Truist cuts target for CNX Resources stock to USD 34

Published on 10/17/2026 at 18:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are scheduled for October 29, 2026. CNX Resources stock stood at USD 35.91 on October 16, 2026, up 3.73 percent from USD 34.62 on Nasdaq.

Analyst target and market position

On October 16, 2026, Truist reduced its CNX Resources target from USD 35.00 to USD 34.00.
CNX Resources scheduled its third-quarter results for October 29, 2026.
CNX Resources stock stood at USD 35.91 on Nasdaq at 4:00 p.m. ET on October 16, 2026, up 3.73 percent from USD 34.62.
CNX Resources had a P/E ratio of 5.93 and a market capitalization of USD 5.3 billion as of October 16, 2026.

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Truist lowered its CNX Resources price target from USD 35.00 to USD 34.00 while maintaining a Hold rating on October 16, 2026, according to Markets Insider. The new target is 5.32 percent below CNX Resources' Nasdaq price of USD 35.91. CNX Resources stock last stood at USD 35.91 on Nasdaq at 4:00 p.m. ET on October 16, 2026, up 3.73 percent from USD 34.62.

Results date gives investors a marker

CNX Resources is scheduled to report third-quarter 2026 results on October 29, 2026. The date and 6:45 a.m. ET conference call are listed on the company's investor-relations page, which also identifies the company as listed on the NYSE under CNX.

Price remains below the yearly high

The October 16 Nasdaq price was USD 7.71 below the 52-week high of USD 43.62 and USD 5.13 above the 52-week low of USD 30.78. That places the stock 17.68 percent below its high and 16.67 percent above its low. Trading volume was 1,355,313 shares against an average of 1,712,885.

Valuation and operating scale

CNX Resources had a market capitalization of USD 5.3 billion and a P/E ratio of 5.93 on October 16, 2026. In the second quarter of 2026, revenue was USD 618.48 million, net income attributable to common shareholders was USD 202.94 million, diluted earnings per share were USD 1.32, and operating margin was 45.00 percent.

Comparison with peers

CNX Resources (NYSE, USD): plus 3.73 percent, P/E 5.93, market capitalization USD 5.3 billion as of October 16, 2026
Antero Resources (NYSE, USD): plus 6.06 percent, P/E 11.11, market capitalization USD 11.9 billion as of October 16, 2026
Range Resources (NYSE, USD): plus 4.35 percent, P/E 11.94, market capitalization USD 10.1 billion as of October 16, 2026

What the target says about valuation

Truist's USD 34.00 target sits below the latest Nasdaq price, while the low P/E ratio reflects the current earnings base rather than a forecast. CNX Resources' second-quarter operating margin of 45.00 percent provides a concrete measure for the October 29 results update.

Price and dates for investors

The next dated company event is the third-quarter 2026 results release on October 29, 2026. CNX Resources stock last stood at USD 35.91 on Nasdaq at 4:00 p.m. ET on October 16, 2026, versus the Nasdaq prior close of USD 34.62.