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 30, 2024 (05:54)

Sector: Energy

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

Latest session on the 29th of May for
Suncor Energy Inc. is negative
Trading Volume: 3331863
Open: 40.33 /  High: 40.53 /  Low: 39.35
What analysts predict: $44.43
52-week High/Low: $41.5 / $26.64

50/200 Day Moving Average: $38.54 / $34.44

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: Navigating the Future of Suncor Energy Stocks

Trend: Strong Bullish
May 19, 2024

As both seasoned and novice investors scrutinize the horizon for lucrative opportunities, SU stock price prediction becomes a pivotal focus, riveted by a blend of operational expertise and strategic financial maneuvers. Pinpointing the key events and factors poised to sculpt the trajectory of Suncor Energy's (SU) stock rates involves a deep dive into a few pivotal aspects that could make or break analysts' forecasts.

The Catalysts Shaping SU Stock's Journey

At the forefront of influencing SU's stock rate is the company's efficient operations and output growth. Its ability to achieve record refining throughput and maintain high utilization rates spells strong potential for revenue augmentation, thereby providing a bullish case for forecasters. Moreover, the depth of reserves and low decline rates offer a cushion against the volatile swings of the commodity markets, ensuring a steady production flow with reduced capital expenditure requirements. These factors coalesce into a compelling forecast for SU stocks.

In tandem, shareholder returns serve as a beacon for assessing the value proposition Suncor presents. Through a blend of robust dividend yields and strategic share buybacks, the forecast becomes increasingly optimistic. The allure is enhanced by the attractive valuation of SU stocks, tagged as undervalued relative to its peers, which signals room for growth. Nonetheless, analysts weaving the SU stock forecast must tread carefully, weighing the potential impacts of environmental concerns and commodity price volatility.

An adept analyst aiming to craft the most accurate projections will harness these insights, striking a balance between operational prowess and financial strategy. By carefully dissecting these elements, a refined SU stock forecast emerges, ideally suited for investors pondering whether Suncor Energy is a buy or sell. In an ocean of variables, pinpointing these core influences offers a reliable compass for navigating the future of SU stocks.

  • Efficient Operations and Output Growth
  • Deep Reserves and Low Decline Rates
  • Shareholder Returns
  • Attractive Valuation

As analysts concoct SU stock price predictions, staying anchored to these critical factors allows for a nuanced understanding of Suncor Energy's trajectory, facilitating informed investment decisions in the ever-evolving energy sector.

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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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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., %
Jun 01 40.60 40.16 41.03 2.18
Jun 02 40.87 40.44 41.28 2.08
Jun 03 40.19 39.73 40.37 1.62
Jun 04 40.59 40.01 41.12 2.78
Jun 05 41.08 40.52 41.55 2.56
Jun 06 40.89 40.65 41.53 2.17
Jun 07 40.96 40.70 41.16 1.15
Jun 08 41.01 40.60 41.25 1.60
Jun 09 41.45 41.12 41.67 1.35
Jun 10 41.53 41.31 41.86 1.33
Jun 11 41.45 40.87 41.67 1.97
Jun 12 42.01 41.84 42.64 1.91
Jun 13 42.64 42.34 42.87 1.25
Jun 14 43.21 42.82 43.88 2.48
Jun 15 44.05 43.44 44.33 2.05
Jun 16 43.75 43.08 44.34 2.92
Jun 17 43.83 43.53 44.27 1.71
Jun 18 43.43 43.13 43.68 1.29
Jun 19 43.20 42.56 43.61 2.48
Jun 20 42.95 42.54 43.42 2.06
Jun 21 43.13 42.56 43.57 2.35
Jun 22 43.24 42.82 43.91 2.54
Jun 23 43.15 42.85 43.57 1.69
Jun 24 43.76 43.52 44.02 1.15
Jun 25 44.59 44.09 44.93 1.90
Jun 26 44.53 44.00 45.14 2.59
Jun 27 44.35 43.92 44.73 1.84
Jun 28 44.55 43.96 44.77 1.84
Jun 29 44.66 44.04 45.11 2.43
Jun 30 44.35 43.96 44.62 1.49

Suncor Energy Daily Price Targets


Suncor Energy Stock Forecast 06-01-2024.

Forecast target price for 06-01-2024: $40.60.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 2.137%.
Pessimistic target level: 40.16
Optimistic target level: 41.03

Suncor Energy Stock Forecast 06-02-2024.

Forecast target price for 06-02-2024: $40.87.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 2.039%.
Pessimistic target level: 40.44
Optimistic target level: 41.28

Suncor Energy Stock Forecast 06-03-2024.

Forecast target price for 06-03-2024: $40.19.
Negative dynamics for Suncor Energy shares will prevail with possible volatility of 1.593%.
Pessimistic target level: 39.73
Optimistic target level: 40.37

Suncor Energy Stock Forecast 06-04-2024.

