Union Pacific Corporation (UNP) Price Target Analysis

Updated Jun 18, 2026

Analyst Rating: Buy

Based on 47 analysts

14.2% Below Target

UNP trades 14.2% below Wall Street's consensus target of $293.30.

Current Price$256.88

Average Target$293.30

Target

Current

Low$267.00

Median$294.50

High$315.00

Analyst Target Range

Forward P/E20.4x

(Fair)

PEG Ratio2.34

(Pricey)

Implied Growth+35.7%

(High Growth)

Analyst Spread16.4%

(High Agreement)

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$256.88

Consensus$293.30

High$315.00

Low$267.00

Consensus Scenario Assumptions

The base valuation assumes UNP achieves its forward estimates and maintains a stable P/E multiple of 20.4x. This scenario reflects the blended consensus of 47 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.

Analyst Ratings Distribution

Breakdown of 47 published analyst recommendations for UNP

28/47 analysts are bullish

BearishBullish

Weighted analyst sentiment score based on 47 ratings

ConsensusBuy

Coverage47 Analysts

Net Score+30

Bull / Bear60% / 2%

Strong Buy12%

Buy2757%

Hold1838%

Sell12%

Strong Sell00%

Strong Buy

12%

Buy

2757%

Hold

1838%

Sell

12%

Strong Sell

00%

Recommendation Mix60% Buy · 38% Hold · 2% Sell

Buy (28)Hold (18)Sell (1)

UNP Price Target Analysis

Updated June 22, 2026

As of June 22, 2026, Union Pacific Corporation (UNP) has a Wall Street consensus price target of $293.30, based on estimates from 47 covering analysts. With the stock currently trading at $256.88, this represents a potential upside of +14.2%. The company has a market capitalization of $152.50B.

Analyst price targets range from a low of $267.00 to a high of $315.00, representing a 16% spread in expectations. The median target of $294.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Buy, with 28 analysts rating the stock as a Buy or Strong Buy,18 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.

From a valuation perspective, UNP trades at a trailing P/E of 21.5x and forward P/E of 20.4x. The forward PEG ratio of 2.34 reflects a premium valuation. Analysts expect EPS to grow +35.7% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $297.63, with bear and bull scenarios of $187.51 and $392.15 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.

Analyst Sentiment Comparison

Industry Peer Analysis

Avg Peer Upside

+3.4%

Industry Consensus

Avg Forward P/E

29.4x

(Growth Premium)

Peers with Coverage

10 / 10

Active Analyst Tracking

Company	Market Cap	Price	Target	Upside Potential	Rating	Fwd P/E	Analysts
CSXCSX Corporation	$84.8B	$45.63	$46.15	+1.1%	Buy	23.8x	46
NSCNorfolk Southern Corporation	$67.4B	$300.08	$335.57	+11.8%	Hold	24.7x	48
CPCanadian Pacific Kansas City Ltd.	$77.2B	$86.03	$106.60	+23.9%	Buy	16.8x	43
CNICanadian National Railway Company	$69.4B	$113.43	$112.33	-1.0%	Hold	14.5x	51
JBHTJ.B. Hunt Transport Services, Inc.	$25.7B	$271.22	$237.25	-12.5%	Buy	36.8x	45
ODFLOld Dominion Freight Line, Inc.	$46.1B	$221.04	$217.50	-1.6%	Hold	40.5x	36
SAIASaia, Inc.	$11.6B	$435.12	$448.75	+3.1%	Buy	38.3x	32
XPOXPO Logistics, Inc.	$23.4B	$199.50	$220.00	+10.3%	Buy	40.5x	32
WERNWerner Enterprises, Inc.	$2.4B	$40.69	$39.70	-2.4%	Hold	42.8x	36
TRNTrinity Industries, Inc.	$2.8B	$34.47	$35.00	+1.5%	Hold	14.8x	25

UNP — Frequently Asked Questions

Quick answers to the most common questions about buying UNP stock.

What is the UNP stock price target for 2026?

Union Pacific Corporation (UNP) has a consensus 12-month price target of $293.3, implying 14.2% upside from $256.88. The 47 analysts covering UNP see moderate appreciation potential.

Is UNP a buy, sell, or hold?

UNP has a consensus rating of "Buy" based on 47 Wall Street analysts. The rating breakdown is predominantly bullish, with 28 Buy/Strong Buy ratings. The consensus 12-month price target of $293.3 implies 14.2% upside from current levels.

Is UNP stock overvalued or undervalued?

UNP trades at a forward P/E of 20.3854x, representing a moderate valuation. With analysts targeting $293.3 (14.2% implied move), the stock appears reasonably valued with upside.

How high can UNP stock go?

The most bullish Wall Street analyst has a price target of $315 for UNP, while the most conservative target is $267. The consensus of $293.3 represents the median expectation. Our quantitative valuation model projects a bull case target of $392 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover UNP stock?

UNP is heavily covered by Wall Street, with 47 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 27 have Buy ratings, 18 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the UNP stock forecast?

The 12-month UNP stock forecast based on 47 Wall Street analysts shows a consensus price target of $293.3, with estimates ranging from $267 (bear case) to $315 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $298, with bear/bull scenarios of $188/$392.

What is UNP's fair value based on fundamentals?

Our quantitative valuation model calculates UNP's fair value at $298 (base case), with a bear case of $188 and bull case of $392. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.

What is UNP's forward P/E ratio?

UNP trades at a forward P/E ratio of 20.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 21.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy UNP stock?

Wall Street analysts are optimistic on UNP, with a "Buy" consensus rating and $293.3 price target (14.2% upside). 28 of 47 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do UNP price targets vary so much?

UNP analyst price targets range from $267 to $315, a 16% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $293.3 consensus represents the middle ground. Our model's $188-$392 range provides an independent fundamental perspective.

Consensus-Based Analysis Tools