Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
248.37
+7.08 (2.93%)
At close: Apr 28, 2026, 4:00 PM EDT
247.43
-0.94 (-0.38%)
After-hours: Apr 28, 2026, 7:47 PM EDT
Targa Resources Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Targa Resources stock have an average target of 257.29, with a low estimate of 196 and a high estimate of 327. The average target predicts an increase of 3.59% from the current stock price of 248.37.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Targa Resources stock from 14 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 | 5 | 4 | 4 | 5 | 6 | 6 |
| Buy | 10 | 10 | 10 | 8 | 8 | 8 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 14 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $242 → $268 | Strong Buy | Maintains | $242 → $268 | +7.90% | Apr 20, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $246 → $249 | Buy | Maintains | $246 → $249 | +0.25% | Apr 13, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $260 → $270 | Buy | Maintains | $260 → $270 | +8.71% | Apr 13, 2026 |
| Truist Securities | Truist Securities | Strong Buy Maintains $279 → $285 | Strong Buy | Maintains | $279 → $285 | +14.75% | Apr 13, 2026 |
| Barclays | Barclays | Buy Maintains $226 → $255 | Buy | Maintains | $226 → $255 | +2.67% | Apr 7, 2026 |
Financial Forecast
Revenue This Year
22.19B
from 17.03B
Increased by 30.33%
Revenue Next Year
23.65B
from 22.19B
Increased by 6.55%
EPS This Year
10.24
from 8.49
Increased by 20.62%
EPS Next Year
11.58
from 10.24
Increased by 13.06%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 31.2B | 27.4B | |
| Avg | 22.2B | 23.6B | |
| Low | 15.7B | 17.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 83.5% | 23.5% | |
| Avg | 30.3% | 6.6% | |
| Low | -7.5% | -19.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.35 | 13.31 | |
| Avg | 10.24 | 11.58 | |
| Low | 8.59 | 9.56 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 33.7% | 30.0% | |
| Avg | 20.6% | 13.1% | |
| Low | 1.2% | -6.7% |
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.