Union Pacific (NYSE:UNP) Price Target Raised to $282.00 at TD Cowen

24 Apr 2026, 08:04 by Amy Steele · The Cerbat Gem

Union Pacific (NYSE:UNP – Get Free Report) had its price objective raised by investment analysts at TD Cowen from $256.00 to $282.00 in a report issued on Friday. The firm presently has a “buy” rating on the railroad operator’s stock. TD Cowen’s price target suggests a potential upside of 4.02% from the stock’s previous close.

Several other research firms have also weighed in on UNP. Barclays reissued an “overweight” rating and issued a $315.00 target price on shares of Union Pacific in a research note on Friday. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research report on Wednesday, April 15th. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Benchmark reissued a “buy” rating and set a $275.00 price objective (up from $260.00) on shares of Union Pacific in a research note on Friday, April 17th. Finally, Robert W. Baird set a $311.00 price objective on shares of Union Pacific and gave the company an “outperform” rating in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $270.19.

Read Our Latest Stock Analysis on Union Pacific

Union Pacific Trading Up 8.7%

Shares of NYSE UNP opened at $271.09 on Friday. Union Pacific has a fifty-two week low of $206.63 and a fifty-two week high of $271.26. The firm has a market capitalization of $160.86 billion, a P/E ratio of 22.65, a P/E/G ratio of 2.76 and a beta of 0.96. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The company’s 50 day simple moving average is $251.59 and its 200 day simple moving average is $238.07.

Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating the consensus estimate of $2.86 by $0.07. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter in the previous year, the company posted $2.70 EPS. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. On average, analysts predict that Union Pacific will post 12.42 EPS for the current year.

Insider Activity

In other Union Pacific news, EVP Eric J. Gehringer sold 1,999 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.22% of the stock is owned by company insiders.

Hedge Funds Weigh In On Union Pacific

Several institutional investors and hedge funds have recently modified their holdings of UNP. First Pacific Financial boosted its holdings in shares of Union Pacific by 1.6% in the first quarter. First Pacific Financial now owns 3,012 shares of the railroad operator’s stock valued at $731,000 after buying an additional 46 shares during the period. Impact Partnership Wealth LLC increased its position in shares of Union Pacific by 3.6% during the first quarter. Impact Partnership Wealth LLC now owns 1,537 shares of the railroad operator’s stock worth $373,000 after acquiring an additional 53 shares in the last quarter. SMART Wealth LLC raised its holdings in shares of Union Pacific by 4.8% during the first quarter. SMART Wealth LLC now owns 2,652 shares of the railroad operator’s stock worth $643,000 after acquiring an additional 121 shares during the period. Premier Path Wealth Partners LLC lifted its position in Union Pacific by 35.7% in the 1st quarter. Premier Path Wealth Partners LLC now owns 5,393 shares of the railroad operator’s stock valued at $1,308,000 after acquiring an additional 1,419 shares in the last quarter. Finally, Granite Harbor Advisors Inc. lifted its position in Union Pacific by 6.2% in the 1st quarter. Granite Harbor Advisors Inc. now owns 1,209 shares of the railroad operator’s stock valued at $293,000 after acquiring an additional 71 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific News Roundup

Here are the key news stories impacting Union Pacific this week:

Positive Sentiment: Q1 earnings beat and guidance affirmation — UNP reported adjusted Q1 EPS of $2.93 (above consensus) on roughly $6.22B in revenue, and management affirmed full‑year earnings guidance, signaling that pricing and productivity are offsetting some cost pressures. Union Pacific Reports First Quarter 2026 Results
Positive Sentiment: Efficiency and pricing drove margin upside — Management highlighted efficiency gains, pricing power and fuel surcharge dynamics on the earnings call as key drivers of the beat and improved profitability. These operational improvements are a near‑term catalyst for investor sentiment. Union Pacific Earnings Call Highlights Record Q1 Strength
Positive Sentiment: Progress on Norfolk Southern deal renews merger optionality — Union Pacific said it expects to resubmit a revised regulatory filing soon, which revived investor optimism about the proposed acquisition and potential synergies, supporting the stock’s rally. Norfolk Southern rallies as Union Pacific reiterates pursuit of proposed acquisition and nears renewed regulatory filing
Positive Sentiment: Shares hit a new 12‑month / 52‑week high on the combined news flow — Momentum from the beat, deal update and favorable analyst positioning helped push the stock to fresh highs. Union Pacific (NYSE:UNP) Sets New 12-Month High on Strong Earnings
Neutral Sentiment: Top-line and segment mix were mixed — some reports note weaker premium‑segment volumes and lower carloads offsetting pricing gains, leaving certain operating metrics less uniformly strong despite the overall beat. Monitor volume trends for sustainability. Union Pacific’s Q1 Earnings Beat Estimates, Revenues Increase Y/Y
Neutral Sentiment: Market is re‑pricing valuation after recent run — analysts and investors are reassessing UNP’s valuation following the share-price momentum; this could limit upside unless growth proves durable. Assessing Union Pacific (UNP) Valuation After Recent Share Price Momentum And Undervaluation Signals
Negative Sentiment: Fuel-cost warning could pressure margins — Management cautioned that higher fuel prices will weigh on margins going forward, which is a clear near‑term headwind to profit growth if fuel remains elevated. Union Pacific warns higher fuel prices to pressure margins

Union Pacific Company Profile

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Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.