TRGPEnergy · Oil & Gas MidstreamThe 23 Wall Street analysts covering Targa Resources Corp. hold a median 12-month price target of $300 — +8.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 50 of 100 as at 13 Aug 2026 — in the upper half.
Consensus tells you what everyone already believes. The model scores Targa Resources Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Volatility (90): The share price has been relatively steady.
Value (33): The shares cost a lot relative to the profits and assets behind them.
Size (5): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on TRGP, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +8.8% from it.
Of the 20 most recent actions, 8 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 11 Aug 2026 | RBC Capital | Maintains | Outperform | $310 → $312 |
| 7 Aug 2026 | Barclays | Maintains | Overweight | $282 → $284 |
| 7 Aug 2026 | TD Cowen | Maintains | Hold | $270 → $275 |
| 7 Aug 2026 | Wells Fargo | Maintains | Overweight | $270 → $282 |
| 16 July 2026 | TD Cowen | Maintains | Hold | — |
| 16 July 2026 | TD Cowen | Maintains | Hold | $245 → $270 |
| 15 July 2026 | Truist Securities | Maintains | Buy | $289 → $312 |
| 15 July 2026 | Truist Securities | Maintains | Buy | — |
| 13 July 2026 | Barclays | Maintains | Overweight | $270 → $282 |
| 13 July 2026 | Barclays | Maintains | Overweight | — |
| 9 July 2026 | JP Morgan | Maintains | Overweight | $291 → $315 |
| 9 July 2026 | JP Morgan | Maintains | Overweight | — |
| 23 June 2026 | Barclays | Maintains | Overweight | — |
| 18 June 2026 | Jefferies | Initiates | Buy | — |
| 27 May 2026 | Mizuho | Maintains | Outperform | — |
| 14 May 2026 | Barclays | Maintains | Overweight | — |
| 12 May 2026 | Morgan Stanley | Maintains | Overweight | — |
| 12 May 2026 | Scotiabank | Maintains | Sector Outperform | — |
| 12 May 2026 | Truist Securities | Maintains | Buy | — |
| 11 May 2026 | TD Cowen | Maintains | Hold | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TRGP appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 32% of US stocks
Cheaper than 36% of US stocks
Cheaper than 6% of US stocks
Cheaper than 26% of US stocks
Higher than 37% of US stocks
Higher than 60% of US stocks
Higher than 48% of US stocks
Higher than 86% of US stocks
Higher than 76% of US stocks
Higher than 95% of US stocks
Higher than 91% of US stocks
Higher than 42% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Targa Resources Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Targa Resources' second-quarter earnings beat estimates, driven by higher midstream fees and margins, although revenues missed expectations due to lower commodity sales.
Why it matters — For TRGP watchers, the earnings beat from stronger midstream operations signals the segment's profitability, even as weaker commodity revenue tempered overall results.
Zacks Investment Research highlights Targa Resources, Inc. (TRGP) as a strong growth stock, referencing its Zacks Style Scores as a tool for identifying market-beating stocks.
Why it matters — TRGP watchers would care because the article positions Targa favorably among growth stocks, potentially influencing how investors perceive it.
Targa Resources reported record second-quarter operating volumes and adjusted EBITDA, driven by Permian Basin growth, higher marketing optimization opportunities, and record downstream activity.
Why it matters — Record volumes and EBITDA signal strong operational momentum across Targa's upstream and downstream segments for investors tracking the company.
Zacks Research covers Targa Resources' Q2 2026 earnings, noting that the company's top- and bottom-line numbers indicate how the business performed in the quarter. The piece examines how key metrics compare with Wall Street estimates and year-ago values.
Why it matters — TRGP watchers would care because the article benchmarks the company's quarterly operating metrics against analyst estimates and prior-year results, offering context for assessing the quarter.
Targa Resources, Inc. reported Q2 earnings of $3.54 per share, exceeding the Zacks Consensus Estimate of $2.83 per share. This compares with earnings of $2.87 per share in the same quarter a year ago.
Why it matters — TRGP watchers would note the company's quarterly results came in well above analyst expectations, a stronger performance than the prior-year period.
The 23 Wall Street analysts covering Targa Resources Corp. have a median 12-month price target of $300, with estimates ranging from $257 to $335. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 23 analysts covering Targa Resources Corp., 20 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Targa Resources Corp. 50 out of 100 across roughly 4,600 US stocks as at 13 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 13 Aug 2026, Targa Resources Corp. ranks 50 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (90 of 100).
No one can know that. What the data says: the median 12-month target from 23 analysts implies +8.8% from the last close, and Ticker Nerd's factor model ranks Targa Resources Corp. 50 out of 100 as at 13 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Targa Resources Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TRGP are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $257 to $335 over the next 12 months.
Targa Resources Corp. returned +70.2% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Targa Resources Corp. is a midstream energy company that provides infrastructure for the gathering, processing, transportation, storage, and fractionation of natural gas and natural gas liquids.
The most recent item we track (Zacks Investment Research, 14 Aug 2026): "Targa Resources Q2 Earnings Beat Estimates, Revenues Miss". Targa Resources' second-quarter earnings beat estimates, driven by higher midstream fees and margins, although revenues missed expectations due to lower commodity sales.
Targa Resources Corp. is a midstream energy company that provides infrastructure for the gathering, processing, transportation, storage, and fractionation of natural gas and natural gas liquids. The company operates a network of assets across major U.S. production regions, including the Permian Basin, and supports the movement of hydrocarbons from wellhead to market. Its business also includes natural gas liquids pipelines, fractionation facilities, and export operations that help connect supply with domestic and international demand. Targa Resources Corp. plays an important role in the energy value chain by enabling the handling and distribution of key feedstocks used in fuel, petrochemical, and industrial markets.
CEO Mr. Matthew J. Meloy · 3,570 employees · United States · https://www.targaresources.com