# Canadian Natural Resources (CNQ) — Analyst Forecast

CNQ · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cnq/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 10 | 13 | 3 | 26 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Mar 12, 2026 | Goldman Sachs | Maintained | Buy | $49.00 |
| Mar 6, 2026 | RBC Capital | Maintained | Outperform | $65.00 |
| Jan 2, 2026 | Goldman Sachs | Maintained | Buy | $35.00 |
| Sep 24, 2025 | RBC Capital | Maintained | Outperform | $62.00 |
| Aug 8, 2025 | RBC Capital | Maintained | Outperform | $62.00 |
| Jun 26, 2025 | Wells Fargo | Maintained | Equal-Weight | $46.00 |
| May 15, 2025 | Wells Fargo | Maintained | Equal-Weight | $42.00 |
| Apr 10, 2025 | CIBC | Maintained | Outperformer | $52.00 |
| Mar 27, 2025 | RBC Capital | Maintained | Outperform | $63.00 |
| Mar 19, 2025 | Scotiabank | Upgraded | Sector Perform → Sector Outperform | $56.00 |
| Mar 7, 2025 | RBC Capital | Maintained | Outperform | $63.00 |
| Mar 6, 2025 | RBC Capital | Maintained | Outperform | $62.00 |
| Feb 18, 2025 | RBC Capital | Maintained | Outperform | $62.00 |
| Dec 19, 2024 | JP Morgan | Maintained | Neutral | $53.00 |
| Dec 9, 2024 | Wells Fargo | Maintained | Equal-Weight | $50.00 |
| Nov 5, 2024 | RBC Capital | Maintained | Outperform | $63.00 |
| Nov 1, 2024 | RBC Capital | Maintained | Outperform | $63.00 |
| Aug 2, 2024 | RBC Capital | Maintained | Outperform | $62.00 |
| Jun 21, 2024 | Wells Fargo | Maintained | Equal-Weight | $52.00 |
| Jun 20, 2024 | RBC Capital | Maintained | Outperform | $60.00 |

## Frequently Asked Questions

### Is CNQ a buy, sell, or hold?

Analysts covering Canadian Natural Resources currently average a Hold rating: 10 buy, 13 hold and 3 sell, from 26 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on CNQ?

On Mar 12, 2026, Goldman Sachs maintained Canadian Natural Resources at Buy with a price target of $49.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).