TransAlta Corporation (TAC)
NYSE: TAC · Real-Time Price · USD
12.72
-0.57 (-4.29%)
At close: Mar 6, 2026, 4:00 PM EST
12.47
-0.25 (-1.97%)
After-hours: Mar 6, 2026, 7:58 PM EST

TransAlta Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for TransAlta stock have an average target of 22.33, with a low estimate of 20 and a high estimate of 27. The average target predicts an increase of 75.55% from the current stock price of 12.72.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $20 $22.33 $20 $27
Change +57.23% +75.55% +57.23% +112.26%
* Price targets were last updated on Oct 14, 2025.

Analyst Ratings

The average analyst rating for TransAlta stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 011111
Buy 333332
Hold 000000
Sell 000000
Strong Sell 000000
Total 344443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Maintains
$20$27
Strong Buy Maintains $20$27 +112.26% Oct 14, 2025
Scotiabank
Scotiabank
Buy
Upgrades
$16$20
Buy Upgrades $16$20 +57.23% Jul 18, 2025
RBC Capital
RBC Capital
Buy
Maintains
$23$20
Buy Maintains $23$20 +57.23% May 8, 2025
CIBC
CIBC
Buy
Upgrades
$23$20
Buy Upgrades $23$20 +53.30% Feb 18, 2025
RBC Capital
RBC Capital
Buy
Maintains
$17$16
Buy Maintains $17$16 +25.79% Dec 16, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
2.23B
from 2.41B
Decreased by -7.15%
Revenue Next Year
2.28B
from 2.23B
Increased by 2.24%
EPS This Year
0.29
from -0.64
EPS Next Year
0.39
from 0.29
Increased by 33.44%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
2.72B2.98B3.36B2.85B2.41B2.23B2.28B
Revenue Growth
29.51%9.37%12.74%-15.20%-15.47%-7.15%2.24%
EPS
-2.130.012.330.59-0.640.290.39
EPS Growth
--15,708.49%-74.88%--33.44%
Forward PE
-----58.9644.18
No. Analysts -----1111
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 2.5B 2.5B
Avg 2.2B 2.3B
Low 2.0B 2.0B

Revenue Growth

Revenue Growth 202620272028
High
4.3%
12.9%
Avg
-7.2%
2.2%
Low
-18.9%
-11.7%

EPS Forecast

EPS 202620272028
High 0.63 0.65
Avg 0.29 0.39
Low -0.20 -0.18

EPS Growth

EPS Growth 202620272028
High -
122.2%
Avg -
33.4%
Low - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.