Canadian Natural Resources Limited (TSX:CNQ)
68.99
-0.11 (-0.16%)
Oct 5, 2026, 3:30 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 $72.57. The average 1-year stock price forecast is 5.19% higher than the current stock price, while the lowest is $62.00 (-10.13%) and the highest is $84.00 (+21.76%).
Price Target: $72.57 (+5.19%)
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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 3 | 4 | 3 | 4 | 4 | 4 |
| Hold | 10 | 10 | 11 | 10 | 11 | 11 |
| Sell | 2 | 1 | 1 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 22 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $66.00 → $70.00 | Buy | Maintains | $66.00 → $70.00 | +1.46% | Sep 16, 2026 |
| CIBC | CIBC | Buy Maintains $70.00 → $75.00 | Buy | Maintains | $70.00 → $75.00 | +8.71% | Aug 27, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $78.08 → $82.34 | Buy | Maintains | $78.08 → $82.34 | +19.35% | Aug 20, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $67.00 → $72.00 | Hold | Maintains | $67.00 → $72.00 | +4.36% | Aug 19, 2026 |
| Jefferies | Jefferies | Hold Maintains $64.00 → $70.00 | Hold | Maintains | $64.00 → $70.00 | +1.46% | Aug 17, 2026 |
Financial Forecast
Revenue This Year
48.08B
from 38.76B
Increased by 24.04%
Revenue Next Year
42.36B
from 48.08B
Decreased by -11.89%
EPS This Year
6.06
from 3.55
Increased by 70.83%
EPS Next Year
5.46
from 6.06
Decreased by -9.95%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.