CNX Resources Corporation. (NYSE:CNX) Stock Has Consensus Price Target of $34.88 According to Analysts

Shares of CNX Resources Corporation. (NYSE:CNX) have received a consensus rating of “Reduce” from the twelve ratings firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation and nine have issued a hold recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $34.88.

Several equities research analysts have recently commented on the company. Truist Financial upped their price target on CNX Resources from $34.00 to $39.00 and gave the stock a “hold” rating in a research note on Thursday. Morgan Stanley increased their price target on CNX Resources from $32.00 to $34.00 and gave the stock an “underweight” rating in a report on Thursday, October 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of CNX Resources in a research report on Monday, October 26th. Scotiabank started coverage on shares of CNX Resources in a research note on Wednesday, October 14th. They issued a “sector perform” rating and a $34.00 price objective on the stock. Finally, Benchmark reissued a “hold” rating on shares of CNX Resources in a research note on Thursday.

Hedge Funds Weigh In On CNX Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP increased its holdings in CNX Resources by 5.5% in the second quarter. Allworth Financial LP now owns 6,144 shares of the oil and gas producer’s stock valued at $208,000 after buying an additional 323 shares in the last quarter. Signaturefd LLC increased its position in CNX Resources by 6.5% during the third quarter. Signaturefd LLC now owns 6,426 shares of the oil and gas producer’s stock worth $200,000 after buying an additional 390 shares in the last quarter. Choreo LLC raised its holdings in shares of CNX Resources by 2.9% in the third quarter. Choreo LLC now owns 15,253 shares of the oil and gas producer’s stock worth $475,000 after acquiring an additional 424 shares during the last quarter. Pullen Investment Management LLC increased its position in CNX Resources by 0.6% during the 3rd quarter. Pullen Investment Management LLC now owns 69,350 shares of the oil and gas producer’s stock worth $2,162,000 after purchasing an additional 428 shares in the last quarter. Finally, QRG Capital Management Inc. increased its position in CNX Resources by 2.3% during the 2nd quarter. QRG Capital Management Inc. now owns 19,987 shares of the oil and gas producer’s stock worth $678,000 after purchasing an additional 440 shares in the last quarter. Institutional investors and hedge funds own 95.16% of the company’s stock.

CNX Resources Stock Up 2.0%

CNX Resources stock opened at $37.52 on Friday. CNX Resources has a twelve month low of $30.77 and a twelve month high of $43.62. The stock has a 50 day moving average of $35.06 and a two-hundred day moving average of $36.39. The company has a current ratio of 1.08, a quick ratio of 0.67 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 6.36 and a beta of 0.69.

CNX Resources (NYSE:CNX) last announced its earnings results on Thursday, July 30th. The oil and gas producer reported $1.32 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.72. The company had revenue of $618.48 million for the quarter, compared to the consensus estimate of $475.16 million. CNX Resources had a return on equity of 10.13% and a net margin of 35.16%. The company’s revenue was down 35.7% on a year-over-year basis. During the same period last year, the business posted $2.43 EPS. As a group, research analysts expect that CNX Resources will post 3.09 earnings per share for the current year.

CNX Resources News Roundup

Here are the key news stories impacting CNX Resources this week:

• Positive Sentiment: Truist raised its price target to $39, signaling improved confidence in CNX’s outlook and valuation. CNX Resources price target raised to $39 at Truist Securities
• Positive Sentiment: CNX raised its 2026 free-cash-flow outlook to approximately $550 million and highlighted 27 consecutive quarters of positive cash flow, supporting the company’s capital-return and balance-sheet story. CNX Resources Q3 2026 earnings and free cash flow
• Positive Sentiment: Several earnings reports cited adjusted third-quarter EPS of about $1.12 versus a roughly $0.66 FactSet estimate, suggesting strong cost control and operating efficiency despite commodity-price pressure. CNX Q3 EPS earnings flash
• Neutral Sentiment: Management plans to remain in “maintenance production mode” in 2027 while targeting capital efficiency of $0.85–$0.90, prioritizing returns and cash generation over production growth. CNX capital efficiency and 2027 production outlook
• Negative Sentiment: Lower natural-gas prices and reduced production weighed on results. Some reports showed EPS of $0.61 versus a $0.65–$0.66 estimate and revenue of $425 million versus expectations near $475 million, highlighting continuing commodity and volume headwinds. CNX Q3 earnings and production pressures

CNX Resources Company Profile

CNX Resources Corporation (NYSE:CNX) is an independent natural gas exploration and production company focused on the Appalachian Basin. The company develops and produces natural gas from unconventional shale formations, with its operations concentrated in the Marcellus and Utica shale areas.

CNX’s activities include leasing, drilling, completing and operating natural gas wells, as well as managing related gathering and infrastructure arrangements used to transport production to market.