Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
40.69
+1.34 (3.41%)
At close: Jul 7, 2026, 4:00 PM EDT
41.07
+0.38 (0.93%)
After-hours: Jul 7, 2026, 7:55 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 $45.87. The average 1-year stock price forecast is 12.73% higher than the current stock price, while the lowest is $39.88 (-1.99%) and the highest is $51.33 (+26.15%).
Price Target: $45.87 (+12.73%)
Analyst Consensus: Buy
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 3 | 3 | 4 | 3 | 4 |
| Hold | 9 | 9 | 10 | 10 | 11 | 10 |
| Sell | 1 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 21 | 22 | 22 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $43 | Hold | Maintains | $43 | +5.47% | Jul 2, 2026 |
| Desjardins | Desjardins | Hold Initiates $51 | Hold | Initiates | $51 | +24.49% | Jun 26, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $53 | Buy | Maintains | $53 | +30.25% | May 28, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $49 → $52 | Buy | Maintains | $49 → $52 | +27.95% | May 20, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $51 | Buy | Maintains | $51 | +24.49% | May 8, 2026 |
Financial Forecast
Revenue This Year
45.26B
from 38.76B
Increased by 16.76%
Revenue Next Year
41.42B
from 45.26B
Decreased by -8.49%
EPS This Year
5.96
from 3.55
Increased by 67.77%
EPS Next Year
5.15
from 5.96
Decreased by -13.45%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 46.5B | ||
| Avg | 45.3B | ||
| Low | 44.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 20.0% | ||
| Avg | 16.8% | ||
| Low | 14.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.46 | ||
| Avg | 5.96 | ||
| Low | 5.34 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 82.0% | ||
| Avg | 67.8% | ||
| Low | 50.5% |