Canadian Natural Resources Limited (TSX:CNQ)
Canada · Delayed Price · Currency is CAD 70.27
-0.54 (-0.76%)
Aug 24, 2026, 4:00 PM EST
TSX:CNQ Stock Forecast
Stock Price Forecast
According to 23 analysts polled by S&P Global, TSX:CNQ stock has a consensus rating of "Buy" and an average price target of $71.67. The average 1-year stock price forecast is 1.99% higher than the current stock price, while the lowest is $62.00 (-11.77%) and the highest is $90.00 (+28.08%).
Price Target: $71.67 (+1.99%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 3 | 3 | 4 | 3 | 4 | 4 |
| Hold | 9 | 10 | 10 | 11 | 10 | 11 |
| Sell | 2 | 2 | 1 | 1 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 22 | 22 | 22 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains $75.91 → $80.05 | Buy | Maintains | $75.91 → $80.05 | +13.92% | Aug 20, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $67.00 → $72.00 | Hold | Maintains | $67.00 → $72.00 | +2.46% | Aug 19, 2026 |
| Jefferies | Jefferies | Hold Maintains $64.00 → $70.00 | Hold | Maintains | $64.00 → $70.00 | -0.38% | Aug 17, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $67.00 → $75.00 | Hold | Maintains | $67.00 → $75.00 | +6.73% | Aug 13, 2026 |
| Scotiabank | Scotiabank | Hold Reiterates $71.00 → $73.00 | Hold | Reiterates | $71.00 → $73.00 | +3.89% | Aug 7, 2026 |
Financial Forecast
Revenue This Year
47.30B
from 38.76B
Increased by 22.02%
Revenue Next Year
42.22B
from 47.30B
Decreased by -10.74%
EPS This Year
5.93
from 3.55
Increased by 67.16%
EPS Next Year
5.33
from 5.93
Decreased by -10.25%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.