<div id="readability-page-1"><ul><li>5 High Short Interest Stocks Getting Squeezed With Upside To Go</li></ul><p>Canadian Natural Resources Limited (TSE:CNQ - Free Report) <span>NYSE: CNQ<span></span></span> - Research analysts at Zacks Research boosted their Q3 2027 earnings per share estimates for shares of Canadian Natural Resources in a report released on Monday, December 22nd. Zacks Research analyst Team now expects that the company will earn $0.98 per share for the quarter, up from their previous forecast of $0.96. The consensus estimate for Canadian Natural Resources' current full-year earnings is $3.83 per share.</p><p>Canadian Natural Resources (TSE:CNQ - Get Free Report) <span>NYSE: CNQ<span></span></span> last released its earnings results on Thursday, November 6th. The company reported C$0.86 EPS for the quarter. Canadian Natural Resources had a return on equity of 19.14% and a net margin of 21.25%.The business had revenue of C$9.52 billion during the quarter. </p><p>A number of other research analysts also recently issued reports on CNQ. Raymond James Financial boosted their target price on shares of Canadian Natural Resources from C$55.00 to C$56.00 in a research report on Monday, November 10th. TD Securities upped their price objective on shares of Canadian Natural Resources from C$53.00 to C$54.00 in a report on Monday, November 10th. Wells Fargo &amp; Company  set a C$47.00 price objective on shares of Canadian Natural Resources and gave the stock an &#34;equal weight&#34; rating in a research report on Friday, October 17th. National Bankshares boosted their target price on Canadian Natural Resources from C$45.00 to C$48.00 and gave the company a &#34;sector perform&#34; rating in a research report on Friday, November 7th. Finally, Scotiabank upped their price target on Canadian Natural Resources from C$54.00 to C$58.00 and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, October 9th. One research analyst  has rated the stock with a Strong Buy rating, three have assigned  a Buy rating and four have issued  a Hold rating to the company's stock. Based on data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of C$54.33.</p><p><b>Get Our Latest Analysis on CNQ</b></p><h2>Canadian Natural Resources Price Performance</h2><p>Canadian Natural Resources stock opened at C$44.96 on Wednesday. The stock has a market capitalization of C$93.66 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 0.53 and a beta of 0.73. Canadian Natural Resources has a 52-week low of C$34.92 and a 52-week high of C$49.20. The company has a debt-to-equity ratio of 25.79, a quick ratio of 0.54 and a current ratio of 0.84. The stock's 50 day moving average price is C$45.30 and its two-hundred day moving average price is C$44.17. </p><h2>Insider Activity</h2><p>In other news, insider Brenda Gayle Balog sold 4,500 shares of the business's stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of C$45.55, for a total transaction of C$204,975.00. Following the completion of the sale, the insider directly owned 47,965 shares of the company's stock, valued at C$2,184,805.75. The trade was a 8.58% decrease in their ownership of the stock. Also, insider Ronald Keith Laing sold 20,000 shares of the company's stock in a transaction dated Monday, October 6th. The stock was sold at an average price of C$45.17, for a total transaction of C$903,400.00. Following the completion of the sale, the insider owned 2,049 shares in the company, valued at C$92,553.33. This represents a 90.71% decrease in their position. Insiders sold 31,500 shares of company stock worth $1,415,815 over the last three months. 4.26% of the stock is currently owned by insiders. </p><h2>Key Canadian Natural Resources News</h2><p>Here are the key news stories impacting Canadian Natural Resources this week:</p><ul>   <li><span>Positive Sentiment: </span>Zacks Research raised several near‑term and full‑year EPS estimates for CNQ (examples: FY2026 from $2.76 → $2.82; FY2027 from $3.43 → $3.48; Q4‑2026 to $0.72; Q1‑2027 to $0.93). These upward revisions suggest analysts expect slightly stronger earnings/commodity or operational outlooks, a direct positive for valuation and investor sentiment.</li>    <li><span>Positive Sentiment: </span>The Globe and Mail included CNQ among Canadian stocks expected to perform well in a year‑end &#34;Santa Claus&#34; rally, which can attract momentum flows and retail attention. <i></i><span>Top 5 Canadian Stocks to Shine in a Santa Claus Rally</span></li>    <li><span>Neutral Sentiment: </span>MarketWatch noted CNQ outperformed the market in recent trading — a factual report of price action that may reflect the analyst revisions and broader energy moves but does not by itself change fundamentals. <i></i><span>Canadian Natural Resources Ltd. stock rises Monday, outperforms market</span></li>    <li><span>Neutral Sentiment: </span>What to watch next: Q4 results and guidance, Western Canadian crude differentials and global oil prices, and capital allocation (dividend/buybacks). These drivers will determine whether the modest analyst upgrades translate into a sustained re‑rating.</li> </ul><h2>Canadian Natural Resources Company Profile</h2> (Get Free Report)<p>Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company's portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves. </p><h2>Further Reading</h2><ul><li>Five stocks we like better than Canadian Natural Resources</li><li>The boring AI play that could pay up to $4,290 monthly</li><li>Trump’s “real estate deal for America” explained</li><li>Trump Did WHAT??</li><li>A month before the crash</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li></ul> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PVRTRSZTeW1ib2w9Q05R?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PVRTRSZTeW1ib2w9Q05R"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Canadian Natural Resources Right Now?</h2><p>Before you consider Canadian Natural Resources, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian Natural Resources wasn't on the list.</p><p>While Canadian Natural Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Zacks Research has increased its Q3 2027 earnings per share estimate for Canadian Natural Resources (TSE:CNQ) from $0.96 to $0.98, indicating a positive outlook. The consensus full-year earnings estimate is $3.83 per share. Analysts have also raised price targets, reflecting optimism in the company's performance. Insider trading activity shows significant stock sales, while CNQ is expected to benefit from a year-end rally. The stock has a moderate buy rating with a consensus target price of C$54.33.</p>

Zacks Research Issues Positive Estimate for TSE:CNQ Earnings