14.7% Above Target

CNQ's consensus price target is $35, -14.7% below the current price of $41.05. The 37 analysts tracking CNQ see downside risk at present valuations.

CNQ has a consensus rating of "Buy" based on 37 Wall Street analysts. The rating breakdown is predominantly bullish, with 28 Buy/Strong Buy ratings. The consensus 12-month price target of $35 implies -14.7% downside from current levels.

With a forward P/E of 6.7932x, CNQ trades at a relatively low valuation. The consensus target of $35 implies -14.7% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $35 for CNQ, while the most conservative target is $35. The consensus of $35 represents the median expectation. Our quantitative valuation model projects a bull case target of $87 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

CNQ is heavily covered by Wall Street, with 37 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 27 have Buy ratings, 9 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month CNQ stock forecast based on 37 Wall Street analysts shows a consensus price target of $35, with estimates ranging from $35 (bear case) to $35 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $66, with bear/bull scenarios of $41/$87.

Our quantitative valuation model calculates CNQ's fair value at $66 (base case), with a bear case of $41 and bull case of $87. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.

CNQ trades at a forward P/E ratio of 6.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 11.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on CNQ, with 0 Sell ratings and a price target of $35 (-14.7% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

CNQ analyst price targets range from $35 to $35, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $35 consensus represents the middle ground. Our model's $41-$87 range provides an independent fundamental perspective.