Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
32.30
+0.22 (0.69%)
At close: Jan 12, 2026, 4:00 PM EST
32.53
+0.23 (0.71%)
Pre-market: Jan 13, 2026, 6:19 AM EST
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 $48.5, which forecasts a 50.15% increase in the stock price over the next year. The lowest target is $35 and the highest is $62.
Price Target: $48.5 (+50.15%)
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 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 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 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $36 → $35 | Strong Buy | Maintains | $36 → $35 | +8.36% | Jan 2, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $62 | Buy | Reiterates | $62 | +91.95% | Sep 24, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $64 → $62 | Buy | Maintains | $64 → $62 | +91.95% | Aug 8, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $63 | Buy | Reiterates | $63 | +95.05% | Mar 27, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +95.05% | Mar 7, 2025 |
Financial Forecast
Revenue This Year
39.13B
from 35.66B
Increased by 9.74%
Revenue Next Year
37.91B
from 39.13B
Decreased by -3.10%
EPS This Year
3.41
from 2.85
Increased by 19.57%
EPS Next Year
3.16
from 3.41
Decreased by -7.19%
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 | 43.7B | 45.2B | |||
| Avg | 39.1B | 37.9B | |||
| Low | 36.0B | 28.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.7% | 15.4% | |||
| Avg | 9.7% | -3.1% | |||
| Low | 0.9% | -26.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.85 | 4.47 | |||
| Avg | 3.41 | 3.16 | |||
| Low | 2.88 | 2.32 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 35.2% | 31.3% | |||
| Avg | 19.6% | -7.2% | |||
| Low | 1.1% | -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.