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Canadian National Railway (TSE:CNR)
TSX:CNR
Canadian Market
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Canadian National Railway (CNR) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

CNR Analyst Ratings

Moderate Buy
16Ratings
Moderate Buy
7 Buy
9 Hold
0 Sell
Based on 16 analysts giving stock ratings to
Canadian
National Railway
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CNR Stock 12 Month Forecast

Average Price Target

C$191.95
▲(9.20% Upside)
Based on 16 Wall Street analysts offering 12 month price targets for Canadian National Railway in the last 3 months. The average price target is C$191.95 with a high forecast of C$202.63 and a low forecast of C$178.00. The average price target represents a 9.20% change from the last price of C$175.77.
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Highest Price TargetC$202.63Average Price TargetC$191.95Lowest Price TargetC$178.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bank of America Securities Analyst forecast on TSE:CNR
Bank of America Securities
Bank of America Securities
―
Buy
―
Reiterated
10/29/26
Analysts Are Bullish on These Industrial Goods Stocks: Vertiv Holdings (VRT), SiteOne Landscape Supply (SITE)
Stifel Nicolaus Analyst forecast on TSE:CNR
Stifel Nicolaus
Stifel Nicolaus
C$200
Buy
13.79%
Upside
Initiated
10/26/26
CN initiated with a Buy at StifelCN initiated with a Buy at Stifel
Bernstein Analyst forecast on TSE:CNR
Bernstein
Bernstein
C$194.47
Hold
10.64%
Upside
Assigned
10/23/26
Bernstein Releases a Hold Rating on Canadian National Railway (CNI)
Raymond James Analyst forecast on TSE:CNR
Raymond James
Raymond James
C$200→C$195
Hold
10.94%
Upside
Downgraded
10/19/26
CN downgraded to Market Perform from Outperform at Raymond JamesCN downgraded to Market Perform from Outperform at Raymond James
Scotiabank Analyst forecast on TSE:CNR
Scotiabank
Scotiabank
C$199→C$198
Buy
12.65%
Upside
Reiterated
10/15/26
CN price target lowered to C$198 from C$199 at ScotiabankCN price target lowered to C$198 from C$199 at Scotiabank
ATB Cormark Capital Markets Analyst forecast on TSE:CNR
ATB Cormark Capital Markets
ATB Cormark Capital Markets
C$185→C$190
Hold
8.10%
Upside
Reiterated
10/15/26
ATB Cormark Capital Markets Reaffirms Their Hold Rating on Canadian National Railway (CNI)
Citi
C$211.01→C$199.83
Buy
13.69%
Upside
Reiterated
10/08/26
CN price target lowered to $143 from $151 at CitiCN price target lowered to $143 from $151 at Citi
Wells Fargo
C$202.63
Buy
15.28%
Upside
Reiterated
10/06/26
Canadian National Railway (CNI) Gets a Buy from Wells Fargo
UBS Analyst forecast on TSE:CNR
Unknown Analyst
UBS
Not Ranked
UBS
C$184→C$180
Hold
2.41%
Upside
Reiterated
10/05/26
UBS Keeps Their Hold Rating on Canadian National Railway (CNI)
J.P. Morgan Analyst forecast on TSE:CNR
J.P. Morgan
J.P. Morgan
C$182→C$178
Hold
1.27%
Upside
Reiterated
10/05/26
CN price target lowered to C$178 from C$182 at JPMorganCN price target lowered to C$178 from C$182 at JPMorgan
Susquehanna Analyst forecast on TSE:CNR
Susquehanna
Susquehanna
C$198.44→C$181.67
Hold
3.35%
Upside
Reiterated
10/02/26
CN price target lowered to $130 from $142 at SusquehannaCN price target lowered to $130 from $142 at Susquehanna
Barclays
C$181.67
Hold
3.35%
Upside
Reiterated
09/29/26
Analysts Conflicted on These Industrial Goods Names: Canadian National Railway (NYSE: CNI), Boeing (NYSE: BA) and Amprius Technologies Inc (NYSE: AMPX)
CIBC
C$198
Buy
12.65%
Upside
Reiterated
09/25/26
Canadian National Railway (CNI) Gets a Buy from CIBC
RBC Capital Analyst forecast on TSE:CNR
