Canadian Natural Resources Limited (CNQ) Stock Forecast
Data as of May 2, 2026Energy · Current price $47.09 (-1.27%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Mar 4, 2022 | Menno Hulshof | TD Securities | $61.27 | +30.1% |
| Mar 4, 2022 | Stephen Richardson | Evercore ISI | $45.36 | -3.7% |
| Mar 3, 2022 | Dennis Fong | CIBC | $63.66 | +35.2% |
| Jan 25, 2022 | Devin McDermott | Morgan Stanley | $50.93 | +8.1% |
| Jan 12, 2022 | Doug Leggate | Bank of America Securities | $54.91 | +16.6% |
| Jan 5, 2022 | Roger Read | Wells Fargo | $44.56 | -5.4% |
Top Analysts Covering CNQ
CNQ vs Sector & Market
| Metric | CNQ | Energy Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.00 | 2.54 | 2.41 |
| Analyst Count | 3 | 10 | 18 |
| Target Upside | -25.7% | +33.8% | +14.9% |
| P/E Ratio | 9.11 | 30.88 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $35.22B | $42.21B | $45.76B | 5 |
| 2027-03-31 | $10.21B | $11.00B | $11.62B | 1 |
| 2027-06-30 | $9.83B | $10.59B | $11.19B | 2 |
| 2027-09-30 | $10.41B | $11.22B | $11.85B | 2 |
| 2027-12-31 | $10.54B | $11.35B | $11.99B | 1 |
| 2028-03-31 | $10.21B | $11.00B | $11.62B | 1 |
| 2028-06-30 | $10.03B | $10.81B | $11.42B | 1 |
| 2028-09-30 | $9.96B | $10.73B | $11.33B | 1 |
| 2028-12-31 | $10.45B | $11.26B | $11.89B | 1 |
| 2029-12-31 | $40.13B | $47.68B | $51.02B | 2 |
| 2030-12-31 | $38.88B | $46.20B | $49.44B | 2 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $3.74 | $5.65 | $6.99 | 8 |
| 2027-03-31 | $0.95 | $1.05 | $1.13 | 1 |
| 2027-06-30 | $0.83 | $0.92 | $0.99 | 1 |
| 2027-09-30 | $0.96 | $1.05 | $1.13 | 1 |
| 2027-12-31 | $0.97 | $1.07 | $1.15 | 1 |
| 2028-03-31 | $1.06 | $1.17 | $1.26 | 2 |
| 2028-06-30 | $1.04 | $1.14 | $1.23 | 2 |
| 2028-09-30 | $1.06 | $1.17 | $1.26 | 2 |
| 2028-12-31 | $1.10 | $1.21 | $1.30 | 2 |
| 2029-12-31 | $4.61 | $5.80 | $6.33 | 4 |
| 2030-12-31 | $4.71 | $5.93 | $6.47 | 2 |
Frequently Asked Questions
What is the analyst consensus for CNQ?
The consensus among 3 analysts covering Canadian Natural Resources Limited (CNQ) is Buy with an average price target of $35.00.
What is the highest price target for CNQ?
The highest price target for CNQ is $63.66, set by Dennis Fong at CIBC on 2022-03-03.
What is the lowest price target for CNQ?
The lowest price target for CNQ is $44.56, set by Roger Read at Wells Fargo on 2022-01-05.
How many analysts cover CNQ?
3 analysts have issued ratings for Canadian Natural Resources Limited in the past 12 months.
Is CNQ a buy or sell right now?
Based on 3 analyst ratings, CNQ has a consensus rating of Buy (2.00/5) with a -25.7% upside to the consensus target of $35.00.
What are the earnings estimates for CNQ?
Analysts estimate CNQ will report EPS of $5.65 for the period ending 2026-12-31, with revenue estimated at $42.21B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.