Canadian National Railway (CNR) Stock Forecast & Price Target

C$167.82 +2.68 (+1.62%)

As of 04:00 PM Eastern

Compare

Canadian National Railway - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 17 Analyst Ratings

Sell
0

Hold
6

Buy
11

Based on 17 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 17 analysts, 6 have given a hold rating, 9 have given a buy rating, and 2 have given a strong buy rating for CNR.

Consensus Price Target

C$158.00
-5.85% Downside

According to the 17 analysts' twelve-month price targets for Canadian National Railway, the average price target is C$158.00. The highest price target for CNR is C$178.00, while the lowest price target for CNR is C$120.00. The average price target represents a forecasted downside of -5.85% from the current price of C$167.82.

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.

Get the Latest News and Ratings for CNR and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Canadian National Railway and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

CNR Analyst Ratings Over Time

Type	Current Forecast 6/2/25 to 6/2/26	1 Month Ago 5/3/25 to 5/3/26	3 Months Ago 3/4/25 to 3/4/26	1 Year Ago 6/2/24 to 6/2/25
Strong Buy	2 Strong Buy rating(s)	3 Strong Buy rating(s)	3 Strong Buy rating(s)	4 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)	9 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	C$158.00	C$158.00	C$152.00	C$159.43
Forecasted Upside	-5.85% Downside	3.82% Upside	0.54% Upside	10.88% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

CNR 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.

CNR 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.

Canadian National Railway Stock vs. The Competition

Type	Canadian National Railway	Industrials Companies
Consensus Rating Score	2.76	2.44
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Neutral News See Recent CNR News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
4/30/2026	Royal Bank Of Canada 3 of 5 stars		Boost Target	Outperform	C$160.00 ➝ C$178.00	+17.01%
4/30/2026	Scotia Not Rated		Boost Target	Sector Outperform	C$160.00 ➝ C$162.00	+6.49%
4/30/2026	Desjardins 4 of 5 stars		Boost Target	Buy	C$156.00 ➝ C$163.00	+7.15%
4/23/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	C$162.00 ➝ C$170.00	+9.31%
4/17/2026	ATB Cormark Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Sector Perform	C$146.00 ➝ C$150.00	-0.71%
4/15/2026	National Bank Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Sector Perform	C$147.00 ➝ C$164.00	+8.20%
4/13/2026	TD Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	C$164.00 ➝ C$171.00	+12.09%
4/9/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	C$155.00 ➝ C$160.00	+5.21%
4/7/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$147.00 ➝ C$153.00	+3.67%
3/31/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$156.00 ➝ C$163.00	+14.51%
Get the Latest News and Ratings for CNR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Canadian National Railway and its competitors with MarketBeat's FREE daily newsletter.
2/19/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$158.00 ➝ C$169.00	+12.79%
2/2/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
2/2/2026	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	C$166.00 ➝ C$164.00	+25.82%
1/8/2026	Canadian Imperial Bank of Commerce Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$151.00 ➝ C$154.00	+11.72%
1/5/2026	Vertical Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Strong-Buy
11/11/2025	Berenberg Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$148.00 ➝ C$152.00	+13.48%
11/3/2025	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	C$119.00 ➝ C$120.00	-10.78%
7/23/2025	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
7/23/2025	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target		C$145.00 ➝ C$135.00	+3.08%
6/27/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kristina Ruggeri Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold
5/6/2025	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bascome Majors Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
2/3/2025	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Rick Paterson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Hold ➝ Strong Sell
10/23/2024	Veritas Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	D. Fong Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
10/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christian Wetherbee Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight
7/24/2024	Stephens Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Daniel Imbro Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:13 PM ET.

Should I Buy Canadian National Railway Stock? CNR 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 Wednesday, May 27, 2026. Please send any questions or comments about these Canadian National Railway pros and cons to contact@marketbeat.com.

Canadian National Railway
Bull Case

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

The current stock price is around C$134.90, which is above its 200-day moving average, indicating a potential upward trend in value.
Canadian National Railway has received multiple upgrades from analysts, with a consensus rating of "Moderate Buy" and an average price target of C$152.87, suggesting positive future performance.
The company reported strong earnings of C$1.83 per share recently, reflecting robust profitability and a solid return on equity of 27.10%.
With a market capitalization of C$83.03 billion, Canadian National Railway is a significant player in the transportation sector, providing stability and growth potential for investors.
Analysts have noted the expansion of Canadian National Railway’s Certified Rail-Ready Sites program, which could enhance operational efficiency and attract new business opportunities.

Canadian National Railway
Bear Case

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

Recent reports indicate that earnings per share estimates have been trimmed for future periods, raising concerns about the company's long-term profitability.
The company has a relatively high debt-to-equity ratio of 107.59, which may indicate financial risk and could affect its ability to manage debt obligations effectively.
Despite recent upgrades, some analysts have issued neutral ratings, suggesting that there may be limited upside potential in the near term.
The stock has experienced fluctuations, with a recent decline of 0.5%, which may indicate volatility and uncertainty in the market.
Concerns about future profitability could pressure the stock, as analysts have expressed caution regarding the sustainability of earnings growth.

CNR Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian National Railway is C$158.00, with a high forecast of C$178.00 and a low forecast of C$120.00.

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

According to analysts, Canadian National Railway's stock has a predicted downside of -5.85% based on their 12-month stock forecasts.

Canadian National Railway has been rated by research analysts at ATB Cormark Capital Markets, Desjardins, JPMorgan Chase & Co., National Bank Financial, Raymond James Financial, Royal Bank Of Canada, Sanford C. Bernstein, Scotia, Scotiabank, and TD in the past 90 days.

Analysts like Canadian National Railway more than other "industrials" companies. The consensus rating for Canadian National Railway is Moderate Buy while the average consensus rating for "industrials" companies is Hold. Learn more on how CNR compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Canadian National Railway Recommendations

This page (TSE:CNR) was last updated on 6/2/2026 by MarketBeat.com Staff.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Canadian National Railway (CNR) Stock Forecast & Price Target

Canadian National Railway - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

CNR Analyst Ratings Over Time

CNR Analyst Recommendations By Month

CNR Price Targets by Month

Canadian National Railway Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Canadian National Railway
Bull Case

Canadian National Railway
Bear Case

CNR Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Canadian National Railway Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Canadian National Railway (CNR) Stock Forecast & Price Target

Canadian National Railway - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

CNR Analyst Ratings Over Time

CNR Analyst Recommendations By Month

CNR Price Targets by Month

Canadian National Railway Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Canadian National Railway Bull Case

Canadian National Railway Bear Case

CNR Forecast - Frequently Asked Questions

What is Canadian National Railway's forecast for 2026?

Should I buy or sell Canadian National Railway stock right now?

Does Canadian National Railway's stock price have much downside?

What analysts cover Canadian National Railway?

Do Wall Street analysts like Canadian National Railway more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Canadian National Railway Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Canadian National Railway
Bull Case

Canadian National Railway
Bear Case