Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
30.51
+0.47 (1.56%)
At close: May 9, 2025, 4:00 PM
30.60
+0.09 (0.29%)
After-hours: May 9, 2025, 7:50 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 96.66% from the current stock price of 30.51.
Analyst Consensus: Buy
* Price targets were last updated on Mar 27, 2025.
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $63 | Buy | Reiterates | $63 | +106.49% | Mar 27, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +106.49% | Mar 7, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $62 | Buy | Reiterates | $62 | +103.21% | Feb 18, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $114 → $57 | Hold | Maintains | $114 → $57 | +86.82% | Jun 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $51 → $51 | Hold | Maintains | $51 → $51 | +67.16% | Jan 11, 2024 |
Financial Forecast
Revenue This Year
42.89B
from 35.66B
Increased by 20.27%
Revenue Next Year
41.46B
from 42.89B
Decreased by -3.32%
EPS This Year
3.47
from 2.85
Increased by 21.65%
EPS Next Year
3.52
from 3.47
Increased by 1.43%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 77.1B | 69.5B | 49.6B | ||
| Avg | 42.9B | 41.5B | 41.5B | ||
| Low | 29.0B | 25.9B | 36.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 116.3% | 62.1% | 19.7% | ||
| Avg | 20.3% | -3.3% | 0.2% | ||
| Low | -18.7% | -39.7% | -12.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 5.03 | 6.05 | 7.39 |
| Avg | 3.47 | 3.52 | 5.01 |
| Low | 2.25 | 1.60 | 3.44 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 76.5% | 74.4% | 110.2% |
| Avg | 21.7% | 1.4% | 42.5% |
| Low | -20.9% | -53.9% | -2.1% |
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.