Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
174.38
-1.46 (-0.83%)
At close: Jun 27, 2025, 4:00 PM
173.01
-1.37 (-0.79%)
After-hours: Jun 27, 2025, 7:26 PM EDT
Targa Resources Stock Forecast
Stock Price Forecast
According to 17 professional analysts, the 12-month price target for Targa Resources stock ranges from a low of $142 to a high of $244. The average analyst price target of $199.94 forecasts a 14.66% increase in the stock price over the next year.
Price Target: $199.94 (+14.66%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Targa Resources 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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 8 | 7 |
| Buy | 9 | 8 | 10 | 10 | 10 | 10 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 18 | 18 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $191 → $205 | Buy | Maintains | $191 → $205 | +17.56% | Jun 26, 2025 |
| Scotiabank | Scotiabank | Buy Maintains $193 → $197 | Buy | Maintains | $193 → $197 | +12.97% | Jun 5, 2025 |
| Mizuho | Mizuho | Buy Maintains $218 → $212 | Buy | Maintains | $218 → $212 | +21.57% | May 20, 2025 |
| Scotiabank | Scotiabank | Buy Maintains $199 → $193 | Buy | Maintains | $199 → $193 | +10.68% | May 20, 2025 |
| Barclays | Barclays | Buy Maintains $206 → $178 | Buy | Maintains | $206 → $178 | +2.08% | May 20, 2025 |
Financial Forecast
Revenue This Year
22.26B
from 16.38B
Increased by 35.86%
Revenue Next Year
24.77B
from 22.26B
Increased by 11.31%
EPS This Year
7.93
from 5.74
Increased by 38.15%
EPS Next Year
9.54
from 7.93
Increased by 20.34%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 28.2B | 32.8B | 38.5B | ||
| Avg | 22.3B | 24.8B | 23.8B | ||
| Low | 17.5B | 18.3B | 6.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 72.1% | 47.4% | 55.6% | ||
| Avg | 35.9% | 11.3% | -4.1% | ||
| Low | 6.9% | -17.8% | -74.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.30 | 11.47 | 14.29 | ||
| Avg | 7.93 | 9.54 | 11.01 | ||
| Low | 5.89 | 7.98 | 8.71 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 62.0% | 44.6% | 49.8% | ||
| Avg | 38.2% | 20.3% | 15.4% | ||
| Low | 2.6% | 0.6% | -8.7% |
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.