Canadian Pacific Railway (CP) Stock Forecast, Price Target & Predictions
CP Stock Forecast
Canadian Pacific Railway stock forecast is as follows: an average price target of $87.53 (represents a 1.40% upside from CP’s last price of $86.32) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
CP Price Target
The average price target for Canadian Pacific Railway (CP) is $87.53 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $105.00 to $77.00. This represents a potential 1.40% upside from CP's last price of $86.32.
CP Analyst Ratings
According to 11 Wall Street analysts, Canadian Pacific Railway's rating consensus is 'Buy'. The analyst rating breakdown for CP stock is 0 'Strong Buy' (0.00%), 7 'Buy' (63.64%), 4 'Hold' (36.36%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Canadian Pacific Railway Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 16, 2024 | Brandon Oglenski | Barclays | $95.00 | $83.54 | 13.72% | 10.06% |
| Jul 08, 2024 | David Vernon | Bernstein | $89.06 | $80.22 | 11.02% | 3.17% |
| Jun 06, 2024 | Christian Wetherbee | Wells Fargo | $90.00 | $78.45 | 14.72% | 4.26% |
| Apr 25, 2024 | Benjamin Nolan | Stifel Nicolaus | $82.00 | $81.93 | 0.09% | -5.00% |
| Apr 12, 2024 | Benjamin Nolan | Stifel Nicolaus | $83.00 | $86.65 | -4.21% | -3.85% |
| Apr 08, 2024 | Stephanie Moore | Jefferies | $105.00 | $87.48 | 20.03% | 21.64% |
| Apr 04, 2024 | Brandon Oglenski | Barclays | $96.00 | $87.53 | 9.68% | 11.21% |
| Mar 28, 2024 | Bascome Majors | Susquehanna | $84.00 | $88.46 | -5.04% | -2.69% |
| Jan 11, 2023 | - | Barclays | $86.00 | $76.35 | 12.63% | -0.37% |
| Nov 29, 2022 | - | Deutsche Bank | $98.00 | $80.43 | 21.85% | 13.53% |
The latest Canadian Pacific Railway stock forecast, released on Jul 16, 2024 by Brandon Oglenski from Barclays, set a price target of $95.00, which represents a 13.72% increase from the stock price at the time of the forecast ($83.54), and a 10.06% increase from CP last price ($86.32).
Canadian Pacific Railway Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 8 |
| Avg Price Target | - | $92.03 | $90.51 |
| Last Closing Price | $86.32 | $86.32 | $86.32 |
| Upside/Downside | -100.00% | 6.61% | 4.85% |
In the current month, the average price target of Canadian Pacific Railway 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 Pacific Railway's last price of $86.32. 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 |
|---|---|---|---|---|
| Sep 12, 2024 | Kansas City Capital | Sector Perform | Sector Perform | Hold |
| Aug 21, 2024 | Kansas City Capital | Buy | Buy | Hold |
| Jul 31, 2024 | TD Securities | Hold | Hold | Hold |
| Jul 17, 2024 | Kansas City Capital | Hold | Hold | Hold |
| Jul 10, 2024 | Kansas City Capital | Overweight | Outperform | Upgrade |
| Jul 09, 2024 | Scotiabank | - | Outperform | Upgrade |
| Jul 09, 2024 | Kansas City Capital | Overweight | Overweight | Hold |
| Jul 08, 2024 | Kansas City Capital | Market Perform | Market Perform | Hold |
| Apr 25, 2024 | Kansas City Capital | Sector Perform | Sector Perform | Hold |
| Apr 12, 2024 | Kansas City Capital | Hold | Hold | Hold |
Canadian Pacific Railway's last stock rating was published by Kansas City Capital on Sep 12, 2024. The company gave CP a "Sector Perform" rating, the same as its previous rate.
