UBS upgrades Union Pacific stock to Buy at a USD 339 target
Published on 10/02/2026 at 05:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Union Pacific (ISIN US9078181081) was last at EUR 241.90 on Tradegate on September 29, 2026 at 9:06 p.m. CEST, after EUR 241.20. On September 16, 2026, UBS upgraded Union Pacific to Buy and raised its price target to USD 339, as Finanznachrichten reports.
UBS target meets operating momentum
The UBS call comes after Union Pacific delivered second-quarter 2026 revenue of USD 6.86 billion, up 11.50 percent from the prior-year quarter. MarketBeat reported adjusted earnings per share of USD 3.41, above the USD 3.26 consensus estimate, while revenue exceeded the USD 6.72 billion estimate, according to MarketBeat on September 23, 2026.
The result gives the target upgrade a measurable operating base rather than a purely valuation-driven argument. Union Pacific's adjusted earnings per share rose 13.00 percent year over year in the second quarter, while the reported diluted figure was USD 3.36, according to WSIL carrying the company release.
Fuel costs temper the volume signal
Union Pacific's operating picture also has a clear counterweight. In the second quarter of 2026, domestic intermodal volumes increased 19.00 percent and freight revenue rose 12.00 percent, while fuel-surcharge revenue reached USD 1.0 billion versus USD 569.0 million a year earlier, Yahoo Finance reported on September 21, 2026.
Higher diesel prices can make rail more competitive with trucking, but they also raise locomotive costs before surcharge recovery catches up. Yahoo Finance said the second-quarter 2026 operating ratio was 59.70 percent versus 59.00 percent a year earlier, with fuel prices creating a 120-basis-point unfavorable impact.
Third-quarter results set the next test
Union Pacific is scheduled to release third-quarter 2026 results on October 22, 2026, at 7:45 a.m. ET, with management's webcast scheduled for 8:45 a.m. ET, according to StockTitan. The report will show whether volume growth can offset the margin pressure highlighted in the second quarter.
Union Pacific price remains below USD high
The substitute price was last at EUR 241.90 on Tradegate on September 29, 2026 at 9:06 p.m. CEST, plus 0.29 percent versus the Tradegate close of EUR 241.20 on September 28, 2026. Price source: substitute price Tradegate, Lang & Schwarz without data set.
Union Pacific stock at a glance
- Company: Union Pacific Corporation
- ISIN: US9078181081
- WKN: 858144
- Ticker: UNP
- Primary exchange: NYSE
- Substitute price Tradegate (as of September 29, 2026, 9:06 p.m. CEST): EUR 241.90
- Change versus prior close: plus 0.29 percent
- Tradegate close (September 28, 2026): EUR 241.20
- Market capitalization: USD 161.8 billion (as of October 1, 2026)
- 52-week range: USD 215.53-315.99 (as of October 1, 2026)
- Sector / Industry: Industrials / Railroads
- Index membership: S&P 100
- Next earnings date: October 22, 2026
