Raymond James lifts Canadian Natural Resources Ltd [CNQ] price estimate. Who else is bullish?

Canadian Natural Resources Ltd [NYSE: CNQ] price plunged by -2.41 percent to reach at -$0.77.

A sum of 6804105 shares traded at recent session while its average daily volume was at 5.90M shares. Canadian Natural Resources Ltd shares reached a high of $31.81 and dropped to a low of $31.06 until finishing in the latest session at $31.23.

The one-year CNQ stock forecast points to a potential upside of 17.79. The average equity rating for CNQ stock is currently 1.65, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Canadian Natural Resources Ltd [CNQ]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNQ shares is $37.99 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNQ stock is a recommendation set at 1.65. 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.

Raymond James have made an estimate for Canadian Natural Resources Ltd shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 09, 2025. The new note on the price target was released on March 19, 2025, representing the official price target for Canadian Natural Resources Ltd stock.

The Price to Book ratio for the last quarter was 2.16, with the Price to Cash per share for the same quarter was set at 0.04. Price to Free Cash Flow for CNQ in the course of the last twelve months was 11.43 with Quick ratio for the last quarter at 0.54.

CNQ Stock Performance Analysis:

Canadian Natural Resources Ltd [CNQ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.43. With this latest performance, CNQ shares gained by 1.43% in over the last four-week period, additionally plugging by 15.97% over the last 6 months – not to mention a rise of 1.17% 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 CNQ stock in for the last two-week period is set at 53.02, with the RSI for the last a single of trading hit 0.62, and the three-weeks RSI is set at 0.63 for Canadian Natural Resources Ltd [CNQ]. The present Moving Average for the last 50 days of trading for this stock 31.15, while it was recorded at 31.53 for the last single week of trading, and 30.81 for the last 200 days.

Insight into Canadian Natural Resources Ltd Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Canadian Natural Resources Ltd [CNQ] shares currently have an operating margin of 28.32% and a Gross Margin at 29.86%. Canadian Natural Resources Ltd’s Net Margin is presently recorded at 21.93%.

Canadian Natural Resources Ltd (CNQ) Capital Structure & Debt Analysis

According to recent financial data for Canadian Natural Resources Ltd. ( CNQ), the Return on Equity (ROE) stands at 20.18%, reflecting robust shareholder value creation. The Return on Assets (ROA) is 10.11%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Canadian Natural Resources Ltd’s Return on Invested Capital (ROIC) is 14.00%, showcasing its effectiveness in deploying capital for earnings.

Canadian Natural Resources Ltd (CNQ) Efficiency & Liquidity Metrics

Based on Canadian Natural Resources Ltd’s (CNQ) latest financial statements, the Debt-to-Equity Ratio is 0.45%, indicating its reliance on debt financing relative to shareholder equity.

Canadian Natural Resources Ltd (CNQ) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Canadian Natural Resources Ltd. (CNQ) effectively leverages its workforce, generating an average of $561090.23 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.85% and a Quick Ratio of 0.54%, indicating strong ability to cover short-term liabilities.

CNQ Stock EPS

With the latest financial reports released by the company, Canadian Natural Resources Ltd posted 0.97/share EPS, while the average EPS was predicted by analysts to be reported at 0.91/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.06. 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 CNQ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Canadian Natural Resources Ltd go to 10.00%.

Canadian Natural Resources Ltd [CNQ] Institutonal Ownership Details

There are presently around $75.40%, or 77.16%% of CNQ stock, in the hands of institutional investors. The top three institutional holders of CNQ stocks are: CAPITAL WORLD INVESTORS with ownership of 290.59 million shares, which is approximately 13.6214%. ROYAL BANK OF CANADA, holding 114.83 million shares of the stock with an approximate value of $$4.09 billion in CNQ stocks shares; and ROYAL BANK OF CANADA, currently with $$3.98 billion in CNQ stock with ownership which is approximately 5.2335%.

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