Canadian Natural Resources Limited (CNQ) Stock Forecast
CNQ analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.65 / 5 from 23 analysts
- Price target
- $48.78 average of analyst targets
- Upside to target
- −9.3% from the latest close
- Next earnings
- November 5, 2026 EPS estimate $1.13
- 52-week range
- $29.91 – $53.80
CNQ analyst ratings
23 analystsNumber of analysts at each rating.
CNQ price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
CNQ earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.49 | $1.30 | $1.87 | $0.86 | +72.9% | 9 |
| Current fiscal year (2026) | $6.54 | $5.62 | $7.30 | $3.55 | +84.2% | 12 |
| Next fiscal year (2027) | $6.05 | $4.55 | $7.99 | $6.54 | −7.5% | 12 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
CNQ revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $12.14B | $11.98B | $12.45B | +27.6% | 4 |
| Current fiscal year (2026) | $49.18B | $44.75B | $51.89B | +26.9% | 7 |
| Next fiscal year (2027) | $44.12B | $39.39B | $48.03B | −10.3% | 7 |
CNQ EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
CNQ revenue: reported and forecast
CNQ EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.50 | $1.26 | $1.35 | $1.48 | $1.49 | −0.7% | 2 up · 0 down |
| Current fiscal year (2026) | $5.88 | $5.84 | $6.01 | $6.28 | $6.54 | +11.2% | 4 up · 1 down |
| Next fiscal year (2027) | $5.09 | $5.30 | $5.35 | $5.59 | $6.05 | +18.8% | 4 up · 1 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
CNQ earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; CNQ beat in 10 of 12.
What analysts expect from CNQ
23 analysts cover Canadian Natural Resources; their consensus rating is buy (3.65 on a 1–5 scale, where 5 is a strong buy). The average price target is $48.78, 9.3% below the latest close of $53.80. Analysts expect earnings of $6.54 per share for 2026, +84.2% from a year earlier. For 2027 the average estimate is $6.05 per share on revenue of $44.1 billion. Canadian Natural Resources beat the EPS estimate in 10 of the last 12 quarters.
Related: CNQ income statement, CNQ key metrics, CNQ chart. See the CNQ stock overview for the latest quote and news.
CNQ forecast FAQ
What is Canadian Natural Resources's price target?
The average analyst price target for Canadian Natural Resources is $48.78, 9.3% below the latest close of $53.80.
Is Canadian Natural Resources a buy, hold or sell?
Of 23 analysts covering Canadian Natural Resources, 7 rate it a strong buy, 3 a buy, 11 a hold, 2 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Canadian Natural Resources's EPS forecast?
Analysts forecast $6.54 per share for 2026 (range $5.62 to $7.30); for 2027 the estimate is $6.05.
What is Canadian Natural Resources's revenue forecast?
The average revenue estimate for 2026 is $49.2 billion, growth of 26.9%; for 2027 it is $44.1 billion.
When does Canadian Natural Resources report earnings?
Canadian Natural Resources is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens; the EPS estimate is $1.13.
Does Canadian Natural Resources usually beat earnings estimates?
Canadian Natural Resources reported EPS at or above the analyst estimate in 10 of the last 12 quarters.