TICKERNERD
Menu
TRGPTRGPEnergy · Oil & Gas Midstream

TRGP Stock Forecast: Targa Resources Corp. Price Predictions for 2026-2027

Last close, 3 Sept 2026
$294
+0.03% on the day

The 23 Wall Street analysts covering Targa Resources Corp. hold a median 12-month price target of $310 — +5.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 46 of 100 as at 2 Sept 2026 — in the lower half.

Market cap
$63.5B
Ticker Nerd rank
46 / 100
Median analyst target
$310
Analysts covering
23
Revenue$4.4B+4.2% y/y
Operating income$1.2B
Net income$777.7M
Free cash flow$431.2M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.6%
1M
+10.9%
YTD
+61.4%
1Y
+83.3%
From 52W high
−2.9%
From 52W low
+104.9%
$143
$302
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

TRGP stock analysis: one number for the whole business

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.

Where the model ranks itAs at 2 Sept 2026
46 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
83
Momentum
82
Volatility
73
Revisions
54
Growth
49
Issuance
43
Accruals
42
Value
33
Size
4

Quality (83): The business earns solid, repeatable profits on what it owns.

Value (33): 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.

Wall Street

TRGP stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on TRGP, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$150$200$250$300$350Oct 25Jan 26Apr 26Jul 26TRGPHigh $351Median $310Low $257

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

What Wall Street says23 analysts
20 Buy3 Hold0 Sell
Low $257Median $310High $351

The green dot is the last close — the median target sits +5.6% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 11 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
27 Aug 2026RBC CapitalMaintainsOutperform$312 → $338
18 Aug 2026JefferiesMaintainsBuy$324 → $345
18 Aug 2026JefferiesMaintainsBuy—
18 Aug 2026Morgan StanleyMaintainsOverweight$333 → $343
18 Aug 2026Morgan StanleyMaintainsOverweight—
11 Aug 2026RBC CapitalMaintainsOutperform$310 → $312
11 Aug 2026RBC CapitalMaintainsOutperform—
7 Aug 2026BarclaysMaintainsOverweight—
7 Aug 2026BarclaysMaintainsOverweight$282 → $284
7 Aug 2026TD CowenMaintainsHold$270 → $275
7 Aug 2026TD CowenMaintainsHold—
7 Aug 2026Wells FargoMaintainsOverweight—
7 Aug 2026Wells FargoMaintainsOverweight$270 → $282
16 July 2026TD CowenMaintainsHold$245 → $270
16 July 2026TD CowenMaintainsHold—
15 July 2026Truist SecuritiesMaintainsBuy$289 → $312
15 July 2026Truist SecuritiesMaintainsBuy—
13 July 2026BarclaysMaintainsOverweight$270 → $282
13 July 2026BarclaysMaintainsOverweight—
9 July 2026JP MorganMaintainsOverweight$291 → $315

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

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.

Free, every Monday. Unsubscribe any time.

Performance

TRGP vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 3 Sept 2026, Targa Resources Corp. returned +83.3% against +21.4% for the S&P 500, dividends included.

TRGP vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160180200Oct 25Jan 26Apr 26Jul 26TRGPS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

TRGP analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+3.0%
Analysts raising
1
Analysts cutting
1
Fundamentals

Targa Resources Corp. (TRGP) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
28.3×

Cheaper than 28% of US stocks

Price / sales
3.8×

Cheaper than 33% of US stocks

Price / book
20.3×

Cheaper than 5% of US stocks

EV / EBITDA
15.0×

Cheaper than 23% of US stocks

Growth & margins
Revenue growth (YoY)
4.2%

Higher than 36% of US stocks

Earnings growth (YoY)
21.5%

Higher than 60% of US stocks

Gross margin
37.9%

Higher than 48% of US stocks

Operating margin
27.8%

Higher than 86% of US stocks

Net margin
13.5%

Higher than 76% of US stocks

Returns & dividend
Return on equity
70.8%

Higher than 95% of US stocks

Return on assets
9.2%

Higher than 91% of US stocks

Dividend yield
1.7%

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.

Key statistics

Targa Resources Corp. (TRGP) statistics: revenue, profit & scale

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 $63.5B and an enterprise value of $82.6B.

  • 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.

  • Shares outstanding: 214.4M.