RBC Capital
RBC Capital
C$205→C$198
Buy
12.65%
Upside
Reiterated
09/24/26
CN price target lowered to C$198 from C$205 at RBC CapitalCN price target lowered to C$198 from C$205 at RBC Capital
National Bank Analyst forecast on TSE:CNR
Unknown Analyst
National Bank
Not Ranked
National Bank
C$192→C$190
Hold
8.10%
Upside
Reiterated
09/23/26
National Bank Sticks to Their Hold Rating for Canadian National Railway (CNI)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bank of America Securities Analyst forecast on TSE:CNR
Bank of America Securities
Bank of America Securities
―
Buy
―
Reiterated
10/29/26
Analysts Are Bullish on These Industrial Goods Stocks: Vertiv Holdings (VRT), SiteOne Landscape Supply (SITE)
Stifel Nicolaus Analyst forecast on TSE:CNR
Stifel Nicolaus
Stifel Nicolaus
C$200
Buy
13.79%
Upside
Initiated
10/26/26
CN initiated with a Buy at StifelCN initiated with a Buy at Stifel
Bernstein Analyst forecast on TSE:CNR
Bernstein
Bernstein
C$194.47
Hold
10.64%
Upside
Assigned
10/23/26
Bernstein Releases a Hold Rating on Canadian National Railway (CNI)
Raymond James Analyst forecast on TSE:CNR
Raymond James
Raymond James
C$200→C$195
Hold
10.94%
Upside
Downgraded
10/19/26
CN downgraded to Market Perform from Outperform at Raymond JamesCN downgraded to Market Perform from Outperform at Raymond James
Scotiabank Analyst forecast on TSE:CNR
Scotiabank
Scotiabank
C$199→C$198
Buy
12.65%
Upside
Reiterated
10/15/26
CN price target lowered to C$198 from C$199 at ScotiabankCN price target lowered to C$198 from C$199 at Scotiabank
ATB Cormark Capital Markets Analyst forecast on TSE:CNR
ATB Cormark Capital Markets
ATB Cormark Capital Markets
C$185→C$190
Hold
8.10%
Upside
Reiterated
10/15/26
ATB Cormark Capital Markets Reaffirms Their Hold Rating on Canadian National Railway (CNI)
Citi
C$211.01→C$199.83
Buy
13.69%
Upside
Reiterated
10/08/26
CN price target lowered to $143 from $151 at CitiCN price target lowered to $143 from $151 at Citi
Wells Fargo
C$202.63
Buy
15.28%
Upside
Reiterated
10/06/26
Canadian National Railway (CNI) Gets a Buy from Wells Fargo
UBS Analyst forecast on TSE:CNR
Unknown Analyst
UBS
Not Ranked
UBS
C$184→C$180
Hold
2.41%
Upside
Reiterated
10/05/26
UBS Keeps Their Hold Rating on Canadian National Railway (CNI)
J.P. Morgan Analyst forecast on TSE:CNR
J.P. Morgan
J.P. Morgan
C$182→C$178
Hold
1.27%
Upside
Reiterated
10/05/26
CN price target lowered to C$178 from C$182 at JPMorganCN price target lowered to C$178 from C$182 at JPMorgan
Susquehanna Analyst forecast on TSE:CNR
Susquehanna
Susquehanna
C$198.44→C$181.67
Hold
3.35%
Upside
Reiterated
10/02/26
CN price target lowered to $130 from $142 at SusquehannaCN price target lowered to $130 from $142 at Susquehanna
Barclays
C$181.67
Hold
3.35%
Upside
Reiterated
09/29/26
Analysts Conflicted on These Industrial Goods Names: Canadian National Railway (NYSE: CNI), Boeing (NYSE: BA) and Amprius Technologies Inc (NYSE: AMPX)
CIBC
C$198
Buy
12.65%
Upside
Reiterated
09/25/26
Canadian National Railway (CNI) Gets a Buy from CIBC
RBC Capital Analyst forecast on TSE:CNR
RBC Capital
RBC Capital
C$205→C$198
Buy
12.65%
Upside
Reiterated
09/24/26
CN price target lowered to C$198 from C$205 at RBC CapitalCN price target lowered to C$198 from C$205 at RBC Capital
National Bank Analyst forecast on TSE:CNR
Unknown Analyst
National Bank
Not Ranked
National Bank
C$192→C$190
Hold
8.10%
Upside
Reiterated
09/23/26
National Bank Sticks to Their Hold Rating for Canadian National Railway (CNI)
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Best Analysts Covering Canadian National Railway

