Union Pacific Corporation (UNP) - Stock Analysis

Last updated: Jul 12, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Momentum plus catalyst pipeline: stock is up about 12% over 21 trading days and closed at a fresh 21-day high, with Norfolk Southern merger process advancing and Q2 earnings due on 2026-07-23.

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Idea window: 7/16/2026 – 7/23/2026Sector: Industrials

AI Analyst Overview

Last Price
$298.49
Market Cap
$156.35B
1D Return
+3.51%
YTD Return
+30.39%

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Valuation Metrics

P/E
21.6
P/B
8.0
P/S
6.3
EV/EBITDA
14.4
Div Yield
2.08%

Fundamental Analysis

8.0

Key Financial Insights: • Margin Strength • Cash Coverage • Balance-Sheet Risk UNP shows exceptional profitability and cash generation, but leverage, weak liquidity, and a premium valuation limit near-term upside.

Profitability
Leverage

Price Behavior

6.5

Key Price Behavior Insights: • Higher highs • Breakout hold • Pullback risk Support Level: $282-$283 Resistance Level: None obvious above current highs UNP's last month price action shows a constructive short-term uptrend with a breakout above $282-$283, but the rally is extended and needs to hold that zone to avoid a pullback.

bullish
watchlist

Sentiment & News

6.5

Key News Insights: • Merger scrutiny • Dividend strength • Legal overhang Union Pacific's stock remains supported by dividends and solid operating performance, but merger regulatory scrutiny, legal risk, and a recent downgrade suggest limited near-term upside.

merger
regulatory
AI

AI Summary

7.0
Positive

UNP remains a best-in-class railroad, but the investment case has shifted from steady compounding to an event-driven trade where meaningful upside now depends on Norfolk Southern merger approval/execution, while the premium valuation leaves little room for margin compression, regulatory delays, or legal setbacks.

MergerOptionality
RegulatoryRisk
Valuation
AI summary updated 4 days ago

Description

Union Pacific Corporation, primarily through Union Pacific Railroad Company, operates one of the largest freight rail networks in the United States, transporting agricultural commodities, energy products, industrial and construction materials, finished vehicles, and intermodal freight. Its 32,452 route miles (as of December 31, 2021) link Pacific and Gulf ports with Midwest and Eastern U.S. markets. The company was established in 1862 and is headquartered in Omaha, Nebraska.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Jul 16Jul 23UNPUnion Pacific Corporation
Momentum plus catalyst pipeline: stock is up about 12% over 21 trading days and closed at a fresh 21-day high, with Norfolk Southern merger process advancing and Q2 earnings due on 2026-07-23.
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Research content for educational purposes only. Not investment advice. All decisions are your responsibility.