Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
34.25
+0.37 (1.09%)
Nov 4, 2024, 4:00 PM EST - Market closed
Canadian Natural Resources Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CNQ stock have an average target of 54, with a low estimate of 51 and a high estimate of 57. The average target predicts an increase of 57.66% from the current stock price of 34.25.
Analyst Consensus: Hold
* Price targets were last updated on Jun 11, 2024.
Analyst Ratings
The average analyst rating for Canadian Natural Resources stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 2 | 2 | 2 | 2 | 2 | 0 |
Hold | 3 | 4 | 4 | 4 | 4 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 6 | 6 | 6 | 6 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Scotiabank | Scotiabank | Hold Maintains $114 → $57 | Hold | Maintains | $114 → $57 | +66.42% | Jun 11, 2024 |
JP Morgan | JP Morgan | Hold Maintains $51 → $51 | Hold | Maintains | $51 → $51 | +48.91% | Jan 11, 2024 |
CIBC | CIBC | Buy Maintains $45 → $47 | Buy | Maintains | $45 → $47 | +35.77% | Aug 29, 2023 |
Jefferies | Jefferies | Hold Maintains $42 → $47 | Hold | Maintains | $42 → $47 | +37.23% | Aug 28, 2023 |
Wells Fargo | Wells Fargo | Hold Maintains $40 → $43 | Hold | Maintains | $40 → $43 | +24.09% | Aug 4, 2023 |
Financial Forecast
Revenue This Year
36.09B
from 35.97B
Increased by 0.34%
Revenue Next Year
38.09B
from 36.09B
Increased by 5.55%
EPS This Year
3.45
from 3.74
Decreased by -7.57%
EPS Next Year
3.59
from 3.45
Increased by 4.13%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 42.8B | 50.7B | 47.0B | ||
Avg | 36.1B | 38.1B | 37.8B | ||
Low | 31.2B | 29.8B | 28.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 19.0% | 40.6% | 23.5% | ||
Avg | 0.3% | 5.5% | -0.8% | ||
Low | -13.1% | -17.5% | -26.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 4.59 | 5.48 | 6.65 | ||
Avg | 3.45 | 3.59 | 4.38 | ||
Low | 2.91 | 2.40 | 2.45 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 22.9% | 58.8% | 84.9% | ||
Avg | -7.6% | 4.1% | 21.7% | ||
Low | -22.0% | -30.6% | -31.8% |
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.