Union Pacific stock: Bernstein sets USD 347 target. Union Pacific stock falls 1.58 percent

Published on 10/23/2026 at 16:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue rose 15.00 percent in 2026. Union Pacific stock costs EUR 259.05 on October 23, 2026, down 1.58 percent versus the Xetra close.

Analyst and operating figures

Bernstein set a USD 347.00 target and kept a Buy rating on October 20, 2026.
Third-quarter 2026 operating revenue increased 15.00 percent to USD 7.20 billion.
Union Pacific stock costs EUR 259.05 at Lang & Schwarz on October 23, 2026 at 4:35 p.m. CEST, 1.58 percent below the Xetra close of October 22, 2026.
The price to earnings ratio was 22.59 and market capitalization was USD 172.4 billion as of October 23, 2026.

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Bernstein analyst Alex Irving maintained a Buy rating on Union Pacific and set a USD 347.00 price target on October 20, 2026, according to Markets Insider. The target is 19.56 percent above the NYSE price of USD 290.24 at 10:43 a.m. EDT on October 23, 2026. Union Pacific stock was trading at EUR 259.05 at Lang & Schwarz on October 23, 2026 at 4:35 p.m. CEST, down 1.58 percent versus the Xetra close of October 22, 2026 at EUR 263.20.

Revenue growth sets the tone

Union Pacific reported third-quarter 2026 operating revenue of USD 7.20 billion, up 15.00 percent from USD 6.24 billion in the third quarter of 2025. Net income increased 16.00 percent to USD 2.08 billion from USD 1.79 billion, while diluted earnings per share rose to USD 3.49 from USD 3.01. The figures came from the company's October 22, 2026 release carried by Financial Times.

Stock position and operating costs

The NYSE price of USD 290.24 stood below the 52-week high of USD 315.99 and above the 52-week low of USD 215.53 on October 23, 2026. The same quote carried a price to earnings ratio of 22.59, a market capitalization of USD 172.4 billion and a dividend yield of 2.00 percent. Higher fuel costs remain a concrete counter-factor: third-quarter fuel expense reached USD 1.04 billion, up 69.00 percent from USD 616.00 million a year earlier.

Results and capital spending

Union Pacific affirmed high-single-digit reported earnings-per-share growth for 2026 in its October 22, 2026 results release. It also set a 2026 capital plan of USD 3.50 billion, while adjusted operating ratio rose to 58.80 percent from 58.50 percent in the third quarter of 2025. The reporting period ended September 30, 2026.

Comparison with peers

Union Pacific: down 1.58 percent versus the Xetra close, price to earnings ratio 22.59, market capitalization USD 172.4 billion.

CSX Corporation (NYSE, USD): down 2.63 percent, price to earnings ratio 26.08, market capitalization USD 93.2 billion.

Norfolk Southern Corporation (NYSE, USD): down 2.98 percent, price to earnings ratio 27.46, market capitalization USD 73.7 billion.

What the target says

Bernstein's USD 347.00 target places the analyst view above the current NYSE price, while the latest quarter supplies the operating evidence behind the comparison. The 15.00 percent revenue increase came with 6.00 percent volume growth and a 58.80 percent adjusted operating ratio.

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