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Canadian National Railway (CNI) Stock Forecast & Price Target

Canadian National Railway logo
$104.34 -1.33 (-1.25%)
Closing price 03:59 PM Eastern
Extended Trading
$104.44 +0.09 (+0.09%)
As of 04:39 PM Eastern
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Canadian National Railway - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
6
Buy
12

Based on 20 Wall Street analysts who have issued ratings for Canadian National Railway in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 20 analysts, 2 have given a sell rating, 6 have given a hold rating, 9 have given a buy rating, and 3 have given a strong buy rating for CNI.

Consensus Price Target

$120.36
15.35% Upside
According to the 20 analysts' twelve-month price targets for Canadian National Railway, the average price target is $120.36. The highest price target for CNI is $163.00, while the lowest price target for CNI is $101.00. The average price target represents a forecasted upside of 15.35% from the current price of $104.35.
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CNI Analyst Ratings Over Time

TypeCurrent Forecast
6/11/24 to 6/11/25
1 Month Ago
5/12/24 to 5/12/25
3 Months Ago
3/13/24 to 3/13/25
1 Year Ago
6/12/23 to 6/11/24
Strong Buy
3 Strong Buy rating(s)
3 Strong Buy rating(s)
4 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
2 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
17 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$120.36$119.27$124.19$132.64
Forecasted Upside15.35% Upside13.90% Upside29.37% Upside7.69% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

CNI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CNI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Canadian National Railway Stock vs. The Competition

TypeCanadian National RailwayTransportation CompaniesS&P 500
Consensus Rating Score
2.65
2.59
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside13.90% Upside41.03% Upside12.64% Upside
News Sentiment Rating
Neutral News

See Recent CNI News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/9/2025Citigroup
3 of 5 stars
 Boost TargetBuy$117.00 ➝ $124.00+18.06%
6/5/2025Royal Bank of Canada
3 of 5 stars
Walter Spracklin
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Reiterated RatingOutperform ➝ Outperform$163.00+53.34%
5/16/2025Bank of America
4 of 5 stars
Ken Hoexter
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Boost TargetNeutral ➝ Neutral$105.00 ➝ $115.00+6.74%
5/6/2025Susquehanna
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B. Majors
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UpgradeNeutral ➝ Positive$120.00+21.52%
5/2/2025Stephens
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Daniel Imbro
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Boost TargetEqual Weight ➝ Equal Weight$105.00 ➝ $109.00+8.84%
5/2/2025Evercore ISI
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J. Chappell
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Lower TargetOutperform ➝ Outperform$119.00 ➝ $114.00+15.54%
5/2/2025Barclays
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Brandon Oglenski
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Lower TargetEqual Weight ➝ Equal Weight$104.00 ➝ $101.00+2.23%
4/22/2025Raymond James
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S. Hansen
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DowngradeModerate Buy ➝ Hold
4/14/2025Stifel Nicolaus
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Benjamin Nolan
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Lower TargetBuy ➝ Buy$125.00 ➝ $115.00+15.13%
4/9/2025Jefferies Financial Group
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Stephanie Moore
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Lower TargetBuy ➝ Buy$120.00 ➝ $110.00+18.02%
2/3/2025Loop Capital
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Rick Paterson
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DowngradeHold ➝ Sell
1/13/2025TD Securities
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C. Radbourne
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UpgradeHold ➝ Strong-Buy
1/13/2025Wells Fargo & Company
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C. Wetherbee
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Lower TargetOverweight ➝ Overweight$125.00 ➝ $123.00+23.67%
1/7/2025JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight
10/24/2024Benchmark
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 Reiterated RatingHold
10/23/2024Veritas
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D. Fong
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UpgradeHold ➝ Strong-Buy
10/9/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$131.00 ➝ $124.00+9.16%
10/9/2024Sanford C. Bernstein
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D. Vernon
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Lower TargetMarket Perform ➝ Market Perform$130.67 ➝ $126.29+11.18%
7/10/2024Scotiabank
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K. Gupta
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UpgradeHold ➝ Strong-Buy
6/27/2024National Bank Financial
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C. Doerksen
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UpgradeSector Perform ➝ Outperform
1/10/2024CIBC
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 DowngradeSector Outperform ➝ Neutral
1/8/2024Susquehanna Bancshares
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 Boost TargetNeutral$115.00 ➝ $143.00+14.83%
11/27/2023Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold$125.00 ➝ $121.00+4.93%
8/1/2023Argus
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 DowngradeBuy ➝ Hold
7/26/2023Desjardins
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B. Poirier
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Lower TargetC$184.00 ➝ C$181.00
7/26/2023BMO Capital Markets
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 Lower TargetC$177.00 ➝ C$175.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:49 PM ET.


Should I Buy Canadian National Railway Stock? CNI Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 6, 2025. Please send any questions or comments about these Canadian National Railway pros and cons to contact@marketbeat.com.

Canadian National Railway
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Canadian National Railway:

  • The current stock price is around $106, which may present a buying opportunity for investors looking for growth potential.
  • Recent earnings reports showed that Canadian National Railway exceeded earnings expectations, indicating strong operational performance.
  • The company has a solid return on equity of 22.48%, suggesting effective management and profitability relative to shareholder equity.
  • Canadian National Railway recently increased its dividend to $0.8875 per share, reflecting a commitment to returning value to shareholders.
  • Analysts have a consensus rating of "Moderate Buy" with a price target of approximately $119.52, indicating potential upside in the stock price.

Canadian National Railway
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Canadian National Railway for these reasons:

  • The company reported revenue of $3.06 billion, which fell short of analysts' expectations, raising concerns about future growth.
  • There are two sell ratings among analysts, indicating some skepticism about the stock's performance.
  • The stock has a relatively high price-to-earnings ratio of 20.73, which may suggest that it is overvalued compared to its earnings.
  • Canadian National Railway's current ratio of 0.66 indicates potential liquidity issues, as it may struggle to cover short-term liabilities.
  • The company has a beta of 0.98, suggesting that its stock price is likely to move in line with the market, which may not appeal to investors seeking higher volatility for greater returns.

CNI Forecast - Frequently Asked Questions

According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian National Railway is $120.36, with a high forecast of $163.00 and a low forecast of $101.00.

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last year. There are currently 2 sell ratings, 6 hold ratings, 9 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CNI shares.

According to analysts, Canadian National Railway's stock has a predicted upside of 15.35% based on their 12-month stock forecasts.

Over the previous 90 days, Canadian National Railway's stock had 1 upgrade and 1 downgrade by analysts.

Canadian National Railway has been rated by research analysts at Bank of America, Barclays, Citigroup, Evercore ISI, Jefferies Financial Group, Raymond James, Royal Bank of Canada, Stephens, Stifel Nicolaus, and Susquehanna in the past 90 days.

Analysts like Canadian National Railway more than other "transportation" companies. The consensus rating score for Canadian National Railway is 2.65 while the average consensus rating score for "transportation" companies is 2.59. Learn more on how CNI compares to other companies.


This page (NYSE:CNI) was last updated on 6/11/2025 by MarketBeat.com Staff
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