Suncor Energy Inc. (SU)
NYSE: SU · Real-Time Price · USD
38.17
+0.58 (1.54%)
Nov 4, 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 40.16% from the current stock price of 38.17.
Analyst Consensus: Buy
* 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 3 | 3 | 3 | 2 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
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 | +57.19% | Jul 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $38 → $45 | Strong Buy | Maintains | $38 → $45 | +17.89% | May 28, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $38 → $45 | Strong Buy | Maintains | $38 → $45 | +17.89% | May 23, 2024 |
| TD Securities | TD Securities | Hold Maintains $52 → $57 | Hold | Maintains | $52 → $57 | +49.33% | May 22, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 20.7% | 27.8% | 35.7% | |
| Avg | 2.6% | -1.5% | -1.8% | |
| Low | -37.9% | -33.2% | -33.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.