Union Pacific (UNP) Stock in 2025: Merger Bets, Earnings Strength and What Comes Next
Updated December 9, 2025 Union Pacific Corporation (NYSE: UNP) is rolling into year‑end 2025 with its share price hovering around $233, a market value close to $139 billion, and a very unusual catalyst on the horizon: a proposed $85 billion merger with Norfolk Southern that would create the first coast‑to‑coast freight railroad in the United States. Investopedia At the same time, the company has just delivered a solid earnings year, lifted its dividend again, and continues to draw generally positive – if slightly cautious – reviews from both Wall Street analysts and AI‑driven models. Below is a detailed look at