Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
32.12
-1.26 (-3.77%)
At close: Jun 23, 2025, 4:00 PM
31.88
-0.24 (-0.75%)
After-hours: Jun 23, 2025, 7:56 PM EDT
Canadian Natural Resources Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Canadian Natural Resources stock has a target of 63, which predicts a 96.14% increase from the current stock price of 32.12.
Price Target: $63 (+96.14%)
Analyst Consensus: Buy
* Price targets were last updated on Mar 27, 2025.
Analyst Ratings
According to 1 stock analyst, the rating for Canadian Natural Resources is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $63 | Buy | Reiterates | $63 | +96.14% | Mar 27, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +96.14% | Mar 7, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $62 | Buy | Reiterates | $62 | +93.03% | Feb 18, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $114 → $57 | Hold | Maintains | $114 → $57 | +77.46% | Jun 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $51 → $51 | Hold | Maintains | $51 → $51 | +58.78% | Jan 11, 2024 |
Financial Forecast
Revenue This Year
43.00B
from 35.66B
Increased by 20.59%
Revenue Next Year
41.32B
from 43.00B
Decreased by -3.90%
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 | 49.2B | ||
| Avg | 43.0B | 41.3B | 41.5B | ||
| Low | 31.9B | 26.1B | 36.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 116.3% | 61.6% | 19.0% | ||
| Avg | 20.6% | -3.9% | 0.3% | ||
| Low | -10.4% | -39.3% | -12.3% |
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.