Targa Resources Corp. (TRGP) Stock Forecast
Data as of Jul 31, 2026Energy · Current price $270.24 (+0.79%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 24, 2026 | Holly Stewart | Scotiabank | $246.00 | -9.0% |
| Feb 20, 2026 | Ameet Thakkar | BMO Capital | $241.00 | -10.8% |
| Feb 20, 2026 | Selman Akyol | Stifel Nicolaus | $243.00 | -10.1% |
| Jan 12, 2026 | John Mackey | Goldman Sachs | $196.00 | -27.5% |
| Dec 3, 2025 | Elvira Scotto | RBC Capital | $218.00 | -19.3% |
| Dec 2, 2025 | Manav Gupta | UBS | $228.00 | -15.6% |
| Jun 26, 2025 | Elvira Scotto | RBC Capital | $205.00 | -24.1% |
| May 20, 2025 | Brandon Bingham | Scotiabank | $193.00 | -28.6% |
| May 20, 2025 | Gabriel Moreen | Mizuho Securities | $212.00 | -21.6% |
| Nov 19, 2024 | Selman Akyol | Stifel Nicolaus | $224.00 | -17.1% |
| Nov 15, 2024 | Neal Dingmann | Truist Financial | $225.00 | -16.7% |
| Oct 22, 2024 | Gabriel Moreen | Mizuho Securities | $181.00 | -33.0% |
| Oct 17, 2024 | Jean Ann Salisbury | Bank of America Securities | $182.00 | -32.7% |
| Oct 16, 2024 | Elvira Scotto | RBC Capital | $172.00 | -36.4% |
| Oct 3, 2024 | Theresa Chen | Barclays | $155.00 | -42.6% |
| Jul 30, 2024 | Sunil Sibal | Seaport Global | $141.00 | -47.8% |
| Jul 17, 2024 | Tristan Richardson | Scotiabank | $142.00 | -47.5% |
| Jun 26, 2024 | John Staszak | Argus Research | $140.00 | -48.2% |
| Jun 7, 2024 | Neal Dingmann | Truist Financial | $125.00 | -53.7% |
| May 16, 2024 | Elvira Scotto | RBC Capital | $128.00 | -52.6% |
Top Analysts Covering TRGP
TRGP vs Sector & Market
| Metric | TRGP | Energy Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.10 | 2.55 | 2.42 |
| Analyst Count | 29 | 10 | 19 |
| Target Upside | +0.4% | +93.9% | +18.0% |
| P/E Ratio | 27.52 | 35.00 | 43.33 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $17.46B | $20.71B | $23.21B | 6 |
| 2027-12-31 | $18.44B | $22.83B | $26.50B | 6 |
| 2028-12-31 | $23.06B | $23.67B | $24.28B | 4 |
| 2029-03-31 | $3.48B | $4.25B | $4.73B | 3 |
| 2029-06-30 | $3.49B | $4.27B | $4.75B | 2 |
| 2029-09-30 | $3.51B | $4.28B | $4.77B | 2 |
| 2029-12-31 | $3.52B | $4.30B | $4.78B | 3 |
| 2030-03-31 | $3.53B | $4.31B | $4.80B | 3 |
| 2030-06-30 | $3.54B | $4.33B | $4.82B | 2 |
| 2030-09-30 | $3.56B | $4.35B | $4.84B | 2 |
| 2030-12-31 | $3.57B | $4.36B | $4.85B | 3 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $9.33 | $10.14 | $10.46 | 9 |
| 2027-12-31 | $9.99 | $11.50 | $13.65 | 9 |
| 2028-12-31 | $11.59 | $13.42 | $17.37 | 9 |
| 2029-03-31 | $2.70 | $3.53 | $4.05 | 1 |
| 2029-06-30 | $2.83 | $3.71 | $4.25 | 1 |
| 2029-09-30 | $3.01 | $3.94 | $4.52 | 1 |
| 2029-12-31 | $3.00 | $3.92 | $4.50 | 1 |
| 2030-03-31 | $3.14 | $4.11 | $4.71 | 1 |
| 2030-06-30 | $3.26 | $4.26 | $4.89 | 1 |
| 2030-09-30 | $3.36 | $4.40 | $5.04 | 1 |
| 2030-12-31 | $3.37 | $4.41 | $5.05 | 1 |
Frequently Asked Questions
What is the analyst consensus for TRGP?
The consensus among 29 analysts covering Targa Resources Corp. (TRGP) is Buy with an average price target of $276.67.
What is the highest price target for TRGP?
The highest price target for TRGP is $246.00, set by Holly Stewart at Scotiabank on 2026-02-24.
What is the lowest price target for TRGP?
The lowest price target for TRGP is $45.00, set by Mirek Zak at Neuberger Berman on 2021-05-07.
How many analysts cover TRGP?
29 analysts have issued ratings for Targa Resources Corp. in the past 12 months.
Is TRGP a buy or sell right now?
Based on 29 analyst ratings, TRGP has a consensus rating of Buy (2.10/5) with a +0.4% upside to the consensus target of $276.67.
What are the earnings estimates for TRGP?
Analysts estimate TRGP will report EPS of $10.14 for the period ending 2026-12-31, with revenue estimated at $20.71B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.