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TRGP Stock Forecast 2026-2027
$273.02
Current Price
$58.60B
Market Cap
Buy 20
Hold 3
Sell 0
Wall St Analyst Ratings
Distance to TRGP Price Targets
+21.2%
To High Target of $331.00
+4.4%
To Median Target of $285.00
-10.3%
To Low Target of $245.00
TRGP Price Momentum
+5.5%
1 Week Change
+0.2%
1 Month Change
+59.9%
1 Year Change
+48.0%
Year-to-Date Change
-2.5%
From 52W High of $280.00
+89.4%
From 52W Low of $144.14
📊 TOP ANALYST CALLS
Did TRGP 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 Targa Resources is one of their latest high-conviction picks.
Latest TRGP Stock Price Targets & Analyst Predictions
Based on our analysis of 3 Wall Street analysts, TRGP has a bullish consensus with a median price target of $285.00 (ranging from $245.00 to $331.00). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $273.02, the median forecast implies a 4.4% upside. This outlook is supported by 20 Buy, 3 Hold, and 0 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.
TRGP Analyst Ratings
20
Buy
3
Hold
0
Sell
TRGP Price Target Range
Low
$245.00
Average
$285.00
High
$331.00
Current: $273.02
Latest TRGP Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for TRGP.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jul 9, 2026 | JP Morgan | Overweight | Maintains | $N/A | |
| Jun 23, 2026 | Barclays | Overweight | Maintains | $N/A | |
| Jun 18, 2026 | Jefferies | Buy | Initiates | $N/A | |
| May 27, 2026 | Mizuho | Outperform | Maintains | $N/A | |
| May 14, 2026 | Barclays | Overweight | Maintains | $N/A | |
| May 12, 2026 | Morgan Stanley | Overweight | Maintains | $N/A | |
| May 12, 2026 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| May 12, 2026 | Truist Securities | Buy | Maintains | $N/A | |
| May 11, 2026 | TD Cowen | Hold | Maintains | $N/A | |
| May 8, 2026 | Wells Fargo | Overweight | Maintains | $N/A | |
| May 4, 2026 | Seaport Global | Neutral | Downgrade | $N/A | |
| Apr 20, 2026 | Goldman Sachs | Buy | Maintains | $N/A | |
| Apr 13, 2026 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| Apr 13, 2026 | RBC Capital | Outperform | Maintains | $N/A | |
| Apr 13, 2026 | Truist Securities | Buy | Maintains | $N/A | |
| Apr 7, 2026 | Barclays | Overweight | Maintains | $N/A | |
| Apr 7, 2026 | Morgan Stanley | Overweight | Maintains | $N/A | |
| Mar 24, 2026 | Truist Securities | Buy | Initiates | $N/A | |
| Mar 24, 2026 | UBS | Buy | Maintains | $N/A | |
| Mar 19, 2026 | Mizuho | Outperform | Maintains | $N/A |
Targa Resources Corp. (TRGP) Competitors
The following stocks are similar to Targa Resources based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
TRGP
Targa Resources
mkt cap
55.57B
Targa Resources Corp. (TRGP) Financial Data
Targa Resources Corp. has a market capitalization of $58.60B with a P/E ratio of 27.9x. The company generates $16.56B in trailing twelve-month revenue with a 12.9% profit margin.
Revenue growth is -10.2% quarter-over-quarter, while maintaining an operating margin of +20.9% and return on equity of +74.1%.
Valuation Metrics
Market Cap
$58.60B
Enterprise Value
$78.81B
P/E Ratio
27.9x
PEG Ratio
0.2x
Price/Sales
3.5x
Growth & Margins
Revenue Growth (YoY)
-10.2%
Gross Margin
+31.1%
Operating Margin
+20.9%
Net Margin
+12.9%
EPS Growth
+77.3%
Financial Health
Cash/Price Ratio
+0.2%
Current Ratio
0.7x
Debt/Equity
585.2x
ROE
+74.1%
ROA
+9.1%
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Targa Resources Corp. (TRGP) Business Model
About Targa Resources Corp.
What They Do
Provides midstream energy infrastructure services.
Business Model
The company operates a network of assets that facilitate the gathering, processing, transportation, storage, and fractionation of natural gas and natural gas liquids. Targa generates revenue primarily through fees charged for its services, as well as through the sale of natural gas liquids and other related products.
