Canadian Natural Resources Limited (TSX:CNQ)
69.94
+0.62 (0.89%)
Sep 14, 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 $71.95. The average 1-year stock price forecast is 2.87% higher than the current stock price, while the lowest is $62.00 (-11.35%) and the highest is $90.00 (+28.68%).
Price Target: $71.95 (+2.87%)
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 |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Buy Maintains $70.00 → $75.00 | Buy | Maintains | $70.00 → $75.00 | +7.23% | Aug 27, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $76.10 → $80.26 | Buy | Maintains | $76.10 → $80.26 | +14.75% | Aug 20, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $67.00 → $72.00 | Hold | Maintains | $67.00 → $72.00 | +2.95% | Aug 19, 2026 |
| Jefferies | Jefferies | Hold Maintains $64.00 → $70.00 | Hold | Maintains | $64.00 → $70.00 | +0.09% | Aug 17, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $67.00 → $75.00 | Hold | Maintains | $67.00 → $75.00 | +7.23% | Aug 13, 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
6.01
from 3.55
Increased by 69.31%
EPS Next Year
5.35
from 6.01
Decreased by -10.99%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.