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Why Suncor Energy Inc stock is rising today

By Wealth Awesome -

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Stocks & ETFs:SU.TO

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Suncor Energy Inc is making waves on the TSX with a notable gain of 3.90% in the last trading session.

Suncor Energy Inc (SU.TO) has seen its stock price rise to CA$83.63, reflecting strong performance that has caught the attention of investors. This increase comes as the company continues to show resilience and growth potential in the competitive oils-energy sector.

Suncor Energy Inc

SU.TO

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SU.TO

Suncor Energy Inc

Source:WealthAwesomeWealthAwesome
↑ $3.97 (4.28%)
120 day period
$75.81$93.62$111.42May 15Aug 12Nov 5

Market cap

$111.38B

P/E

9.9x

Div. yield

2.38%

Div. / share

$2.40

52W high

$112.80

52W low

$56.76

1W change

-7.08%

Beta

0.47

Analyst Price Targets

Based on analyst covering SU · as of Oct 29, 2026

📈

Wall Street analysts forecast SU stock price to rise 19.4% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$115.55

+19.4% Upside

Previously C$115.20 on Oct 26, 2026

Current Price

C$96.75

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on SU's historical volatility

HistoricalForecast68%95%
C$70.51C$92.04C$113.57C$135.10C$156.63C$178.16TodayJun 29Sep 2Nov 5Dec 18Jan 31Mar 15

30-Day Vol

36.3%

Annualized

90-Day Vol

32.6%

Annualized

Trend (90d)

+41.3%

Annualized drift

90d Mean

C$112.13

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$101.63C$89.67 – C$115.17
60 trading daysC$106.75C$89.43 – C$127.41
90 trading daysC$112.13C$90.28 – C$139.27

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Investor takeaway: With a year-to-date increase of 27.7% and a solid earnings outlook, Suncor Energy is positioned as a strong contender in the oils-energy market, making it a stock worth considering for your portfolio.

Suncor Energy's stock up 3.90% in one trading day

The stock has gained 27.7% year-to-date, reflecting strong investor confidence and performance metrics.

Bull case

Suncor's stock is supported by a solid earnings outlook, earning a Zacks Rank of #1 (Strong Buy) and a significant increase in earnings estimates. Investors are optimistic about its integrated operations, which range from oil sands development to refining, providing a diverse revenue stream.

Bear case

Despite its recent gains, potential investors should be cautious of market volatility and fluctuating oil prices, which can affect Suncor's profitability. Additionally, the company's relatively high P/E ratio compared to its peers may raise concerns about its valuation.

Strong Earnings Outlook

Suncor Energy has been recognized for its impressive earnings potential, with a Zacks Rank of #1 (Strong Buy). The consensus EPS estimate for the current year has surged by 43.6% over the past three months, indicating strong analyst sentiment. This bullish outlook is a key driver behind the stock's recent performance.

Market Position and Performance

With a market cap of CA$98.7 billion, Suncor Energy stands out in the oils-energy sector. It has outperformed its peers with a year-to-date gain of 27.7%, significantly higher than the sector average. This performance highlights Suncor's competitive edge and strong operational capabilities.

Valuation Metrics

Investors may find Suncor's valuation metrics appealing, particularly its P/B ratio of 1.57, which is lower than the industry average. This suggests that the stock may be undervalued relative to its peers, making it an attractive option for value-focused investors.


Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: July 9, 2026
Last Updated: July 9, 2026

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