Union Pacific Corporation (UNP) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 47 analysts4.2% Below Target
UNP trades 4.2% below Wall Street's consensus target of $295.00.
Current Price$283.12
Average Target$295.00
Target
Current
Low$267.00
Median$297.00
High$315.00
Analyst Target Range
Forward P/E22.4x
(Fair)
PEG Ratio2.57
(Pricey)
Implied Growth+36.1%
(High Growth)
Analyst Spread16.3%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes UNP achieves its forward estimates and maintains a stable P/E multiple of 22.4x. This scenario reflects the blended consensus of 47 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
UNP Price Target Analysis
Updated July 8, 2026As of July 8, 2026, Union Pacific Corporation (UNP) has a Wall Street consensus price target of $295.00, based on estimates from 47 covering analysts. With the stock currently trading at $283.12, this represents a potential upside of +4.2%. The company has a market capitalization of $168.08B.
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 $297.00 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 23.7x and forward P/E of 22.4x. The forward PEG ratio of 2.57 reflects a premium valuation. Analysts expect EPS to grow +36.1% 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 AnalysisAvg Peer Upside
+2.2%
Industry Consensus
Avg Forward P/E
29.6x
(Growth Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 CSXCSX Corporation | $90.1B | $48.51 | $47.15 | -2.8% | Buy | 25.2x | 46 |
 NSCNorfolk Southern Corporation | $72.5B | $322.74 | $335.57 | +4.0% | Hold | 26.3x | 48 |
 CPCanadian Pacific Kansas City Ltd. | $79.6B | $88.72 | $108.40 | +22.2% | Buy | 17.2x | 43 |
 CNICanadian National Railway Company | $75.1B | $122.78 | $119.00 | -3.1% | Hold | 15.6x | 51 |
 JBHTJ.B. Hunt Transport Services, Inc. | $25.9B | $275.00 | $239.44 | -12.9% | Buy | 37.2x | 45 |
 ODFLOld Dominion Freight Line, Inc. | $44.8B | $215.51 | $219.31 | +1.8% | Hold | 39.3x | 36 |
 SAIASaia, Inc. | $11.1B | $416.00 | $453.17 | +8.9% | Buy | 36.5x | 32 |
 XPOXPO Logistics, Inc. | $23.8B | $202.79 | $220.00 | +8.5% | Buy | 41.1x | 32 |
 WERNWerner Enterprises, Inc. | $2.6B | $43.32 | $40.20 | -7.2% | Hold | 43.3x | 36 |
 TRNTrinity Industries, Inc. | $2.7B | $33.93 | $35.00 | +3.2% | Hold | 14.6x | 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?
The consensus price target for UNP is $295, close to the current price of $283.12 (4.2% implied move). Based on 47 analyst estimates, the stock appears fairly valued near current levels.
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 $295 implies 4.2% upside from current levels.
Is UNP stock overvalued or undervalued?
UNP trades at a forward P/E of 22.3929x, representing a moderate valuation. With analysts targeting $295 (4.2% implied move), the stock appears close to fair value.
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 $295 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 $295, 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 22.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 23.7x. 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?
UNP appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $295 target. Consider your investment thesis and risk tolerance. 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 $295 consensus represents the middle ground. Our model's $188-$392 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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Peer Comparison
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