Canadian Natural Resources Limited (TSX:CNQ)
Canada · Delayed Price · Currency is CAD 59.10
-0.30 (-0.51%)
Jul 10, 2026, 4:00 PM EST
TSX:CNQ Stock Forecast
Stock Price Forecast
According to 22 analysts polled by S&P Global, TSX:CNQ stock has a consensus rating of "Buy" and an average price target of $70.75. The average 1-year stock price forecast is 19.71% higher than the current stock price, while the lowest is $56.00 (-5.25%) and the highest is $90.00 (+52.28%).
Price Target: $70.75 (+19.71%)
Analyst Consensus: Buy
Analyst 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 | 10 |
| Sell | 1 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 21 | 22 | 22 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Desjardins | Desjardins | Hold Initiates $72.00 | Hold | Initiates | $72.00 | +21.83% | Jun 26, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $73.00 → $61.00 | Hold | Maintains | $73.00 → $61.00 | +3.21% | Jun 23, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $75.33 | Buy | Maintains | $75.33 | +27.47% | May 28, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $70.00 → $74.00 | Buy | Maintains | $70.00 → $74.00 | +25.21% | May 20, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $72.00 | Buy | Maintains | $72.00 | +21.83% | May 8, 2026 |
Financial Forecast
Revenue This Year
45.26B
from 38.76B
Increased by 16.76%
Revenue Next Year
41.42B
from 45.26B
Decreased by -8.49%
EPS This Year
5.99
from 3.55
Increased by 68.84%
EPS Next Year
5.13
from 5.99
Decreased by -14.36%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 46.5B | ||
| Avg | 45.3B | ||
| Low | 44.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 20.0% | ||
| Avg | 16.8% | ||
| Low | 14.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.91 | ||
| Avg | 5.99 | ||
| Low | 5.34 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 94.7% | ||
| Avg | 68.8% | ||
| Low | 50.5% |