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CNQ Stock Forecast: Canadian Natural Resources Limited Price Predictions for 2026

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$33.57

+1.02 (3.13%)

CNQ Stock Forecast 2025-2026

$33.57
Current Price
$70.27B
Market Cap
22 Ratings
Buy 15
Hold 7
Sell 0
Wall St Analyst Ratings

Distance to CNQ Price Targets

+31.6%
To High Target of $44.18
+6.9%
To Median Target of $35.89
+1.8%
To Low Target of $34.19

CNQ Price Momentum

+6.0%
1 Week Change
+8.8%
1 Month Change
+1.4%
1 Year Change
+8.7%
Year-to-Date Change
-4.0%
From 52W High of $34.98
+36.2%
From 52W Low of $24.65
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Latest CNQ Stock Price Targets & Analyst Predictions

Based on our analysis of 11 Wall Street analysts, CNQ has a bullish consensus with a median price target of $35.89 (ranging from $34.19 to $44.18). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $33.57, the median forecast implies a 6.9% upside. This outlook is supported by 15 Buy, 7 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CNQ Analyst Ratings

15
Buy
7
Hold
0
Sell

CNQ Price Target Range

Low
$34.19
Average
$35.89
High
$44.18
Current: $33.57

Latest CNQ Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CNQ.

Date Firm Analyst Rating Change Price Target
Sep 24, 2025 RBC Capital Greg Pardy Outperform Reiterates $62.00
Aug 8, 2025 RBC Capital Greg Pardy Outperform Maintains $62.00
Mar 27, 2025 RBC Capital Greg Pardy Outperform Reiterates $63.00
Mar 7, 2025 RBC Capital Greg Pardy Outperform Maintains $63.00
Feb 18, 2025 RBC Capital Greg Pardy Outperform Reiterates $62.00
Jun 11, 2024 Scotiabank Jason Bouvier Sector Perform Maintains $N/A
Jan 11, 2024 JP Morgan John Royall Neutral Maintains $102.00
Aug 29, 2023 CIBC Dennis Fong Outperformer Maintains $93.00
Aug 28, 2023 Jefferies Lloyd Byrne Hold Maintains $94.00
Aug 4, 2023 Wells Fargo Roger Read Equal-Weight Maintains $85.00
Jun 29, 2023 National Bank Financial Inc Travis Wood Outperform Maintains $93.00
Nov 21, 2022 Goldman Sachs Neil Mehta Buy Upgrade $69.00
Jul 19, 2022 B of A Securities Doug Leggate Buy Upgrade $N/A
May 20, 2022 Goldman Sachs Neutral Maintains $72.00
Jun 11, 2021 Goldman Sachs Neil Mehta Buy Upgrade $44.00
May 14, 2020 Goldman Sachs Buy Upgrade $N/A
May 8, 2020 RBC Capital Outperform Maintains $27.00
Dec 11, 2019 Tudor Pickering Buy Upgrade $N/A
Oct 8, 2019 Tudor Pickering Hold Downgrade $N/A
Oct 2, 2019 National Bank Financial Sector Perform Downgrade $N/A

Canadian Natural Resources Limited (CNQ) Competitors

The following stocks are similar to Canadian Natural based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Canadian Natural Resources Limited (CNQ) Financial Data

Canadian Natural Resources Limited has a market capitalization of $70.27B with a P/E ratio of 14.4x. The company generates $27.60B in trailing twelve-month revenue with a 17.2% profit margin.

Revenue growth is +7.0% quarter-over-quarter, while maintaining an operating margin of +9.7% and return on equity of +16.6%.

Valuation Metrics

Market Cap $70.27B
Enterprise Value $61.59B
P/E Ratio 14.4x
PEG Ratio -0.2x
Price/Sales 1.8x

Growth & Margins

Revenue Growth (YoY) +7.0%
Gross Margin +12.6%
Operating Margin +9.7%
Net Margin +17.2%
EPS Growth -73.5%

Financial Health

Cash/Price Ratio +0.2%
Current Ratio 0.9x
Debt/Equity 46.3x
ROE +16.6%
ROA +6.9%
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Canadian Natural Resources Limited logo

Canadian Natural Resources Limited (CNQ) Business Model

About Canadian Natural Resources Limited

What They Do

Independent oil and natural gas producer.

Business Model

The company operates by acquiring, exploring, developing, and producing crude oil and natural gas. It generates revenue through the sale of a diversified product portfolio that includes various types of crude oil and natural gas, leveraging its significant reserves of long-life, low-decline assets.

