Canadian Natural Resources Limited (TSX:CNQ)
Canada · Delayed Price · Currency is CAD 77.12
+1.62 (2.15%)
Oct 23, 2026, 4:00 PM EDT
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 $75.05. The average 1-year stock price forecast is 2.68% lower than the current stock price, while the lowest is $62.00 (-19.61%) and the highest is $86.00 (+11.51%).
Price Target: $75.05 (-2.68%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 3 | 4 | 4 | 4 | 2 |
| Hold | 10 | 11 | 10 | 11 | 11 | 12 |
| Sell | 1 | 1 | 2 | 1 | 1 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 23 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Maintains $70.00 → $85.00 | Buy | Maintains | $70.00 → $85.00 | +10.22% | Oct 22, 2026 |
Unknown Analyst National Bank No rating | National Bank | Hold Maintains $84.00 → $86.00 | Hold | Maintains | $84.00 → $86.00 | +11.51% | Oct 21, 2026 |
Unknown Analyst Desjardins No rating | Desjardins | Hold Maintains $73.00 → $74.00 | Hold | Maintains | $73.00 → $74.00 | -4.05% | Oct 20, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $73.00 → $79.00 | Hold | Maintains | $73.00 → $79.00 | +2.44% | Oct 19, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $70.00 → $75.00 | Buy | Maintains | $70.00 → $75.00 | -2.75% | Oct 16, 2026 |
Financial Forecast
Revenue This Year
49.18B
from 38.76B
Increased by 26.87%
Revenue Next Year
44.12B
from 49.18B
Decreased by -10.28%
EPS This Year
6.55
from 3.55
Increased by 84.50%
EPS Next Year
6.24
from 6.55
Decreased by -4.73%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.