Canadian National Railway Company (CNI) Stock Forecast, Price Target & Predictions
CNI Stock Forecast
Canadian National Railway Company stock forecast is as follows: an average price target of $128.71 (represents a 20.62% upside from CNI’s last price of $106.71) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.
CNI Price Target
The average price target for Canadian National Railway Company (CNI) is $128.71 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $143.23 to $119.00. This represents a potential 20.62% upside from CNI's last price of $106.71.
CNI Analyst Ratings
According to 21 Wall Street analysts, Canadian National Railway Company's rating consensus is 'Buy'. The analyst rating breakdown for CNI stock is 0 'Strong Buy' (0.00%), 13 'Buy' (61.90%), 8 'Hold' (38.10%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Canadian National Railway Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 11, 2024 | Benjamin Nolan | Stifel Nicolaus | $130.00 | $115.89 | 12.18% | 21.83% |
| Oct 08, 2024 | Ariel Rosa | Citigroup | $125.00 | $113.44 | 10.19% | 17.14% |
| Oct 04, 2024 | Ken Hoexter | National Bank | $122.00 | $113.54 | 7.45% | 14.33% |
| Sep 25, 2024 | Jonathan Chappell | Evercore ISI | $119.00 | $117.91 | 0.92% | 11.52% |
| Sep 11, 2024 | Ken Hoexter | Bank of America Securities | $129.00 | $115.78 | 11.42% | 20.89% |
| Jul 24, 2024 | Christian Wetherbee | Wells Fargo | $125.00 | $119.98 | 4.18% | 17.14% |
| Jul 24, 2024 | Brandon Oglenski | National Bank | $120.00 | $119.98 | 0.02% | 12.45% |
| Jul 17, 2024 | Benjamin Nolan | Stifel Nicolaus | $137.00 | $122.39 | 11.94% | 28.39% |
| Jul 08, 2024 | David Vernon | National Bank | $130.67 | $117.92 | 10.81% | 22.45% |
| Jun 06, 2024 | Christian Wetherbee | Wells Fargo | $130.00 | $126.64 | 2.65% | 21.83% |
The latest Canadian National Railway Company stock forecast, released on Oct 11, 2024 by Benjamin Nolan from Stifel Nicolaus, set a price target of $130.00, which represents a 12.18% increase from the stock price at the time of the forecast ($115.89), and a 21.83% increase from CNI last price ($106.71).
Canadian National Railway Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 14 |
| Avg Price Target | - | $125.00 | $129.41 |
| Last Closing Price | $106.71 | $106.71 | $106.71 |
| Upside/Downside | -100.00% | 17.14% | 21.27% |
In the current month, the average price target of Canadian National Railway Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Canadian National Railway Company's last price of $106.71. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 12, 2024 | Citigroup | Neutral | Buy | Upgrade |
| Oct 23, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 23, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Oct 10, 2024 | RBC Capital | Sector Perform | Outperform | Upgrade |
| Oct 08, 2024 | Citigroup | - | Neutral | Initialise |
| Oct 07, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Oct 04, 2024 | Bank of America Securities | Buy | Neutral | Downgrade |
| Sep 30, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 25, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 12, 2024 | National Bank | Outperform | Outperform | Hold |
Canadian National Railway Company's last stock rating was published by Citigroup on Nov 12, 2024. The company Upgrade its CNI rating from "Neutral" to "Buy".
Canadian National Railway Company Financial Forecast
Canadian National Railway Company Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.47B | - | - | $4.31B | $4.54B | $4.51B | $4.34B | $3.71B | $3.75B | $3.59B | $3.60B | $3.54B | $3.66B | $3.41B |
| Avg Forecast | $5.03B | $4.83B | $4.88B | $4.70B | $4.84B | $4.43B | $4.57B | $4.46B | $4.55B | $4.19B | $4.30B | $4.18B | $4.31B | $4.07B | $4.39B | $4.29B | $4.37B | $4.03B | $4.13B | $4.26B | $4.45B | $4.28B | $4.10B | $3.67B | $3.70B | $3.50B | $3.64B | $3.55B | $3.65B | $3.47B |
| High Forecast | $5.23B | $5.02B | $5.07B | $4.88B | $5.03B | $4.60B | $4.75B | $4.63B | $4.73B | $4.35B | $4.46B | $4.34B | $4.60B | $4.23B | $4.56B | $4.45B | $4.48B | $4.30B | $4.29B | $4.42B | $4.62B | $4.28B | $4.10B | $3.67B | $3.70B | $3.50B | $3.64B | $3.55B | $3.65B | $3.47B |
| Low Forecast | $4.90B | $4.70B | $4.75B | $4.57B | $4.71B | $4.31B | $4.45B | $4.34B | $4.43B | $4.08B | $4.18B | $4.05B | $4.22B | $3.97B | $4.28B | $4.17B | $4.28B | $3.83B | $4.02B | $4.14B | $4.33B | $4.28B | $4.10B | $3.67B | $3.70B | $3.50B | $3.64B | $3.55B | $3.65B | $3.47B |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 16 | 8 | 6 | 4 | 8 | 23 | 14 | 13 | 20 | 18 | 17 | 16 | 11 | 11 | 11 | 22 | 11 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | - | - | 1.01% | 1.02% | 1.05% | 1.06% | 1.01% | 1.01% | 1.03% | 0.99% | 0.99% | 1.00% | 0.98% |
Canadian National Railway Company's average Quarter revenue forecast for Mar 24 based on 4 analysts is $4.29B, with a low forecast of $4.17B, and a high forecast of $4.45B. CNI's average Quarter revenue forecast represents a -4.14% decrease compared to the company's last Quarter revenue of $4.47B (Dec 23).
