CNX Resources Corp [CNX] Stock trading around $29.06 per share: What’s Next?

CNX Resources Corp [NYSE: CNX] loss -5.00% or -1.53 points to close at $29.06 with a heavy trading volume of 4935606 shares.

The daily chart for CNX points out that the company has recorded -18.76% loss over the past six months.

If we look at the average trading volume of 2.79M shares, CNX reached to a volume of 4935606 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about CNX Resources Corp [CNX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNX shares is $31.21 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNX stock is a recommendation set at 3.47. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Scotiabank have made an estimate for CNX Resources Corp shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on April 11, 2025. While these analysts kept the previous recommendation, Stephens raised their target price from $35 to $48. The new note on the price target was released on March 18, 2025, representing the official price target for CNX Resources Corp stock.

The Average True Range (ATR) for CNX Resources Corp is set at 1.22, with the Price to Sales ratio for CNX stock in the period of the last 12 months amounting to 2.97. The Price to Book ratio for the last quarter was 1.06, with the Price to Cash per share for the same quarter was set at 0.37. Price to Free Cash Flow for CNX in the course of the last twelve months was 15.53 with Quick ratio for the last quarter at 0.32.

Trading performance analysis for CNX stock

CNX Resources Corp [CNX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.89. With this latest performance, CNX shares dropped by -7.75% in over the last four-week period, additionally sinking by -18.76% over the last 6 months – not to mention a rise of 20.58% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CNX stock in for the last two-week period is set at 41.41, with the RSI for the last a single of trading hit 37.34, and the three-weeks RSI is set at 43.58 for CNX Resources Corp [CNX]. The present Moving Average for the last 50 days of trading for this stock 30.34, while it was recorded at 30.15 for the last single week of trading, and 31.39 for the last 200 days.

CNX Resources Corp [CNX]: A deeper dive into fundamental analysis

CNX Resources Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.32 and a Current Ratio set at 0.33.

CNX Resources Corp [CNX]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CNX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CNX Resources Corp go to 33.05%.

An analysis of Institutional ownership at CNX Resources Corp [CNX]

There are presently around $104.34%, or 109.07%% of CNX stock, in the hands of institutional investors. The top three institutional holders of CNX stocks are: BLACKROCK INC. with ownership of 18.95 million shares, which is approximately 12.4168%. VANGUARD GROUP INC, holding 15.53 million shares of the stock with an approximate value of $$377.42 million in CNX stocks shares; and VANGUARD GROUP INC, currently with $$291.22 million in CNX stock with ownership which is approximately 7.853%.