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NYSE: CNQ
Canadian Natural Resources Ltd Stock Forecast, Predictions & Price Target

Analyst price target for CNQ

Based on 1 analyst offering 12 month price targets for Canadian Natural Resources Ltd.
Min Forecast
$102.00+32.09%
Avg Forecast
$102.00+32.09%
Max Forecast
$102.00+32.09%

Should I buy or sell CNQ stock?

Based on 1 analyst offering ratings for Canadian Natural Resources Ltd.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CNQ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-11

1 of 1

Forecast return on equity

Is CNQ forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.17%

Forecast return on assets

Is CNQ forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CNQ revenue forecast

What is CNQ's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$25.8B-4.63%
Avg 2 year Forecast
$27.1B+0.26%
Avg 3 year Forecast
$27.8B+2.71%
CNQ's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CNQ earnings growth forecast

How is CNQ forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
26.82%
Industry
30.13%
Market
28.59%
CNQ's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CNQ's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

CNQ revenue growth forecast

How is CNQ forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
0.87%
Industry
5.82%
Market
9.43%
CNQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CNQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CNQ vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CNQ$77.22$102.00+32.09%Hold
EOG$132.40$143.65+8.49%Buy
PXD$267.79$263.13-1.74%Hold
OXY$65.98$75.60+14.58%Buy
HES$150.80$176.89+17.30%Buy

Canadian Natural Resources Stock Forecast FAQ

Is Canadian Natural Resources Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: CNQ) stock is to Hold CNQ stock.

Out of 1 analyst, 0 (0%) are recommending CNQ as a Strong Buy, 0 (0%) are recommending CNQ as a Buy, 1 (100%) are recommending CNQ as a Hold, 0 (0%) are recommending CNQ as a Sell, and 0 (0%) are recommending CNQ as a Strong Sell.

If you're new to stock investing, here's how to buy Canadian Natural Resources stock.

What is CNQ's revenue growth forecast for 2024-2026?

(NYSE: CNQ) Canadian Natural Resources's forecast annual revenue growth rate of 0.87% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 5.82%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.43%.

Canadian Natural Resources's revenue in 2024 is $26,447,058,823.On average, 3 Wall Street analysts forecast CNQ's revenue for 2024 to be $27,657,970,696,240, with the lowest CNQ revenue forecast at $27,234,423,156,640, and the highest CNQ revenue forecast at $28,204,737,915,040. On average, 3 Wall Street analysts forecast CNQ's revenue for 2025 to be $29,076,805,086,928, with the lowest CNQ revenue forecast at $27,483,447,018,320, and the highest CNQ revenue forecast at $30,060,239,684,800.

In 2026, CNQ is forecast to generate $29,789,151,028,520 in revenue, with the lowest revenue forecast at $29,600,165,928,720 and the highest revenue forecast at $29,978,136,128,320.

What is CNQ's forecast return on assets (ROA) for 2024-2026?

(NYSE: CNQ) forecast ROA is N/A, which is lower than the forecast US Oil & Gas E&P industry average of N/A.

What is CNQ's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CNQ price target, the average CNQ price target is $102.00, with the highest CNQ stock price forecast at $102.00 and the lowest CNQ stock price forecast at $102.00.

The Wall Street analyst predicted that Canadian Natural Resources's share price could reach $102.00 by Jan 11, 2025. The average Canadian Natural Resources stock price prediction forecasts a potential upside of 32.09% from the current CNQ share price of $77.22.

What is CNQ's forecast return on equity (ROE) for 2024-2026?

(NYSE: CNQ) forecast ROE is N/A, which is considered weak.
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