Canadian National Railway Company EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 16 | 8 | 6 | 4 | 8 | 23 | 14 | 13 | 20 | 18 | 17 | 16 | 11 | 11 | 11 | 22 | 11 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.99B | - | - | $2.38B | $2.60B | $2.63B | $2.46B | $1.91B | $2.08B | $2.70B | $1.94B | $1.82B | $1.89B | $1.83B |
| Avg Forecast | $2.69B | $2.58B | $2.61B | $2.51B | $2.59B | $2.37B | $2.44B | $2.38B | $2.43B | $2.24B | $2.30B | $2.23B | $2.31B | $2.18B | $2.35B | $2.57B | $2.34B | $2.15B | $2.21B | $2.34B | $2.07B | $2.35B | $2.24B | $1.85B | $2.03B | $1.92B | $2.00B | $1.84B | $2.00B | $1.90B |
| High Forecast | $2.80B | $2.69B | $2.71B | $2.61B | $2.69B | $2.46B | $2.54B | $2.48B | $2.53B | $2.33B | $2.39B | $2.32B | $2.46B | $2.26B | $2.44B | $3.08B | $2.40B | $2.30B | $2.29B | $2.80B | $2.48B | $2.35B | $2.24B | $2.22B | $2.03B | $1.92B | $2.00B | $2.21B | $2.00B | $1.90B |
| Low Forecast | $2.62B | $2.52B | $2.54B | $2.45B | $2.52B | $2.31B | $2.38B | $2.32B | $2.37B | $2.18B | $2.24B | $2.17B | $2.26B | $2.12B | $2.29B | $2.06B | $2.29B | $2.05B | $2.15B | $1.87B | $1.65B | $2.35B | $2.24B | $1.48B | $2.03B | $1.92B | $2.00B | $1.47B | $2.00B | $1.90B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | - | - | 1.02% | 1.26% | 1.12% | 1.10% | 1.03% | 1.03% | 1.41% | 0.97% | 0.99% | 0.95% | 0.97% |
4 analysts predict CNI's average Quarter EBITDA for Mar 24 to be $2.57B, with a high of $3.08B and a low of $2.06B. This is 29.31% upper than Canadian National Railway Company's previous annual EBITDA (Dec 23) of $1.99B.
Canadian National Railway Company Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 16 | 8 | 6 | 4 | 8 | 23 | 14 | 13 | 20 | 18 | 17 | 16 | 11 | 11 | 11 | 22 | 11 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.13B | - | - | $1.22B | $1.42B | $1.46B | $1.32B | $918.00M | $1.20B | $1.69B | $1.03B | $974.00M | $1.02B | $985.00M |
| Avg Forecast | $1.65B | $1.54B | $1.56B | $1.35B | $1.55B | $1.39B | $1.38B | $1.25B | $1.37B | $1.24B | $1.23B | $1.12B | $1.25B | $1.08B | $1.22B | $1.34B | $1.26B | $1.08B | $1.14B | $1.22B | $1.12B | $1.27B | $1.12B | $964.23M | $968.58M | $895.38M | $940.99M | $981.85M | $906.13M | $920.09M |
| High Forecast | $1.74B | $1.62B | $1.64B | $1.42B | $1.63B | $1.46B | $1.45B | $1.32B | $1.44B | $1.30B | $1.30B | $1.20B | $1.62B | $1.13B | $1.25B | $1.61B | $1.30B | $1.22B | $1.20B | $1.46B | $1.34B | $1.27B | $1.12B | $1.16B | $968.58M | $895.38M | $940.99M | $1.18B | $906.13M | $920.09M |
| Low Forecast | $1.59B | $1.49B | $1.51B | $1.30B | $1.49B | $1.34B | $1.33B | $1.21B | $1.33B | $1.20B | $1.19B | $1.07B | $1.16B | $1.04B | $1.19B | $1.07B | $1.21B | $977.62M | $1.10B | $975.80M | $892.15M | $1.27B | $1.12B | $771.38M | $968.58M | $895.38M | $940.99M | $785.48M | $906.13M | $920.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.69% | - | - | 1.00% | 1.27% | 1.15% | 1.18% | 0.95% | 1.24% | 1.88% | 1.10% | 0.99% | 1.13% | 1.07% |
Canadian National Railway Company's average Quarter net income forecast for Mar 24 is $1.34B, with a range of $1.07B to $1.61B. CNI's average Quarter net income forecast represents a -37.01% decrease compared to the company's last Quarter net income of $2.13B (Dec 23).
