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Canadian Natural Resources (CNQ) Stock Forecast & Price Target

Canadian Natural Resources logo
$47.75 +0.14 (+0.29%)
As of 03:10 PM Eastern

Canadian Natural Resources - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
4
Buy
7

Based on 11 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 11 analysts, 4 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for CNQ.

Consensus Price Target

$57.00
19.37% Upside
According to the 11 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 19.37% from the current price of $47.75.
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
8/12/25 to 8/12/26
1 Month Ago
7/13/25 to 7/13/26
3 Months Ago
5/14/25 to 5/14/26
1 Year Ago
8/12/24 to 8/12/25
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$57.00$57.00$57.00$62.00
Forecasted Upside19.37% Upside32.31% Upside19.89% Upside107.43% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

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 CompaniesBroader Market
Consensus Rating Score
2.73
2.41
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside19.50% Upside42.39% Upside11.79% Upside
News Sentiment Rating
Positive News

See Recent CNQ News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/7/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 Reiterated RatingBuy (B-)
8/7/2026
Scotiabank logo
Scotiabank
4 of 5 stars
 Reiterated RatingSector Perform
8/7/2026
TD Securities logo
TD Securities
4 of 5 stars
 Reiterated RatingBuy
7/21/2026 UpgradeHoldStrong-Buy
7/16/2026 UpgradeHold
5/7/2026 UpgradeMarket PerformOutperform
3/12/2026Boost TargetBuy$37.00 ➝ $49.00+0.96%
3/6/2026Boost TargetOutperform$61.00 ➝ $65.00+42.70%
3/5/2026 DowngradeStrong-BuyModerate Buy
1/6/2026 DowngradeOutperformIn-Line
10/16/2025 UpgradeHold
7/17/2025 Reiterated RatingSector Perform
2/10/2025DowngradeStrong-BuyHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:30 PM 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 Monday, August 10, 2026. 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 $51, which is significantly higher than its 12-month low of $29.30, indicating a strong recovery and potential for further growth.
  • The company reported earnings per share of $0.85 in its latest quarter, surpassing analysts' expectations, which reflects strong operational performance and profitability.
  • Canadian Natural Resources Limited has a solid dividend yield of 5.6%, providing investors with a reliable income stream, which is particularly attractive in the current market environment.
  • Analysts have a consensus rating of "Moderate Buy" with a target price of $57, suggesting that there is potential for price appreciation in the near term.
  • The company has demonstrated a strong return on equity of 17.49%, indicating effective management and the ability to generate profits from shareholders' investments.

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 experienced a decline in earnings per share compared to the same quarter last year, where it posted $1.16, indicating potential challenges in maintaining profitability.
  • Recent downgrades from some analysts, such as Weiss Ratings, which lowered its rating from "buy" to "buy (b-)", may signal concerns about future performance.
  • The dividend payout ratio is relatively high at 54.03%, which could limit the company's ability to reinvest in growth opportunities or respond to market fluctuations.
  • Market volatility in the oil and gas sector can impact stock performance, and fluctuations in commodity prices may pose risks to revenue stability.
  • Increased competition in the energy sector could affect market share and profitability, making it essential for the company to innovate and adapt to changing market conditions.

CNQ Forecast - Frequently Asked Questions

According to the research reports of 11 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.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Natural Resources in the last year. There are currently 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CNQ shares.

According to analysts, Canadian Natural Resources's stock has a predicted upside of 19.37% based on their 12-month stock forecasts.

Over the previous 90 days, Canadian Natural Resources's stock had 3 upgrades and 1 downgrade by analysts.

Canadian Natural Resources has been rated by research analysts at Desjardins, Scotiabank, TD Securities, Weiss Ratings, and Zacks Research in the past 90 days.

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.


This page (NYSE:CNQ) was last updated on 8/12/2026 by MarketBeat.com Staff.
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