Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
30.99
+0.97 (3.23%)
Feb 4, 2025, 4:00 PM EST - Market closed
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 57, which predicts an increase of 83.93% from the current stock price of 30.99.
Analyst Consensus: Hold
* Price targets were last updated on Jun 11, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Canadian Natural Resources is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $114 → $57 | Hold | Maintains | $114 → $57 | +83.93% | Jun 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $51 → $51 | Hold | Maintains | $51 → $51 | +64.57% | Jan 11, 2024 |
| CIBC | CIBC | Buy Maintains $45 → $47 | Buy | Maintains | $45 → $47 | +50.05% | Aug 29, 2023 |
| Jefferies | Jefferies | Hold Maintains $42 → $47 | Hold | Maintains | $42 → $47 | +51.66% | Aug 28, 2023 |
| Wells Fargo | Wells Fargo | Hold Maintains $40 → $43 | Hold | Maintains | $40 → $43 | +37.14% | Aug 4, 2023 |
Financial Forecast
Revenue This Year
36.59B
from 35.97B
Increased by 1.73%
Revenue Next Year
38.41B
from 36.59B
Increased by 4.98%
EPS This Year
3.59
from 3.74
Decreased by -3.96%
EPS Next Year
3.63
from 3.59
Increased by 1.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 42.2B | 46.6B | 46.7B | ||
| Avg | 36.6B | 38.4B | 39.2B | ||
| Low | 32.9B | 29.8B | 28.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.3% | 27.4% | 21.6% | ||
| Avg | 1.7% | 5.0% | 2.0% | ||
| Low | -8.6% | -18.7% | -26.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.25 | 5.34 | 6.04 |
| Avg | 3.59 | 3.63 | 4.05 |
| Low | 3.28 | 2.28 | 1.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.9% | 49.0% | 66.1% |
| Avg | -4.0% | 1.3% | 11.4% |
| Low | -12.1% | -36.5% | -50.6% |
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.