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Canadian Natural Resources (CNQ) Stock Forecast & Price Target

Canadian Natural Resources logo
$31.15 -0.14 (-0.44%)
As of 10:33 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
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Canadian Natural Resources - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Moderate Buy
Based on 7 Analyst Ratings
Sell
0
Hold
2
Buy
5

Based on 7 Wall Street analysts who have issued ratings for Canadian Natural Resources in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for CNQ.

Consensus Price Target

$62.00
99.02% Upside
According to the 7 analysts' twelve-month price targets for Canadian Natural Resources, the average price target is $62.00. The highest price target for CNQ is $62.00, while the lowest price target for CNQ is $62.00. The average price target represents a forecasted upside of 99.02% from the current price of $31.15.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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CNQ Analyst Ratings Over Time

TypeCurrent Forecast
8/28/24 to 8/28/25		1 Month Ago
7/29/24 to 7/29/25		3 Months Ago
5/30/24 to 5/30/25		1 Year Ago
8/29/23 to 8/28/24
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
1 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$62.00$63.00$63.00$48.13
Forecasted Upside99.02% Upside95.61% Upside107.31% Upside31.80% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

CNQ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CNQ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Canadian Natural Resources Stock vs. The Competition

TypeCanadian Natural ResourcesEnergy CompaniesS&P 500
Consensus Rating Score
2.67
2.64
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside98.21% Upside50.35% Upside10.00% Upside
News Sentiment Rating
Positive News

See Recent CNQ News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/26/2025Zacks Research
0 of 5 stars		 UpgradeHold ➝ Strong-Buy
8/8/2025Raymond James Financial
4 of 5 stars		 Reiterated RatingOutperform ➝ Outperform
8/8/2025Royal Bank Of Canada
3 of 5 stars		Greg Pardy
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetOutperform ➝ Outperform$64.00 ➝ $62.00+104.42%
7/17/2025National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingSector Perform ➝ Sector Perform
7/11/2025Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingOutperform ➝ Outperform
3/7/2025Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		S. Richardson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeIn-Line ➝ Outperform
2/10/2025Tudor Pickering
Subscribe to MarketBeat All Access for the recommendation accuracy rating		J. Lambujon
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeStrong-Buy ➝ Hold
10/8/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating		C. Macculloch
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeHold ➝ Moderate Buy
7/18/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		D. Leggate
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated CoveragePeer Perform
1/11/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$50.50 ➝ $51.00+57.16%
8/29/2023CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperformer ➝ Outperformer$45.00 ➝ $46.50+45.97%
8/28/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetHold ➝ Hold$42.00 ➝ $47.00+51.64%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:33 AM ET.


Should I Buy Canadian Natural Resources Stock? CNQ Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 27, 2025. Please send any questions or comments about these Canadian Natural Resources pros and cons to contact@marketbeat.com.

Canadian Natural Resources
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Canadian Natural Resources Limited:

  • The current stock price is around $31.28, which reflects a recent increase of 2.6%, indicating positive market sentiment.
  • Canadian Natural Resources Limited has a strong market capitalization of approximately $64.98 billion, suggesting stability and investor confidence.
  • The company recently reported earnings per share of $0.51, surpassing analysts' expectations, which may indicate strong operational performance.
  • With a dividend yield of 5.5%, the company offers attractive returns to shareholders, making it appealing for income-focused investors.
  • Analysts have rated the stock as a "Moderate Buy" with an average target price of $62.00, suggesting potential for price appreciation.

Canadian Natural Resources
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Canadian Natural Resources Limited for these reasons:

  • The company has a current ratio of 0.85, which indicates potential liquidity issues, as it may struggle to cover short-term liabilities.
  • Despite recent earnings, the revenue of $6.39 billion fell short of analysts' expectations, which could raise concerns about future growth.
  • The stock has a debt-to-equity ratio of 0.38, which, while manageable, suggests that the company is using some leverage that could pose risks in volatile markets.
  • Recent institutional selling, such as Raymond James Financial Inc. trimming its position by 12.8%, may signal a lack of confidence among some investors.
  • Market fluctuations in the oil and gas sector can lead to volatility in stock performance, which may deter risk-averse investors.

CNQ Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Natural Resources is $62.00, with a high forecast of $62.00 and a low forecast of $62.00.

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last twelve months. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CNQ shares.

According to analysts, Canadian Natural Resources's stock has a predicted upside of 99.02% based on their 12-month stock forecasts.

Over the previous 90 days, Canadian Natural Resources's stock had 1 upgrade by analysts.

Canadian Natural Resources has been rated by research analysts at National Bankshares, Raymond James Financial, Royal Bank Of Canada, Scotiabank, and Zacks Research in the past 90 days.

Analysts like Canadian Natural Resources more than other "energy" companies. The consensus rating score for Canadian Natural Resources is 2.86 while the average consensus rating score for "energy" companies is 2.63. Learn more on how CNQ compares to other companies.

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This page (NYSE:CNQ) was last updated on 8/28/2025 by MarketBeat.com Staff
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