Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
50.62
+0.97 (1.95%)
Oct 12, 2026, 2:18 PM EDT - Market open

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 $48.18. The average 1-year stock price forecast is 4.82% lower than the current stock price, while the lowest is $43.21 (-14.64%) and the highest is $57.72 (+14.03%).

Price Target: $48.18 (-4.82%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$43.21$48.18$45.91$57.72
Change-14.64%-4.82%-9.30%+14.03%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy777777
Buy434444
Hold101110111111
Sell112111
Strong Sell000000
Total222223232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
CIBC
CIBC
Buy
Maintains
$53 → $56
BuyMaintains$53 → $56+11.14%Oct 9, 2026
Unknown Analyst
UBS
No rating
UBS
Buy
Reiterates
$54 → $56
BuyReiterates$54 → $56+9.75%Oct 9, 2026
Jefferies
Jefferies
Hold
Reiterates
$49
HoldReiterates$49-2.75%Oct 4, 2026
Raymond James
Raymond James
Buy
Maintains
$46 → $49
BuyMaintains$46 → $49-2.75%Sep 16, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$55 → $58
BuyMaintains$55 → $58+14.58%Aug 20, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
48.62B
from 38.76B
Increased by 25.44%
Revenue Next Year
42.90B
from 48.62B
Decreased by -11.78%
EPS This Year
6.28
from 3.55
Increased by 76.78%
EPS Next Year
5.59
from 6.28
Decreased by -10.92%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
30.06B42.30B35.97B35.66B38.76B48.62B
Revenue Growth
77.93%40.73%-14.97%-0.87%8.71%25.44%
Operating Income
9.48B14.80B10.47B9.72B8.16B17.80B
Net Income
7.66B10.94B8.23B6.11B10.82B11.99B
EPS
----3.556.28
EPS Growth
----2.60%76.78%
Forward PE
-----11.52
Dividend / Share
1.001.551.852.142.352.49
Dividend Growth
17.51%55.19%19.36%15.54%9.94%5.96%
Free Cash Flow
----8.78B13.11B
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High51.9B
Avg48.6B
Low44.8B

Revenue Growth

Revenue Growth202620272028
High
33.9%
Avg
25.4%
Low
15.4%

EPS Forecast

EPS202620272028
High7.30
Avg6.28
Low5.23

EPS Growth

EPS Growth202620272028
High
105.7%
Avg
76.8%
Low
47.3%