Forecast target price for 06-04-2024: $40.59.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 2.704%.
Pessimistic target level: 40.01
Optimistic target level: 41.12

Suncor Energy Stock Forecast 06-05-2024.

Forecast target price for 06-05-2024: $41.08.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 2.491%.
Pessimistic target level: 40.52
Optimistic target level: 41.55

Suncor Energy Stock Forecast 06-06-2024.

Forecast target price for 06-06-2024: $40.89.
Negative dynamics for Suncor Energy shares will prevail with possible volatility of 2.126%.
Pessimistic target level: 40.65
Optimistic target level: 41.53

SU (SU) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 40.03 37.87 41.55 8.86
Jul. 40.11 37.94 42.27 10.25
Aug. 41.23 39.25 44.36 11.52
Sep. 41.77 40.01 44.15 9.37
Oct. 37.84 35.46 40.87 13.24
Nov. 40.64 38.45 41.62 7.62
Dec. 39.99 37.87 42.87 11.66

Suncor Energy forecast for this year


Suncor Energy Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $40.0277. Pessimistic: $37.87. Optimistic: $41.55


Suncor Energy Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $40.1077. Pessimistic: $37.94. Optimistic: $42.27


Suncor Energy Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $41.2308. Pessimistic: $39.25. Optimistic: $44.36


Suncor Energy Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $41.7668. Pessimistic: $40.01. Optimistic: $44.15


Suncor Energy Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $37.8407. Pessimistic: $35.46. Optimistic: $40.87


Suncor Energy Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $40.6409. Pessimistic: $38.45. Optimistic: $41.62


Suncor Energy Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $39.9906. Pessimistic: $37.87. Optimistic: $42.87



Suncor Energy (SU) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 41.79 40.66 42.96 5.35
Mar 42.58 41.48 44.59 6.97
Mar 39.26 36.28 40.13 9.59
Apr 36.63 34.32 37.36 8.14
May 36.85 34.01 38.84 12.43
Jun 36.30 33.54 38.99 13.97
Jul 38.59 36.04 41.17 12.47
Aug 37.97 37.02 39.64 6.61
Sep 38.96 37.20 40.48 8.08
Oct 41.33 39.76 44.47 10.59
Nov 45.05 42.89 45.95 6.67
Dec 44.65 42.15 47.19 10.69

Suncor Energy (SU) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 41.97 40.37 42.97 6.05
Mar 42.93 40.92 45.38 9.84
Mar 43.45 40.67 44.71 9.04
Apr 45.27 43.10 48.35 10.86
May 47.04 43.51 48.78 10.80
Jun 46.71 43.53 49.51 12.08
Jul 47.69 44.78 50.98 12.16
Aug 50.79 48.50 53.53 9.39
Sep 49.88 45.99 53.17 13.51
Oct 48.28 46.78 51.80 9.69
Nov 50.45 48.18 54.34 11.33
Dec 50.76 48.12 52.48 8.32

Suncor Energy (SU) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 55.02 53.59 58.43 8.29
Mar 53.81 50.63 57.25 11.56
Mar 52.68 49.25 55.84 11.79
Apr 51.47 47.76 54.76 12.78
May 55.43 53.10 58.09 8.59
Jun 59.86 58.01 62.44 7.09
Jul 62.68 60.55 67.32 10.06
Aug 60.30 55.77 63.67 12.41
Sep 60.96 58.15 63.76 8.80
Oct 55.84 54.55 57.40 4.96
Nov 54.61 50.84 58.16 12.58
Dec 54.72 51.27 59.10 13.24

Suncor Energy (SU) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 52.37 49.96 55.30 9.66
Mar 54.62 53.09 56.69 6.36
Mar 58.55 55.39 61.77 10.33
Apr 63.47 59.34 68.42 13.27
May 65.25 63.03 67.53 6.67
Jun 62.24 59.82 64.17 6.79
Jul 66.60 64.47 69.73 7.55
Aug 66.73 63.46 69.67 8.91
Sep 63.93 59.39 68.09 12.77
Oct 61.06 57.82 64.54 10.41
Nov 59.22 57.74 62.48 7.58
Dec 61.00 57.46 63.56 9.60

Suncor Energy information and performance

Suncor Energy Address

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

Market Capitalization: 52 356 796 000 $

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: 15 889 000 000 $

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

PE Ratio: 9.13

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: 2.13

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: 0.0396

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

EPS: 4.45

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

Quarterly Earnings Growth YOY: -0.188
Quarterly Revenue Growth YOY: 0.039
Trailing PE: 9.13

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: 1284910000

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 06/04/2024. The next scheduled payment will be on 06/25/2024. The amount of dividends is $2.13 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.