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: April 18, 2024 (02:33)

Sector: Energy

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

Latest session on the 17th of April for
Suncor Energy Inc. is positive
Trading Volume: 3278957
Open: 37.68 /  High: 38.28 /  Low: 37.345
What analysts predict: $39.16
52-week High/Low: $39.32 / $26.27

50/200 Day Moving Average: $34.88 / $32.92

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.

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.

Review the original Analysis
The Chartographer boasts an impressive portfolio of 97 finance articles since 2021, amassing 1005 subscribers. Their steadily growing readership implies popular and engaging content, while their positioning within the average credibility range suggests a solid, reliable perspective on financial matters. Their consistent output further underscores their dedication and insight.

Unlocking the Potential: Navigating the Future of SU Stock Prices

Trend: Bullish
Mar 12, 2024

In the ever-evolving landscape of the stock market, Suncor Energy's (SU) stock forecast takes center stage, drawing attention from investors aiming to discern the trajectory of SU stock prices. At the heart of the analysis, understanding the intricate dance of production growth, market access, and financial strategies becomes crucial. As we stand on the brink of 2024, the spotlight shines on several key factors poised to shape SU's stock journey.

The Catalysts of Change: What's Driving SU Stock?

First and foremost, a projected 6% production growth signals robust potential for revenue and earnings uplift. This promising outlook is further bolstered by strategic market positioning amidst OPEC+ cuts and the awaited benefits from the Trans Mountain Pipeline, hinting at improved pricing and market access. Not to be overlooked, refinery utilization emerges as a pivotal aspect, promising enhanced profitability through superior efficiency.

Moving beyond operational excellence, Suncor Energy's financial health paints a picture of resilience. With a commendable debt to EBITDA ratio standing under 1.0x and a treasure chest of $4.6 billion in free cash flow, the pathway to enriching shareholder value through dividends and buybacks becomes ever clearer. For analysts and investors alike, these factors forge a comprehensive framework for crafting an informed SU stock price prediction.

To navigate the shifting sands of the SU stock forecast successfully, analysts employ a nuanced blend of data analysis and market trend evaluation. By meticulously assessing factors such as SU stock buy or sell signals and setting a reasoned SU stock price target, the endeavor to answer the pressing question – is SU a good stock to buy – gains clarity.

  • 6% Production Growth in 2024
  • Improved Market Access and Pricing
  • Stronger Refinery Utilization
  • Debt Reduction and Free Cash Flow

In conclusion, as the Suncor Energy stock forecast unfolds, moving pieces including production growth, market dynamics, and financial fortitude become instrumental. These elements not only influence the immediate SU stock price prediction but also offer a roadmap for tapping into potential future gains, making the case for why buying or selling Suncor Energy stock could be a timely decision.

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Building Benjamins has quickly established a popular and credible presence in the finance writing realm since 2022, with 102 articles under their belt and a growing subscriber base of 1679. Their insights reflect an average level of expertise, resonating well with their audience and signaling a robust footing in financial discourse.

Unlocking the Future: Predicting Suncor Energy's Stock Movements

Trend: Strong Bullish
Feb 06, 2024

When it comes to forecasting the fate of Suncor Energy's stocks, several pivotal factors and events loom on the horizon. Analysts aiming for precision in their predictions need to closely monitor these influencers. At the forefront of affecting Suncor's stock rate is the demand for oil and energy, a variable tightly linked to global economic health and technological advancements. A rise in demand signals bullish prospects for SU stocks, making this factor a linchpin in the valuation model.

Navigating Through Waters of Uncertainty

Another critical event is the opening of the Trans Mountain Pipeline. This development could serve as a game-changer by broadening Suncor's market reach and enhancing price realization, directly benefitting stock value. However, the terrain of stock market prediction is fraught with challenges, notably oil price volatility. Analysts must blend historical data with current geopolitical insights to gauge future trends in oil prices, as these will significantly impact Suncor's financial health. Moreover, the shadow of environmental risks and the unpredictable nature of government regulation and policies loom large, necessitating a nuanced understanding of legislative and ecological landscapes.

To navigate these turbulent waters, forecasting models that incorporate a wide array of variables—from global energy demand trends and pipeline infrastructure developments to regulatory climates and environmental concerns—are essential. By paying close attention to these key factors, analysts can aim to predict the changes in Suncor Energy's stock price with a higher degree of accuracy, though the inherent uncertainties of the market always present a challenge.

Review the original Analysis
Mountain Valley Value Investments, with 18 publications since joining in 2023, is a rising financial analyst with a budding following of 134 subscribers. Their insights, while still developing in reach and impact, show promise in the finance community, drawing a modest audience interested in their unique perspective on investments.

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., %
Apr 19 38.46 37.84 39.01 3.09
Apr 20 38.24 38.00 38.63 1.65
Apr 21 38.07 37.62 38.55 2.47
Apr 22 38.13 37.92 38.38 1.23
Apr 23 38.11 37.86 38.67 2.13
Apr 24 38.34 37.80 38.57 2.05
Apr 25 37.99 37.47 38.32 2.27
Apr 26 37.74 37.54 38.24 1.85
Apr 27 37.05 36.61 37.34 2.00
Apr 28 36.97 36.67 37.24 1.55
Apr 29 37.33 37.13 37.54 1.11
Apr 30 37.69 37.42 37.84 1.13
May 01 37.46 37.06 37.98 2.49
May 02 37.09 36.62 37.61 2.71
May 03 37.83 37.56 38.17 1.61
May 04 38.32 38.10 38.52 1.13
May 05 38.07 37.81 38.64 2.17
May 06 38.42 38.07 38.74 1.76
May 07 38.47 38.20 38.98 2.05
May 08 38.23 37.92 38.47 1.45
May 09 38.54 38.39 38.75 0.94
May 10 38.49 38.28 38.84 1.47
May 11 38.37 37.94 38.71 2.04
May 12 38.66 38.11 39.08 2.56
May 13 39.13 38.65 39.35 1.80
May 14 39.85 39.44 40.35 2.32
May 15 39.25 38.72 39.49 1.99
May 16 38.69 38.27 38.95 1.78
May 17 38.35 37.98 38.80 2.16
May 18 37.65 37.48 37.84 0.94

Suncor Energy Daily Price Targets


Suncor Energy Stock Forecast 04-19-2024.

