, 2026, while JPMorgan raised its target from USD 304 to USD 334 in July, the report said. These actions leave the analyst picture constructive, but the target revisions are not uniform.

Second quarter delivered a clear beat

Union Pacific reported second quarter 2026 revenue of USD 6.86 billion, up 11.5 percent from the prior-year quarter. Diluted EPS reached USD 3.41 against a USD 3.26 consensus estimate, a USD 0.15 beat, according to MarketBeat. The result compares with USD 3.03 EPS in the year-earlier quarter.

The strategic counterweight is the proposed Norfolk Southern combination. The Surface Transportation Board allowed the review to continue on September 22, 2026, while the transaction remains subject to approval and is targeted for completion in the second half of 2027, according to Norfolk Southern. The companies say the plan would create seven new premium intermodal lanes and convert 10,000 interline lanes to single-line service.

October results date is set

Union Pacific is scheduled to release third quarter 2026 results on October 22, 2026, at 7:45 a.m. ET, followed by a conference call at 8:45 a.m. ET, according to Business Wire. For investors, the next report will test whether the recent earnings beat can support the valuation while the merger process advances.

Union Pacific stock stays below its high

Union Pacific stock was last at USD 278.28 on the NYSE on October 2, 2026, with a 52-week range of USD 215.53 to USD 315.99. Market capitalization stood at USD 165.3 billion and reported trading volume was 3.05 million shares on that date.