TRPTRPEnergy · Oil & Gas Midstream

TRP Stock Forecast: TC Energy Corp. Price Predictions for 2026-2027

Last close, 3 Sept 2026
$63
+0.62% on the day

The 24 Wall Street analysts covering TC Energy Corp. hold a median 12-month price target of $70 — +11.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 50 of 100 as at 2 Sept 2026 — in the upper half.

Market cap
$65.1B
Ticker Nerd rank
50 / 100
Median analyst target
$70
Analysts covering
24
Revenue$4.0B+5.7% y/y
Operating income$1.8B
Net income$1.1B
Free cash flow$1.3B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.3%
1M
−4.5%
YTD
+16.5%
1Y
+23.1%
From 52W high
−10.9%
From 52W low
+28.7%
$49
$71
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

TRP stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores TC Energy Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 2 Sept 2026
50 / 100

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
Volatility
85
Accruals
70
Revisions
63
Value
49
Issuance
45
Quality
39
Growth
37
Size
4

Momentum (86): The shares have been drifting up relative to others.

Growth (37): Sales and profits are flat, shrinking, or growing more slowly than they were.

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

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

The bullish and bearish analyst opinions on TRP, 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
$50$55$60$65$70$75Oct 25Jan 26Apr 26Jul 26TRPHigh $74Median $70Low $58

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 says24 analysts
15 Buy9 Hold0 Sell
Low $58Median $70High $74

The green dot is the last close — the median target sits +11.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
31 July 2026RBC CapitalMaintainsOutperform$104$106
4 May 2026RBC CapitalMaintainsOutperform$92$95
4 May 2026RBC CapitalMaintainsOutperform
20 Apr 2026Goldman SachsUpgradeNeutral
18 Feb 2026Goldman SachsMaintainsSell
17 Feb 2026CIBCDowngradeNeutral
17 Feb 2026RBC CapitalMaintainsOutperform
7 Nov 2025RBC CapitalMaintainsOutperform
18 Feb 2025RBC CapitalMaintainsOutperform
20 Nov 2024BMO CapitalMaintainsMarket Perform
21 Oct 2024Goldman SachsMaintainsSell$38$42
29 Jan 2024BarclaysMaintainsEqual-Weight$53$55
26 Jan 2024Goldman SachsMaintainsSell$29$32
4 Dec 2023BarclaysMaintainsEqual-Weight$50$51
18 Oct 2023BarclaysMaintainsEqual-Weight$51$50
17 Oct 2023Wolfe ResearchUpgradePeer Perform
6 Oct 2023Goldman SachsReinstatesSell$28
8 Sept 2023Wells FargoUpgradeEqual-Weight$47
31 July 2023RBC CapitalMaintainsOutperform$65$54
31 July 2023ScotiabankMaintainsOutperform$64$55

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. TRP appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

TRP 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, TC Energy Corp. returned +23.1% against +21.4% for the S&P 500, dividends included.

TRP vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Oct 25Jan 26Apr 26Jul 26TRPS&P 500

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

Data provided by Twelve Data

Estimates

TRP 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
+2.7%
Analysts raising
13
Analysts cutting
2
Fundamentals

TC Energy Corp. (TRP) 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
24.7×

Cheaper than 31% of US stocks

Price / sales
4.1×

Cheaper than 30% of US stocks

Price / book
1.7×

Cheaper than 51% of US stocks

EV / EBITDA
13.7×

Cheaper than 26% of US stocks

Growth & margins
Revenue growth (YoY)
5.7%

Higher than 41% of US stocks

Earnings growth (YoY)
18.0%

Higher than 57% of US stocks

Gross margin
50.0%

Higher than 62% of US stocks

Operating margin
44.3%

Higher than 94% of US stocks

Net margin
22.9%

Higher than 84% of US stocks

Returns & dividend
Return on equity
11.8%

Higher than 68% of US stocks

Return on assets
3.7%

Higher than 69% of US stocks

Dividend yield
4.0%

Higher than 76% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

TC Energy Corp. (TRP) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • TC Energy Corp. has a market value of $65.1B and an enterprise value of $98.4B.

  • Revenue in the twelve months to 30 June 2026: $15.7B. The latest quarter grew 5.7% year on year.

  • Net income over the same four quarters: $4.2B, a 27.0% net margin.

  • Diluted earnings per share, trailing twelve months: $3.33.

  • Free cash flow in the twelve months to 30 June 2026: $4.1B, after $4.6B of capital spending.

  • TC Energy Corp. spent $3.7B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 1.0B.

  • Trailing P/E: 24.7×; forward P/E: 22.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.95%, paying out 98% of earnings.

