Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
47.97
+0.37 (0.78%)
At close: Aug 14, 2026, 4:00 PM EDT
48.00
+0.03 (0.06%)
Pre-market: Aug 17, 2026, 8:07 AM EDT

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 $48.5. The average 1-year stock price forecast is 1.10% higher than the current stock price, while the lowest is $44.33 (-7.59%) and the highest is $55.64 (+15.99%).

Price Target: $48.5 (+1.10%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$44.33$48.5$47.02$55.64
Change-7.59%+1.10%-1.98%+15.99%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy777777
Buy334344
Hold91010111011
Sell221121
Strong Sell000000
Total212222222323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Maintains
$48$54
HoldMaintains$48$54+12.12%Aug 13, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$55
BuyMaintains$55+14.65%Aug 7, 2026
Scotiabank
Scotiabank
Hold
Reiterates
$51$52
HoldReiterates$51$52+9.13%Aug 7, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$44$47
HoldMaintains$44$47-2.83%Aug 7, 2026
RBC Capital
RBC Capital
Buy
Reiterates
$57
BuyReiterates$57+18.10%Aug 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
46.53B
from 38.76B
Increased by 20.04%
Revenue Next Year
41.90B
from 46.53B
Decreased by -9.96%
EPS This Year
5.83
from 3.55
Increased by 64.35%
EPS Next Year
5.30
from 5.83
Decreased by -9.21%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
30.06B42.30B35.97B35.66B38.76B46.53B
Revenue Growth
77.93%40.73%-14.97%-0.87%8.71%20.04%
Gross Profit
16.30B23.61B18.19B17.58B18.79B25.26B
Gross Margin
54.23%55.83%50.56%49.30%48.46%54.30%
Operating Income
9.48B14.80B10.47B9.72B8.16B15.43B
Net Income
7.66B10.94B8.23B6.11B10.82B11.10B
EPS
----3.555.83
EPS Growth
----2.60%64.35%
Forward PE
-----11.40
Dividend / Share
1.001.551.852.142.352.48
Dividend Growth
17.51%55.19%19.36%15.54%9.94%5.65%
Free Cash Flow
9.07B11.52B6.08B6.77B6.42B12.69B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High49.4B
Avg46.5B
Low44.8B

Revenue Growth

Revenue Growth202620272028
High
27.5%
Avg
20.0%
Low
15.4%

EPS Forecast

EPS202620272028
High6.37
Avg5.83
Low5.23

EPS Growth

EPS Growth202620272028
High
79.6%
Avg
64.3%
Low
47.3%