Canadian Natural Resources Limited (TSX:CNQ)
Canada · Delayed Price · Currency is CAD 62.70
-0.50 (-0.79%)
May 29, 2026, 4:00 PM EST
TSX:CNQ Stock Forecast
Stock Price Forecast
According to 22 analysts polled by S&P Global, TSX:CNQ stock has a consensus rating of "Buy" and an average price target of $71.05. The average 1-year stock price forecast is 13.32% higher than the current stock price, while the lowest is $56.00 (-10.69%) and the highest is $90.00 (+43.54%).
Price Target: $71.05 (+13.32%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TSX:CNQ stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 9 | 7 | 7 | 7 |
| Buy | 4 | 4 | 4 | 3 | 3 | 4 |
| Hold | 9 | 9 | 9 | 9 | 10 | 9 |
| Sell | 0 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 23 | 21 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $70.00 → $74.00 | Buy | Maintains | $70.00 → $74.00 | +18.02% | May 20, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Reiterates $71.80 → $73.18 | Buy | Reiterates | $71.80 → $73.18 | +16.72% | May 19, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $72.00 | Buy | Maintains | $72.00 | +14.83% | May 8, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Reiterates $70.00 | Buy | Reiterates | $70.00 | +11.64% | May 8, 2026 |
| BMO Capital | BMO Capital | Buy Reiterates $60.96 → $75.00 | Buy | Reiterates | $60.96 → $75.00 | +19.62% | May 8, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.