CNX Resources Corporation (CNX)
NYSE: CNX · IEX Real-Time Price · USD
23.94
-0.27 (-1.12%)
Apr 25, 2024, 4:00 PM EDT - Market closed
CNX Resources Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for CNX Resources stock have an average target of 23.43, with a low estimate of 16 and a high estimate of 30. The average target predicts a decrease of -2.13% from the current stock price of 23.94.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CNX Resources stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 4 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $18 → $22 | Hold | Maintains | $18 → $22 | -8.10% | Apr 19, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $20 → $25 | Sell | Maintains | $20 → $25 | +4.43% | Apr 11, 2024 |
| Mizuho | Mizuho | Hold Maintains $24 → $25 | Hold | Maintains | $24 → $25 | +4.43% | Apr 11, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $28 → $30 | Strong Buy | Maintains | $28 → $30 | +25.31% | Apr 5, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $18 → $22 | Hold | Maintains | $18 → $22 | -8.10% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
1.71B
from 3.43B
Decreased by -50.19%
Revenue Next Year
1.90B
from 1.71B
Increased by 10.75%
EPS This Year
1.50
from 8.99
Decreased by -83.35%
EPS Next Year
2.04
from 1.50
Increased by 36.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0B | 2.3B | 2.3B |
| Avg | 1.7B | 1.9B | 2.0B |
| Low | 1.5B | 1.7B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -41.8% | 34.7% | 22.8% |
| Avg | -50.2% | 10.8% | 4.8% |
| Low | -55.2% | -3.6% | -11.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.22 | 3.03 | 3.40 |
| Avg | 1.50 | 2.04 | 2.68 |
| Low | 1.00 | 1.36 | 2.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -75.4% | 102.6% | 66.5% |
| Avg | -83.4% | 36.5% | 31.3% |
| Low | -88.9% | -9.0% | -0.7% |
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.