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TRGP Stock Forecast 2025-2026
$159.09
Current Price
$34.49B
Market Cap
Buy 20
Hold 2
Sell 0
Wall St Analyst Ratings
Distance to TRGP Price Targets
+53.4%
To High Target of $244.00
+24.5%
To Median Target of $198.00
-1.3%
To Low Target of $157.00
TRGP Price Momentum
-4.0%
1 Week Change
-7.7%
1 Month Change
+39.7%
1 Year Change
-10.9%
Year-to-Date Change
-27.2%
From 52W High of $218.51
+40.0%
From 52W Low of $113.65
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Latest TRGP Stock Price Targets & Analyst Predictions
Based on our analysis of 29 Wall Street analysts, TRGP has a bullish consensus with a median price target of $198.00 (ranging from $157.00 to $244.00). The overall analyst rating is Strong Buy (9.1/10). Currently trading at $159.09, the median forecast implies a 24.5% upside. This outlook is supported by 20 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Robert Kad at Morgan Stanley, projecting a 53.4% upside.
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
2
Hold
0
Sell
TRGP Price Target Range
Low
$157.00
Average
$198.00
High
$244.00
Current: $159.09
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 |
|---|---|---|---|---|---|
| May 20, 2025 | Scotiabank | Brandon Bingham | Sector Outperform | Maintains | $193.00 |
| May 20, 2025 | Barclays | Theresa Chen | Overweight | Maintains | $178.00 |
| May 20, 2025 | Mizuho | Gabriel Moreen | Outperform | Maintains | $212.00 |
| May 15, 2025 | UBS | Shneur Gershuni | Buy | Maintains | $228.00 |
| May 9, 2025 | Citigroup | Spiro Dounis | Buy | Maintains | $197.00 |
| May 8, 2025 | RBC Capital | Elvira Scotto | Outperform | Maintains | $191.00 |
| May 5, 2025 | Goldman Sachs | John Mackay | Buy | Maintains | $194.00 |
| Apr 29, 2025 | Scotiabank | Brandon Bingham | Sector Outperform | Maintains | $199.00 |
| Apr 28, 2025 | Mizuho | Gabriel Moreen | Outperform | Maintains | $218.00 |
| Apr 9, 2025 | Barclays | Theresa Chen | Overweight | Maintains | $206.00 |
| Mar 21, 2025 | Barclays | Theresa Chen | Overweight | Maintains | $211.00 |
| Mar 18, 2025 | Truist Securities | Neal Dingmann | Buy | Maintains | $235.00 |
| Mar 17, 2025 | Morgan Stanley | Robert Kad | Overweight | Maintains | $244.00 |
| Mar 6, 2025 | Scotiabank | Brandon Bingham | Sector Outperform | Maintains | $210.00 |
| Mar 3, 2025 | RBC Capital | Elvira Scotto | Outperform | Maintains | $221.00 |
| Feb 25, 2025 | Citigroup | Spiro Dounis | Buy | Maintains | $227.00 |
| Feb 21, 2025 | Wells Fargo | Michael Blum | Overweight | Maintains | $220.00 |
| Feb 20, 2025 | Mizuho | Gabriel Moreen | Outperform | Maintains | $226.00 |
| Jan 13, 2025 | Barclays | Christine Cho | Overweight | Maintains | $204.00 |
| Jan 10, 2025 | Scotiabank | Holly Stewart | Sector Outperform | Initiates | $218.00 |
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
36.11B
Targa Resources Corp. (TRGP) Financial Data
Targa Resources Corp. has a market capitalization of $34.49B with a P/E ratio of 29.2x. The company generates $16.38B in trailing twelve-month revenue with a 8.0% profit margin.
Revenue growth is +3.5% quarter-over-quarter, while maintaining an operating margin of +11.9% and return on equity of +42.0%.
Valuation Metrics
Market Cap
$34.49B
Enterprise Value
$50.97B
P/E Ratio
29.2x
PEG Ratio
19.2x
Price/Sales
2.1x
Growth & Margins
Revenue Growth (YoY)
+3.5%
Gross Margin
+20.5%
Operating Margin
+11.9%
Net Margin
+8.0%
EPS Growth
-1.7%
Financial Health
Cash/Price Ratio
+0.4%
Current Ratio
0.6x
Debt/Equity
630.0x
ROE
+42.0%
ROA
+7.4%
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Targa Resources Corp. (TRGP) Business Model
About Targa Resources Corp.
