Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
30.56
-0.39 (-1.26%)
At close: Mar 28, 2025, 4:00 PM
30.70
+0.14 (0.46%)
After-hours: Mar 28, 2025, 8:00 PM EDT
Canadian Natural Resources Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Canadian Natural Resources stock have an average target of 60, with a low estimate of 57 and a high estimate of 63. The average target predicts an increase of 96.34% from the current stock price of 30.56.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Canadian Natural Resources stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $63 | Buy | Reiterates | $63 | +106.15% | Mar 27, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +106.15% | Mar 7, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $62 | Buy | Reiterates | $62 | +102.88% | Feb 18, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $114 → $57 | Hold | Maintains | $114 → $57 | +86.52% | Jun 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $51 → $51 | Hold | Maintains | $51 → $51 | +66.88% | Jan 11, 2024 |
Financial Forecast
Revenue This Year
38.74B
from 35.66B
Increased by 8.65%
Revenue Next Year
39.02B
from 38.74B
Increased by 0.73%
EPS This Year
3.78
from 2.85
Increased by 32.57%
EPS Next Year
3.84
from 3.78
Increased by 1.68%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 46.6B | 46.7B | 37.9B | ||
| Avg | 38.7B | 39.0B | 36.5B | ||
| Low | 28.0B | 26.5B | 35.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 30.7% | 20.6% | -2.8% | ||
| Avg | 8.6% | 0.7% | -6.6% | ||
| Low | -21.6% | -31.5% | -9.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.11 | 6.11 | 7.39 | ||
| Avg | 3.78 | 3.84 | 4.85 | ||
| Low | 2.28 | 1.86 | 3.30 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 79.4% | 61.7% | 92.4% | ||
| Avg | 32.6% | 1.7% | 26.2% | ||
| Low | -20.1% | -50.7% | -14.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.