TransAlta Corporation (TAC)
NYSE: TAC · Real-Time Price · USD
14.06
-0.20 (-1.40%)
At close: Dec 5, 2025, 4:00 PM EST
13.96
-0.10 (-0.71%)
After-hours: Dec 5, 2025, 7:24 PM EST
TransAlta Stock Forecast
Stock Price Forecast
According to 4 professional analysts, the 12-month price target for TransAlta stock ranges from a low of $19.5 to a high of $27. The average analyst price target of $21.63 forecasts a 53.84% increase in the stock price over the next year.
Price Target: $21.63 (+53.84%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 14, 2025.
Analyst Ratings
The average analyst rating for TransAlta stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $20 → $27 | Strong Buy | Maintains | $20 → $27 | +92.03% | Oct 14, 2025 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $16 → $20 | Hold → Buy | Upgrades | $16 → $20 | +42.25% | Jul 18, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +42.25% | May 8, 2025 |
| CIBC | CIBC | Hold → Buy Upgrades $23 → $20 | Hold → Buy | Upgrades | $23 → $20 | +38.69% | Feb 18, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $17 → $16 | Buy | Maintains | $17 → $16 | +13.80% | Dec 16, 2022 |
Financial Forecast
Revenue This Year
2.70B
from 2.85B
Decreased by -5.24%
Revenue Next Year
2.26B
from 2.70B
Decreased by -16.10%
EPS This Year
0.03
from 0.59
Decreased by -95.02%
EPS Next Year
0.41
from 0.03
Increased by 1,310.77%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 2.9B | 2.5B | ||
| Avg | 2.7B | 2.3B | ||
| Low | 2.4B | 1.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 1.3% | -7.0% | ||
| Avg | -5.2% | -16.1% | ||
| Low | -14.7% | -29.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.69 | 0.63 | |
| Avg | 0.03 | 0.41 | |
| Low | -0.37 | 0.24 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 17.3% | 2,059.0% | |
| Avg | -95.0% | 1,310.8% | |
| Low | - | 706.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.