SU Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Suncor Energy Inc (SU) is a good buy for a beginner investor with a long-term horizon and $50,000-$100,000 to invest. The stock has strong analyst support with multiple price target upgrades, positive financial performance in the latest quarter, and hedge fund buying activity. While technical indicators are neutral, the overall sentiment and long-term growth potential make this a solid investment opportunity.
The technical indicators are neutral. The MACD is below 0 and negatively contracting, the RSI is at 45.825 (neutral zone), and moving averages are converging. Key support and resistance levels are S1: 62.715 and R1: 66.733, with the current pre-market price at 63.41, slightly below the pivot level of 64.724.
Hedge funds are significantly increasing their holdings, with a 175.72% increase in buying activity last quarter.
Analysts have raised price targets significantly, with JPMorgan, BMO Capital, and ATB Capital setting targets as high as C$105, C$100, and C$104, respectively.
The company's investor day highlighted strategic plans for growth, reduced break-even oil prices, and long-term asset development potential.
Pre-market price is down by 0.64%, indicating slight short-term selling pressure.
Insider trading activity is neutral, with no significant trends.
In Q4 2025, Suncor's financial performance was strong. Revenue dropped by 3.90% YoY to $12.04 billion, but net income surged by 80.44% YoY to $1.476 billion. EPS increased by 89.23% YoY to 1.23, and gross margin improved by 6.94% YoY to 50.22%.
Analysts are broadly positive on Suncor, with multiple price target upgrades and ratings such as Overweight, Outperform, and Buy. The highest price target is C$105, reflecting confidence in the company's growth potential and strategic execution.
