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TAC Stock Forecast 2026-2027
$12.16
Current Price
$3.61B
Market Cap
Buy 9
Hold 1
Sell 1
Wall St Analyst Ratings
Distance to TAC Price Targets
+38.6%
To High Target of $16.86
+11.6%
To Median Target of $13.57
-15.5%
To Low Target of $10.28
TAC Price Momentum
-11.1%
1 Week Change
+3.2%
1 Month Change
+42.2%
1 Year Change
-3.8%
Year-to-Date Change
-32.0%
From 52W High of $17.88
+45.8%
From 52W Low of $8.34
📊 TOP ANALYST CALLS
Did TAC Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if TransAlta is one of their latest high-conviction picks.
Latest TAC Stock Price Targets & Analyst Predictions
Based on our analysis of 5 Wall Street analysts, TAC has a bullish consensus with a median price target of $13.57 (ranging from $10.28 to $16.86). The overall analyst rating is Strong Buy (8.4/10). Currently trading at $12.16, the median forecast implies a 11.6% upside. This outlook is supported by 9 Buy, 1 Hold, and 1 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
TAC Analyst Ratings
9
Buy
1
Hold
1
Sell
TAC Price Target Range
Low
$10.28
Average
$13.57
High
$16.86
Current: $12.16
Latest TAC Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for TAC.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 24, 2026 | RBC Capital | Maurice Choy | Outperform | Reiterates | $24.00 |
| Oct 14, 2025 | Jefferies | Julien Dumoulin-Smith | Buy | Maintains | $27.00 |
| Aug 5, 2025 | TD Securities | Buy | Maintains | $20.00 | |
| Jul 18, 2025 | Scotiabank | Robert Hope | Sector Outperform | Upgrade | $20.00 |
| May 8, 2025 | RBC Capital | Maurice Choy | Outperform | Maintains | $20.00 |
| Feb 18, 2025 | CIBC | Mark Jarvi | Outperformer | Upgrade | $19.50 |
| Dec 16, 2022 | RBC Capital | Maurice Choy | Outperform | Maintains | $16.00 |
| Feb 10, 2020 | RBC Capital | Maurice Choy | Outperform | Upgrade | $13.00 |
| Jan 16, 2020 | Credit Suisse | Outperform | Upgrade | $N/A | |
| Jan 23, 2019 | National Bank Financial | Outperform | Upgrade | $N/A | |
| Jan 23, 2019 | National Bank Financial Inc | Outperform | Upgrade | $N/A | |
| May 25, 2018 | TD Securities | Hold | Initiates | $N/A | |
| Nov 7, 2016 | RBC Capital | Sector Perform | Upgrade | $N/A | |
| May 4, 2016 | RBC Capital | Underperform | Downgrade | $N/A | |
| Apr 22, 2016 | Credit Suisse | Underperform | Downgrade | $N/A | |
| Jan 15, 2016 | BMO Capital | Market Perform | Downgrade | $N/A | |
| Nov 23, 2015 | RBC Capital | Sector Perform | Upgrade | $N/A | |
| Aug 24, 2015 | BMO Capital | Outperform | Upgrade | $N/A | |
| Apr 17, 2014 | BMO Capital | Market Perform | Maintains | $N/A | |
| Apr 16, 2014 | BMO Capital | Market Perform | Maintains | $13.50 |
TransAlta Corporation (TAC) Competitors
The following stocks are similar to TransAlta based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
TransAlta Corporation (TAC) Financial Data
TransAlta Corporation has a market capitalization of $3.61B with a P/E ratio of 1,227.0x. The company generates $1.76B in trailing twelve-month revenue with a -5.7% profit margin.
Revenue growth is -11.7% quarter-over-quarter, while maintaining an operating margin of +11.7% and return on equity of -9.6%.
Valuation Metrics
Market Cap
$3.61B
Enterprise Value
$6.53B
P/E Ratio
1,227.0x
PEG Ratio
31.0x
Price/Sales
1.6x
Growth & Margins
Revenue Growth (YoY)
-11.7%
Gross Margin
+50.3%
Operating Margin
+11.7%
Net Margin
-5.7%
EPS Growth
-11.7%
Financial Health
Cash/Price Ratio
+5.7%
Current Ratio
0.7x
Debt/Equity
296.5x
ROE
-9.6%
ROA
+1.5%
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TransAlta Corporation (TAC) Business Model
About TransAlta Corporation
What They Do
Power generation and wholesale electricity marketing.
Business Model
TransAlta Corporation generates and sells electricity from a diverse portfolio of assets, including coal, natural gas, hydro, wind, and solar power facilities. The company operates in multiple countries, allowing it to tap into both domestic and international markets, thus maximizing revenue opportunities.
