Canadian National Railway stock heads into October 30 results after grain record
Published on 10/07/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Canadian National Railway (ISIN CA1363751027) stock was trading at USD 116.84 on the NYSE on October 7, 2026, down 1.33 percent from the prior close. The immediate company signal is a third-quarter grain record, while the next financial checkpoint is scheduled for October 30, 2026.
Grain movement sets a record
According to GlobeNewswire on October 6, 2026, CN moved 7.94 million metric tonnes of grain from Western Canada in the third quarter.
That volume exceeded the previous quarterly record of 7.48 million metric tonnes set in 2020, a quantified sign that agricultural freight is currently supporting the railroad's network. The record does not remove exposure to trade flows, weather and commodity demand, but it gives the October results a concrete operating benchmark.
Q2 revenue rose 11 percent
Canadian National Railway's second-quarter 2026 revenue reached CAD 4,753 million, up 11 percent year over year, while diluted earnings per share climbed 10 percent to CAD 2.06, according to StockNextt in its Q2 2026 review.
The same review reports adjusted diluted EPS of CAD 2.08, up 11 percent, and operating income of CAD 1,781 million, up 9 percent. The operating ratio rose 80 basis points to 62.5 percent, making cost control a key counterweight to the freight growth.
Analysts keep a Moderate Buy view
According to MarketBeat, 18 analysts had a Moderate Buy consensus, split between 9 Buy ratings and 9 Hold ratings. The average target was USD 137.31, with a USD 100.00 low and a USD 205.00 high.
The average target stood 17.9 percent above the USD 116.84 intraday price, calculated from the same currency. MarketBeat also lists Susquehanna's October 2, 2026, move from USD 142.00 to USD 130.00 with a Neutral rating, showing that the consensus remains positive while one recent house view became more cautious.
October 30 is the next checkpoint
CN will release third-quarter 2026 financial and operating results before the market opens on October 30, 2026, and management will discuss the railway outlook at 8:30 a.m. ET, according to GlobeNewswire on October 6, 2026.
For investors, the key test is whether the grain record and the Q2 revenue increase translate into broader volume and earnings delivery. The stock's intraday range on October 7, 2026, was USD 116.76 to USD 118.44, while the 52-week range was USD 90.74 to USD 131.55.
Stock trades below its yearly high
Canadian National Railway stock was trading at USD 116.84 on the NYSE at 10:12 a.m. ET on October 7, 2026. Its market capitalization was USD 70.7 billion, and volume stood at 58,462 shares at that time.
Canadian National Railway stock facts
- Company: Canadian National Railway Company
- ISIN: CA1363751027
- Ticker: CNI
- Trading venue: NYSE
- Price (as of October 7, 2026, 10:12 a.m. ET): USD 116.84
- Market capitalization: USD 70.7 billion (as of October 7, 2026)
- 52-week range: USD 90.74-131.55 (as of October 7, 2026)
- Sector / Industry: Industrials / Railroads
- Index membership: S&P/TSX 60
Upcoming dates for Canadian National Railway stock
- October 30, 2026: Third-quarter 2026 financial and operating results