Canadian Pacific Railway Financial Forecast
Canadian Pacific Railway Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.17B | $2.27B | $2.46B | $2.31B | - | $1.84B | $2.04B | $1.94B |
| Avg Forecast | $6.45B | $6.25B | $6.05B | $5.86B | $5.04B | $4.59B | $4.60B | $4.51B | $4.55B | $4.23B | $4.22B | $4.14B | $4.21B | $3.87B | $3.83B | $3.75B | $3.92B | $3.66B | $3.58B | $3.54B | $3.67B | $3.36B | $3.30B | $2.28B | $2.43B | $2.25B | $2.13B | $1.55B | $1.60B | $1.55B |
| High Forecast | $6.71B | $6.50B | $6.29B | $6.09B | $5.25B | $4.78B | $4.79B | $4.70B | $4.73B | $4.40B | $4.39B | $4.30B | $4.38B | $4.03B | $3.99B | $3.91B | $4.08B | $3.78B | $3.72B | $3.68B | $3.80B | $3.49B | $3.43B | $2.37B | $2.53B | $2.34B | $2.13B | $1.61B | $1.66B | $1.61B |
| Low Forecast | $6.28B | $6.08B | $5.89B | $5.70B | $4.91B | $4.47B | $4.48B | $4.39B | $4.43B | $4.11B | $4.11B | $4.02B | $4.10B | $3.77B | $3.73B | $3.65B | $3.82B | $3.61B | $3.48B | $3.45B | $3.61B | $3.28B | $3.21B | $2.22B | $2.37B | $2.19B | $2.13B | $1.46B | $1.50B | $1.46B |
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.99% | 1.01% | 1.03% | - | 1.19% | 1.27% | 1.25% |
Canadian Pacific Railway's average Quarter revenue forecast for Sep 23 based on 18 analysts is $3.36B, with a low forecast of $3.28B, and a high forecast of $3.49B. CP's average Quarter revenue forecast represents a 5.86% increase compared to the company's last Quarter revenue of $3.17B (Jun 23).
Canadian Pacific Railway EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.44B | $1.34B | $1.76B | $1.47B | - | $1.04B | $1.02B | $948.00M |
| Avg Forecast | $3.62B | $3.50B | $3.39B | $3.28B | $2.83B | $2.57B | $2.58B | $2.53B | $2.55B | $2.37B | $2.37B | $2.32B | $2.36B | $2.17B | $2.15B | $2.10B | $2.20B | $2.05B | $2.00B | $1.64B | $2.06B | $1.88B | $1.85B | $1.49B | $1.36B | $1.28B | $1.20B | $1.18B | $896.92M | $1.01B |
| High Forecast | $3.76B | $3.64B | $3.53B | $3.41B | $2.94B | $2.68B | $2.68B | $2.63B | $2.65B | $2.46B | $2.46B | $2.41B | $2.46B | $2.26B | $2.24B | $2.19B | $2.29B | $2.12B | $2.08B | $1.96B | $2.13B | $1.96B | $1.92B | $1.78B | $1.42B | $1.53B | $1.20B | $1.41B | $930.93M | $1.21B |
| Low Forecast | $3.52B | $3.41B | $3.30B | $3.19B | $2.75B | $2.50B | $2.51B | $2.46B | $2.48B | $2.31B | $2.30B | $2.26B | $2.30B | $2.11B | $2.09B | $2.05B | $2.14B | $2.02B | $1.95B | $1.31B | $2.02B | $1.84B | $1.80B | $1.19B | $1.33B | $1.02B | $1.20B | $940.50M | $843.21M | $806.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.90% | 1.29% | 1.15% | - | 0.89% | 1.14% | 0.94% |
18 analysts predict CP's average Quarter EBITDA for Sep 23 to be $1.88B, with a high of $1.96B and a low of $1.84B. This is 30.59% upper than Canadian Pacific Railway's previous annual EBITDA (Jun 23) of $1.44B.
