
CNI Stock Forecast & Price Target
CNI Analyst Ratings
Bulls say
Canadian National Railway (CN) displayed a strong financial performance in 2024, generating CAD 17 billion in revenue, with significant contributions from intermodal containers, petroleum and chemicals, and grain and fertilizers. The company's revenue growth in Q4/25 was bolstered by a 4.1% year-over-year increase in revenue ton miles (RTMs), with particular strength in intermodal and agricultural segments, while total quarterly revenue of CAD 4,464 million aligned closely with consensus estimates. Additionally, CN exhibited notable improvements in labor and locomotive productivity, indicating operational efficiencies that are expected to support continued revenue growth across its diverse segments in the coming years.
Bears say
The financial outlook for Canadian National Railway appears negative due to lower anticipated revenue ton miles (RTMs), with growth projected to decline from 1.4% to 1.1% for 2026, reflecting weaker shipping volumes in the first half of the year. Additionally, core pricing pressures, evidenced by a year-over-year yield decrease of 0.9%, may hinder revenue growth as reduced volumes from higher-yield segments are expected to persist. Challenges in specific sectors, such as forest products and metals and minerals, along with various external risks—including severe weather, negative currency impacts, and economic volatility—further contribute to an unfavorable financial environment.
This aggregate rating is based on analysts' research of Canadian National Railway Company and is not a guaranteed prediction by Public.com or investment advice.
CNI Analyst Forecast & Price Prediction
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