Citi cuts target for Union Pacific stock from USD 349 to USD 338

Citi cut its Union Pacific price target from USD 349.00 to USD 338.00 on October 7, 2026, while keeping a Buy rating, according to Markets Insider. Union Pacific stock was trading at EUR 245.40 at Lang & Schwarz on October 8, 2026 at 2:58 p.m. CEST, plus 0.06 percent versus the prior close of EUR 245.25.

Three recent figures shape the story

On July 23, 2026, Union Pacific reported second-quarter revenue of USD 6.86 billion, up 11.50 percent year over year, according to MarketBeat. The same report put earnings per share at USD 3.41, above the USD 3.26 consensus estimate.

On September 24, 2026, Union Pacific announced that its third-quarter results would be released on October 22 at 7:45 a.m. ET. The release also set an 8:45 a.m. ET conference call, per the company statement from Union Pacific.

On October 7, 2026, Citi lowered its target by USD 11.00, equal to a 3.15 percent cut from USD 349.00, and retained its Buy rating. The change came as part of a third-quarter earnings preview, with higher fuel prices and rising interest rates identified as factors that could keep investors cautious.

What does the target cut change?

The new USD 338.00 target remains USD 92.60 above the EUR 245.40 Lang & Schwarz price only as a nominal cross-currency comparison is impossible, so the two figures should be read separately. Citi's revision is instead clear within its own dollar basis: the target moved from USD 349.00 to USD 338.00 while the rating stayed at Buy.

The operating backdrop offers a counterweight to that lower target. Second-quarter revenue advanced 11.50 percent, while earnings per share of USD 3.41 exceeded consensus by USD 0.15, according to MarketBeat. For investors, the next report will test whether that revenue growth continues to offset cost and volume concerns.

Results arrive on October 22

Union Pacific will publish third-quarter 2026 financial and operating results on October 22, 2026, at 7:45 a.m. ET, followed by management's 8:45 a.m. ET conference call, according to Union Pacific. The scheduled release is the next concrete test of the railroad's pricing power and earnings trajectory.

Stock stays near its yearly midpoint

As of October 7, 2026, Union Pacific had a market capitalization of USD 163.2 billion and a 52-week range of USD 215.53 to USD 315.99. The Lang & Schwarz quote was EUR 245.40 in trading on October 8, 2026 at 2:58 p.m. CEST, versus a EUR 245.25 prior close dated October 7, 2026, with a daily change of plus 0.06 percent. The further course of trading is shown by the continuously updated real-time quote of Union Pacific stock.

Market context: Market report S&P 500.

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