Canadian Pacific Railway Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.32B | $800.00M | $1.27B | $891.00M | - | $590.00M | $532.00M | $472.00M |
| Avg Forecast | $2.05B | $1.85B | $1.65B | $1.59B | $1.86B | $1.60B | $1.51B | $1.41B | $1.54B | $1.37B | $1.31B | $1.18B | $1.34B | $1.17B | $1.12B | $1.02B | $1.17B | $960.66M | $939.22M | $923.61M | $1.04B | $848.88M | $880.62M | $839.64M | $1.01B | $635.19M | $857.68M | $663.75M | $902.00M | $502.13M |
| High Forecast | $2.16B | $1.95B | $1.73B | $1.68B | $1.96B | $1.69B | $1.59B | $1.49B | $1.62B | $1.44B | $1.38B | $1.24B | $1.41B | $1.23B | $1.18B | $1.07B | $1.23B | $986.27M | $988.38M | $1.11B | $1.07B | $938.92M | $926.71M | $1.01B | $1.06B | $762.23M | $857.68M | $796.50M | $946.47M | $602.55M |
| Low Forecast | $1.98B | $1.78B | $1.59B | $1.54B | $1.79B | $1.55B | $1.46B | $1.36B | $1.48B | $1.32B | $1.26B | $1.14B | $1.30B | $1.13B | $1.08B | $980.43M | $1.13B | $922.24M | $906.52M | $738.89M | $967.18M | $707.41M | $849.95M | $671.72M | $970.02M | $508.15M | $857.68M | $531.00M | $831.79M | $401.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.50% | 0.95% | 1.26% | 1.40% | - | 0.89% | 0.59% | 0.94% |
Canadian Pacific Railway's average Quarter net income forecast for Sep 23 is $848.88M, with a range of $707.41M to $938.92M. CP's average Quarter net income forecast represents a -35.89% decrease compared to the company's last Quarter net income of $1.32B (Jun 23).
Canadian Pacific Railway SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $260.00M | $577.00M | $210.00M | - | $209.00M | $135.00M | $196.00M |
| Avg Forecast | $570.12M | $551.95M | $534.36M | $517.33M | $445.48M | $405.66M | $406.67M | $398.73M | $401.90M | $373.29M | $372.85M | $365.30M | $372.03M | $341.85M | $338.65M | $331.64M | $346.28M | $323.39M | $315.83M | $87.66M | $323.88M | $296.78M | $291.14M | $79.69M | $214.71M | $263.77M | $188.50M | $63.00M | $141.36M | $208.51M |
| High Forecast | $593.07M | $574.17M | $555.87M | $538.16M | $463.42M | $421.99M | $423.04M | $414.79M | $418.08M | $388.32M | $387.86M | $380.01M | $387.01M | $355.62M | $352.28M | $344.99M | $360.23M | $334.29M | $328.55M | $105.20M | $335.83M | $308.47M | $302.86M | $95.63M | $223.36M | $316.52M | $188.50M | $75.60M | $146.72M | $250.21M |
| Low Forecast | $554.85M | $537.17M | $520.05M | $503.47M | $433.55M | $394.80M | $395.78M | $388.05M | $391.14M | $363.30M | $362.86M | $355.52M | $362.07M | $332.70M | $329.58M | $322.75M | $337.01M | $318.55M | $307.37M | $70.13M | $319.10M | $289.46M | $283.34M | $63.76M | $208.96M | $211.01M | $188.50M | $50.40M | $132.89M | $166.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.26% | 2.69% | 0.80% | - | 3.32% | 0.96% | 0.94% |
Canadian Pacific Railway's average Quarter SG&A projection for Jun 23 is $291.14M, based on 15 Wall Street analysts, with a range of $283.34M to $302.86M. The forecast indicates a 11.98% rise compared to CP last annual SG&A of $260.00M (Mar 23).
Canadian Pacific Railway EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.42 | $0.86 | $1.37 | $0.96 | - | $0.63 | $0.74 | $0.71 |
| Avg Forecast | $2.20 | $1.98 | $1.76 | $1.70 | $1.99 | $1.72 | $1.62 | $1.51 | $1.64 | $1.46 | $1.40 | $1.26 | $1.44 | $1.25 | $1.20 | $1.09 | $1.25 | $1.03 | $1.00 | $0.94 | $1.12 | $0.91 | $0.94 | $0.91 | $1.08 | $1.00 | $0.92 | $0.73 | $0.97 | $0.92 |
| High Forecast | $2.31 | $2.08 | $1.86 | $1.79 | $2.09 | $1.81 | $1.70 | $1.59 | $1.73 | $1.54 | $1.47 | $1.33 | $1.51 | $1.32 | $1.26 | $1.14 | $1.31 | $1.06 | $1.06 | $0.99 | $1.14 | $1.00 | $0.99 | $0.96 | $1.13 | $1.05 | $0.92 | $0.76 | $1.01 | $0.97 |
| Low Forecast | $2.12 | $1.91 | $1.70 | $1.65 | $1.92 | $1.66 | $1.56 | $1.46 | $1.59 | $1.41 | $1.35 | $1.22 | $1.39 | $1.21 | $1.16 | $1.05 | $1.21 | $0.99 | $0.97 | $0.91 | $1.03 | $0.76 | $0.91 | $0.88 | $1.04 | $0.96 | $0.92 | $0.67 | $0.89 | $0.85 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.51% | 0.94% | 1.27% | 0.96% | - | 0.87% | 0.77% | 0.77% |
According to 18 Wall Street analysts, Canadian Pacific Railway's projected average Quarter EPS for Sep 23 is $0.91, with a low estimate of $0.76 and a high estimate of $1.00. This represents a -36.04% decrease compared to CP previous annual EPS of $1.42 (Jun 23).
