Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
30.37
-0.40 (-1.30%)
At close: May 30, 2025, 4:00 PM
30.55
+0.18 (0.59%)
After-hours: May 30, 2025, 7:27 PM EDT
Canadian Natural Resources Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Canadian Natural Resources stock ranges from a low of $57 to a high of $63. The average analyst price target of $60 forecasts a 97.56% increase in the stock price over the next year.
Price Target: $60.00 (+97.56%)
Analyst Consensus: Buy
* Price targets were last updated on Mar 27, 2025.
Analyst Ratings
The average analyst rating for Canadian Natural Resources stock 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 | +107.44% | Mar 27, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +107.44% | Mar 7, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $62 | Buy | Reiterates | $62 | +104.15% | Feb 18, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $114 → $57 | Hold | Maintains | $114 → $57 | +87.69% | Jun 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $51 → $51 | Hold | Maintains | $51 → $51 | +67.93% | 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.