​

Targa Resources (TRGP) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TRGP Stock Forecast

Targa Resources (TRGP) stock forecast, based on 33 Wall Street analysts, predicts a 12-month average price target of $213.29, with a high of $228.00 and a low of $196.00. This represents a 10.79% increase from the last price of $192.52.

$50 $90 $130 $170 $210 $250 High: $228 Avg: $213.29 Low: $196 Last Closed Price: $192.52

TRGP Stock Rating

Targa Resources stock's rating consensus is Buy, based on 33 Wall Street analysts. The breakdown includes 1 Strong Buy (3.03%), 27 Buy (81.82%), 5 Hold (15.15%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 33 5 27 1 Strong Sell Sell Hold Buy Strong Buy

TRGP Price Target Upside V Benchmarks

TypeNameUpside
StockTarga Resources10.79%
SectorEnergy Stocks 13.79%
IndustryOil & Gas Midstream Stocks 7.14%

Price Target Trends

1M3M12M
# Anlaysts2713
Avg Price Target$210.00$212.14$212.00
Last Closing Price$192.52$192.52$192.52
Upside/Downside9.08%10.19%10.12%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 265161--22
Dec, 255161--22
Nov, 255161--22
Oct, 255161--22
Sep, 255151--21
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 16, 2026Scotiabank$224.00$182.7322.59%16.35%
Jan 12, 2026John MackeyGoldman Sachs$196.00$176.8610.82%1.81%
Dec 18, 2025Wells Fargo$207.00$182.3713.51%7.52%
Dec 17, 2025Scotiabank$199.00$179.9210.60%3.37%
Dec 03, 2025Elvira ScottoRBC Capital$218.00$174.4724.95%13.23%
Dec 02, 2025Manav GuptaUBS$228.00$173.3931.50%18.43%
Nov 06, 2025Stifel Nicolaus$213.00$170.7324.76%10.64%
Aug 29, 2025Mizuho Securities$207.00$166.9623.98%7.52%
Jun 26, 2025Elvira ScottoRBC Capital$205.00$175.0117.14%6.48%
May 20, 2025Brandon BinghamScotiabank$193.00$161.9319.19%0.25%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 16, 2026ScotiabankOutperformOutperformhold
Jan 12, 2026Goldman SachsBuyBuyhold
Jan 09, 2026UBSBuyBuyhold
Dec 18, 2025Wells FargoOverweightOverweighthold
Dec 17, 2025ScotiabankOutperformOutperformhold
Dec 03, 2025RBC CapitalOutperformOutperformhold
Dec 02, 2025UBSBuyBuyhold
Aug 14, 2025ScotiabankOutperformOutperformhold
Aug 12, 2025RBC CapitalOutperformOutperformhold
Aug 08, 2025Wells FargoOverweightOverweighthold

Financial Forecast

EPS Forecast

$0 $4 $8 $12 $16 $20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.85$3.95$3.69$5.81----
Avg Forecast$1.95$3.82$4.86$6.11$8.05$9.60$11.10$13.26
High Forecast$2.29$4.98$6.41$6.73$9.01$11.01$12.74$18.42
Low Forecast$1.65$2.79$3.84$5.85$6.93$8.62$9.60$8.93
Surprise %-5.13%3.40%-24.07%-4.91%----

Revenue Forecast

$10B $21B $32B $43B $54B $65B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$16.95B$20.93B$16.06B$16.38B----
Avg Forecast$15.79B$21.76B$15.61B$16.49B$21.26B$23.67B$18.28B$46.84B
High Forecast$17.96B$26.86B$16.63B$21.42B$27.28B$24.54B$18.39B$60.86B
Low Forecast$13.96B$17.28B$15.04B$12.34B$17.10B$22.81B$18.17B$35.06B
Surprise %7.32%-3.83%2.88%-0.63%----

Net Income Forecast

$-2B $-300M $900M $2B $3B $5B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$422.10M$896.80M$1.35B$1.28B----
Avg Forecast$-876.27M$-936.90M$828.20M$1.42B$1.66B$1.96B$2.17B$3.00B
High Forecast$-574.28M$-599.31M$1.14B$1.52B$2.04B$2.49B$2.88B$4.16B
Low Forecast$-1.18B$-1.27B$513.88M$1.32B$1.57B$1.95B$2.17B$2.02B
Surprise %-148.17%-195.72%62.51%-10.02%----

TRGP Forecast FAQ

Is Targa Resources stock a buy?

Targa Resources stock has a consensus rating of Buy, based on 33 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 27 Buy, 5 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Targa Resources is a favorable investment for most analysts.

What is Targa Resources's price target?

Targa Resources's price target, set by 33 Wall Street analysts, averages $213.29 over the next 12 months. The price target range spans from $196 at the low end to $228 at the high end, suggesting a potential 10.79% change from the previous closing price of $192.52.

How does Targa Resources stock forecast compare to its benchmarks?

Targa Resources's stock forecast shows a 10.79% upside, underperforming the average forecast for the energy stocks sector (13.79%) and outperforming the oil & gas midstream stocks industry (7.14%).

What is the breakdown of analyst ratings for Targa Resources over the past three months?

  • January 2026: 22.73% Strong Buy, 72.73% Buy, 4.55% Hold, 0% Sell, 0% Strong Sell.
  • December 2025: 22.73% Strong Buy, 72.73% Buy, 4.55% Hold, 0% Sell, 0% Strong Sell.
  • November 2025: 22.73% Strong Buy, 72.73% Buy, 4.55% Hold, 0% Sell, 0% Strong Sell.

What is Targa Resources’s EPS forecast?

Targa Resources's average annual EPS forecast for its fiscal year ending in December 2025 is $8.05, marking a 38.55% increase from the reported $5.81 in 2024. Estimates for the following years are $9.6 in 2026, $11.1 in 2027, and $13.26 in 2028.

What is Targa Resources’s revenue forecast?

Targa Resources's average annual revenue forecast for its fiscal year ending in December 2025 is $21.26B, reflecting a 29.80% increase from the reported $16.38B in 2024. The forecast for 2026 is $23.67B, followed by $18.28B for 2027, and $46.84B for 2028.

What is Targa Resources’s net income forecast?

Targa Resources's net income forecast for the fiscal year ending in December 2025 stands at $1.66B, representing an 29.44% increase from the reported $1.28B in 2024. Projections indicate $1.96B in 2026, $2.17B in 2027, and $3B in 2028.