Additional Information

Canadian Natural Resources Limited has extensive operations in Western Canada, the UK North Sea, and offshore Africa. It manages substantial midstream infrastructure and has a strong financial profile with a history of robust revenues. The company's international presence enhances its role as a major energy provider, contributing to economic activity while adapting to global market conditions.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

10,640

CEO

Country

Canada

IPO Year

2000

Canadian Natural Resources Limited (CNQ) Latest News & Analysis

Featured Analysis
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Latest News

CNQ stock latest news image
Quick Summary

Canadian Natural Resources offers a 5.3% dividend yield and trades at a discount. It has a BBB+ rating, low leverage, and a 25-year dividend growth streak, appealing to income and value investors.

Why It Matters

Canadian Natural Resources' high dividend yield, strong cash flow, and solid credit rating indicate financial stability and potential for reliable income, appealing to income and value-focused investors.

Source: Seeking Alpha
Market Sentiment: Positive
CNQ stock latest news image
Quick Summary

CNQ reports Q3 earnings beat driven by increased output and revenue, though profits are impacted by rising expenses and lower oil prices.

Why It Matters

CNQ's Q3 earnings beat indicates strong operational performance, but rising costs and lower oil prices could signal potential profit margin pressures ahead, affecting future valuations.

Source: Zacks Investment Research
Market Sentiment: Positive
CNQ stock latest news image
Quick Summary

Canadian Natural Resources Limited held an Investor Open House on November 7, 2025, discussing its strategic advantages, asset base, and future outlook with key executives present.

Why It Matters

Canadian Natural Resourcesโ€™ open house highlights strategic advantages and asset strength, signaling potential growth and profitability, which may influence investor sentiment and stock performance.

Source: Seeking Alpha
Market Sentiment: Neutral
CNQ stock latest news image
Quick Summary

Canadian Natural Resources projects modest production growth for 2026 and plans to reduce total capital spending, emphasizing efficiency and disciplined growth strategies.

Why It Matters

Canadian Natural Resources' production forecast and reduced spending indicate a strategic shift towards efficiency, potentially enhancing profitability and stability, which could attract investor interest.

Source: Reuters
Market Sentiment: Positive
CNQ stock latest news image
Quick Summary

Canadian Natural Resources Limited (CNQ:CA) will hold its Q3 2025 Earnings Call on November 6, 2025, at 11:00 AM EST, featuring key executives and analysts from major financial institutions.

Why It Matters

The earnings call provides insights into Canadian Natural Resources' financial performance, strategies, and outlook, influencing investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
CNQ stock latest news image
Quick Summary

Canadian Natural Resources Limited (TSX: CNQ, NYSE: CNQ) declared a quarterly cash dividend of C$0.5875, payable on January 6, 2026, to shareholders on record by December 12, 2025.

Why It Matters

Canadian Natural Resources' dividend declaration signals financial health and commitment to returning value to shareholders, potentially influencing stock demand and price stability.

Source: Newsfile Corp
Market Sentiment: Neutral

Frequently Asked Questions About CNQ Stock

What is Canadian Natural Resources Limited's (CNQ) stock forecast for 2026?

Based on our analysis of 11 Wall Street analysts, Canadian Natural Resources Limited (CNQ) has a median price target of $35.89. The highest price target is $44.18 and the lowest is $34.19.

Is CNQ stock a good investment in 2026?

According to current analyst ratings, CNQ has 15 Buy ratings, 7 Hold ratings, and 0 Sell ratings. The stock is currently trading at $33.57. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CNQ stock?

Wall Street analysts predict CNQ stock could reach $35.89 in the next 12 months. This represents a 6.9% increase from the current price of $33.57. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Canadian Natural Resources Limited's business model?

The company operates by acquiring, exploring, developing, and producing crude oil and natural gas. It generates revenue through the sale of a diversified product portfolio that includes various types of crude oil and natural gas, leveraging its significant reserves of long-life, low-decline assets.

What is the highest forecasted price for CNQ Canadian Natural Resources Limited?

The highest price target for CNQ is $44.18 from at , which represents a 31.6% increase from the current price of $33.57.

What is the lowest forecasted price for CNQ Canadian Natural Resources Limited?

The lowest price target for CNQ is $34.19 from at , which represents a 1.8% increase from the current price of $33.57.

What is the overall CNQ consensus from analysts for Canadian Natural Resources Limited?

The overall analyst consensus for CNQ is bullish. Out of 11 Wall Street analysts, 15 rate it as Buy, 7 as Hold, and 0 as Sell, with a median price target of $35.89.

How accurate are CNQ stock price projections?

Stock price projections, including those for Canadian Natural Resources Limited, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: November 15, 2025 9:49 AM UTC
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