STN Forecast


Bullish Case: Stantec is benefiting from infrastructure investments and sustainability projects, driving growth potential. With recent government contracts like Pure Water San Diego, and supportive macro trends in green energy, the stock could rally as institutional investments increase.


Bearish Case: Economic headwinds and project delays could lead to reduced revenue forecasts for Stantec. If earnings disappoint, especially after Q2 results, investor sentiment may gravitate towards a sell-off, further pressured by high valuation metrics.


Potential Outcomes:

1. Earnings surprise boosts stock (+30%).

2. Project delays lead to revenue miss (-20%).

3. Continued flat trend with minor fluctuations (-50%).

4. Positive industry trends drive unexpected growth (+15%).


Trading Oracle: Adopt a long volatility stance using a bull call spread strategy, focusing on STN calls with expiration in late Q3. Aim for strikes at 90 and 95, allowing leverage on potential upside from upcoming contract news. This positions for bullish sentiment while providing defined risk.


July 24, 2024


Stantec Forecast

STN      Stantec











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Uncorrelated Assets

Assets with little price relationship to STN



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.27)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.57)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.57)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.79)



Anticorrelated Assets

Assets that tend to move strongly against STN



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.79)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.27)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.57)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.57)





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