Canadian Natural Resources Limited (TSX:CNQ)
Canada · Delayed Price · Currency is CAD 66.78
+0.56 (0.85%)
Jul 31, 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 $70.10. The average 1-year stock price forecast is 4.97% higher than the current stock price, while the lowest is $56.00 (-16.14%) and the highest is $90.00 (+34.77%).
Price Target: $70.10 (+4.97%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 3 | 3 | 4 | 3 | 4 |
| Hold | 9 | 9 | 10 | 10 | 11 | 11 |
| Sell | 1 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 21 | 22 | 22 | 22 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains $74.73 → $77.55 | Buy | Maintains | $74.73 → $77.55 | +16.12% | Jul 29, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $67.00 | Hold | Maintains | $67.00 | +0.33% | Jul 22, 2026 |
Unknown Analyst Gerdes Energy Research No rating | Gerdes Energy Research | Hold Downgrades n/a | Hold | Downgrades | n/a | n/a | Jul 21, 2026 |
| Jefferies | Jefferies | Hold Maintains $68.00 → $64.00 | Hold | Maintains | $68.00 → $64.00 | -4.16% | Jul 20, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $72.00 → $70.00 | Hold | Maintains | $72.00 → $70.00 | +4.82% | Jul 18, 2026 |
Financial Forecast
Revenue This Year
45.04B
from 38.76B
Increased by 16.21%
Revenue Next Year
41.34B
from 45.04B
Decreased by -8.22%
EPS This Year
5.85
from 3.55
Increased by 64.68%
EPS Next Year
5.15
from 5.85
Decreased by -11.99%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.