TC Energy Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, TC Energy stock has a consensus rating of "Buy" and an average price target of $93.61. The average 1-year stock price forecast is 3.33% lower than the current stock price, while the lowest is $78.00 (-19.45%) and the highest is $103.00 (+6.37%).

Price Target: $93.61 (-3.33%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$78.00	$93.61	$95.00	$103.00
Change	-19.45%	-3.33%	-1.89%	+6.37%

Analyst Ratings

The average analyst rating for TC Energy stock 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	8	6	6	7	7	7
Buy	6	6	6	6	6	6
Hold	7	8	9	9	9	9
Sell	1	2	2	2	2	2
Strong Sell	1	1	1	0	0	0
Total	23	23	24	24	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Praneeth Satish Wells Fargo	Wells Fargo	Buy Maintains $100.00	Buy	Maintains	$100.00	+3.27%	May 29, 2026
Robert Catellier CIBC	CIBC	Buy Maintains $94.00 → $103.00	Buy	Maintains	$94.00 → $103.00	+6.37%	May 26, 2026
Maurice Choy RBC Capital	RBC Capital	Buy Maintains $95.00	Buy	Maintains	$95.00	-1.89%	May 26, 2026
Theresa Chen Barclays	Barclays	Buy Maintains $92.00	Buy	Maintains	$92.00	-4.99%	May 15, 2026
Benjamin Pham BMO Capital	BMO Capital	Buy Maintains $89.00 → $94.00	Buy	Maintains	$89.00 → $94.00	-2.92%	May 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

15.97B

from 15.24B

4.81%

from 15.24B

Revenue Next Year

16.75B

from 15.97B

4.85%

from 15.97B

EPS This Year

3.64

from 3.51

3.68%

from 3.51

EPS Next Year

3.86

from 3.64

6.01%

from 3.64

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	13.39B	12.31B	13.27B	13.77B	15.24B	15.97B
Revenue Growth	2.99%	-8.05%	7.78%	3.80%	10.66%	4.81%
Gross Profit	9.28B	8.06B	9.11B	9.25B	10.52B	10.85B
Gross Margin	69.34%	65.47%	68.70%	67.18%	69.03%	67.90%
Operating Income	6.68B	5.07B	5.89B	5.79B	6.76B	8.94B
Net Income	1.96B	748.00M	2.92B	4.70B	3.52B	4.01B
EPS	-	-	-	-	3.51	3.64
EPS Growth	-	-	-	-	-17.80%	3.68%
Dividend / Share	3.48	3.60	3.72	3.70	3.40	3.51
Dividend Growth	-	3.45%	3.33%	-0.47%	-8.17%	3.15%
Free Cash Flow	-3.06B	256.25M	-4.75B	-1.28B	-1.84B	1.97B
FFO	-	-	-	-	-	7.90B
FFO / Share	-	-	-	-	-	7.72
P/FFO	-	-	-	-	-	12.54
No. Analysts	-	-	-	-	-	12

EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	16.4B
Avg	16.0B
Low	15.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	7.8%
Avg	4.8%
Low	0.2%

EPS Forecast

EPS	2026	2027	2028
High	3.86
Avg	3.64
Low	3.45

EPS Growth

EPS Growth	2026	2027	2028
High	10.0%
Avg	3.7%
Low	-1.7%