Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
46.31
+0.99 (2.18%)
At close: Mar 6, 2026, 4:00 PM EST
46.33
+0.02 (0.04%)
After-hours: Mar 6, 2026, 5:02 PM EST

Canadian Natural Resources Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Canadian Natural Resources stock have an average target of 50, with a low estimate of 35 and a high estimate of 65. The average target predicts an increase of 7.97% from the current stock price of 46.31.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $35 $50 $65 $65
Change -24.42% +7.97% +40.36% +40.36%

Analyst Ratings

The average analyst rating for Canadian Natural Resources stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy 000111
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 111222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$61$65
Buy Maintains $61$65 +40.36% Mar 6, 2026
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$36$35
Strong Buy Maintains $36$35 -24.42% Jan 2, 2026
RBC Capital
RBC Capital
Buy
Reiterates
$62
Buy Reiterates $62 +33.88% Sep 24, 2025
RBC Capital
RBC Capital
Buy
Maintains
$64$62
Buy Maintains $64$62 +33.88% Aug 8, 2025
RBC Capital
RBC Capital
Buy
Reiterates
$63
Buy Reiterates $63 +36.04% Mar 27, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
36.76B
from 38.76B
Decreased by -5.17%
Revenue Next Year
37.73B
from 36.76B
Increased by 2.64%
EPS This Year
2.90
from 5.16
Decreased by -43.73%
EPS Next Year
3.55
from 2.90
Increased by 22.25%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
30.06B42.30B35.97B35.66B38.76B36.76B37.73B
Revenue Growth
77.93%40.73%-14.97%-0.87%8.71%-5.17%2.64%
EPS
3.234.763.742.855.162.903.55
EPS Growth
-47.37%-21.43%-23.80%81.05%-43.73%22.25%
Forward PE
-----21.6417.70
No. Analysts -----1512
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2026202720282029
High 45.2B 46.0B
Avg 36.8B 37.7B
Low 27.3B 30.6B

Revenue Growth

Revenue Growth 2026202720282029
High
16.5%
25.1%
Avg
-5.2%
2.6%
Low
-29.7%
-16.9%

EPS Forecast

EPS 2026202720282029
High 4.19 5.24
Avg 2.90 3.55
Low 1.95 2.36

EPS Growth

EPS Growth 2026202720282029
High
-18.8%
80.4%
Avg
-43.7%
22.3%
Low
-62.2%
-18.7%
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.