Union Pacific Corporation (UNP) - Stock Analysis

Last updated: Sep 6, 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
$289.62
Market Cap
$172.06B
1D Return
+0.16%
YTD Return
+27.10%

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Valuation Metrics

P/E
23.4
P/B
8.3
P/S
6.8
EV/EBITDA
15.2
Div Yield
1.92%

Fundamental Analysis

7.0

Key Financial Insights: • Strong Cash Flow • Improving Leverage • Tight Liquidity UNP remains highly profitable with strong cash flow and improving debt metrics, but elevated leverage, tight liquidity, and a higher valuation warrant caution.

Profitable
Leverage

Price Behavior

4.0

Key Price Behavior Insights: • Sharp reversal • Support test • Weak momentum Support Level: $289–$290 Resistance Level: $300–$306 UNP turned cautiously bearish last month after reversing from $309 to support near $289–$290; reclaiming $300 would improve momentum, while a break below support signals further downside.

UNP
TechnicalAnalysis

Sentiment & News

5.0

Key News Insights: • Mixed Institutional Flows • Valuation Concerns • Earnings Upgrade Mixed institutional activity and a valuation gap temper Zacks' Buy upgrade and merger-progress optimism for Union Pacific.

UnionPacific
Railroads
AI

AI Summary

6.0
Neutral

UNP remains a high-quality cash generator, but at roughly 22x–25x earnings investors should treat it as an execution-dependent hold/buy-on-pullbacks story: sustained volume/pricing gains and eventual Norfolk Southern synergies must materialize, while regulatory, integration, and cyclical freight risks make merger value inappropriate to fully price in today.

CashFlow
MergerRisk
Valuation
AI summary updated today

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.
Closed+1.6%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.