CNX trades 10.2% below Wall Street's consensus target of $36.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CNX achieves its forward estimates and maintains a stable P/E multiple of 10.4x. This scenario reflects the blended consensus of 41 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, CNX Resources Corporation (CNX) has a Wall Street consensus price target of $36.00, based on estimates from 41 covering analysts. With the stock currently trading at $32.67, this represents a potential upside of +10.2%. The company has a market capitalization of $4.64B.
Analyst price targets range from a low of $26.00 to a high of $44.00, representing a 50% spread in expectations. The median target of $35.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 14 analysts rating the stock as a Buy or Strong Buy,20 rating it Hold, and 7 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, CNX trades at a trailing P/E of 8.2x and forward P/E of 10.4x. Analysts expect EPS to grow -59.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $30.15, with bear and bull scenarios of $18.99 and $39.72 respectively. Model confidence stands at 46/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
ARAntero Resources Corporation | $10.3B | $33.22 | $51.14 | +53.9% | Buy | 7.4x | 50 |
EQTEQT Corporation | $31.7B | $50.74 | $41.11 | -19.0% | Buy | 10.6x | 45 |
RRCRange Resources Corporation | $8.6B | $36.39 | $47.40 | +30.3% | Hold | 8.5x | 62 |
CTRACoterra Energy Inc. | $24.7B | $32.56 | $34.20 | +5.0% | Buy | 11.3x | 55 |
GPORGulfport Energy Corporation | $2.9B | $160.71 | $238.67 | +48.5% | Buy | 6.3x | 8 |
CRKComstock Resources, Inc. | $3.9B | $13.10 | $15.67 | +19.6% | Hold | 23.0x | 39 |
AMAntero Midstream Corporation | $10.3B | $21.71 | $21.50 | -1.0% | Hold | 19.7x | 17 |
WMBThe Williams Companies, Inc. | $89.4B | $73.12 | $83.75 | +14.5% | Buy | 30.9x | 34 |
KMIKinder Morgan, Inc. | $70.3B | $31.59 | $36.67 | +16.1% | Hold | 21.6x | 34 |
HALHalliburton Company | $29.2B | $34.93 | $39.64 | +13.5% | Buy | 14.8x | 64 |
Quick answers to the most common questions about buying CNX stock.
CNX Resources Corporation (CNX) has a consensus 12-month price target of $36, implying 10.2% upside from $32.67. The 41 analysts covering CNX see moderate appreciation potential.
CNX has a consensus rating of "Hold" based on 41 Wall Street analysts. The rating breakdown is mixed, with 20 Hold ratings making up the largest segment. The consensus 12-month price target of $36 implies 10.2% upside from current levels.
With a forward P/E of 10.4444x, CNX trades at a relatively low valuation. The consensus target of $36 implies 10.2% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $44 for CNX, while the most conservative target is $26. The consensus of $36 represents the median expectation. Our quantitative valuation model projects a bull case target of $40 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CNX is heavily covered by Wall Street, with 41 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 20 recommend Hold, and 7 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CNX stock forecast based on 41 Wall Street analysts shows a consensus price target of $36, with estimates ranging from $26 (bear case) to $44 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $30, with bear/bull scenarios of $19/$40.
Our quantitative valuation model calculates CNX's fair value at $30 (base case), with a bear case of $19 and bull case of $40. 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 46/100.
CNX trades at a forward P/E ratio of 10.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.2x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on CNX, with a "Hold" consensus rating and $36 price target (10.2% upside). 14 of 41 analysts rate it Buy or Strong Buy. 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.
CNX analyst price targets range from $26 to $44, a 50% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $36 consensus represents the middle ground. Our model's $19-$40 range provides an independent fundamental perspective.
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