Canadian Natural Resources stock trades at EUR 41.78 as targets rise

Published on 09/30/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canadian Natural Resources stock posted C$2.19 EPS and C$14.74 billion revenue for Q2 2026. CIBC raised its target from C$70.00 to C$75.00.

CNQ, CA1363851017, Illustration mit AI erstellt.

Canadian Natural Resources (ISIN CA1363851017) was trading at EUR 41.78 at Lang & Schwarz on September 30, 2026 at 2:41 p.m. CEST, up 0.46 percent from the prior close of EUR 41.59. The immediate investment question is valuation against a cluster of higher Canadian-dollar analyst targets.

Analyst targets move higher

According to MarketBeat on September 28, 2026, analysts had an average 12-month target of C$67.12, with seven Buy ratings and six Hold ratings. The same report said CIBC raised its target from C$70.00 to C$75.00 on August 27, 2026, while Raymond James lifted its target from C$66.00 to C$70.00 on September 16, 2026.

That target pattern matters because it shows a widening gap between the latest market quote and selected broker views, while the consensus itself remains below the C$75.00 high target. TD also raised its target from C$72.00 to C$73.00 on August 7, 2026, according to MarketBeat.

Q2 figures support the debate

For the quarter reported after August 6, 2026, Canadian Natural Resources posted quarterly EPS of C$2.19 on revenue of C$14.74 billion, with a 24.93 percent net margin and 26.67 percent return on equity, MarketBeat reported.

A separate Q2 2026 analysis published by The Globe and Mail described adjusted net earnings of C$4.6 billion, adjusted funds flow of C$6.9 billion and production of 1.68 million barrels of oil equivalent per day. The report also cited 2026 production guidance of 1.637 million to 1.682 million barrels of oil equivalent per day and capital spending of C$6.0 billion.

CNQ price and prior close

Canadian Natural Resources stock was trading at EUR 41.78 at Lang & Schwarz on September 30, 2026 at 2:41 p.m. CEST, plus 0.46 percent versus the Lang & Schwarz prior close of EUR 41.59 on September 29, 2026. The Toronto Stock Exchange listing provides the Canadian-dollar reference for the analyst targets, while Lang & Schwarz remains the euro reference for investors in Germany.