Suncor Energy Inc. (SU)
NYSE: SU · Real-Time Price · USD
41.53
+0.40 (0.97%)
Nov 22, 2024, 4:00 PM EST - Market closed

Suncor Energy Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Suncor Energy stock have an average target of 53.5, with a low estimate of 45 and a high estimate of 60. The average target predicts an increase of 28.82% from the current stock price of 41.53.

Analyst Consensus: Buy
Target Low Average Median High
Price $45 $53.5 $57 $60
Change +8.36% +28.82% +37.25% +44.47%
* Price targets were last updated on Jul 12, 2024.

Analyst Ratings

The average analyst rating for Suncor Energy stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 433332
Hold 122222
Sell 000000
Strong Sell 000000
Total 666665

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wolfe Research
Wolfe Research
Buy
Initiates
n/a
Buy Initiates n/a n/a Jul 18, 2024
Scotiabank
Scotiabank
Hold
Maintains
$61$60
Hold Maintains $61$60 +44.47% Jul 12, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$38$45
Strong Buy Maintains $38$45 +8.36% May 28, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$38$45
Strong Buy Maintains $38$45 +8.36% May 23, 2024
TD Securities
TD Securities
Hold
Maintains
$52$57
Hold Maintains $52$57 +37.25% May 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
50.37B
from 49.09B
Increased by 2.60%
Revenue Next Year
49.60B
from 50.37B
Decreased by -1.53%
EPS This Year
4.88
from 6.33
Decreased by -22.95%
EPS Next Year
4.19
from 4.88
Decreased by -14.08%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
38.34B24.66B39.13B58.34B49.09B50.37B49.60B48.70B
Revenue Growth
-0.51%-35.68%58.67%49.07%-15.85%2.60%-1.53%-1.81%
EPS
1.86-2.832.776.536.334.884.195.39
EPS Growth
-7.94%--135.90%-3.06%-22.95%-14.08%28.69%
Forward PE
-----11.9513.9110.81
No. Analysts -----171612
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 59.2B 64.4B 67.3B
Avg 50.4B 49.6B 48.7B
Low 30.5B 33.7B 33.2B

Revenue Growth

Revenue Growth 2024202520262027
High
20.7%
27.8%
35.7%
Avg
2.6%
-1.5%
-1.8%
Low
-37.9%
-33.2%
-33.0%

EPS Forecast

EPS 20242025202620272028
High 5.33 5.80 8.03
Avg 4.88 4.19 5.39
Low 4.33 2.06 3.69

EPS Growth

EPS Growth 20242025202620272028
High
-15.7%
18.8%
91.7%
Avg
-22.9%
-14.1%
28.7%
Low
-31.6%
-57.8%
-11.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.