  • TC Energy Corp. employs 6,574 people $2.4M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 3 Sept 2026

Data provided by Twelve Data

Peers

TRP 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
TRPTC Energy Corp.$65.1B
50
TRGPTarga Resources Corp.$63.1B
46
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 TC Energy Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest TRP news & analysis

TC Energy: Powering AI With Natural Gas And Power

Seeking Alpha · 28 Aug 2026positive

TC Energy Corporation's Bruce Power operates two nuclear stations (A and B) delivering 6.6 GW of capacity under fixed-price MWh contracts, supporting stable cash flows. Plans for Bruce Power C could add up to 4.8 GW, with a final investment decision highlighted as a key milestone, while Major Component Replacement projects leverage advanced robotics to improve operational efficiency and asset reliability.

Why it matters — TC Energy watchers would care because the company's nuclear operations provide a stable, contracted cash-flow base and offer a potential path for significant future capacity growth through Bruce Power C.

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

Seeking Alpha · 28 Aug 2026neutral

A Seeking Alpha article discusses two high-yielding monthly dividend stocks offering 10-14% yields as potential vehicles for early retirement, outlining their pros, cons, risks, and reward profiles.

Why it matters — The article centres on high-yield monthly dividend payers, an area where TRP watchers may find relevant context for income-focused investing.

5-15% Yields: The Ultimate 6 Monthly Dividend Mix For Early Retirement

Seeking Alpha · 19 Aug 2026neutral

Seeking Alpha presents a mix of six high-quality monthly dividend stocks yielding between 5-15% for individual investors, particularly retirees seeking monthly income. The article focuses on the strength and income appeal of these monthly dividend payers.

Why it matters — TC Energy watchers would care because the article discusses the broader appeal of high-yielding dividend stocks, a category in which a company like TC Energy is often considered by income-focused investors.

Midstream Companies Expand Natural Gas Pipelines as LNG & AI Demand Grows

ETF Trends · 7 Aug 2026positive

Several midstream energy companies are expanding their natural gas pipelines through new acquisitions and project developments to capture growing demand driven by LNG exports and data centers. Williams Companies announced a $5.5 billion acquisition of Momentum Midstream as part of this trend.

Why it matters — TC Energy, as a midstream natural gas pipeline operator, operates in the same sector where companies are expanding capacity to meet rising LNG and data center demand.

Is TC Energy Stock Worth Buying as Growth Meets a Premium Valuation?

Zacks Investment Research · 6 Aug 2026neutral

Zacks Investment Research examines TC Energy (TRP), noting that stronger cash flows, rising gas demand, and growing pipeline support support growth, while elevated leverage and a richer valuation may warrant patience.

Why it matters — TRP watchers would care because the analysis weighs the company's growth drivers against its leverage and premium valuation, informing how they view the stock's current positioning.

FAQ

Frequently asked questions about TRP stock

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

The 24 Wall Street analysts covering TC Energy Corp. have a median 12-month price target of $70, with estimates ranging from $58 to $74. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TRP stock a buy right now?

Of the 24 analysts covering TC Energy Corp., 15 rate it a Buy, 9 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks TC Energy Corp. 50 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 TRP?

As at 2 Sept 2026, TC Energy 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 Momentum (86 of 100).

Will TRP stock go up?

No one can know that. What the data says: the median 12-month target from 24 analysts implies +11.2% from the last close, and Ticker Nerd's factor model ranks TC Energy Corp. 50 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 TRP stock forecast for 2030?

No analyst covering TC Energy Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TRP are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $58 to $74 over the next 12 months.

How has TRP stock performed over the past year?

TC Energy Corp. returned +23.1% over the 12 months to 3 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does TC Energy Corp. do?

TC Energy Corporation is a North American energy infrastructure company that develops, owns, and operates systems used to transport, store, and support the delivery of energy. TC Energy Corporation’s core operations include Canadian Natural Gas Pipelines, U.S.

What is the latest news on TRP?

The most recent item we track (Seeking Alpha, 28 Aug 2026): "TC Energy: Powering AI With Natural Gas And Power". TC Energy Corporation's Bruce Power operates two nuclear stations (A and B) delivering 6.6 GW of capacity under fixed-price MWh contracts, supporting stable cash flows. Plans for Bruce Power C could add up to 4.8 GW, with a final investment decision highlighted as a key milestone, while Major Component Replacement projects leverage advanced robotics to improve operational efficiency and asset reliability.

Company

About TC Energy Corp.

TC Energy Corporation is a North American energy infrastructure company that develops, owns, and operates systems used to transport, store, and support the delivery of energy. TC Energy Corporation’s core operations include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, and Power and Energy Solutions. Its pipeline network connects supply basins with local distribution companies, power generation facilities, industrial customers, interconnecting pipelines, and LNG export terminals. The company also operates power generation assets and natural gas storage facilities, making it a key participant in the movement and balancing of energy across Canada, the United States, and Mexico. TC Energy Corporation serves a broad range of customers across utility, industrial, and energy markets.

CEO Mr. Francois Lionel Poirier · 6,574 employees · Canada · https://www.tcenergy.com