ATB raises target for Suncor Energy stock to CAD 125.00
Published on 10/26/2026 at 16:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results
- ATB Cormark raised its Suncor Energy target to CAD 125.00 from CAD 100.00 on October 22, 2026.
- Suncor reported CAD 17.50 billion in second-quarter revenue and CAD 3.23 earnings per share.
- Suncor Energy stock costs EUR 71.12 at Lang & Schwarz on October 26, 2026 at 4:44 p.m. CEST.
- Suncor is scheduled to report third-quarter results on November 3, 2026.
Suncor Energy (CA8672241079) drew a higher valuation from ATB Cormark, which raised its price target to CAD 125.00 from CAD 100.00 on October 22, 2026, according to MarketBeat. The target is 11.86 percent above Suncor's CAD 111.75 TSX price at 11:53 a.m. ET on October 26, 2026. Suncor stock was trading at EUR 71.12 at Lang & Schwarz on October 26, 2026 at 4:44 p.m. CEST.
Quarterly revenue sets the backdrop
Suncor reported CAD 17.50 billion in revenue and CAD 3.23 earnings per share for the second quarter of 2026, according to MarketBeat. The same report put net margin at 15.32 percent for that quarter. Standardized financial data place second-quarter revenue at CAD 17.50 billion, up from CAD 14.48 billion in the first quarter, while net income reached CAD 3.73 billion versus CAD 2.10 billion.
How far is the stock from its high?
On the NYSE, Suncor last traded at USD 79.61 on October 26, 2026 at 11:54 a.m. ET, with a 52-week range of USD 38.72 to USD 80.25. The price sat 0.80 percent below that high, while the market capitalization was USD 94.0 billion and the trailing P/E ratio was 14.88.
The TSX quote was CAD 111.75 at 11:53 a.m. ET, compared with CAD 108.39 in the MarketBeat report dated October 22, 2026. Suncor's Toronto-listed price therefore stood 11.86 percent below the ATB Cormark target, a comparison that keeps the analyst call tied to a live Canadian-market valuation.
Results date gives investors a fixed marker
Suncor is scheduled to release its third-quarter 2026 results on November 3, 2026, according to MetaCap. The same page lists a consensus estimate of USD 2.35 for earnings per share. That date arrives after a second quarter in which operating cash flow reached CAD 5.66 billion, giving the next report a clear cash-generation benchmark.
Peer valuations frame Suncor
Canadian Natural Resources (NYSE, USD) traded at USD 54.84 on October 26, 2026, down 0.39 percent, with a P/E ratio of 13.71 and market capitalization of USD 113.1 billion. Cenovus Energy (NYSE, USD) traded at USD 33.16, up 0.85 percent, with a P/E ratio of 12.97 and market capitalization of USD 61.2 billion. Suncor's USD 94.0 billion valuation and 14.88 P/E place it above both peers on the reported multiples.
Target and reporting date
ATB Cormark's CAD 125.00 target is the clearest dated analyst reference for Suncor after the October 22, 2026 research update. The November 3, 2026 results date will provide the next company-specific test of revenue, earnings and cash flow.
The further course of trading is shown by the continuously updated real-time quote of Suncor Energy stock.
Suncor Energy market data
- Company: Suncor Energy Inc.
- ISIN: CA8672241079
- Ticker: SU
- Primary exchange: NYSE and TSX
- Price Lang & Schwarz (as of October 26, 2026, 4:44 p.m. CEST): EUR 71.12
- Market capitalization: USD 94.0 billion (as of October 26, 2026)
- 52-week range: USD 38.72-80.25 (as of October 26, 2026)
- Sector / Industry: Energy / Oil and Gas Integrated
- Next earnings date: November 3, 2026
Market context: Market report S&P/TSX Composite.
