Suncor Energy Inc. (SU)
NYSE: SU · Real-Time Price · USD
35.36
+0.20 (0.57%)
Dec 27, 2024, 2:21 PM EST - Market open
Suncor Energy Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Suncor Energy stock have an average target of 56, with a low estimate of 45 and a high estimate of 66. The average target predicts an increase of 58.37% from the current stock price of 35.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Suncor Energy stock from 6 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 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 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $66 | Buy | Reiterates | $66 | +86.65% | Dec 20, 2024 |
| 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 | +69.68% | Jul 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $38 → $45 | Strong Buy | Maintains | $38 → $45 | +27.26% | May 28, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $38 → $45 | Strong Buy | Maintains | $38 → $45 | +27.26% | May 23, 2024 |
Financial Forecast
Revenue This Year
50.32B
from 49.09B
Increased by 2.49%
Revenue Next Year
50.24B
from 50.32B
Decreased by -0.14%
EPS This Year
5.17
from 6.33
Decreased by -18.28%
EPS Next Year
4.28
from 5.17
Decreased by -17.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 57.3B | 65.4B | 69.6B | ||
| Avg | 50.3B | 50.2B | 49.6B | ||
| Low | 28.7B | 30.9B | 28.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7% | 30.1% | 38.5% | ||
| Avg | 2.5% | -0.1% | -1.4% | ||
| Low | -41.5% | -38.6% | -42.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.82 | 5.72 | 7.95 | |||
| Avg | 5.17 | 4.28 | 5.52 | |||
| Low | 4.34 | 2.60 | 4.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -8.1% | 10.6% | 85.6% | |||
| Avg | -18.3% | -17.2% | 28.8% | |||
| Low | -31.5% | -49.8% | -5.3% |
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.