Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
39.49
-0.11 (-0.28%)
At close: Jun 26, 2026, 4:00 PM EDT
39.67
+0.18 (0.45%)
After-hours: Jun 26, 2026, 7:59 PM EDT

Canadian Natural Resources Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Canadian Natural Resources stock have an average target of 47.11, with a low estimate of 33.1 and a high estimate of 56.34. The average target predicts an increase of 19.30% from the current stock price of 39.49.

Analyst Consensus: Buy
Target Low Average Median High
Price $33.1 $47.11 $49.3 $56.34
Change -16.18% +19.30% +24.84% +42.67%

Analyst Ratings

The average analyst rating for Canadian Natural Resources stock from 22 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 997777
Buy 443344
Hold 999101010
Sell 112211
Strong Sell 000000
Total 232321222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$51$43
Hold Maintains $51$43 +8.78% Jun 23, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$53
Buy Maintains $53 +34.21% May 28, 2026
Scotiabank
Scotiabank
Buy
Maintains
$49$52
Buy Maintains $49$52 +31.97% May 20, 2026
TD Cowen
TD Cowen
Buy
Maintains
$51
Buy Maintains $51 +28.40% May 8, 2026
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Buy
Reiterates
$49
Buy Reiterates $49 +24.83% May 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
45.74B
from 38.76B
Increased by 18.01%
Revenue Next Year
41.76B
from 45.74B
Decreased by -8.70%
EPS This Year
5.96
from 3.55
Increased by 67.87%
EPS Next Year
5.09
from 5.96
Decreased by -14.60%
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
30.06B42.30B35.97B35.66B38.76B45.74B41.76B
Revenue Growth
77.93%40.73%-14.97%-0.87%8.71%18.01%-8.70%
EPS
3.234.763.742.855.165.395.13
EPS Growth
-47.37%-21.43%-23.80%81.05%4.49%-4.82%
Forward PE
-----10.4010.92
No. Analysts -----77
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 48.7B 43.9B
Avg 45.7B 41.8B
Low 44.3B 40.8B

Revenue Growth

Revenue Growth 202620272028
High
25.5%
-4.1%
Avg
18.0%
-8.7%
Low
14.2%
-10.8%

EPS Forecast

EPS 202620272028
High 6.46 6.50
Avg 5.96 5.09
Low 5.34 3.50

EPS Growth

EPS Growth 202620272028
High
82.0%
9.0%
Avg
67.9%
-14.6%
Low
50.5%
-41.2%
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.