Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
49.10
+0.12 (0.24%)
At close: Mar 18, 2026, 4:00 PM EDT
49.45
+0.35 (0.72%)
After-hours: Mar 18, 2026, 7:59 PM EDT
Canadian Natural Resources Stock Forecast
Stock Price Forecast
The 2 analysts that cover Canadian Natural Resources stock have a consensus rating of "Strong Buy" and an average price target of $57, which forecasts a 16.09% increase in the stock price over the next year. The lowest target is $49 and the highest is $65.
Price Target: $57 (+16.09%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Canadian Natural Resources stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $37 → $49 | Strong Buy | Maintains | $37 → $49 | -0.20% | Mar 12, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $61 → $65 | Buy | Maintains | $61 → $65 | +32.38% | Mar 6, 2026 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $36 → $35 | Strong Buy | Maintains | $36 → $35 | -28.72% | Jan 2, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $62 | Buy | Reiterates | $62 | +26.27% | Sep 24, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $64 → $62 | Buy | Maintains | $64 → $62 | +26.27% | Aug 8, 2025 |
Financial Forecast
Revenue This Year
36.76B
from 38.76B
Decreased by -5.17%
Revenue Next Year
37.73B
from 36.76B
Increased by 2.64%
EPS This Year
2.90
from 5.16
Decreased by -43.73%
EPS Next Year
3.55
from 2.90
Increased by 22.25%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 45.2B | 46.0B | ||
| Avg | 36.8B | 37.7B | ||
| Low | 27.3B | 30.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 16.5% | 25.1% | ||
| Avg | -5.2% | 2.6% | ||
| Low | -29.7% | -16.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 4.19 | 5.24 | ||
| Avg | 2.90 | 3.55 | ||
| Low | 1.95 | 2.36 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | -18.8% | 80.4% | ||
| Avg | -43.7% | 22.3% | ||
| Low | -62.2% | -18.7% |
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.