TRPTRPEnergy · Oil & Gas Midstream

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

Last close, 14 Aug 2026
$64
+1.39% on the day

The 24 Wall Street analysts covering TC Energy Corp. hold a median 12-month price target of $70 — +8.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 49 of 100 as at 13 Aug 2026 — in the lower half.

Market cap
$65.8B
Ticker Nerd rank
49 / 100
Median analyst target
$70
Analysts covering
24
Total return, dividends reinvested
1W
+1.2%
1M
−6.6%
YTD
+18.6%
1Y
+27.4%
From 52W high
−9.3%
From 52W low
+31.0%
$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 13 Aug 2026
49 / 100

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

Volatility
92
Momentum
86
Accruals
70
Revisions
59
Issuance
45
Value
45
Growth
39
Quality
38
Size
4

Volatility (92): The share price has been relatively steady.

Quality (38): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

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 $73Median $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.

What Wall Street says24 analysts
12 Buy11 Hold1 Sell
Low $58Median $70High $73

The green dot is the last close — the median target sits +8.6% 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.

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
+2.2%
Analysts raising
10
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
25.3×

Cheaper than 32% of US stocks

Price / sales
4.3×

Cheaper than 30% of US stocks

Price / book
1.8×

Cheaper than 51% of US stocks

EV / EBITDA
13.8×

Cheaper than 27% 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
3.9%

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.

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.$65.8B
49
OKEONEOK, Inc.$58.3B
57
TRGPTarga Resources Corp.$57.4B
50
KMIKinder Morgan, Inc.$71.4B
80
LNGCheniere Energy, Inc.$55.0B
78
WMBThe Williams Cos., Inc.$89.3B
41
VGVenture Global, Inc.$33.3B
42

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

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.

TC Energy Q2 Earnings and Revenues Beat Estimates, Rise Y/Y

Zacks Investment Research · 6 Aug 2026positive

TC Energy reported second-quarter earnings and revenues that beat estimates and rose year-over-year. The company expects comparable EBITDA at the upper end of its C$11.6-C$11.8 billion guidance, with net capital expenditures of C$5.5-C$6 billion.

Why it matters — The earnings beat and upper-end EBITDA guidance signal stronger-than-expected operational performance for TC Energy's current fiscal year.

TC Energy: I'm Upgrading This Dividend Aristocrat To 'Buy'

Seeking Alpha · 4 Aug 2026positive

TC Energy was upgraded from 'Hold' to 'Buy' by a Seeking Alpha author, citing robust Q2 results and a clear growth outlook. The company reported 12% year-over-year comparable EBITDA growth driven by high utilization across its U.S., Mexico, and power segments, while maintaining a BBB+ credit rating, 4.75x debt/EBITDA, and a 3.8% yield that supports continued dividend growth.

Why it matters — TRP watchers would care because the piece points to strong segment utilization, a steady investment-grade balance sheet, and a dividend yield that underpins the stock's case for continued payout growth.

TC Energy Q2 Earnings Call Highlights

MarketBeat · 1 Aug 2026positive

TC Energy reported 12% year-over-year growth in second-quarter comparable EBITDA, supported by higher pipeline utilization, contributions from newly placed projects, and strong performance at Bruce Power. The company said it expects to reach the upper end of its 2026 comparable EBITDA guidance range.

Why it matters — The results and raised expectation signal improving earnings momentum for TC Energy, which is relevant for TRP watchers tracking the company's financial outlook.

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 $73. 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., 12 rate it a Buy, 11 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks TC Energy Corp. 49 out of 100 across roughly 4,600 US stocks as at 13 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TRP?

As at 13 Aug 2026, TC Energy Corp. ranks 49 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 Volatility (92 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 +8.6% from the last close, and Ticker Nerd's factor model ranks TC Energy Corp. 49 out of 100 as at 13 Aug 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 $73 over the next 12 months.

How has TRP stock performed over the past year?

TC Energy Corp. returned +27.4% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does TC Energy Corp. do?

TC Energy Corporation is a leading North American energy infrastructure company that primarily focuses on the development, ownership, and operation of major pipelines and power generation assets. The company’s core operations encompass three principal segments: natural gas pipelines, liquids pipelines, and energy production.

What is the latest news on TRP?

The most recent item we track (ETF Trends, 7 Aug 2026): "Midstream Companies Expand Natural Gas Pipelines as LNG & AI Demand Grows". 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.

Company

About TC Energy Corp.

TC Energy Corporation is a leading North American energy infrastructure company that primarily focuses on the development, ownership, and operation of major pipelines and power generation assets. The company’s core operations encompass three principal segments: natural gas pipelines, liquids pipelines, and energy production. With a vast natural gas pipeline network that stretches over 92,000 kilometers, TC Energy is responsible for transporting a significant portion of the continent’s natural gas, meeting more than a quarter of North American demand. Its portfolio extends to crude oil pipelines, which play a crucial role in moving Western Canadian resources to key markets, and an energy division that includes power generation assets fueled by natural gas, nuclear, and renewables such as wind and solar. Active in Canada, the United States, and Mexico, TC Energy is known for its long-term, contracted business model, delivering stable cash flows and supporting the infrastructure backbone for critical energy supply. The company holds strategic partnerships, such as those with Mexico’s Comisión Federal de Electricidad to expand the country’s natural gas infrastructure. TC Energy’s ongoing investments in clean energy and grid-scale storage solutions position it at the intersection of reliable conventional energy and the evolving needs of a low-carbon economy.

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