Additional Information
Targa Resources Corp. has a significant presence in major U.S. production regions, particularly the Permian Basin, and plays a crucial role in the energy value chain by connecting supply with both domestic and international markets.
Company Information
Sector
Energy
Industry
Oil & Gas Midstream
Employees
3,570
CEO
Mr. Matthew J. Meloy
Country
United States
IPO Year
2010
Website
www.targaresources.comTarga Resources Corp. (TRGP) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Top Analyst Reports for Amazon.com, Walmart & American Express
Amazon.com's AI push, global expansion and diversified businesses support growth, but rising AI spending, debt and competition pose challenges.
Jul 07, 2026
By Mark Vickery
Research Daily
Latest News
Quick Summary
The energy infrastructure sector encompasses various business models, including gathering systems, pipelines, and export facilities, complicating comparisons among midstream companies.
Why It Matters
Lack of standardized classifications complicates investment comparisons in the energy infrastructure sector, potentially impacting valuation and strategic decisions for midstream companies.
Source: ETF Trends
Market Sentiment:
Neutral
Quick Summary
Targa Resources is rated a 'Buy' as its NGL midstream operations in the Permian Basin drive strong EBITDA and dividend growth. EBITDA guidance raised to $5.7–$5.9 billion, with declining cap-ex boosting free cash flow.
Why It Matters
Targa Resources' growth in EBITDA and dividends, driven by its Permian Basin presence and rising cap-ex efficiency, signals strong financial health and potential returns for investors.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
The article discusses two high-yield investments with a starting yield of 7%+, focusing on income growth and NAV stability, suitable for long-term holding.
Why It Matters
The excerpt highlights investment opportunities with high yield, income growth, and stable NAV, appealing to those seeking reliable, long-term income sources in retirement.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Zacks Style Scores help investors identify top-rated stocks aligned with their investing style, providing a useful tool for stock selection.
Why It Matters
Zacks Style Scores highlight top-rated stocks, helping investors identify potential winners aligned with their strategies, which can enhance portfolio performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Targa Resources (TRGP) and Blue Owl Capital (OWL) are recommended for income and growth. TRGP has strong returns and a 60% dividend CAGR, while OWL offers a 9% yield and trades at a discount.
Why It Matters
Targa Resources and Blue Owl Capital present strong income and growth opportunities, with Targa's impressive dividend growth and Blue Owl's high yield and undervalued status amid market challenges.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
TRGP has increased nearly 59% over the past year, driven by growth projects, LPG export expansion, and a positive earnings outlook, despite some key risks.
Why It Matters
TRGP's 59% surge indicates strong market confidence in its growth potential, driven by projects and exports, which may signal a favorable investment opportunity despite risks.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About TRGP Stock
What is Targa Resources Corp.'s (TRGP) stock forecast for 2027?
Based on our analysis of 3 Wall Street analysts, Targa Resources Corp. (TRGP) has a median price target of $285.00. The highest price target is $331.00 and the lowest is $245.00.
Is TRGP stock a good investment in 2027?
According to current analyst ratings, TRGP has 20 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $273.02. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for TRGP stock?
Wall Street analysts predict TRGP stock could reach $285.00 in the next 12 months. This represents a 4.4% increase from the current price of $273.02. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Targa Resources Corp.'s business model?
The company operates a network of assets that facilitate the gathering, processing, transportation, storage, and fractionation of natural gas and natural gas liquids. Targa generates revenue primarily through fees charged for its services, as well as through the sale of natural gas liquids and other related products.
What is the highest forecasted price for TRGP Targa Resources Corp.?
The highest price target for TRGP is $331.00 from at , which represents a 21.2% increase from the current price of $273.02.
What is the lowest forecasted price for TRGP Targa Resources Corp.?
The lowest price target for TRGP is $245.00 from at , which represents a -10.3% decrease from the current price of $273.02.
What is the overall TRGP consensus from analysts for Targa Resources Corp.?
The overall analyst consensus for TRGP is bullish. Out of 3 Wall Street analysts, 20 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $285.00.
How accurate are TRGP stock price projections?
Stock price projections, including those for Targa Resources Corp., 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: July 10, 2026 4:01 AM UTC