TRGPEnergy · Oil & Gas MidstreamThe 22 Wall Street analysts covering Targa Resources Corp. hold a median 12-month price target of $320 — +13.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 45 of 100 as at 23 Sept 2026 — in the lower 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
Momentum (86): The shares have been drifting up relative to others.
Value (30): The shares cost a lot relative to the profits and assets behind them.
Size (4): 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.
Data provided by Twelve Data
The green dot is the last close — the median target sits +13.1% from it.
Of the 20 most recent actions, 12 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 21 Sept 2026 | Truist Securities | Reiterates | Buy | $312 → $345 |
| 18 Sept 2026 | TD Cowen | Upgrade | Buy | $275 → $350 |
| 16 Sept 2026 | Morgan Stanley | Maintains | Overweight | $343 → $359 |
| 11 Sept 2026 | Mizuho | Maintains | Outperform | $300 → $320 |
| 10 Sept 2026 | Scotiabank | Maintains | Sector Outperform | — |
| 10 Sept 2026 | Scotiabank | Maintains | Sector Outperform | $257 → $314 |
| 10 Sept 2026 | Stifel | Reinstates | Buy | $340 |
| 2 Sept 2026 | Wells Fargo | Maintains | Overweight | $282 → $324 |
| 2 Sept 2026 | Wells Fargo | Maintains | Overweight | — |
| 27 Aug 2026 | RBC Capital | Maintains | Outperform | $312 → $338 |
| 27 Aug 2026 | RBC Capital | Maintains | Outperform | — |
| 18 Aug 2026 | Jefferies | Maintains | Buy | — |
| 18 Aug 2026 | Jefferies | Maintains | Buy | $324 → $345 |
| 18 Aug 2026 | Morgan Stanley | Maintains | Overweight | — |
| 18 Aug 2026 | Morgan Stanley | Maintains | Overweight | $333 → $343 |
| 11 Aug 2026 | RBC Capital | Maintains | Outperform | — |
| 11 Aug 2026 | RBC Capital | Maintains | Outperform | $310 → $312 |
| 7 Aug 2026 | Barclays | Maintains | Overweight | — |
| 7 Aug 2026 | Barclays | Maintains | Overweight | $282 → $284 |
| 7 Aug 2026 | TD Cowen | Maintains | Hold | $270 → $275 |
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 23 Sept 2026, Targa Resources Corp. returned +69.9% against +17.0% for the S&P 500, dividends included.
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Data provided by Twelve Data
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 27% of US stocks
Cheaper than 33% of US stocks
Cheaper than 5% of US stocks
Cheaper than 23% of US stocks
Higher than 36% of US stocks
Higher than 59% of US stocks
Higher than 46% 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 38% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Targa Resources Corp. has a market value of $62.0B and an enterprise value of $81.6B.
Revenue in the twelve months to 30 June 2026: $16.7B. The latest quarter grew 4.2% year on year.
Net income over the same four quarters: $2.3B, a 13.8% net margin.
Diluted earnings per share, trailing twelve months: $10.54.
Free cash flow in the twelve months to 30 June 2026: $740.9M.
Targa Resources Corp. spent $327.7M on share buybacks and $921.3M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 27.7×; forward P/E: 24.0× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 1.73%, paying out 41% of earnings.
Targa Resources Corp. employs 3,570 people — $4.7M of revenue per employee.
Data provided by Twelve Data
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 →
ProPetro's PROPWR secured 230 MW in long-term contracts with Targa Resources (TRGP), bringing its committed capacity to 510 MW and expanding its Permian on-site power footprint.
Why it matters — A TRGP watcher would care because the long-term power contracts deepen Targa's Permian on-site energy partnerships and broaden its operational footprint.
PROPWR has signed new power contracts to commit approximately 230 megawatts to Targa Resources Corp., according to a Business Wire announcement from Midland, Texas. The agreement secures power capacity for Targa through the newly signed contracts.
Why it matters — This secures significant power supply for Targa, supporting reliable operations for a TRGP watcher monitoring the company's infrastructure and energy commitments.
Zacks Investment Research identifies Targa Resources as a strong growth stock, referencing its Zacks Style Scores system for picking market-beating stocks. The piece highlights TRGP among stocks selected through this scoring approach.
Why it matters — A Targa Resources watcher would care because the piece positions TRGP favorably under Zacks' growth-stock scoring framework.
Targa Resources Corp. announced that its 2025 Sustainability Report is now available on the company's website. The report reviews the company's 2025 performance across environmental, social, and governance topics that Targa considers important to the industry and its business.
Why it matters — The release provides TRGP watchers with the company's disclosed performance and positioning on ESG topics for the 2025 calendar year.
Zacks Investment Research highlights Targa Resources, Inc. (TRGP) as a strong momentum stock, recommending its Style Scores as a tool for identifying market-beating stocks.
Why it matters — TRGP watchers would care because the item signals the stock is receiving positive momentum-oriented attention from a widely followed research firm.
The 22 Wall Street analysts covering Targa Resources Corp. have a median 12-month price target of $320, with estimates ranging from $284 to $359. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 22 analysts covering Targa Resources Corp., 21 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Targa Resources Corp. 45 out of 100 across roughly 4,600 US stocks as at 23 Sept 2026. None of this is personal advice — it does not consider your circumstances.
As at 23 Sept 2026, Targa Resources Corp. ranks 45 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 Momentum (86 of 100).
No one can know that. What the data says: the median 12-month target from 22 analysts implies +13.1% from the last close, and Ticker Nerd's factor model ranks Targa Resources Corp. 45 out of 100 as at 23 Sept 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: $284 to $359 over the next 12 months.
Targa Resources Corp. returned +69.9% over the 12 months to 23 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.
Targa Resources Corp. is a midstream energy company that provides infrastructure and services for natural gas, natural gas liquids, and crude oil across North America.
The most recent item we track (Zacks Investment Research, 23 Sept 2026): "ProPetro's PROPWR Expands Power Footprint With Targa Deal". ProPetro's PROPWR secured 230 MW in long-term contracts with Targa Resources (TRGP), bringing its committed capacity to 510 MW and expanding its Permian on-site power footprint.
Targa Resources Corp. is a midstream energy company that provides infrastructure and services for natural gas, natural gas liquids, and crude oil across North America. The company operates through two main business segments, Gathering and Processing, and Logistics and Transportation, supporting the movement of energy from production areas to processing, storage, terminaling, and export channels. Its operations include gathering, compressing, treating, processing, transporting, fractionating, storing, and marketing natural gas and NGL products, as well as handling related logistics for industrial customers, exporters, refiners, and petrochemical companies. Targa Resources Corp. plays an important role in connecting supply basins with downstream energy markets through its integrated network of domestic infrastructure assets. Headquartered in Houston, Texas, the company focuses on midstream energy services that support the broader U.S. energy supply chain.
CEO Mr. Matthew J. Meloy · 3,570 employees · United States · https://www.targaresources.com
