TransAlta Corporation (TSX:TA)
Canada · Delayed Price · Currency is CAD 17.59
+0.24 (1.38%)
Oct 2, 2026, 4:00 PM EST
TransAlta Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, TransAlta stock has a consensus rating of "Buy" and an average price target of $23.68. The average 1-year stock price forecast is 34.62% higher than the current stock price, while the lowest is $14.00 (-20.41%) and the highest is $28.00 (+59.18%).
Price Target: $23.68 (+34.62%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for TransAlta stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Buy Maintains $26.00 → $24.50 | Buy | Maintains | $26.00 → $24.50 | +39.28% | Sep 22, 2026 |
| TD Cowen | TD Cowen | Buy Reiterates $26.00 | Buy | Reiterates | $26.00 | +47.81% | Aug 4, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $25.00 → $24.00 | Buy | Maintains | $25.00 → $24.00 | +36.44% | Aug 3, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $24.00 | Buy | Maintains | $24.00 | +36.44% | Aug 3, 2026 |
| Jefferies | Jefferies | Buy Maintains $24.00 | Buy | Maintains | $24.00 | +36.44% | Jul 16, 2026 |
Financial Forecast
Revenue This Year
2.11B
from 2.41B
Decreased by -12.22%
Revenue Next Year
2.32B
from 2.11B
Increased by 10.03%
EPS This Year
0.34
from 0.19
Increased by 76.32%
EPS Next Year
0.59
from 0.34
Increased by 76.62%
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.