The consensus price target for NYSE:CNI has decreased by 6.4% over the past year, indicating a more conservative outlook from analysts.
Despite a predicted decline in earnings, the stock’s 19% decline in New York is seen as a potential long-term buying opportunity.
CNI reported mixed results in the third quarter, with challenges in the intermodal and automotive sectors, yet operational efficiency and cash returns remain strong.

The Canadian National Railway Company (NYSE:CNI) is a key player in the rail and transportation industry, operating an extensive network of 19,500 route miles across North America. The company serves various sectors, including petroleum, chemicals, and automotive products, and offers logistics and transportation management services. CNI competes with other major rail companies like Canadian Pacific Railway and Union Pacific.

The consensus price target for NYSE:CNI has seen a downward trend over the past year. Last year, analysts set the average price target at $128.23, but it has since decreased to $120 in the last quarter and last month. This 6.4% decline suggests a more conservative outlook from analysts, possibly due to recent earnings reports and economic conditions.

Analysts predict a decline in CNI’s earnings in the upcoming financial report, as highlighted by Wells Fargo’s price target of $130. Despite this, the stock’s 19% decline in New York presents a potential long-term buying opportunity for investors. Concerns over currency risks and tariffs have contributed to the stock dip, but CNI’s capital-intensive nature remains attractive for strong returns.

In the third quarter, CNI reported mixed results, with a slight earnings per share (EPS) beat and revenue growth. However, challenges in the intermodal and automotive sectors affected performance. Despite these hurdles, railroads like CNI can achieve strong returns through operational efficiency, fuel efficiency, and cash returns via buybacks and dividends.