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NYSE: CNX
Cnx Resources Corp Stock Forecast, Predictions & Price Target

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Analyst price target for CNX

Based on 6 analysts offering 12 month price targets for Cnx Resources Corp.
Min Forecast
$16.00-11.94%
Avg Forecast
$21.83+20.16%
Max Forecast
$27.00+48.6%

Should I buy or sell CNX stock?

Based on 6 analysts offering ratings for Cnx Resources Corp.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
6 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Truist Securities
Top 1%
100
HoldMaintains$18.00-0.94%2022-10-28
ScotiaBank
Bottom 44%
44
HoldAssumes$25.00+37.59%2022-07-25
MKM Partners
Top 1%
100
HoldAssumes$16.00-11.94%2022-07-20
Wells Fargo
Top 1%
100
HoldDowngrades$27.00+48.60%2022-07-11
Piper Sandler
Top 1%
100
HoldDowngrades$27.00+48.60%2022-04-21
JP Morgan
Top 45%
56
HoldDowngrades$18.00-0.94%2021-12-07

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Forecast return on equity

Is CNX forecast to generate an efficient return?
Company
26.57%
Industry
47.67%
Market
53.04%
CNX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CNX forecast to generate an efficient return on assets?
Company
6.08%
Industry
18.03%
CNX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CNX earnings per share forecast

What is CNX's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.86
Avg 2 year Forecast
$3.16
Avg 3 year Forecast
$2.91

CNX revenue forecast

What is CNX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$2.1B+127.95%
Avg 2 year Forecast
$2.1B+133.82%
Avg 3 year Forecast
$1.9B+102.42%
CNX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CNX revenue growth forecast

How is CNX forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
49.39%
Industry
-0.74%
Market
6.4%
CNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CNX vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CNX$18.17$21.83+20.16%Hold
VET$19.36$30.43+57.15%Buy
CRC$46.26$55.00+18.89%Strong Buy
KOS$6.41$9.87+53.93%Strong Buy
NOG$36.05$46.78+29.76%Strong Buy

Cnx Resources Stock Forecast FAQ

Is Cnx Resources Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: CNX) stock is to Hold CNX stock.

Out of 6 analysts, 0 (0%) are recommending CNX as a Strong Buy, 0 (0%) are recommending CNX as a Buy, 6 (100%) are recommending CNX as a Hold, 0 (0%) are recommending CNX as a Sell, and 0 (0%) are recommending CNX as a Strong Sell.

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

What is CNX's earnings growth forecast for 2022-2024?

(NYSE: CNX) Cnx Resources's forecast annual earnings growth rate of N/A is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 0.88%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.45%.

Cnx Resources's earnings in 2022 is -$686,343,000.On average, 6 Wall Street analysts forecast CNX's earnings for 2022 to be $516,164,209, with the lowest CNX earnings forecast at $447,582,950, and the highest CNX earnings forecast at $611,817,016. On average, 7 Wall Street analysts forecast CNX's earnings for 2023 to be $570,307,307, with the lowest CNX earnings forecast at $463,825,880, and the highest CNX earnings forecast at $702,055,514.

In 2024, CNX is forecast to generate $525,188,058 in earnings, with the lowest earnings forecast at $424,120,941 and the highest earnings forecast at $693,031,665.

What is CNX's revenue growth forecast for 2022-2024?

(NYSE: CNX) Cnx Resources's forecast annual revenue growth rate of 49.39% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of -0.74%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.4%.

Cnx Resources's revenue in 2022 is $915,572,000.On average, 4 Wall Street analysts forecast CNX's revenue for 2022 to be $376,661,446,393, with the lowest CNX revenue forecast at $347,418,217,300, and the highest CNX revenue forecast at $410,233,777,189. On average, 4 Wall Street analysts forecast CNX's revenue for 2023 to be $386,361,543,497, with the lowest CNX revenue forecast at $353,422,686,957, and the highest CNX revenue forecast at $426,079,116,007.

In 2024, CNX is forecast to generate $334,478,016,687 in revenue, with the lowest revenue forecast at $319,444,282,920 and the highest revenue forecast at $349,511,750,454.

What is CNX's forecast return on assets (ROA) for 2022-2024?

(NYSE: CNX) forecast ROA is 6.08%, which is lower than the forecast US Oil & Gas E&P industry average of 18.03%.

What is CNX's Price Target?

According to 6 Wall Street analysts that have issued a 1 year CNX price target, the average CNX price target is $21.83, with the highest CNX stock price forecast at $27.00 and the lowest CNX stock price forecast at $16.00.

On average, Wall Street analysts predict that Cnx Resources's share price could reach $21.83 by Oct 28, 2023. The average Cnx Resources stock price prediction forecasts a potential upside of 20.16% from the current CNX share price of $18.17.

What is CNX's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CNX) Cnx Resources's current Earnings Per Share (EPS) is -$3.87. On average, analysts forecast that CNX's EPS will be $2.86 for 2022, with the lowest EPS forecast at $2.48, and the highest EPS forecast at $3.39. On average, analysts forecast that CNX's EPS will be $3.16 for 2023, with the lowest EPS forecast at $2.57, and the highest EPS forecast at $3.89. In 2024, CNX's EPS is forecast to hit $2.91 (min: $2.35, max: $3.84).

What is CNX's forecast return on equity (ROE) for 2022-2024?

(NYSE: CNX) forecast ROE is 26.57%, which is considered strong.
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