Forecast target price for 04-19-2024: $38.46.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 2.997%.
Pessimistic target level: 37.84
Optimistic target level: 39.01

Suncor Energy Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $38.24.
Negative dynamics for Suncor Energy shares will prevail with possible volatility of 1.623%.
Pessimistic target level: 38.00
Optimistic target level: 38.63

Suncor Energy Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $38.07.
Negative dynamics for Suncor Energy shares will prevail with possible volatility of 2.410%.
Pessimistic target level: 37.62
Optimistic target level: 38.55

Suncor Energy Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $38.13.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 1.212%.
Pessimistic target level: 37.92
Optimistic target level: 38.38

Suncor Energy Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $38.11.
Negative dynamics for Suncor Energy shares will prevail with possible volatility of 2.089%.
Pessimistic target level: 37.86
Optimistic target level: 38.67

Suncor Energy Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $38.34.
Positive dynamics for Suncor Energy shares will prevail with possible volatility of 2.008%.
Pessimistic target level: 37.80
Optimistic target level: 38.57

SU (SU) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 40.58 38.52 42.82 10.05
Jun. 42.37 41.27 43.26 4.60
Jul. 41.61 40.23 42.98 6.39
Aug. 39.78 37.35 41.29 9.54
Sep. 36.28 35.19 38.82 9.35
Oct. 36.06 34.40 36.85 6.65
Nov. 39.02 38.04 39.99 4.88
Dec. 38.47 35.82 39.97 10.39

Suncor Energy forecast for this year


Suncor Energy Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $40.5849. Pessimistic: $38.52. Optimistic: $42.82


Suncor Energy Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $42.3706. Pessimistic: $41.27. Optimistic: $43.26


Suncor Energy Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $41.6079. Pessimistic: $40.23. Optimistic: $42.98


Suncor Energy Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $39.7772. Pessimistic: $37.35. Optimistic: $41.29


Suncor Energy Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $36.2768. Pessimistic: $35.19. Optimistic: $38.82


Suncor Energy Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $36.0591. Pessimistic: $34.40. Optimistic: $36.85


Suncor Energy Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $39.016. Pessimistic: $38.04. Optimistic: $39.99


Suncor Energy Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $38.4698. Pessimistic: $35.82. Optimistic: $39.97



Suncor Energy (SU) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 39.20 36.14 40.10 9.87
Feb 36.22 33.72 37.67 10.48
Mar 33.83 31.29 35.89 12.82
Apr 32.44 31.67 34.10 7.14
May 32.44 31.24 34.00 8.11
Jun 33.55 31.80 34.75 8.49
Jul 33.61 32.37 36.20 10.58
Aug 34.99 32.93 36.46 9.69
Sep 34.68 33.81 36.62 7.67
Oct 34.71 32.94 36.66 10.13
Nov 33.50 32.53 35.17 7.52
Dec 33.03 30.91 35.14 12.03

Suncor Energy (SU) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 30.29 28.02 31.13 10.02
Feb 31.47 29.58 33.26 11.07
Mar 29.67 28.78 31.31 8.06
Apr 32.61 30.13 34.63 12.99
May 33.88 32.12 36.05 10.90
Jun 32.43 30.55 34.31 10.96
Jul 35.12 33.85 37.37 9.40
Aug 33.64 32.77 34.45 4.88
Sep 31.22 30.16 33.56 10.14
Oct 29.57 28.50 31.49 9.48
Nov 27.85 26.88 30.08 10.65
Dec 28.55 26.92 29.43 8.54

Suncor Energy (SU) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 28.75 28.06 31.02 9.55
Feb 30.24 28.46 31.09 8.46
Mar 28.88 28.22 30.70 8.09
Apr 30.99 30.06 33.31 9.77
May 32.26 29.71 33.00 9.97
Jun 33.74 31.62 34.49 8.32
Jul 34.18 31.69 36.85 14.01
Aug 33.88 31.50 34.69 9.18
Sep 33.98 32.01 35.98 11.05
Oct 32.96 30.55 33.78 9.56
Nov 34.47 32.47 36.23 10.37
Dec 37.82 36.12 40.24 10.24

Suncor Energy (SU) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 40.92 39.81 43.86 9.23
Feb 43.13 41.32 45.20 8.59
Mar 46.66 45.13 49.00 7.90
Apr 51.10 49.97 55.19 9.44
May 53.40 51.69 57.24 9.70
Jun 55.59 53.70 58.37 8.00
Jul 59.42 54.67 62.51 12.55
Aug 60.73 57.21 63.28 9.60
Sep 57.69 55.73 59.71 6.67
Oct 56.25 54.68 59.91 8.73
Nov 52.71 50.23 56.87 11.68
Dec 52.81 50.01 55.88 10.49

Suncor Energy information and performance

Suncor Energy Address

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

Market Capitalization: 50 972 889 000 $

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: 8.42

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: 0.0407

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

EPS: 4.67

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: 8.42

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: 11.26

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

EV To Revenue: 1.17

Enterprise Value (EV) /Revenue

EV To EBITDA: 3.428

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.