Suncor Energy (SU) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Suncor Energy (SU) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 3, 2024 (18:30)

Sector: Energy

The share price of Suncor Energy Inc. (SU) now

Latest session on the 2nd of May for
Suncor Energy Inc. is positive
Trading Volume: 2919686
Open: 37.87 /  High: 38.32 /  Low: 37.805
What analysts predict: $41.02
52-week High/Low: $39.73 / $26.27

50/200 Day Moving Average: $36.7 / $33.61

This figure corresponds to the Average Price over the previous 50/200 days. For Suncor Energy stocks, the 50-day moving average is the support level today.

For Suncor Energy stocks, the 200-day moving average is the support level today.

Are you interested in Suncor Energy Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Suncor Energy stock price in 2024, 2025, 2026, 2027, 2028. How much will one Suncor Energy share be worth in 2024 - 2028?

When should I take profit in Suncor Energy stock? When should I record a loss on Suncor Energy stock? What are analysts' forecasts for Suncor Energy stock? What is the future of Suncor Energy stock? We forecast Suncor Energy stock performance using neural networks based on historical data on Suncor Energy stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Suncor Energy stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Suncor Energy shares. This happens once a day.


Historical and forecast chart of Suncor Energy stock

The chart below shows the historical price of Suncor Energy stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Suncor Energy stock price can be found in the table below.

Long-term forecasts by years.

Unlocking the Potential: Predicting the Surge in SU's Stocks

Trend: Bullish
Apr 29, 2024

For those closely watching Suncor Energy's (SU) market performance, there's a growing consensus, underscored by insightful analysis, that now may still be a prime time to buy into SU stocks. A trio of pivotal factors emerges as the harbingers likely to sway the company's stock trajectory in the foreseeable future, painting a picture that entices not just the keen observer but also promises lucrative tidings for the adept investor.

The Triad Influencing SU's Financial Forecast

At the forefront, oil prices are pointed out as the linchpin expected to exert the most significant influence. As predictions lean towards an uptick influenced by variables like inflation and strategic production adjustments by OPEC, SU, with its heavy involvement in oil sands, stands at the cusp of seeing its revenues and profitability swell, making the SU stock forecast notably bullish. This pivotal movement is deemed to have the strongest pull on the stock's direction, offering a golden cue for investors tracking the SU stock price prediction.

Parallelly, a magnifying glass is held over the company’s capacity utilization rates, particularly within its refining sect. Anticipated improvements here signal not just enhanced productivity but also betoken higher profitability, feeding into a positive loop that further elevates the SU stock buy or sell discussions.

Lastly, the canvas of SU's growth narrative is colored by strategic acquisitions and capital improvement projects. These strides are not just broadening the operational efficiencies but are also expected to embroider the company's income streams in the ensuing years—another key aspect to mull over in the SU stock price target deliberations.

In a nutshell, analyzing these intertwined factors offers analysts a robust framework for chiseling out accurate Suncor Energy stock forecasts. Whether it’s deciding if SU is a good stock to buy or divining the right juncture for investment, understanding the potency of these influences could well be the keystone for unlocking SU’s stock potential, making every buy or sell Suncor Energy stock decision a calculated leap rather than a blind gambit.

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Unlocking the Potential: How Management Moves and Cash Flow Secure SU's Future

Trend: Strong Bullish
Apr 17, 2024

For investors eyeing the future trajectory of Suncor Energy (SU) stocks, recent developments signal a potential uplift. Analysts leaning towards a "buy" stance argue that several factors not yet fully reflected in the current SU stock forecast could nudge the needle. Among these, the transformation under new management, improved financial performance, resilient cash flow, and the promising horizon of dividend growth stand out. But how do these elements intertwine to influence future SU stock price prediction?

Analyst's Toolkit: Predicting SU Stock Movements

Firstly, the management turnaround is a key driver, having revamped operations to enhance safety and efficiency, achievements yet to cast their full glow on SU stock price targets. This improvement in fundamentals sets a sturdy launchpad for the stock, suggesting that any positive quarterly results could significantly buoy the SU stock forecast.

Furthermore, Suncor's robust financial performance, characterized by heightened production numbers and refining capacity, alongside its commitment to returning value to shareholders through buybacks and hikes in dividends, underscores its appeal. These aspects provide a substantial foundation for analysts to forecast an optimistic Suncor Energy stock forecast. The inherent resilience in Suncor’s free cash flow, a byproduct of its diversified operations, is a linchpin for not only safeguarding but potentially enhancing future dividend yields, making "is SU a good stock to buy" a question with a convincing affirmative lean.

In the arena of predictions, leveraging a discounted cash flow (DCF) analysis illuminates the potential for a 31% upside in the SU stock rate, targeting a price of C$67 or US$49. This promising upside potential makes a compelling case for positioning SU as a stock to buy, grounding the Suncor Energy name stock forecast on a solid analytical foundation.