What They Do
Midstream energy company focused on natural gas.
Business Model
The company operates a midstream business model, generating revenue through the processing, storage, transportation, and marketing of natural gas and natural gas liquids (NGLs). It collects natural gas from production sites, processes it, and transports it to end users, as well as fractionating NGLs into individual components for various applications.
Additional Information
Targa Resources Corp. has a significant presence in major U.S. shale basins, playing a crucial role in the energy supply chain by supporting industries that rely on natural gas and NGLs. Its operations enhance energy infrastructure stability and efficiency across multiple markets, making it a strategic player in the sector.
Company Information
Sector
Energy
Industry
Oil & Gas Midstream
Employees
3,370
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
Why Targa Resources, Inc. (TRGP) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes? Let's find out.
May 19, 2025
By Zacks Equity Research
Tale of the Tape
3 Refining & Marketing MLPs Poised to Defy Bearish Trends
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing MLP industry, we advise focusing on companies like TRGP, SUN and GLP.
May 16, 2025
By Nilanjan Choudhury
Industry Outlook
Latest News
Quick Summary
Targa Resources, Inc. (TRGP) is being evaluated for its potential as a strong dividend stock, highlighting the challenge of identifying quality dividend investments.
Why It Matters
Targa Resources' potential as a strong dividend stock could attract income-focused investors, impacting its stock price and overall market interest.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Kevin Simpson, founder and CIO of Capital Wealth Planning, discussed his latest trades on CNBC's "Halftime Report."
Why It Matters
Simpson's trades may indicate market trends or opportunities, influencing investor sentiment and potential stock performance, impacting portfolio strategies.
Source: CNBC Television
Market Sentiment:
Neutral
Quick Summary
Zacks recommends investors focus on TRGP, SUN, and GLP in the Oil and Gas - Refining & Marketing MLP industry based on careful analysis.
Why It Matters
The recommendation to focus on TRGP, SUN, and GLP signals potential growth or stability in the refining sector, influencing investment decisions and portfolio strategies in that industry.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
TRGP reported Q1 adjusted EBITDA of $1.2 billion, an increase from $966.2 million year-over-year.
Why It Matters
TRGP's strong EBITDA growth signals improved operational efficiency and profitability, potentially boosting investor confidence and stock performance.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
Targa Resources Corp. (TRGP) held its Q1 2025 earnings call, discussing financial performance and operational updates. Further details can be accessed in the transcript.
Why It Matters
The Q1 2025 earnings call provides insights into Targa Resources' financial performance, operational updates, and future guidance, influencing investment decisions and market sentiment.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Targa Resources Corp. (NYSE: TRGP) reported its first quarter 2025 results on May 1, 2025. Further details on financial performance were not provided in the excerpt.
Why It Matters
Targa Resources' Q1 2025 results can impact stock performance, provide insights into financial health, and influence investor sentiment and future growth expectations.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About TRGP Stock
What is Targa Resources Corp.'s (TRGP) stock forecast for 2025?
Based on our analysis of 29 Wall Street analysts, Targa Resources Corp. (TRGP) has a median price target of $198.00. The highest price target is $244.00 and the lowest is $157.00.
Is TRGP stock a good investment in 2025?
According to current analyst ratings, TRGP has 20 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $159.09. 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 $198.00 in the next 12 months. This represents a 24.5% increase from the current price of $159.09. 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 midstream business model, generating revenue through the processing, storage, transportation, and marketing of natural gas and natural gas liquids (NGLs). It collects natural gas from production sites, processes it, and transports it to end users, as well as fractionating NGLs into individual components for various applications.
What is the highest forecasted price for TRGP Targa Resources Corp.?
The highest price target for TRGP is $244.00 from Robert Kad at Morgan Stanley, which represents a 53.4% increase from the current price of $159.09.
What is the lowest forecasted price for TRGP Targa Resources Corp.?
The lowest price target for TRGP is $157.00 from at , which represents a -1.3% decrease from the current price of $159.09.
What is the overall TRGP consensus from analysts for Targa Resources Corp.?
The overall analyst consensus for TRGP is bullish. Out of 29 Wall Street analysts, 20 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $198.00.
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: May 23, 2025 4:44 AM UTC