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

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$45.70

-1.96 (-4.11%)

CNQ Stock Forecast 2026-2027

$45.70
Current Price
$95.32B
Market Cap
22 Ratings
Buy 11
Hold 10
Sell 1
Wall St Analyst Ratings

Distance to CNQ Price Targets

+14.6%
To High Target of $52.38
-2.4%
To Median Target of $44.61
-10.9%
To Low Target of $40.70

CNQ Price Momentum

+0.7%
1 Week Change
+2.1%
1 Month Change
+44.7%
1 Year Change
+35.0%
Year-to-Date Change
-11.0%
From 52W High of $51.34
+56.0%
From 52W Low of $29.30
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Latest CNQ Stock Price Targets & Analyst Predictions

Based on our analysis of 3 Wall Street analysts, CNQ has a neutral consensus with a median price target of $44.61 (ranging from $40.70 to $52.38). The overall analyst rating is Buy (7.5/10). Currently trading at $45.70, the median forecast implies a -2.4% downside. This outlook is supported by 11 Buy, 10 Hold, and 1 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

11
Buy
10
Hold
1
Sell

CNQ Price Target Range

Low
$40.70
Average
$44.61
High
$52.38
Current: $45.70

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
Mar 12, 2026 Goldman Sachs Neil Mehta Buy Maintains $49.00
Mar 6, 2026 RBC Capital Greg Pardy Outperform Maintains $65.00
Jan 2, 2026 Goldman Sachs Buy Maintains $N/A
Sep 24, 2025 RBC Capital Outperform Reiterates $N/A
Aug 8, 2025 RBC Capital Outperform Maintains $N/A
Mar 27, 2025 RBC Capital Outperform Reiterates $N/A
Mar 7, 2025 RBC Capital Outperform Maintains $N/A
Feb 18, 2025 RBC Capital Outperform Reiterates $N/A
Jun 11, 2024 Scotiabank Sector Perform Maintains $N/A
Jan 11, 2024 JP Morgan Neutral Maintains $N/A
Aug 29, 2023 CIBC Outperformer Maintains $N/A
Aug 28, 2023 Jefferies Hold Maintains $N/A
Aug 4, 2023 Wells Fargo Equal-Weight Maintains $N/A
Jun 29, 2023 National Bank Financial Inc Outperform Maintains $N/A
Nov 21, 2022 Goldman Sachs Buy Upgrade $N/A
Jul 19, 2022 B of A Securities Buy Upgrade $N/A
May 20, 2022 Goldman Sachs Neutral Maintains $N/A
Jun 11, 2021 Goldman Sachs Buy Upgrade $N/A
May 14, 2020 Goldman Sachs Buy Upgrade $N/A
May 8, 2020 RBC Capital Outperform Maintains $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 $95.32B with a P/E ratio of 11.8x. The company generates $27.80B in trailing twelve-month revenue with a 25.1% profit margin.

Revenue growth is -1.2% quarter-over-quarter, while maintaining an operating margin of +21.8% and return on equity of +22.8%.

Valuation Metrics

Market Cap $95.32B
Enterprise Value $85.23B
P/E Ratio 11.8x
PEG Ratio 13.0x
Price/Sales 2.6x

Growth & Margins

Revenue Growth (YoY) -1.2%
Gross Margin N/A
Operating Margin +21.8%
Net Margin +25.1%
EPS Growth -45.2%

Financial Health

Cash/Price Ratio +0.8%
Current Ratio 1.0x
Debt/Equity 44.9x
ROE +22.8%
ROA +5.0%
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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 generates revenue through the acquisition, exploration, development, and sale of oil and natural gas. It operates across several segments, including Oil Sands Mining & Upgrading, Midstream & Refining, and Exploration & Production, which allow it to manage a diverse range of products and services.

Additional Information

With a strong focus on efficient operations, Canadian Natural Resources Limited has established a diversified portfolio in resource-rich areas, making it a key player in the energy sector. The company was founded in 1973 and is headquartered in Calgary, Canada.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

10,750

CEO

Country

Canada

IPO Year

2000

Canadian Natural Resources Limited (CNQ) Latest News & Analysis

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Latest News

CNQ stock latest news image
Quick Summary

CVX, XOM, BP, SHEL, and CNQ present high dividend yields, positive growth forecasts, and increasing earnings estimates in a volatile market.

Why It Matters

High dividend yields and strong growth outlooks from major oil companies signal potential stability and profitability, attracting income-focused investors during market fluctuations.

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

Canadian Natural Resources (CNQ) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its suitability.

Why It Matters

Interest in Canadian Natural Resources as a potential top stock pick suggests momentum, indicating possible price appreciation and investment opportunities for those tracking strong performers.

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

Canadian Natural Resources sees strong shareholder rewards potential with high oil prices. Q1 EPS was $0.65; FCF decreased by nearly $1 billion, but production rose 5%. Plans 100% FCF return post debt reduction.

Why It Matters

Elevated oil prices enhance Canadian Natural Resources' free cash flow, with potential for increased shareholder returns post-debt reduction, signaling strong future profitability and investment appeal.

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

CNQ reports record output and strong cash flows, leading to increased shareholder returns and positioning for sustainable long-term growth.

Why It Matters

CNQ's record output and strong cash flows indicate robust operational efficiency, while rising shareholder returns signal confidence in sustainable growth, enhancing its attractiveness to investors.

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

Inflation, rising oil prices, and geopolitical tensions favor income-oriented sectors like energy and select financials. Tanker shipping and refining firms may benefit from trade disruptions and tighter fuel markets.

Why It Matters

Persistent inflation and rising oil prices favor income-oriented sectors, particularly energy and select financials, offering potential defensive opportunities amid market volatility.

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

Canadian Natural Resources Limited has amended the dividend record date to June 23, 2026, from June 19, 2026, as noted in its May 7, 2026 press release regarding Q1 results.

Why It Matters

The change in dividend record date may affect cash flow timing for investors, potentially influencing buying or selling decisions around that period.

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 3 Wall Street analysts, Canadian Natural Resources Limited (CNQ) has a median price target of $44.61. The highest price target is $52.38 and the lowest is $40.70.

Is CNQ stock a good investment in 2026?

According to current analyst ratings, CNQ has 11 Buy ratings, 10 Hold ratings, and 1 Sell ratings. The stock is currently trading at $45.70. 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 $44.61 in the next 12 months. This represents a -2.4% decrease from the current price of $45.70. 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 generates revenue through the acquisition, exploration, development, and sale of oil and natural gas. It operates across several segments, including Oil Sands Mining & Upgrading, Midstream & Refining, and Exploration & Production, which allow it to manage a diverse range of products and services.

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

The highest price target for CNQ is $52.38 from at , which represents a 14.6% increase from the current price of $45.70.

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

The lowest price target for CNQ is $40.70 from at , which represents a -10.9% decrease from the current price of $45.70.

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

The overall analyst consensus for CNQ is neutral. Out of 3 Wall Street analysts, 11 rate it as Buy, 10 as Hold, and 1 as Sell, with a median price target of $44.61.

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: June 7, 2026 5:19 AM UTC
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