Union Pacific Corporation (UNP)

Outperform Current rating · 3 reports

Coverage summary

Aardvark Labs Capital Research has covered Union Pacific Corporation (UNP) since April 24, 2026. The company is in the Industrials sector. This page lists 3 reports: 3 earnings recaps.

The latest is the Q3 2026 Earnings Recap, published October 26, 2026. The current rating is Outperform, unchanged since the Q2 2026 Earnings Recap of July 24, 2026. The rating has changed once since coverage began.

Translations: 2 in Chinese.

Rating history

April 24, 2026 First rating: Hold Q1 2026 Earnings Recap
July 24, 2026 Hold → Outperform Q2 2026 Earnings Recap

All UNP reports

2026-10-26

Outperform Recap: Q3 2026

Volume Carries a Record Quarter While Fuel Hides the Margin Gain; We Stay Outperform as the Merger Enters Its Hardest Phase

2026-07-24

Outperform Recap: Q2 2026

The Merger Gets Real: STB Acceptance, a Canadian National Settlement, and a Guidance Raise Move Us to Outperform

2026-04-24

Hold Recap: Q1 2026

Precision Railroading at Its Sharpest: Record Q1 and Merger Conviction Spark an 8.8% Pop, But We Initiate UNP at Hold on a Full Multiple