3 Months
Fadi ChamounBMO Capital
Success Rate
35/52 ratings generated profit
67%
Average Return
+3.38%
Copying Fadi Chamoun's trades and holding each position for 3 Months would result in 67.31% of your transactions generating a profit, with an average return of +3.38% per trade.
1 Year
Success Rate
21/23 ratings generated profit
91%
Average Return
+9.74%
Copying Cherilyn Radbourne's trades and holding each position for 1 Year would result in 91.30% of your transactions generating a profit, with an average return of +9.74% per trade.
2 Years
Success Rate
22/23 ratings generated profit
96%
Average Return
+18.05%
Copying Cherilyn Radbourne's trades and holding each position for 2 Years would result in 95.65% of your transactions generating a profit, with an average return of +18.05% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

CNR Analyst Recommendation Trends

Rating
Jun 26
Jul 26
Aug 26
Sep 26
Oct 26
Strong Buy
0
0
0
0
0
Buy
25
30
30
21
10
Hold
10
13
15
14
14
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
35
43
45
35
24
In the current month, CNR has received 10 Buy Ratings, 14 Hold Ratings, and 0 Sell Ratings. CNR average Analyst price target in the past 3 months is 191.95.
Each month's total comprises the sum of three months' worth of ratings.

CNR Financial Forecast

CNR Earnings Forecast

Next quarter’s earnings estimate for CNR is C$2.09 with a range of C$2.02 to C$2.16. The previous quarter’s EPS was C$2.08. CNR beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 37.70% of the time in the same period. In the last calendar year CNR has Performed in-line its overall industry.
Next quarter’s earnings estimate for CNR is C$2.09 with a range of C$2.02 to C$2.16. The previous quarter’s EPS was C$2.08. CNR beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 37.70% of the time in the same period. In the last calendar year CNR has Performed in-line its overall industry.

CNR Sales Forecast

Next quarter’s sales forecast for CNR is C$4.66B with a range of C$4.50B to C$4.77B. The previous quarter’s sales results were C$4.75B. CNR beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 67.07% of the time in the same period. In the last calendar year CNR has Performed in-line its overall industry.
Next quarter’s sales forecast for CNR is C$4.66B with a range of C$4.50B to C$4.77B. The previous quarter’s sales results were C$4.75B. CNR beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 67.07% of the time in the same period. In the last calendar year CNR has Performed in-line its overall industry.

CNR Stock Forecast FAQ

What is TSE:CNR’s average 12-month price target, according to analysts?
Based on analyst ratings, Canadian National Railway’s 12-month average price target is 191.95.
    What is TSE:CNR’s upside potential, based on the analysts’ average price target?
    Canadian National Railway has 9.20% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:CNR a Buy, Sell or Hold?
          Canadian National Railway has a consensus rating of Moderate Buy which is based on 7 buy ratings, 9 hold ratings and 0 sell ratings.
            What is Canadian National Railway’s price target?
            The average price target for Canadian National Railway is 191.95. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$202.63 ,the lowest forecast is C$178.00. The average price target represents 9.20% Increase from the current price of C$175.77.
              What do analysts say about Canadian National Railway?
              Canadian National Railway’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 16 Wall Streets Analysts.
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