TransAlta Corporation (TAC)
NYSE: TAC · Real-Time Price · USD
12.71
+0.12 (0.95%)
At close: Apr 28, 2026, 4:00 PM EDT
12.36
-0.35 (-2.75%)
After-hours: Apr 28, 2026, 7:00 PM EDT
TransAlta Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TransAlta stock have an average target of 23.67, with a low estimate of 20 and a high estimate of 27. The average target predicts an increase of 86.23% from the current stock price of 12.71.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 24, 2026.
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $24 | Buy | Reiterates | $24 | +88.83% | Mar 24, 2026 |
| Jefferies | Jefferies | Strong Buy Maintains $20 → $27 | Strong Buy | Maintains | $20 → $27 | +112.43% | Oct 14, 2025 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $16 → $20 | Hold → Buy | Upgrades | $16 → $20 | +57.36% | Jul 18, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +57.36% | May 8, 2025 |
| CIBC | CIBC | Hold → Buy Upgrades $23 → $20 | Hold → Buy | Upgrades | $23 → $20 | +53.42% | Feb 18, 2025 |
Financial Forecast
Revenue This Year
2.15B
from 2.41B
Decreased by -10.77%
Revenue Next Year
2.29B
from 2.15B
Increased by 6.48%
EPS This Year
0.22
from -0.64
EPS Next Year
0.39
from 0.22
Increased by 76.24%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.4B | 2.6B | |
| Avg | 2.1B | 2.3B | |
| Low | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.0% | 21.0% | |
| Avg | -10.8% | 6.5% | |
| Low | -21.8% | -8.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.45 | 0.76 | |
| Avg | 0.22 | 0.39 | |
| Low | -0.20 | -0.19 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 240.9% | |
| Avg | - | 76.2% | |
| 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.