With Suncor Energy set to report its Q2 earnings, investors are closely watching for signs of growth amid changing market conditions.
Suncor Energy Inc. (SU) will release its second-quarter earnings report on August 4, 2026. Analysts expect significant year-over-year growth in earnings and revenues, making this report highly anticipated. This preview will explore what to expect from the earnings announcement and the broader context of Suncor’s operations.
Recent earnings trend
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Suncor Energy Inc
SU.TO
SU.TO
Suncor Energy Inc
WealthAwesomeMarket cap
$111.16B
P/E
17.9x
Div. yield
2.50%
Div. / share
$2.34
52W high
$95.89
52W low
$51.16
1W change
+1.39%
Beta
0.57
Analyst Price Targets
Based on analyst covering SU
Wall Street analysts forecast SU stock price to rise 9.3% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$102.85
+9.3% Upside
Current Price
C$94.14
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SU's historical volatility
30-Day Vol
27.3%
Annualized
90-Day Vol
32.6%
Annualized
Trend (90d)
+28.8%
Annualized drift
90d Mean
C$104.32
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$97.42 | C$88.65 – C$107.05 |
| 60 trading days | C$100.81 | C$88.23 – C$115.19 |
| 90 trading days | C$104.32 | C$88.61 – C$122.83 |
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.
Analyst coverage: 6 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-04 | — | 3.0800 | — |
| 2026-03-31 | 2026-05-05 | 1.9300 | 1.9300 | +0.0% |
| 2025-12-31 | 2026-02-03 | 1.1000 | 1.0300 | +6.8% |
| 2025-09-30 | 2025-11-04 | 1.4800 | 1.1400 | +29.8% |
| 2025-06-30 | 2025-08-05 | 0.7100 | 0.7300 | -2.7% |
| 2025-03-31 | 2025-05-06 | 1.3100 | 1.2700 | +3.1% |
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Investor takeaway: The upcoming earnings report is a key indicator of Suncor's ability to handle market challenges and its operational strength, especially considering recent performance trends.
Consensus EPS Estimate: $2.14
This estimate reflects an impressive 319.6% increase compared to the same quarter last year, highlighting the expected recovery in Suncor's earnings.
Bull case
If Suncor meets or exceeds the consensus EPS estimate of $2.14, marking a remarkable 319.6% year-over-year increase, it could indicate strong operational performance and boost investor confidence.
Bear case
On the other hand, if Suncor significantly misses its earnings target, especially after recent downward revisions of EPS estimates, it could trigger a negative market reaction, given the company's mixed performance in the previous quarter.
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Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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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.
