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CNI Stock Forecast: Canadian National Railway Co. Price Predictions for 2026-2027

Last close, 17 Sept 2026
$120
+0.32% on the day

The 30 Wall Street analysts covering Canadian National Railway Co. hold a median 12-month price target of $140 — +16.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 85 of 100 as at 17 Sept 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$72.3B
Ticker Nerd rank
85 / 100
Median analyst target
$140
Analysts covering
30
Revenue$4.8B+11.3% y/y
Operating income$1.8B
Net income$1.2B
Free cash flow$916.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−1.1%
1M
−4.8%
YTD
+23.3%
1Y
+28.8%
From 52W high
−7.7%
From 52W low
+34.1%
$89
$130
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CNI stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Canadian National Railway Co. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 17 Sept 2026
85 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
97
Revisions
89
Momentum
86
Quality
73
Issuance
67
Value
65
Growth
64
Accruals
49
Size
4

Volatility (97): The share price has been relatively steady.

Accruals (49): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (4): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CNI stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CNI, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$80$100$120$140$160Oct 25Jan 26Apr 26Jul 26CNIHigh $152Median $140Low $112

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says30 analysts
15 Buy14 Hold1 Sell
Low $112Median $140High $152

The green dot is the last close — the median target sits +16.7% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 7 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
31 Aug 2026Argus ResearchReiteratesHold—
27 July 2026BarclaysMaintainsEqual-Weight—
27 July 2026BarclaysMaintainsEqual-Weight$109 → $130
27 July 2026Evercore ISI GroupMaintainsOutperform$124 → $139
27 July 2026Evercore ISI GroupMaintainsOutperform—
27 July 2026RBC CapitalMaintainsOutperform—
27 July 2026RBC CapitalMaintainsOutperform$195 → $205
27 July 2026Wells FargoMaintainsOverweight$135 → $145
27 July 2026Wells FargoMaintainsOverweight—
14 July 2026SusquehannaDowngradeNeutral—
14 July 2026SusquehannaDowngradeNeutral$138 → $140
9 July 2026CitigroupMaintainsBuy$124 → $141
9 July 2026CitigroupMaintainsBuy—
8 July 2026Wells FargoMaintainsOverweight$110 → $135
8 July 2026Wells FargoMaintainsOverweight—
25 June 2026BarclaysMaintainsEqual-Weight—
25 June 2026CIBCMaintainsOutperformer—
25 June 2026Evercore ISI GroupUpgradeOutperform—
23 June 2026B of A SecuritiesMaintainsBuy—
9 June 2026CIBCMaintainsOutperformer—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CNI appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

CNI vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 17 Sept 2026, Canadian National Railway Co. returned +28.8% against +17.0% for the S&P 500, dividends included.

CNI vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Oct 25Jan 26Apr 26Jul 26CNIS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CNI analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+3.7%
Analysts raising
25
Analysts cutting
0
Fundamentals

Canadian National Railway Co. (CNI) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
21.7×

Cheaper than 35% of US stocks

Price / sales
4.1×

Cheaper than 30% of US stocks

Price / book
4.6×

Cheaper than 22% of US stocks

EV / EBITDA
10.3×

Cheaper than 37% of US stocks

Growth & margins
Revenue growth (YoY)
11.3%

Higher than 56% of US stocks

Earnings growth (YoY)
6.6%

Higher than 43% of US stocks

Gross margin
41.5%

Higher than 52% of US stocks

Operating margin
40.3%

Higher than 92% of US stocks

Net margin
26.9%

Higher than 87% of US stocks

Returns & dividend
Return on equity
22.0%

Higher than 83% of US stocks

Return on assets
7.7%

Higher than 87% of US stocks

Dividend yield
2.2%

Higher than 49% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Canadian National Railway Co. (CNI) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Canadian National Railway Co. has a market value of $72.3B and an enterprise value of $67.6B.

  • Revenue in the twelve months to 30 June 2026: $17.8B. The latest quarter grew 11.3% year on year.

  • Net income over the same four quarters: $4.8B, a 26.9% net margin.

  • Diluted earnings per share, trailing twelve months: $7.79.

  • Free cash flow in the twelve months to 30 June 2026: $3.5B, after $3.4B of capital spending.

  • Canadian National Railway Co. spent $3.0B on share buybacks and $2.2B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 604.9M.

  • Trailing P/E: 21.7×; forward P/E: 18.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.22%, paying out 46% of earnings.

  • Canadian National Railway Co. employs 23,825 people — $745K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 17 Sept 2026

Data provided by Twelve Data

Peers

CNI vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelRailroads
CompanyMarket capTKN rank
CNICanadian National Railway Co.$72.3B
85
NSCNorfolk Southern Corp.$71.6B
75
CPCanadian Pacific Kansas City Ltd.$79.3B
53
CSXCSX Corp.$89.1B
84
WABWestinghouse Air Brake Technologies Corp.$47.3B
69
UNPUnion Pacific Corp.$167.8B
89
CMICummins, Inc.*$72.4B
74

* Nearest Industrials names by size — few railroads companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Canadian National Railway Co. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CNI news & analysis

CNI, Amtrak Ink 8-Year Deal to Boost Rail Safety, Reliability

Zacks Investment Research · 17 Sept 2026positive

Canadian National Railway Co. signed an eight-year agreement with Amtrak that clarifies schedules, payments, and dispute resolution. The deal is intended to support safer and more reliable U.S. rail operations.

