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 53.70% from the current stock price of 36.44.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$45	$56	$57	$66
Change	+23.51%	+53.70%	+56.44%	+81.14%

* Price targets were last updated on Jan 7, 2025.

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
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
Greg Pardy RBC Capital	RBC Capital	Buy Reiterates $66	Buy	Reiterates	$66	+81.14%	Jan 7, 2025
Greg Pardy RBC Capital	RBC Capital	Buy Reiterates $66	Buy	Reiterates	$66	+81.14%	Dec 20, 2024
Doug Leggate Wolfe Research	Wolfe Research	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Jul 18, 2024
Jason Bouvier Scotiabank	Scotiabank	Hold Maintains $61 → $60	Hold	Maintains	$61 → $60	+64.68%	Jul 12, 2024
Neil Mehta Goldman Sachs	Goldman Sachs	Strong Buy Maintains $38 → $45	Strong Buy	Maintains	$38 → $45	+23.51%	May 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

50.46B

from 50.69B

-0.45%

from 50.69B

Revenue Next Year

50.46B

from 50.46B

-0.00%

from 50.46B

EPS This Year

4.85

from 4.72

2.80%

from 4.72

EPS Next Year

5.25

from 4.85

8.21%

from 4.85

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	24.66B	39.13B	58.34B	49.09B	50.69B	50.46B	50.46B	48.64B
Revenue Growth	-35.68%	58.67%	49.07%	-15.85%	3.25%	-0.45%	-0.00%	-3.61%
EPS	-2.83	2.77	6.53	6.33	4.72	4.85	5.25	6.37
EPS Growth	-	-	135.90%	-3.06%	-25.43%	2.80%	8.21%	21.36%
Forward PE	-	-	-	-	-	10.80	9.99	8.23
No. Analysts	-	-	-	-	-	14	13	8

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	63.4B	67.3B	68.6B
Avg	50.5B	50.5B	48.6B
Low	29.3B	29.5B	29.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	25.1%	33.3%	35.9%
Avg	-0.4%	-0.0%	-3.6%
Low	-42.3%	-41.5%	-42.2%

EPS Forecast

EPS	2025	2026	2027
High	6.29	7.80	9.69
Avg	4.85	5.25	6.37
Low	2.87	3.14	4.09

EPS Growth

EPS Growth	2025	2026	2027
High	33.3%	60.8%	84.6%
Avg	2.8%	8.2%	21.4%
Low	-39.2%	-35.4%	-22.1%

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.