Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
34.28
+0.70 (2.09%)
Dec 3, 2024, 9:34 AM EST - Market open
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 57.53% from the current stock price of 34.28.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 2 | 2 | 2 | 2 | 2 | 0 |
Hold | 4 | 4 | 4 | 4 | 4 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 6 | 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 | +66.28% | Jun 11, 2024 |
JP Morgan | JP Morgan | Hold Maintains $51 → $51 | Hold | Maintains | $51 → $51 | +48.77% | Jan 11, 2024 |
CIBC | CIBC | Buy Maintains $45 → $47 | Buy | Maintains | $45 → $47 | +35.65% | Aug 29, 2023 |
Jefferies | Jefferies | Hold Maintains $42 → $47 | Hold | Maintains | $42 → $47 | +37.11% | Aug 28, 2023 |
Wells Fargo | Wells Fargo | Hold Maintains $40 → $43 | Hold | Maintains | $40 → $43 | +23.98% | Aug 4, 2023 |
Financial Forecast
Revenue This Year
36.01B
from 35.97B
Increased by 0.10%
Revenue Next Year
37.12B
from 36.01B
Increased by 3.09%
EPS This Year
3.46
from 3.74
Decreased by -7.45%
EPS Next Year
3.54
from 3.46
Increased by 2.48%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 41.9B | 44.4B | 44.2B | ||
Avg | 36.0B | 37.1B | 37.3B | ||
Low | 32.9B | 29.8B | 28.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 16.4% | 23.3% | 19.0% | ||
Avg | 0.1% | 3.1% | 0.4% | ||
Low | -8.6% | -17.3% | -24.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.77 | 5.48 | 6.49 | ||
Avg | 3.46 | 3.54 | 4.19 | ||
Low | 3.25 | 2.40 | 2.46 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 0.9% | 58.6% | 83.2% | ||
Avg | -7.4% | 2.5% | 18.2% | ||
Low | -12.9% | -30.7% | -30.6% |
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.