NYSE: TRGP
Targa Resources Corp Stock Forecast, Predictions & Price Target

Analyst price target for TRGP

Based on 13 analysts offering 12 month price targets for Targa Resources Corp

Min Forecast
$268.00-4.88%
Avg Forecast
$320.92+13.91%
Max Forecast
$359.00+27.42%

Should I buy or sell TRGP stock?

Based on 14 analysts offering ratings for Targa Resources Corp.

Strong Buy
Strong Buy
10 analysts 71.43%
Buy
3 analysts 21.43%
Hold
1 analysts 7.14%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although TRGP's forecast from analysts indicates a "Strong Buy", our proven Zen Rating quant model rates TRGP as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +5.11% per year. Learn More

Be the first to know when Wall Street analysts revise their TRGP stock forecasts and price targets.

TRGP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-09-21
lockedlocked$00.00+00.00%2026-09-18Find Out Why
lockedlocked$00.00+00.00%2026-09-16Find Out Why
lockedlocked$00.00+00.00%2026-09-11
lockedlocked$00.00+00.00%2026-09-10
Stifel Nicolaus
Bottom 41%
41
Strong BuyReinstates$340.00+20.68%2026-09-10
Wells Fargo
Top 21%
80
Strong BuyMaintains$324.00+15.00%2026-09-02Find out why
RBC Capital
Top 14%
87
BuyMaintains$338.00+19.97%2026-08-27
Jefferies
Top 32%
69
Strong BuyMaintains$345.00+22.45%2026-08-18Find out why
Barclays
Top 3%
98
Strong BuyMaintains$284.00+0.80%2026-08-07

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Forecast return on equity

Is TRGP forecast to generate an efficient return?

Company
N/A
Industry
37.14%
Market
168.15%

Forecast return on assets

Is TRGP forecast to generate an efficient return on assets?

Company
N/A
Industry
6.88%

TRGP earnings per share forecast

What is TRGP's earnings per share in the next 3 years based on estimates from 24 analysts?

Avg 1 year Forecast
$11.28+7.51%
Avg 2 year Forecast
$12.51+19.22%
Avg 3 year Forecast
$15.06+43.56%
TRGP's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TRGP revenue forecast

What is TRGP's revenue in the next 3 years based on estimates from 15 analysts?

Avg 1 year Forecast
$19.5B+16.2%
Avg 2 year Forecast
$23.9B+42.48%
Avg 3 year Forecast
$26.8B+59.9%
TRGP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TRGP earnings growth forecast

How is TRGP forecast to perform vs Oil & Gas Midstream companies and vs the US market?

Company
12.17%
Industry
14.66%
Market
32.53%
TRGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TRGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TRGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TRGP revenue growth forecast

How is TRGP forecast to perform vs Oil & Gas Midstream companies and vs the US market?

Company
17.35%
Industry
6.49%
Market
14.51%
TRGP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TRGP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TRGP vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
TRGP$281.74$320.92+13.91%Strong Buy
TRP$59.07$88.50+49.82%Strong Buy
MPLX$56.38$63.71+13.01%Strong Buy
LNG$269.95$306.88+13.68%Strong Buy
OKE$87.88$100.46+14.31%Buy

Targa Resources Stock Forecast FAQ

Is Targa Resources Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: TRGP) stock is to Strong Buy TRGP stock.

Out of 14 analysts, 10 (71.43%) are recommending TRGP as a Strong Buy, 3 (21.43%) are recommending TRGP as a Buy, 1 (7.14%) are recommending TRGP as a Hold, 0 (0%) are recommending TRGP as a Sell, and 0 (0%) are recommending TRGP as a Strong Sell.

If you're new to stock investing, here's how to buy Targa Resources stock.

What is TRGP's earnings growth forecast for 2026-2028?

(NYSE: TRGP) Targa Resources's forecast annual earnings growth rate of 12.17% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 14.66%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 32.53%.

Targa Resources's earnings in 2026 is $2,267,600,000.On average, 24 Wall Street analysts forecast TRGP's earnings for 2026 to be $2,418,202,953, with the lowest TRGP earnings forecast at $1,899,687,301, and the highest TRGP earnings forecast at $2,647,794,247. On average, 24 Wall Street analysts forecast TRGP's earnings for 2027 to be $2,681,652,906, with the lowest TRGP earnings forecast at $2,120,336,822, and the highest TRGP earnings forecast at $3,230,939,409.

In 2028, TRGP is forecast to generate $3,229,223,961 in earnings, with the lowest earnings forecast at $2,393,521,943 and the highest earnings forecast at $4,127,046,646.

What is TRGP's revenue growth forecast for 2026-2028?

(NYSE: TRGP) Targa Resources's forecast annual revenue growth rate of 17.35% is forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 6.49%, and it is also forecast to beat the US market's average forecast revenue growth rate of 14.51%.

Targa Resources's revenue in 2026 is $16,741,500,000.On average, 15 Wall Street analysts forecast TRGP's revenue for 2026 to be $4,171,326,651,513, with the lowest TRGP revenue forecast at $3,382,863,787,296, and the highest TRGP revenue forecast at $4,726,917,426,924. On average, 14 Wall Street analysts forecast TRGP's revenue for 2027 to be $5,114,823,143,913, with the lowest TRGP revenue forecast at $3,816,657,742,779, and the highest TRGP revenue forecast at $5,910,147,800,802.

In 2028, TRGP is forecast to generate $5,740,318,432,170 in revenue, with the lowest revenue forecast at $4,181,404,909,500 and the highest revenue forecast at $6,613,910,411,724.

What is TRGP's forecast return on assets (ROA) for 2026-2029?

(NYSE: TRGP) forecast ROA is N/A, which is lower than the forecast US Oil & Gas Midstream industry average of 6.88%.

What is TRGP's Price Target?

According to 13 Wall Street analysts that have issued a 1 year TRGP price target, the average TRGP price target is $320.92, with the highest TRGP stock price forecast at $359.00 and the lowest TRGP stock price forecast at $268.00.

On average, Wall Street analysts predict that Targa Resources's share price could reach $320.92 by Sep 21, 2027. The average Targa Resources stock price prediction forecasts a potential upside of 13.91% from the current TRGP share price of $281.74.

What is TRGP's Earnings Per Share (EPS) forecast for 2026-2028?

(NYSE: TRGP) Targa Resources's current Earnings Per Share (EPS) is $10.49. On average, analysts forecast that TRGP's EPS will be $11.28 for 2026, with the lowest EPS forecast at $8.86, and the highest EPS forecast at $12.35. On average, analysts forecast that TRGP's EPS will be $12.51 for 2027, with the lowest EPS forecast at $9.89, and the highest EPS forecast at $15.07. In 2028, TRGP's EPS is forecast to hit $15.06 (min: $11.16, max: $19.25).

What is TRGP's forecast return on equity (ROE) for 2026-2029?

(NYSE: TRGP) forecast ROE is N/A, which is considered weak.
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