  • Management turnaround and improved safety and operations
  • Financial performance uplift
  • Resilient free cash flow
  • Dividend growth expectations
  • Attractive DCF valuation indicating upside potential

In sum, the synthesis of these factors offers a nuanced view enabling analysts to make the most accurate predictions about the SU company's stock price movement. For those pondering "buy or sell Suncor Energy stock," the scales tip in favor of buying, as the narrative spun by recent improvements and future prospects shines auspiciously on the investment landscape.

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Uncovering the Potential: A Strategic SU Stock Forecast

Trend: Bullish
Mar 12, 2024

In the dynamic world of stock trading, keeping a keen eye on the factors that sway the rates of companies like Suncor Energy (SU) is critical for any astute investor. As we delve into an analysis enriched with insights, it becomes clear that several pivotal events and factors are on the horizon, poised to significantly influence the trajectory of SU stock prices.

Key Pillars of Forecasting SU's Financial Future

The energy sector's bullish sentiment stands out as a primary driver, augmented by the global thrust for economic recovery and the looming specter of supply constraints. Analysts leveraging this insight for an SU stock forecast might find a fertile ground in anticipating positive price movements. Furthermore, the operational and jurisdictional risk mitigation through diversification could significantly shield SU's stock rate from unpredictable volatility, making it a stable contender for those pondering if SU is a good stock to buy.

Another cornerstone is the company's cash flow positivity alongside its robust balance sheet, hinting at a fruitful pathway to return generation via dividends or buybacks. This aspect becomes even more impactful when we consider the potential for future high oil prices. Analysts can utilize such metrics, alongside the strategic value of long-life reserves, to craft a more accurate SU stock price prediction or to decide on SU stock buy or sell strategies.

To encapsulate, the SU stock price target isn’t just a figure in the wind; it's a meticulous estimation hinged on understanding these complex yet rewarding factors. Whether the query leans towards buy or sell Suncor Energy stock, the nuanced examination of these elements provides a critical foundation for any prediction.

Utilizing this multifaceted analysis approach not only serves to demystify the SU stock buy or sell enigma but also charts a clearer course for predicting the nuanced changes in the company's stock rates. As analysts and investors align with these predictive factors, the pathway to navigating SU's stock price prediction becomes illuminated, making the journey less about guesswork and more about strategic foresight.

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About author

Suncor Energy Inc. operates as an integrated energy company. The company is primarily engaged in the development of reservoirs with oil reserves in the oil sands of Canada’s Athabasca; explores, acquires, develops, produces and sells crude oil in Canada and abroad; sells petroleum and petrochemical products under the Petro-Canada brand primarily in Canada. Works on oil sands; Exploration and production; Processing and marketing; and the corporate and liquidation segments.

Suncor Energy daily forecast for a month

Date Target Pes. Opt. Vol., %
May 05 38.45 37.97 38.92 2.51
May 06 38.59 38.31 38.88 1.47
May 07 38.13 37.60 38.51 2.41
May 08 37.67 37.46 38.22 2.03
May 09 37.91 37.31 38.43 3.01
May 10 37.82 37.22 38.05 2.24
May 11 37.70 37.31 38.11 2.14
May 12 37.66 37.19 38.15 2.59
May 13 37.45 37.19 37.87 1.81
May 14 37.45 37.19 37.70 1.35
May 15 37.79 37.33 38.18 2.29
May 16 37.98 37.38 38.54 3.09
May 17 38.69 38.21 38.84 1.66
May 18 38.90 38.32 39.25 2.42
May 19 39.23 38.64 39.69 2.72
May 20 39.05 38.80 39.67 2.23
May 21 39.25 38.71 39.79 2.78
May 22 39.62 39.32 40.14 2.10
May 23 39.55 39.35 40.15 2.05
May 24 38.79 38.59 39.16 1.47
May 25 38.51 37.96 38.68 1.91
May 26 38.04 37.82 38.60 2.07
May 27 38.55 38.24 38.92 1.79
May 28 38.29 37.97 38.54 1.49
May 29 38.15 37.89 38.48 1.55
May 30 38.22 37.84 38.81 2.57
May 31 37.80 37.35 38.10 2.00
Jun 01 37.74 37.54 38.21 1.79
Jun 02 37.52 37.12 37.74 1.68
Jun 03 37.49 37.15 37.67 1.39

Suncor Energy Daily Price Targets


Suncor Energy Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $38.45.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 2.450%.
Pessimistic target level: 37.97
Optimistic target level: 38.92

Suncor Energy Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $38.59.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 1.449%.
Pessimistic target level: 38.31
Optimistic target level: 38.88

Suncor Energy Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $38.13.
Negative dynamics for Suncor Energy shares will prevail with possible volatility of 2.357%.
Pessimistic target level: 37.60
Optimistic target level: 38.51

Suncor Energy Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $37.67.
Negative dynamics for Suncor Energy shares will prevail with possible volatility of 1.991%.
Pessimistic target level: 37.46
Optimistic target level: 38.22

Suncor Energy Stock Forecast 05-09-2024.

