TC Energy Corporation (TSX:TRP)
Canada flag Canada · Delayed Price · Currency is CAD
99.59
+1.13 (1.15%)
Jul 24, 2026, 4:00 PM EST

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 $96.43. The average 1-year stock price forecast is 3.17% lower than the current stock price, while the lowest is $78.00 (-21.68%) and the highest is $109.00 (+9.45%).

Price Target: $96.43 (-3.17%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$78.00$96.43$97.00$109.00
Change-21.68%-3.17%-2.60%+9.45%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy667777
Buy666655
Hold89991010
Sell222222
Strong Sell110000
Total232424242424

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Hold
Reiterates
$92.00$98.00
HoldReiterates$92.00$98.00-1.60%Jul 22, 2026
Jefferies
Jefferies
Hold
Maintains
$90.00$100.00
HoldMaintains$90.00$100.00+0.41%Jul 22, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$106.00
BuyMaintains$106.00+6.44%Jul 22, 2026
Scotiabank
Scotiabank
Buy
Maintains
$97.00$105.00
BuyMaintains$97.00$105.00+5.43%Jul 21, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$103.00$106.00
HoldMaintains$103.00$106.00+6.44%Jul 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
16.04B
from 15.24B
Increased by 5.26%
Revenue Next Year
16.81B
from 16.04B
Increased by 4.79%
EPS This Year
3.66
from 3.51
Increased by 4.32%
EPS Next Year
3.86
from 3.66
Increased by 5.48%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
13.39B12.31B13.27B13.77B15.24B16.04B
Revenue Growth
2.99%-8.05%7.78%3.80%10.66%5.26%
Gross Profit
9.28B8.06B9.11B9.25B10.52B10.89B
Gross Margin
69.34%65.47%68.70%67.18%69.03%67.90%
Operating Income
6.68B5.07B5.89B5.79B6.76B8.87B
Net Income
1.96B748.00M2.92B4.70B3.52B4.28B
EPS
----3.513.66
EPS Growth
-----17.80%4.32%
Dividend / Share
3.483.603.723.703.403.51
Dividend Growth
-3.45%3.33%-0.47%-8.17%3.15%
Free Cash Flow
-3.06B256.25M-4.75B-1.28B-1.84B1.97B
FFO
-----7.15B
FFO / Share
-----8.27
P/FFO
-----12.04
No. Analysts
-----9
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High16.4B
Avg16.0B
Low15.3B

Revenue Growth

Revenue Growth202620272028
High
7.8%
Avg
5.3%
Low
0.3%

EPS Forecast

EPS202620272028
High3.85
Avg3.66
Low3.50

EPS Growth

EPS Growth202620272028
High
9.7%
Avg
4.3%
Low
-0.3%