  • Trailing P/E: 28.3×; forward P/E: 24.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.69%, paying out 41% of earnings.

  • Targa Resources Corp. employs 3,570 people — $4.7M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 4 Sept 2026

Data provided by Twelve Data

Peers

TRGP vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Midstream
CompanyMarket capTKN rank
TRGPTarga Resources Corp.$63.5B
46
TRPTC Energy Corp.$62.5B
50
LNGCheniere Energy, Inc.$61.1B
85
OKEONEOK, Inc.$60.4B
58
KMIKinder Morgan, Inc.$71.1B
78
WMBThe Williams Cos., Inc.$91.9B
43
VGVenture Global, Inc.$36.2B
46

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 →

News

Latest TRGP news & analysis

Why Targa Resources, Inc. (TRGP) is a Top Growth Stock for the Long-Term

Zacks Investment Research · 1 Sept 2026positive

Zacks Investment Research highlights Targa Resources, Inc. as a top growth stock for the long term, using its Zacks Style Scores framework to identify it as a strong, market-beating choice for investors.

Why it matters — A TRGP watcher would care because the article positions the company as a standout growth pick, indicating strong market confidence in its long-term prospects.

Midstream Scales Up Natural Gas Infrastructure

ETF Trends · 1 Sept 2026positive

Midstream MLPs and corporations broadly raised their full-year financial guidance after a strong second quarter. The sector's growth runway is expected to accelerate as natural gas infrastructure scales up.

Why it matters — As a natural gas midstream company, Targa Resources could benefit from a sector-wide acceleration in infrastructure growth and strong financial performance.

10-14% Yielding Monthly Dividend Machines To Supercharge Your Early Retirement

Seeking Alpha · 28 Aug 2026neutral

A Seeking Alpha article discusses two monthly dividend-paying stocks with yields of 10-14% as potential vehicles for early retirement, outlining their pros, cons, risks, and reward profiles. The piece does not mention Targa Resources Corp. specifically.

Why it matters — TRGP watchers may find this article relevant as context on high-yield monthly dividend income strategies, though it does not directly address Targa Resources.

Why Targa Resources, Inc. (TRGP) is a Top Momentum Stock for the Long-Term

Zacks Investment Research · 27 Aug 2026positive

Zacks Investment Research highlighted Targa Resources, Inc. (TRGP) as a top momentum stock for the long term, using its Zacks Style Scores feature to identify strong stocks for value, growth, or momentum investors.

Why it matters — The recognition positions TRGP favorably among investors who follow momentum-based strategies and Zacks' proprietary scoring system.

Strong Midstream 2Q26 Earnings Boost Full-Year Outlook

ETF Trends · 25 Aug 2026positive

Midstream MLPs and corporations reported strong second-quarter earnings, driven by record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids exports. Companies highlighted the defensive nature of their fee-based cash flows.

Why it matters — Strong midstream earnings and resilient fee-based cash flows point to a favorable environment for Targa Resources, a diversified midstream player.

FAQ

Frequently asked questions about TRGP stock

What is the TRGP stock price forecast for 2026-2027?

The 23 Wall Street analysts covering Targa Resources Corp. have a median 12-month price target of $310, with estimates ranging from $257 to $351. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TRGP stock a buy right now?

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. 46 out of 100 across roughly 4,600 US stocks as at 2 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TRGP?

As at 2 Sept 2026, Targa Resources Corp. ranks 46 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 Quality (83 of 100).

Will TRGP stock go up?

No one can know that. What the data says: the median 12-month target from 23 analysts implies +5.6% from the last close, and Ticker Nerd's factor model ranks Targa Resources Corp. 46 out of 100 as at 2 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the TRGP stock forecast for 2030?

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 $351 over the next 12 months.

How has TRGP stock performed over the past year?

Targa Resources Corp. returned +83.3% over the 12 months to 3 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Targa Resources Corp. do?

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.

What is the latest news on TRGP?

The most recent item we track (Zacks Investment Research, 1 Sept 2026): "Why Targa Resources, Inc. (TRGP) is a Top Growth Stock for the Long-Term". Zacks Investment Research highlights Targa Resources, Inc. as a top growth stock for the long term, using its Zacks Style Scores framework to identify it as a strong, market-beating choice for investors.

Company

About Targa Resources Corp.

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