Canadian Natural Resources (CNQ) Stock Forecast & Price Target $48.67 -0.02 (-0.04%) Closing price 05/22/2026 03:59 PM EasternExtended Trading$49.09 +0.42 (+0.86%) As of 05/22/2026 07:58 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock Canadian Natural Resources - Analysts' Recommendations and Stock Price Forecast (2026) How MarketBeat Calculates Price Target and Consensus Rating Consensus Rating Moderate BuyBased on 12 Analyst RatingsSell0Hold4Buy8 Based on 12 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 12 analysts, 4 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for CNQ. Consensus Price Target $57.0017.12% Upside According to the 12 analysts' twelve-month price targets for Canadian Natural Resources, the average price target is $57.00. The highest price target for CNQ is $65.00, while the lowest price target for CNQ is $49.00. The average price target represents a forecasted upside of 17.12% from the current price of $48.67. 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. Get the Latest News and Ratings for CNQ and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Canadian Natural Resources and its competitors. 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CNQ Analyst Ratings Over TimeTypeCurrent Forecast5/23/25 to 5/23/261 Month Ago4/23/25 to 4/23/263 Months Ago2/22/25 to 2/22/261 Year Ago5/23/24 to 5/23/25Strong Buy1 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy7 Buy rating(s)6 Buy rating(s)5 Buy rating(s)4 Buy rating(s)Hold4 Hold rating(s)6 Hold rating(s)6 Hold rating(s)2 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$57.00$57.00$48.50$63.00Forecasted Upside17.12% Upside25.42% Upside14.41% Upside103.09% UpsideConsensus RatingModerate BuyModerate BuyHoldModerate Buy CNQ Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe 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.Skip Chart & View Analyst Rating History CNQ Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe 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 CompetitionTypeCanadian Natural ResourcesEnergy CompaniesBroader MarketConsensus Rating Score 2.75 2.41 2.52Consensus RatingModerate BuyHoldModerate BuyPredicted Upside17.12% Upside31.45% Upside15.10% UpsideNews Sentiment RatingPositive NewsSee Recent CNQ NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export DateBrokerageAnalystActionRatingPrice TargetReport Date Upside/DownsideDetails5/20/2026 Scotiabank4 of 5 stars Reiterated RatingOutperform5/11/2026 Weiss RatingsNot Rated DowngradeBuy (B) ➝ Buy (B-)5/7/2026 Raymond James Financial3 of 5 stars UpgradeMarket Perform ➝ Outperform5/5/2026 Zacks ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold ➝ Strong-Buy3/12/2026 The Goldman Sachs GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingNeil MehtaSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetBuy$37.00 ➝ $49.00+0.96%3/6/2026 Royal Bank Of CanadaSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingGreg PardySubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOutperform$61.00 ➝ $65.00+42.70%3/5/2026 ATB Cormark Capital MarketsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeStrong-Buy ➝ Moderate Buy1/6/2026 EvercoreSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeOutperform ➝ In-Line11/24/2025 DesjardinsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeBuy ➝ Hold10/16/2025 Wells Fargo & CompanySubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold Get the Latest News and Ratings for CNQ and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Canadian Natural Resources and its competitors with MarketBeat's FREE daily newsletter. 9/30/2025 TD SecuritiesSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Reiterated RatingBuy7/17/2025 National Bank FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Reiterated RatingSector Perform2/10/2025 Tudor PickeringSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJ. LambujonSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingDowngradeStrong-Buy ➝ Hold7/18/2024 Wolfe ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingDoug LeggateSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingInitiated CoveragePeer PerformAnalyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:20 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 Thursday, May 21, 2026. Please send any questions or comments about these Canadian Natural Resources pros and cons to contact@marketbeat.com. Canadian Natural Resources Bull Case Here are some ways that investors could benefit from investing in Canadian Natural Resources Limited: Canadian Natural Resources Limited recently reported earnings that exceeded analyst expectations, indicating strong operational performance which can lead to increased investor confidence. The current stock price is around $44.52, which is significantly higher than its one-year low of $29.30, suggesting a positive trend in the stock's performance. The company has a solid dividend yield of 5.6%, providing a reliable income stream for investors focused on cash returns. Recent upgrades from analysts, including a shift to “outperform” from “market perform,” reflect growing confidence in the company's future prospects. Canadian Natural Resources Limited has a manageable debt-to-equity ratio of 0.36, indicating a lower level of debt relative to equity, which can be a sign of financial stability. Canadian Natural Resources Bear Case Investors should be bearish about investing in Canadian Natural Resources Limited for these reasons: Despite strong revenue growth, the company has reported softer profitability metrics compared to the previous year, which may raise concerns about its long-term profitability. The stock has a beta of 0.47, indicating lower volatility compared to the market, which might not appeal to investors seeking high-risk, high-reward opportunities. With a current ratio of 0.95, the company is slightly below the ideal threshold of 1, suggesting potential liquidity issues in meeting short-term obligations. Analysts have noted that while earnings beat expectations, the overall sentiment may be tempered due to lower gross and operating profits year over year. The market cap of $92.87 billion indicates a large company, which may limit growth potential compared to smaller, more agile firms in the sector. CNQ Forecast - Frequently Asked Questions What is Canadian Natural Resources' forecast for 2026? According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Natural Resources is $57.00, with a high forecast of $65.00 and a low forecast of $49.00. Should I buy or sell Canadian Natural Resources stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CNQ shares. Does Canadian Natural Resources's stock price have much upside? According to analysts, Canadian Natural Resources's stock has a predicted upside of 17.12% based on their 12-month stock forecasts. Has Canadian Natural Resources been upgraded or downgraded by Wall Street analysts recently? Over the previous 90 days, Canadian Natural Resources's stock had 4 upgrades and 4 downgrades by analysts. What analysts cover Canadian Natural Resources? Canadian Natural Resources has been rated by research analysts at ATB Cormark Capital Markets, Raymond James Financial, Royal Bank Of Canada, Scotiabank, The Goldman Sachs Group, Weiss Ratings, and Zacks Research in the past 90 days. Do Wall Street analysts like Canadian Natural Resources more than its competitors? Analysts like Canadian Natural Resources more than other "energy" companies. The consensus rating for Canadian Natural Resources is Moderate Buy while the average consensus rating for "energy" companies is Hold. Learn more on how CNQ compares to other companies. Stock Forecasts and Research Tools Related Companies FANG Stock Forecast CVE Stock Forecast DVN Stock Forecast EOG Stock Forecast MGY Stock Forecast MTDR Stock Forecast OVV Stock Forecast SU Stock Forecast VET Stock Forecast IMO Stock Forecast Today's Analyst Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Brokerages With Canadian Natural Resources RecommendationsScotiabankWeiss RatingsRaymond James FinancialZacks ResearchThe Goldman Sachs GroupRoyal Bank Of CanadaATB Cormark Capital MarketsWall Street ZenEvercoreDesjardinsWells Fargo & CompanyTD SecuritiesNational Bank Financial This page (NYSE:CNQ) was last updated on 5/23/2026 by MarketBeat.com Staff. 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