SU Should I Buy
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Suncor Energy Inc (SU) is not an optimal buy for a beginner, long-term investor at this moment. The technical indicators are neutral to slightly bearish, and the pre-market price is down 1.49%. While analysts have been raising price targets and hedge funds are increasing their positions, the lack of strong proprietary trading signals and the potential for short-term downside suggest waiting for a better entry point.
The MACD histogram is negative and contracting (-0.416), indicating bearish momentum. RSI is neutral at 60.545, and moving averages are converging, showing no clear trend. Key support is at 60.308, and resistance is at 65.098. Pre-market price is down 1.49%, suggesting short-term weakness.
Analysts have been consistently raising price targets, with multiple firms citing strong execution, growth visibility, and improved financial metrics. Hedge fund buying has increased significantly by 175.72% over the last quarter.
Pre-market price is down 1.49%. Technical indicators suggest a lack of strong bullish momentum. The stock has a 60% chance of declining in the short term (-1.03% in the next day, -3.89% in the next week). Additionally, geopolitical uncertainty surrounding U.S.-Iran negotiations could impact oil prices.
In Q4 2025, revenue dropped by 3.90% YoY to $12.04 billion. However, net income increased by 80.44% YoY to $1.476 billion, and EPS rose by 89.23% YoY to 1.23. Gross margin improved to 50.22%, up 6.94% YoY, indicating strong profitability despite revenue decline.
Analysts are generally positive, with multiple firms raising price targets. JPMorgan raised its target to C$105, citing strong execution and commodity price increases. RBC Capital and BMO Capital highlighted corporate transformation and reduced break-even oil prices. However, Wells Fargo lowered its long-term oil forecast, which could weigh on sentiment.