Forecast target price for 05-09-2024: $37.91.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 2.920%.
Pessimistic target level: 37.31
Optimistic target level: 38.43

Suncor Energy Stock Forecast 05-10-2024.

Forecast target price for 05-10-2024: $37.82.
Negative dynamics for Suncor Energy shares will prevail with possible volatility of 2.187%.
Pessimistic target level: 37.22
Optimistic target level: 38.05

SU (SU) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 37.02 35.83 39.31 8.85
Jul. 40.65 38.00 41.58 8.60
Aug. 41.74 39.15 42.62 8.13
Sep. 40.91 39.76 42.50 6.45
Oct. 41.44 38.91 43.84 11.25
Nov. 39.58 38.35 40.56 5.46
Dec. 39.54 38.35 41.71 8.06

Suncor Energy forecast for this year


Suncor Energy Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $37.0178. Pessimistic: $35.83. Optimistic: $39.31


Suncor Energy Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $40.6455. Pessimistic: $38.00. Optimistic: $41.58


Suncor Energy Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $41.743. Pessimistic: $39.15. Optimistic: $42.62


Suncor Energy Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $40.9081. Pessimistic: $39.76. Optimistic: $42.50


Suncor Energy Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $41.4399. Pessimistic: $38.91. Optimistic: $43.84


Suncor Energy Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $39.5751. Pessimistic: $38.35. Optimistic: $40.56


Suncor Energy Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $39.5355. Pessimistic: $38.35. Optimistic: $41.71



Suncor Energy (SU) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 37.56 35.76 38.61 7.39
Feb 36.54 33.69 37.90 11.09
Mar 39.61 36.92 40.88 9.69
Apr 36.92 35.52 39.36 9.76
May 35.59 33.21 38.08 12.80
Jun 34.88 32.93 36.07 8.70
Jul 37.64 36.47 40.65 10.28
Aug 39.71 36.57 41.81 12.54
Sep 39.19 37.54 40.80 7.97
Oct 41.11 39.34 43.00 8.51
Nov 42.34 40.73 43.40 6.15
Dec 41.45 38.84 43.15 9.99

Suncor Energy (SU) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 37.81 37.05 39.47 6.13
Feb 34.82 33.88 36.46 7.07
Mar 34.78 32.80 37.39 12.28
Apr 32.56 31.61 34.58 8.57
May 34.15 31.49 35.69 11.77
Jun 35.14 32.96 37.71 12.58
Jul 35.57 33.47 37.24 10.12
Aug 36.85 35.00 39.28 10.88
Sep 34.27 31.77 36.19 12.22
Oct 31.46 30.61 32.18 4.89
Nov 32.81 30.35 34.22 11.31
Dec 31.60 30.93 32.80 5.68

Suncor Energy (SU) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 32.67 30.55 33.75 9.49
Feb 32.70 31.82 34.53 7.86
Mar 31.07 28.61 33.52 14.64
Apr 29.76 28.18 31.22 9.72
May 29.38 28.64 31.23 8.28
Jun 31.81 29.78 33.69 11.61
Jul 30.92 29.35 33.37 12.05
Aug 29.78 28.02 31.92 12.22
Sep 28.05 26.31 29.73 11.51
Oct 27.66 26.97 28.63 5.80
Nov 27.11 26.48 28.00 5.42
Dec 27.95 26.52 29.82 11.06

Suncor Energy (SU) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 28.23 27.12 30.17 10.10
Feb 28.31 26.13 30.38 13.98
Mar 29.50 27.52 30.80 10.63
Apr 32.01 30.44 33.64 9.51
May 34.28 31.54 35.07 10.07
Jun 34.42 31.97 36.07 11.35
Jul 34.48 33.24 36.93 9.99
Aug 37.66 35.93 38.49 6.65
Sep 38.00 36.13 38.98 7.31
Oct 37.65 34.72 40.63 14.55
Nov 37.28 35.23 38.40 8.25
Dec 35.30 33.61 37.84 11.19

Suncor Energy information and performance

Suncor Energy Address

P.O. BOX 2844, 150 - 6TH AVENUE S.W., CALGARY, AB, CA

Market Capitalization: 48 971 112 000 $

Market capitalization of the Suncor Energy Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of SU shares in the company outstanding by the market price of one share.

EBITDA: 15 986 000 000 $

EBITDA of Suncor Energy is earnings before interest, income tax and depreciation of assets.

PE Ratio: 8.29

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.07

Price/earnings to growth

DPS: 2.105

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0421

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 4.59

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.066
Quarterly Revenue Growth YOY: -0.08
Trailing PE: 8.29

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 10.88

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.127

Enterprise Value (EV) /Revenue

EV To EBITDA: 3.302

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1287020000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Suncor Energy (SU) stock dividend

Suncor Energy last paid dividends on 03/01/2024. The next scheduled payment will be on 03/25/2024. The amount of dividends is $2.105 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.