CANADIAN NATL RAILWAY CO (CNR.CA) Forecast, Price Target & Analyst Ratings

TSX:CNR • CA1363751027

Current stock price

140.64 CAD
-0.05 (-0.04%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CANADIAN NATL RAILWAY CO (CNR.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$158.81
+ 12.92% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
CA$1.81
Revenue Estimate
4.351B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
72.14%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$158.81
Upside
+ 12.92%
From current price of CA$140.64 to mean target of CA$158.81, Based on 28 analyst forecasts
Low
CA$136.35
Median
CA$159.12
High
CA$199.50

Price Target Revisions

1 Month
0.12%
3 Months
-0.38%

Price Target Summary

28 Wall Street analysts provided a forecast for the next 12 months for CNR.CA. The average price target is 158.81 CAD. This implies a price increase of 12.92% is expected in the next year compared to the current price of 140.64.
The average price target has been revised downward by 0.38% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CNR Current Analyst RatingCNR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

CNR Historical Analyst RatingsCNR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
72.14%
CNR.CA was analyzed by 28 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about CNR.CA.
In the previous month the buy percentage consensus was at a similar level.
CNR.CA was analyzed by 28 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-01-27RAYMOND JAMES LTD.Maintains Outperform -> Outperform
2026-01-26CIBC Capital MarketsUpgrade Neutral -> Outperform
2025-12-12Desjardins SecuritiesMaintains Buy -> Buy
2025-07-17TD CowenMaintains Buy -> Buy
2025-04-05SCOTIABANK GBMMaintains Outperform -> Outperform
2022-12-14CIBC Capital MarketsDowngrade Neutral
2022-12-02BMO FinancialUpgrade
2022-11-29Morningstar Inc.Downgrade Sell
2022-11-29Scotiabank CapitalMaintains Sector Perform
2022-11-29STA ResearchMaintains Hold
2022-10-26Morningstar Inc.Maintains Hold
2022-10-26JP Morgan & CompanyUpgrade
2022-10-26BMO FinancialUpgrade
2022-10-26CIBC Capital MarketsUpgrade Outperform
2022-10-26Scotiabank CapitalUpgrade Sector Perform
2022-10-26STA ResearchMaintains Hold
2022-10-26UBSUpgrade
2022-10-26BarclaysUpgrade
2022-10-17Stifel Nicolaus ResearchInitiate Hold
2022-10-07CIBC Capital MarketsDowngrade
2022-10-04Morningstar Inc.Upgrade Hold
2022-10-04STA ResearchMaintains Hold
2022-09-28Susquehanna BancsharesInitiate Hold
2022-09-23RBC RoyalbankDowngrade Sector Perform
2022-09-22National Bank of Canada FinancialUpgrade Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
CA$1.81
Revenue Estimate
4.351B
Revenue Q2Q
-1.18%
EPS Q2Q
-2.42%
Number of Analysts
21

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-5.29%
EPS (1 Month)
0.03%
EPS (3 Months)
-5.87%

Next Earnings Summary

CNR.CA is expected to report earnings on 4/29/2026. The consensus EPS estimate for the next earnings is 1.81 CAD and the consensus revenue estimate is 4.35B CAD.
The next earnings revenue estimate has been revised downward by 5.29% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
CNR.CA revenue by date.CNR.CA revenue by date.
16.828B
-1.63%		17.046B
1.30%		17.304B
1.51%		17.794B
2.83%		18.685B
5.01%		19.657B
5.20%		20.935B
6.50%		22.218B
6.13%
EBITDA
YoY % growth
CNR.CA ebitda by date.CNR.CA ebitda by date.
8.414B
-1.81%		8.217B
-2.34%		8.525B
3.75%		8.973B
5.26%		9.464B
5.47%		10.001B
5.67%		10.62B
6.19%		N/A
EBIT
YoY % growth
CNR.CA ebit by date.CNR.CA ebit by date.
6.597B
-3.55%		6.325B
-4.12%		6.587B
4.14%		6.891B
4.62%		7.358B
6.78%		7.858B
6.80%		8.614B
9.62%		9.488B
10.15%
Operating Margin
CNR.CA operating margin by date.CNR.CA operating margin by date.
39.20%37.11%38.07%38.73%39.38%39.98%41.15%42.70%
EPS
YoY % growth
CNR.CA eps by date.CNR.CA eps by date.
7.29
-2.54%		7.10
-2.61%		7.63
7.46%		7.93
3.97%		8.78
10.69%		9.66
10.03%		10.86
12.39%		12.56
15.68%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		1.81
-2.42%		1.97
5.44%		2.09
14.20%		2.21
6.25%		2.13
18.05%		2.26
14.74%		2.32
11.04%		2.46
11.51%
Revenue
Q2Q % growth		4.351B
-1.18%		4.433B
3.77%		4.403B
5.71%		4.761B
6.65%		4.697B
7.95%		4.734B
6.79%		4.654B
5.70%		5.027B
5.59%
EBITDA
Q2Q % growth		2.081B
-1.05%		2.216B
-15.42%		2.267B
-26.59%		2.388B
-34.95%		2.299B
10.48%		2.376B
7.22%		2.453B
8.20%		2.566B
7.45%
EBIT
Q2Q % growth		1.574B
-2.24%		1.722B
5.13%		1.72B
7.10%		1.864B
7.56%		1.749B
11.12%		1.857B
7.84%		1.883B
9.48%		2.031B
8.96%

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CNR.CA Yearly Revenue VS EstimatesCNR.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
CNR.CA Yearly EPS VS EstimatesCNR.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
8.19%
EPS Next 5 Year
10.48%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.02%
Revenue Next 5 Year
4.93%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
14.62%
EBIT Next 5 Year
12.45%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CANADIAN NATL RAILWAY CO / CNR.CA Forecast FAQ

Can you provide the average price target for CANADIAN NATL RAILWAY CO stock?

28 analysts have analysed CNR.CA and the average price target is 158.81 CAD. This implies a price increase of 12.92% is expected in the next year compared to the current price of 140.64.

When does CANADIAN NATL RAILWAY CO (CNR.CA) report earnings?

CANADIAN NATL RAILWAY CO (CNR.CA) will report earnings on 2026-04-29, after the market close.

What are the consensus estimates for CANADIAN NATL RAILWAY CO (CNR.CA) next earnings?

The consensus EPS estimate for the next earnings of CANADIAN NATL RAILWAY CO (CNR.CA) is 1.81 CAD and the consensus revenue estimate is 4.35B CAD.

What is the consensus rating for CNR stock?

The consensus rating for CANADIAN NATL RAILWAY CO (CNR.CA) is 72.1429 / 100 . This indicates that analysts generally have a positive outlook on the stock.