The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Suncor Energy Inc. (NYSE:SU) is included among the 12 Most Undervalued Natural Gas Stocks to Buy Now.

Suncor Energy Inc. (NYSE:SU) is a Canadian integrated energy company that extracts, produces, and provides energy from a mix of sources, ranging from oil sands to renewable fuels. The firm supplies and trades crude oil, natural gas, sulphur, and petroleum coke to mid-to large-sized businesses.

On April 14, JPMorgan raised its price target on Suncor Energy Inc. (NYSE:SU) from C$79 to C$105, while keeping an ‘Overweight’ rating on the shares. The bumped target, which reflects an upside potential of more than 21% from the current share price, comes as part of the analyst firm’s Q1 preview.

JPMorgan cited the soaring commodity prices amid the Middle East conflict as the primary reason behind the boost. The analyst expects a strong performance by Suncor Energy Inc. (NYSE:SU), both upstream and downstream, in its upcoming Q1 2026 report.

Suncor Energy Inc. (NYSE:SU) is targeting to repurchase C$3.3 billion of its shares in 2026, with expectations to return 100% of excess funds to shareholders. With an annual dividend yield of 2.79%, Suncor Energy Inc. (NYSE:SU) was recently included in our list of the 14 Best Oil and Gas Dividend Stocks to Buy Right Now.

While we acknowledge the potential of SU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 14 Best Energy Infrastructure Stocks to Buy Now and 15 Best Blue Chip Stocks to Buy Now.

Disclosure: None. Follow Insider Monkey on Google News.