Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
48.61
-0.08 (-0.16%)
At close: May 22, 2026, 4:00 PM EDT
49.00
+0.39 (0.80%)
After-hours: May 22, 2026, 7:58 PM EDT
Canadian Natural Resources Stock Forecast
Stock Price Forecast
According to 22 analysts polled by S&P Global, Canadian Natural Resources stock has a consensus rating of "Buy" and an average price target of $45.79. The average 1-year stock price forecast is 5.80% lower than the current stock price, while the lowest is $40.76 (-16.15%) and the highest is $52.67 (+8.35%).
Price Target: $45.79 (-5.80%)
Analyst Consensus: Buy
* Price targets were last updated on Mar 12, 2026.
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 '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $37 → $49 | Strong Buy | Maintains | $37 → $49 | +0.80% | Mar 12, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $61 → $65 | Buy | Maintains | $61 → $65 | +33.72% | Mar 6, 2026 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $36 → $35 | Strong Buy | Maintains | $36 → $35 | -28.00% | Jan 2, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $62 | Buy | Reiterates | $62 | +27.55% | Sep 24, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $64 → $62 | Buy | Maintains | $64 → $62 | +27.55% | Aug 8, 2025 |
Financial Forecast
Revenue This Year
41.05B
from 38.76B
Increased by 5.91%
Revenue Next Year
40.92B
from 41.05B
Decreased by -0.33%
EPS This Year
4.57
from 5.16
Decreased by -11.42%
EPS Next Year
4.14
from 4.57
Decreased by -9.48%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 53.4B | 49.6B | ||||||
| Avg | 41.1B | 40.9B | ||||||
| Low | 27.6B | 30.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 37.7% | 20.8% | ||||||
| Avg | 5.9% | -0.3% | ||||||
| Low | -28.7% | -24.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 6.69 | 5.65 | |||
| Avg | 4.57 | 4.14 | |||
| Low | 1.91 | 1.72 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 29.6% | 23.6% | |||
| Avg | -11.4% | -9.5% | |||
| Low | -63.0% | -62.3% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.