Canadian National Railway Company SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 16 | 8 | 6 | 4 | 8 | 23 | 14 | 13 | 20 | 18 | 17 | 16 | 11 | 11 | 11 | 22 | 11 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $247.00M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $214.15M | $205.65M | $207.62M | $199.96M | $206.05M | $188.60M | $194.37M | $189.71M | $193.59M | $178.33M | $182.80M | $177.78M | $183.41M | $173.36M | $186.96M | $182.34M | $186.04M | $171.34M | $175.72M | $181.09M | $189.24M | $253.18M | $241.98M | $216.80M | $218.54M | $206.55M | $215.37M | $209.98M | $215.70M | $204.93M |
| High Forecast | $222.46M | $213.62M | $215.68M | $207.72M | $214.05M | $195.92M | $201.91M | $197.07M | $201.10M | $185.25M | $189.89M | $184.83M | $195.60M | $180.09M | $194.22M | $189.41M | $190.64M | $182.76M | $182.54M | $188.12M | $196.58M | $253.18M | $241.98M | $216.80M | $218.54M | $206.55M | $215.37M | $209.98M | $215.70M | $204.93M |
| Low Forecast | $208.43M | $200.15M | $202.07M | $194.62M | $200.54M | $183.56M | $189.18M | $184.64M | $188.41M | $173.56M | $177.91M | $172.36M | $179.53M | $168.73M | $181.96M | $177.46M | $182.02M | $163.07M | $171.02M | $176.25M | $184.18M | $253.18M | $241.98M | $216.80M | $218.54M | $206.55M | $215.37M | $209.98M | $215.70M | $204.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | - | - | - | - | - | - | - | - | - | - | - | - | - |
Canadian National Railway Company's average Quarter SG&A projection for Mar 24 is $182.34M, based on 4 Wall Street analysts, with a range of $177.46M to $189.41M. The forecast indicates a -26.18% fall compared to CNI last annual SG&A of $247.00M (Dec 23).
Canadian National Railway Company EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 16 | 8 | 6 | 4 | 8 | 23 | 14 | 13 | 20 | 18 | 17 | 16 | 11 | 11 | 11 | 22 | 11 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.30 | - | - | $1.83 | $2.10 | $2.13 | $1.92 | $1.31 | $1.71 | $2.38 | $1.46 | $1.37 | $1.44 | $1.39 |
| Avg Forecast | $2.60 | $2.42 | $2.45 | $2.12 | $2.43 | $2.19 | $2.17 | $1.97 | $2.16 | $1.95 | $1.94 | $1.76 | $1.97 | $1.70 | $1.93 | $1.72 | $1.99 | $1.70 | $1.79 | $1.72 | $2.07 | $1.99 | $1.77 | $1.39 | $1.52 | $1.41 | $1.48 | $1.23 | $1.42 | $1.45 |
| High Forecast | $2.73 | $2.54 | $2.58 | $2.23 | $2.56 | $2.30 | $2.28 | $2.07 | $2.27 | $2.05 | $2.04 | $1.88 | $2.55 | $1.78 | $1.97 | $1.72 | $2.04 | $1.92 | $1.88 | $1.81 | $2.17 | $1.99 | $1.77 | $1.39 | $1.52 | $1.41 | $1.48 | $1.23 | $1.42 | $1.45 |
| Low Forecast | $2.51 | $2.34 | $2.37 | $2.05 | $2.35 | $2.11 | $2.10 | $1.90 | $2.08 | $1.88 | $1.87 | $1.68 | $1.82 | $1.64 | $1.88 | $1.71 | $1.90 | $1.54 | $1.73 | $1.66 | $1.99 | $1.99 | $1.77 | $1.39 | $1.52 | $1.41 | $1.48 | $1.23 | $1.42 | $1.45 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.66% | - | - | 1.06% | 1.02% | 1.07% | 1.09% | 0.94% | 1.12% | 1.69% | 0.99% | 1.11% | 1.01% | 0.96% |
According to 4 Wall Street analysts, Canadian National Railway Company's projected average Quarter EPS for Mar 24 is $1.72, with a low estimate of $1.71 and a high estimate of $1.72. This represents a -48.02% decrease compared to CNI previous annual EPS of $3.30 (Dec 23).
Canadian National Railway Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CNI | Canadian National Railway Company | $106.71 | $128.71 | 20.62% | Buy |
| CP | Canadian Pacific Railway | $73.78 | $87.93 | 19.18% | Buy |
| CSX | CSX | $34.60 | $38.04 | 9.94% | Buy |
| NSC | Norfolk Southern | $259.71 | $280.08 | 7.84% | Buy |
| UNP | Union Pacific | $233.29 | $250.12 | 7.21% | Buy |
| GBX | Greenbrier Companies | $64.63 | $56.00 | -13.35% | Buy |
| TRN | Trinity Industries | $37.98 | $32.00 | -15.75% | Buy |
| WAB | Westinghouse Air Brake | $196.12 | $163.50 | -16.63% | Buy |
| FSTR | L.B. Foster Company | $25.71 | $21.00 | -18.32% | Hold |