Mizuho cuts CNX Resources target to USD 38.00 for CNX Resources stock

Published on 10/15/2026 at 22:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CNX reports results on October 29, 2026 at 6:45 a.m. ET. CNX Resources stock costs EUR 30.84 on October 15, 2026, down 0.57 percent on Nasdaq.

Analyst target and earnings date

Mizuho lowered its CNX Resources target from USD 42.00 to USD 38.00 on October 13, 2026.
CNX Resources will report third-quarter results on October 29, 2026 at 6:45 a.m. ET.
CNX Resources stock costs EUR 30.84 at Lang & Schwarz on October 15, 2026 at 10:55 p.m. CEST, down 0.57 percent on Nasdaq.
CNX Resources had a P/E ratio of 5.71 and market capitalization of USD 5.1 billion on October 15, 2026.

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Mizuho lowered its CNX Resources target from USD 42.00 to USD 38.00 on October 13, 2026, while keeping a Neutral rating, according to Investing.com. Against the Nasdaq price of USD 34.62 on October 15, 2026, the revised target stands 9.76 percent above the stock. CNX Resources was last at EUR 30.84 at Lang & Schwarz on October 15, 2026 at 10:55 p.m. CEST, while the Nasdaq move was minus 0.57 percent from USD 34.82.

Second-quarter earnings set the baseline

CNX Resources reported USD 618.48 million in revenue and USD 202.94 million in net income for the second quarter of 2026. Diluted earnings per share reached USD 1.32. MarketBeat reported that adjusted earnings per share exceeded the USD 0.60 consensus estimate by USD 0.72, while revenue surpassed the USD 475.16 million estimate by USD 143.32 million. Revenue was down 35.70 percent from the year-earlier quarter.

Price position through October 15

The Nasdaq price of USD 34.62 stood 20.63 percent below CNX Resources' 52-week high of USD 43.62 and 12.47 percent above its low of USD 30.78. The stock traded 3.53 percent below its 200-day moving average of USD 35.89, using the October 15 price and the level reported for that date. Trading volume reached 1,399,877 shares against an average of 1,716,618.

Valuation and the next reporting date

CNX Resources carried a market capitalization of USD 5.1 billion and a P/E ratio of 5.71 on October 15, 2026. The next scheduled milestone is the third-quarter report on October 29, 2026 at 6:45 a.m. ET, followed by a 10:00 a.m. ET conference call, according to StockTitan.

On October 15, 2026, the two named Appalachian gas producers used for comparison were EQT and Antero Resources.

Comparison with peers

CNX Resources (NYSE, USD): minus 0.57 percent, P/E 5.71, market capitalization USD 5.1 billion

EQT (NYSE, USD): minus 0.57 percent, P/E 11.55, market capitalization USD 32.8 billion

Antero Resources (NYSE, USD): minus 0.52 percent, P/E 10.47, market capitalization USD 11.2 billion

What the numbers leave open

The target cut puts the revised USD 38.00 objective above the Nasdaq price, while the upcoming report will provide the next operating checkpoint. The second-quarter revenue comparison also leaves the stock balancing strong earnings against a 35.70 percent year-over-year revenue decline.

CNX Resources was trading at EUR 30.84 at Lang & Schwarz on October 15, 2026 at 10:55 p.m. CEST. The Nasdaq price was last at USD 34.62 at 4:00 p.m. ET, down 0.57 percent from USD 34.82.

The further course of trading is shown by the continuously updated real-time quote of CNX Resources stock.