Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
44.79
-1.65 (-3.55%)
At close: Jul 27, 2026, 4:00 PM EDT
44.79
0.00 (0.00%)
Pre-market: Jul 28, 2026, 6:27 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 $46.44. The average 1-year stock price forecast is 3.68% higher than the current stock price, while the lowest is $41.24 (-7.93%) and the highest is $51.63 (+15.27%).

Price Target: $46.44 (+3.68%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$41.24$46.44$46.43$51.63
Change-7.93%+3.68%+3.66%+15.27%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy977777
Buy433434
Hold9910101111
Sell122111
Strong Sell000000
Total232122222223

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Maintains
$48
HoldMaintains$48+6.79%Jul 22, 2026
Unknown Analyst
Gerdes Energy Research
No rating
Gerdes Energy Research
Hold
Downgrades
n/a
HoldDowngradesn/an/aJul 21, 2026
Jefferies
Jefferies
Hold
Maintains
$49$46
HoldMaintains$49$46+2.00%Jul 20, 2026
Scotiabank
Scotiabank
Hold
Maintains
$51$50
HoldMaintains$51$50+11.57%Jul 18, 2026
RBC Capital
RBC Capital
Buy
Maintains
$57$56
BuyMaintains$57$56+25.91%Jul 16, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
45.04B
from 38.76B
Increased by 16.21%
Revenue Next Year
41.34B
from 45.04B
Decreased by -8.22%
EPS This Year
5.86
from 3.55
Increased by 65.01%
EPS Next Year
5.13
from 5.86
Decreased by -12.49%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
30.06B42.30B35.97B35.66B38.76B45.04B
Revenue Growth
77.93%40.73%-14.97%-0.87%8.71%16.21%
Operating Income
9.48B14.80B10.47B9.72B8.16B17.04B
Net Income
7.66B10.94B8.23B6.11B10.82B11.35B
EPS
----3.555.86
EPS Growth
----2.60%65.01%
Forward PE
-----10.79
Dividend / Share
1.001.551.852.142.352.50
Dividend Growth
-55.19%19.35%15.54%9.94%6.25%
Free Cash Flow
9.07B11.52B6.08B6.77B6.42B11.76B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High46.1B
Avg45.0B
Low44.7B

Revenue Growth

Revenue Growth202620272028
High
18.8%
Avg
16.2%
Low
15.3%

EPS Forecast

EPS202620272028
High6.92
Avg5.86
Low5.20

EPS Growth

EPS Growth202620272028
High
94.9%
Avg
65.0%
Low
46.5%