Canadian National Railway stock heads toward October 30 results

Published on 10/06/2026 at 17:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canadian National Railway stock traded at USD 118.83 on October 6, 2026, down 0.41 percent. Q2 revenue reached CAD 4.753 billion.

CNI, CA1363751027, Illustration mit AI erstellt.

Canadian National Railway (ISIN CA1363751027) stock was trading at USD 118.83 on the NYSE on October 6, 2026 at 11:11 a.m. ET, down 0.41 percent from the prior close. The next scheduled company checkpoint is the third-quarter report on October 30, 2026, according to Canadian National Railway.

October 30 results set the next test

CN will release its third-quarter 2026 financial and operating results before the market opens on October 30, 2026, followed by a conference call at 8:30 a.m. ET, the company calendar states. That date gives investors a defined checkpoint after the latest operating update and the recent analyst revisions.

In Q2 2026, revenue reached CAD 4.753 billion, up from CAD 4.379 billion in Q1 2026. Net income attributable to common shareholders rose from CAD 1.146 billion in Q1 to CAD 1.249 billion in Q2, according to Investing.com.

Analysts lower targets ahead of results

JPMorgan analyst Brian Ossenbeck cut the Canadian-dollar price target to CAD 178 from CAD 182 on October 5, 2026, while retaining a Neutral rating, as reported by Markets Insider. The report cited a Q3 earnings preview and rising hiring costs as pressure points.

The wider analyst picture remains more constructive. MarketBeat reported a Moderate Buy consensus from 18 analysts, with nine Buy and nine Hold ratings and an average target of USD 137.31. That target is 15.6 percent above the October 6 price, leaving the consensus materially more optimistic than JPMorgan's latest single-house view.

Stock remains below its yearly high

At USD 118.83, the stock stood USD 12.72 below its 52-week high of USD 131.55 and USD 28.09 above its 52-week low of USD 90.74. Trading volume was 260,975 shares, while market capitalization was USD 71.9 billion on October 6, 2026.

For investors, the October 30 results now provide the clearest test of whether Q2 revenue growth can continue while labor and operating costs receive greater analyst attention.

Canadian National Railway stock trades below its high

Canadian National Railway stock was last trading at USD 118.83 on the NYSE on October 6, 2026 at 11:11 a.m. ET, with a 52-week range of USD 90.74 to USD 131.55.