Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
272.61
-0.84 (-0.31%)
At close: Jun 26, 2026, 4:00 PM EDT
276.08
+3.47 (1.27%)
After-hours: Jun 26, 2026, 7:05 PM EDT
Targa Resources Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Targa Resources stock have an average target of 283.31, with a low estimate of 245 and a high estimate of 331. The average target predicts an increase of 3.93% from the current stock price of 272.61.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Targa Resources stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 15 | 15 | 15 | 13 | 14 |
| Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Hold | 1 | 1 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 22 | 22 | 22 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Erste Group | Erste Group | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jun 25, 2026 |
| Jefferies | Jefferies | Buy Maintains $314 | Buy | Maintains | $314 | +15.18% | Jun 23, 2026 |
| Barclays | Barclays | Buy Reiterates $262 → $270 | Buy | Reiterates | $262 → $270 | -0.96% | Jun 23, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $331 | Buy | Maintains | $331 | +21.42% | Jun 9, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $270 | Buy | Maintains | $270 | -0.96% | May 29, 2026 |
Financial Forecast
Revenue This Year
20.07B
from 17.03B
Increased by 17.85%
Revenue Next Year
22.79B
from 20.07B
Increased by 13.56%
EPS This Year
11.35
from 9.00
Increased by 26.13%
EPS Next Year
12.33
from 11.35
Increased by 8.71%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 22.7B | 26.3B | |
| Avg | 20.1B | 22.8B | |
| Low | 17.7B | 17.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 33.2% | 30.9% | |
| Avg | 17.9% | 13.6% | |
| Low | 4.1% | -12.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 12.08 | 14.67 | |
| Avg | 11.35 | 12.33 | |
| Low | 10.37 | 11.53 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 34.3% | 29.3% | |
| Avg | 26.1% | 8.7% | |
| Low | 15.3% | 1.6% |
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.