Based on ratings from 12 stock analysts, the CNX Resources Corp stock price is expected to decrease by 25.96% in 12 months. This is calculated by using the average 12-month stock price forecast for CNX Resources Corp. The lowest target is $20 and the highest is $35. Please note analyst price targets are not guaranteed and could be missed completely.
About 12 Wall Street analysts have assignedCNX 0 buy ratings, 7 hold ratings, and 5 sell ratings. This means that analysts expect CNX Resources Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CNX.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Zach Parham JP Morgan | Neutral | $31 | Maintains | Oct 30, 2024 |
Neal Dingmann Truist Securities | Hold | $34 | Downgrade | Oct 28, 2024 |
Mike Scialla Stephens & Co. | Equal-Weight | $35 | Maintains | Oct 25, 2024 |
Nitin Kumar Mizuho | Neutral | $33 | Maintains | Oct 14, 2024 |
Brian Velie Capital One | Equal-Weight | $25 | Downgrade | Oct 14, 2024 |
Phillip Jungwirth BMO Capital | Market Perform | $29 | Maintains | Oct 4, 2024 |
Neal Dingmann Truist Securities | Buy | $38 | Maintains | Sep 30, 2024 |
Nitin Kumar Mizuho | Neutral | $32 | Maintains | Sep 16, 2024 |
Zach Parham JP Morgan | Neutral | $27 | Maintains | Sep 12, 2024 |
Cameron Bean Scotiabank | Sector Underperform | $27 | Maintains | Aug 20, 2024 |
Mark Lear Piper Sandler | Underweight | $20 | Downgrade | Aug 15, 2024 |
Bertrand Hodee Truist Securities | Buy | $31 | Maintains | Jul 22, 2024 |
Mike Scialla Stephens & Co. | Equal-Weight | $27 | Reiterates | Jul 15, 2024 |
Nitin Kumar Mizuho | Neutral | $29 | Maintains | May 13, 2024 |
Kashy Harrison Piper Sandler | Neutral | $22 | Maintains | Apr 19, 2024 |
Nitin Kumar Mizuho | Neutral | $25 | Maintains | Apr 11, 2024 |
Cameron Bean Scotiabank | Sector Underperform | $25 | Maintains | Apr 11, 2024 |
Bertrand Hodee Truist Securities | Buy | $30 | Maintains | Apr 5, 2024 |
Leo Mariani Roth MKM | Neutral | $22 | Maintains | Apr 2, 2024 |
Bertrand Hodee Truist Securities | Buy | $28 | Maintains | Mar 13, 2024 |
When did it IPO
1999
Staff Count
470
Country
United States
Sector/Industry
Energy/Oil & Gas E&P
CEO
Mr. Nicholas J. DeIuliis
Market Cap
$6.05B
In 2023, CNX generated $1.51B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - CNX Resources Corporation held its Q3 2024 earnings call on October 24, 2024, involving key executives and analysts from various financial institutions.
Why It Matters - The earnings call provides insights into CNX Resources' financial performance and strategic direction, influencing investor sentiment and potential stock valuation.
Summary - CNX Resources Corporation (NYSE: CNX) announced its third quarter 2024 financial and operational results, available on its website for review.
Why It Matters - CNX Resources' Q3 2024 results could impact stock performance, investor sentiment, and operational outlook, influencing investment decisions and market valuations.
Summary - CNX Resources Corporation reported Q3 earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.32 per share.
Why It Matters - CNX's earnings beat expectations, indicating strong financial performance, which may boost investor confidence and potentially increase the stock's value.
Summary - CNX reported a year-over-year earnings increase in Q3 2024, but revenues declined, accompanied by a rise in interest expenses.
Why It Matters - CNX's earnings growth amid declining revenues signals operational efficiency, but rising interest expenses could pressure future profitability and cash flow, impacting investor sentiment.
Summary - CNX's Q3 earnings are projected to benefit from share repurchases, debt reduction, and a strategic plan to manage market oversupply.
Why It Matters - CNX's expected earnings growth from share repurchases and debt reduction signals strong financial health, potentially enhancing shareholder value and market confidence.
Summary - CNX Resources (CNX) is expected to have a strong earnings report due to favorable conditions, making it a potential candidate for an earnings beat. Investors should prepare for the upcoming results.
Why It Matters - CNX Resources' potential earnings beat could signal strong financial performance, positively impacting stock prices and investor sentiment.