Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
53.64
-2.47 (-4.40%)
At close: Nov 2, 2026, 4:00 PM EST
53.64
0.00 (0.00%)
After-hours: Nov 2, 2026, 7:00 PM EST
Canadian Natural Resources Stock Forecast
Stock Price Forecast
According to 23 analysts polled by S&P Global, Canadian Natural Resources stock has a consensus rating of "Buy" and an average price target of $49.37. The average 1-year stock price forecast is 7.96% lower than the current stock price, while the lowest is $44.31 (-17.39%) and the highest is $59.18 (+10.33%).
Price Target: $49.37 (-7.96%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 3 | 4 | 4 | 4 | 2 | 2 |
| Hold | 11 | 10 | 11 | 11 | 12 | 12 |
| Sell | 1 | 2 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 23 | 23 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Maintains $50 → $61 | Buy | Maintains | $50 → $61 | +13.39% | Oct 22, 2026 |
Unknown Analyst National Bank No rating | National Bank | Hold Maintains $60 → $62 | Hold | Maintains | $60 → $62 | +14.73% | Oct 21, 2026 |
Unknown Analyst Desjardins No rating | Desjardins | Hold Maintains $52 → $53 | Hold | Maintains | $52 → $53 | -1.28% | Oct 20, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $52 → $57 | Hold | Maintains | $52 → $57 | +5.39% | Oct 19, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $50 → $54 | Buy | Maintains | $50 → $54 | +0.05% | Oct 16, 2026 |
Financial Forecast
Revenue This Year
49.18B
from 38.76B
Increased by 26.87%
Revenue Next Year
44.12B
from 49.18B
Decreased by -10.28%
EPS This Year
6.61
from 3.55
Increased by 86.14%
EPS Next Year
6.21
from 6.61
Decreased by -6.04%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.