Canadian Pacific Railway Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GBX | Greenbrier Companies | $48.07 | $56.00 | 16.50% | Buy |
| CSX | CSX | $33.52 | $37.63 | 12.26% | Buy |
| NSC | Norfolk Southern | $245.80 | $271.22 | 10.34% | Buy |
| CNI | Canadian National Railway Company | $118.77 | $129.42 | 8.97% | Buy |
| FSTR | L.B. Foster Company | $19.86 | $21.00 | 5.74% | Hold |
| CP | Canadian Pacific Railway | $86.32 | $87.53 | 1.40% | Buy |
| UNP | Union Pacific | $249.12 | $247.56 | -0.63% | Buy |
| TRN | Trinity Industries | $31.90 | $30.00 | -5.96% | Buy |
| WAB | Westinghouse Air Brake | $168.98 | $147.20 | -12.89% | Buy |
CP Forecast FAQ
Is Canadian Pacific Railway a good buy?
Yes, according to 11 Wall Street analysts, Canadian Pacific Railway (CP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 63.64% of CP's total ratings.
What is CP's price target?
Canadian Pacific Railway (CP) average price target is $87.53 with a range of $77 to $105, implying a 1.40% from its last price of $86.32. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Canadian Pacific Railway stock go up soon?
According to Wall Street analysts' prediction for CP stock, the company can go up by 1.40% (from the last price of $86.32 to the average price target of $87.53), up by 21.64% based on the highest stock price target, and down by -10.80% based on the lowest stock price target.
Can Canadian Pacific Railway stock reach $130?
CP's average twelve months analyst stock price target of $87.53 does not support the claim that Canadian Pacific Railway can reach $130 in the near future.
What are Canadian Pacific Railway's analysts' financial forecasts?
Canadian Pacific Railway's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $18.75B (high $19.51B, low $18.25B), average EBITDA is $10.51B (high $10.93B, low $10.23B), average net income is $6.38B (high $6.72B, low $6.16B), average SG&A $1.66B (high $1.72B, low $1.61B), and average EPS is $6.83 (high $7.19, low $6.59). CP's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $24.61B (high $25.6B, low $23.95B), average EBITDA is $13.79B (high $14.35B, low $13.42B), average net income is $7.14B (high $7.52B, low $6.9B), average SG&A $2.17B (high $2.26B, low $2.12B), and average EPS is $7.64 (high $8.04, low $7.38).
Did the CP's actual financial results beat the analysts' financial forecasts?
Based on Canadian Pacific Railway's last annual report (Dec 2023), the company's revenue was $12.56B, which missed the average analysts forecast of $12.6B by -0.38%. Apple's EBITDA was $-739M, missing the average prediction of $7.27B by -110.16%. The company's net income was $-3.962B, missing the average estimation of $3.61B by -209.70%. Apple's SG&A was $0, missing the average forecast of $991.49M by -100.00%. Lastly, the company's EPS was $-4.24, missing the average prediction of $3.88 by -209.30%. In terms of the last quarterly report (Jun 2023), Canadian Pacific Railway's revenue was $3.17B, missing the average analysts' forecast of $3.3B by -3.71%. The company's EBITDA was $1.44B, missing the average prediction of $1.85B by -21.94%. Canadian Pacific Railway's net income was $1.32B, beating the average estimation of $880.62M by 50.35%. The company's SG&A was $0, missing the average forecast of $291.14M by -100.00%. Lastly, the company's EPS was $1.42, beating the average prediction of $0.942 by 50.70%