Why it matters — A clear long-term operating agreement with Amtrak could help Canadian National sustain reliable U.S. rail service and reduce uncertainty around scheduling and disputes.

Ghislain Houle to address the 25th Annual CIBC Eastern Institutional Investor Conference on September 24

GlobeNewsWire · 17 Sept 2026neutral

CN's Executive Vice-President and Chief Financial Officer, Ghislain Houle, is scheduled to address the 25th Annual CIBC Eastern Institutional Investor Conference on September 24, 2026, at 8:00 a.m. The announcement was made by CN on September 17, 2026.

Why it matters — A CNI watcher would care because the CFO's presentation at the investor conference offers an opportunity to hear CN's leadership speak directly to the institutional investment community.

CN and Amtrak Reach Agreements to Strengthen Passenger Rail Service and Safety

GlobeNewsWire · 16 Sept 2026positive

CN's U.S. rail subsidiaries and Amtrak announced they have reached agreements to strengthen their partnership and support safe, reliable passenger and freight service on CN's U.S. rail network.

Why it matters — The agreements reinforce CN's working relationship with Amtrak, which could support smoother operations and safety on its U.S. rail network.

Canadian National Railway Company (CNR:CA) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript

Seeking Alpha · 16 Sept 2026neutral

Canadian National Railway Company presented at Morgan Stanley's 14th Annual Laguna Conference, with a transcript of the event published by Seeking Alpha. The presentation covered the company's remarks at the conference.

Why it matters — A CNI watcher would care because the transcript offers insight into the company's outlook and discussion points shared with investors and analysts at a major industry conference.

MEDIA AVAILABILITY: Uniformed CN Police Officers Available for Media Interviews During See Tracks? Think Train® Week 2026

GlobeNewsWire · 16 Sept 2026neutral

CN announced that its police officers and spokespeople will be available for media interviews during See Tracks? Think Train® Week 2026, a rail-safety awareness initiative. The availability was announced in a media advisory from Homewood, Illinois.

Why it matters — The announcement highlights CN's public engagement and rail-safety efforts, which may be of interest to those tracking the company's community outreach activities.

FAQ

Frequently asked questions about CNI stock

What is the CNI stock price forecast for 2026-2027?

The 30 Wall Street analysts covering Canadian National Railway Co. have a median 12-month price target of $140, with estimates ranging from $112 to $152. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CNI stock a buy right now?

Of the 30 analysts covering Canadian National Railway Co., 15 rate it a Buy, 14 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Canadian National Railway Co. 85 out of 100 across roughly 4,600 US stocks as at 17 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CNI?

As at 17 Sept 2026, Canadian National Railway Co. ranks 85 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (97 of 100).

Will CNI stock go up?

No one can know that. What the data says: the median 12-month target from 30 analysts implies +16.7% from the last close, and Ticker Nerd's factor model ranks Canadian National Railway Co. 85 out of 100 as at 17 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CNI stock forecast for 2030?

No analyst covering Canadian National Railway Co. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CNI are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $112 to $152 over the next 12 months.

How has CNI stock performed over the past year?

Canadian National Railway Co. returned +28.8% over the 12 months to 17 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Canadian National Railway Co. do?

Canadian National Railway Co. is a North American freight transportation and logistics company.

What is the latest news on CNI?

The most recent item we track (Zacks Investment Research, 17 Sept 2026): "CNI, Amtrak Ink 8-Year Deal to Boost Rail Safety, Reliability". Canadian National Railway Co. signed an eight-year agreement with Amtrak that clarifies schedules, payments, and dispute resolution. The deal is intended to support safer and more reliable U.S. rail operations.

Company

About Canadian National Railway Co.

Canadian National Railway Co. is a North American freight transportation and logistics company. Canadian National Railway Co. operates an integrated rail network that moves a broad mix of goods across Canada and the United States, serving industries such as automotive, agriculture, energy, forestry, metals, minerals, chemicals, and consumer products. Its services extend beyond rail freight to intermodal transportation, trucking, customs brokerage, transloading, warehousing, and supply-chain support. The company also provides specialized solutions for temperature-controlled cargo, dimensional loads, private railcar storage, and connections to short-line rail partners. Canadian National Railway Co. plays a central role in continental commerce by linking ports, industrial hubs, and inland markets through a large multimodal transportation platform. Headquartered in Montreal, Canada, the company is recognized as one of the major rail operators supporting long-distance freight movement and logistics across the region.

CEO Ms. Tracy A. Robinson · 23,825 employees · Canada · https://www.cn.ca