TransAlta Corporation (TSX:TA)
Canada · Delayed Price · Currency is CAD 17.56
-0.48 (-2.66%)
Jul 31, 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 $23.91. The average 1-year stock price forecast is 36.16% higher than the current stock price, while the lowest is $14.00 (-20.27%) and the highest is $28.00 (+59.45%).
Price Target: $23.91 (+36.16%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 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 |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $24.00 | Buy | Maintains | $24.00 | +36.67% | Jul 24, 2026 |
| CIBC | CIBC | Buy Maintains $24.00 → $26.00 | Buy | Maintains | $24.00 → $26.00 | +48.06% | Jul 17, 2026 |
| Jefferies | Jefferies | Buy Maintains $24.00 | Buy | Maintains | $24.00 | +36.67% | Jul 16, 2026 |
| Desjardins | Desjardins | Hold Maintains $18.50 → $19.00 | Hold | Maintains | $18.50 → $19.00 | +8.20% | Jul 4, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Initiates $28.00 | Buy | Initiates | $28.00 | +59.45% | Jun 11, 2026 |
Financial Forecast
Revenue This Year
1.92B
from 2.41B
Decreased by -20.25%
Revenue Next Year
2.27B
from 1.92B
Increased by 18.30%
EPS This Year
0.22
from 0.19
Increased by 17.54%
EPS Next Year
0.51
from 0.22
Increased by 128.36%
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.