Additional Information
TransAlta is committed to sustainability and is transitioning from coal-fired power to cleaner, renewable energy sources, aligning with global trends to reduce carbon emissions. Its diverse energy portfolio supports various sectors, ensuring a stable electricity supply while promoting environmental stewardship.
Company Information
Sector
Utilities
Industry
Utilities - Independent Power Producers
Employees
1,350
CEO
Mr. John Harry Kousinioris
Country
Canada
IPO Year
2001
Website
www.transalta.comTransAlta Corporation (TAC) Latest News & Analysis
Latest News
TransAlta to Host Annual and Special Meeting of Shareholders and First Quarter 2026 Results Conference Call
14 days ago
Quick Summary
TransAlta Corporation will hold its 2026 Annual and Special Meeting for shareholders on April 7, 2026, in Calgary, Alberta.
Why It Matters
The announcement of TransAlta's annual meeting signals potential updates on performance, strategy, and shareholder decisions, which can impact stock valuation and investor sentiment.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
TAC Security has exceeded 10,000 clients and ranked among the top 5 global companies in vulnerability management and application security.
Why It Matters
TAC Security's growth to over 10,000 clients and ranking among the top 5 in its sector suggests strong demand for cybersecurity solutions, potentially boosting its market value and attractiveness to investors.
Source: Business Wire
Market Sentiment:
Neutral
TransAlta Investor Day Highlights Solid Foundation and Attractive Growth to 2029 and Beyond
30 days ago
Quick Summary
TransAlta Corporation is hosting its 2026 Investor Day to discuss its outlook for the Alberta power market, strategic priorities, and growth plans. The event is taking place in Toronto and virtually.
Why It Matters
TransAlta's Investor Day highlights strategic insights and growth prospects in the Alberta power market, influencing investor sentiment and potential stock performance.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
TransAlta Corporation held its Analyst/Investor Day, discussing strategic plans, financial performance, and future outlook. Key insights may impact investment decisions.
Why It Matters
The Analyst/Investor Day for TransAlta Corporation provides insights into the company's future strategies, financial outlook, and growth potential, directly impacting investor confidence and stock valuation.
Source: Seeking Alpha
Market Sentiment:
Neutral
Department of Energy Mandates Centralia Unit 2 Remain Available for Operation for Additional 90 Days
1 month ago
Quick Summary
TransAlta Corporation's subsidiary, TransAlta Centralia Generation LLC, is required by the U.S. Department of Energy to keep Centralia Unit 2 operational for 90 days, until June 14, 2026.
Why It Matters
The DOE's order for TransAlta's Centralia Unit 2 ensures operational continuity, potentially stabilizing revenue and impacting stock performance during this period.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
TransAlta Corporation announced that no Series A Preferred Shares will convert to Series B Shares on March 31, 2026. Additionally, 1,148,549 Series B Shares will convert to Series A Shares.
Why It Matters
TransAlta's preferred share conversions affect capital structure and yield expectations, influencing investor sentiment and potentially impacting share prices and dividends.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About TAC Stock
What is TransAlta Corporation's (TAC) stock forecast for 2026?
Based on our analysis of 5 Wall Street analysts, TransAlta Corporation (TAC) has a median price target of $13.57. The highest price target is $16.86 and the lowest is $10.28.
Is TAC stock a good investment in 2026?
According to current analyst ratings, TAC has 9 Buy ratings, 1 Hold ratings, and 1 Sell ratings. The stock is currently trading at $12.16. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for TAC stock?
Wall Street analysts predict TAC stock could reach $13.57 in the next 12 months. This represents a 11.6% increase from the current price of $12.16. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is TransAlta Corporation's business model?
TransAlta Corporation generates and sells electricity from a diverse portfolio of assets, including coal, natural gas, hydro, wind, and solar power facilities. The company operates in multiple countries, allowing it to tap into both domestic and international markets, thus maximizing revenue opportunities.
What is the highest forecasted price for TAC TransAlta Corporation?
The highest price target for TAC is $16.86 from at , which represents a 38.6% increase from the current price of $12.16.
What is the lowest forecasted price for TAC TransAlta Corporation?
The lowest price target for TAC is $10.28 from at , which represents a -15.5% decrease from the current price of $12.16.
What is the overall TAC consensus from analysts for TransAlta Corporation?
The overall analyst consensus for TAC is bullish. Out of 5 Wall Street analysts, 9 rate it as Buy, 1 as Hold, and 1 as Sell, with a median price target of $13.57.
How accurate are TAC stock price projections?
Stock price projections, including those for TransAlta Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: April 22, 2026 3:56 AM UTC