TC Energy Corporation (TSX:TRP)
Canada flag Canada · Delayed Price · Currency is CAD
83.17
-1.09 (-1.29%)
Sep 25, 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 $99.57. The average 1-year stock price forecast is 19.72% higher than the current stock price, while the lowest is $78.00 (-6.22%) and the highest is $109.00 (+31.06%).

Price Target: $99.57 (+19.72%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$78.00$99.57$102.00$109.00
Change-6.22%+19.72%+22.64%+31.06%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy777789
Buy665456
Hold10101111108
Sell111100
Strong Sell000000
Total242424232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Scotiabank
Scotiabank
Buy
Maintains
$105.00
BuyMaintains$105.00+26.25%Sep 22, 2026
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Hold
Reiterates
$100.00
HoldReiterates$100.00+20.24%Sep 22, 2026
Raymond James
Raymond James
Hold
Maintains
$91.00 → $92.00
HoldMaintains$91.00 → $92.00+10.62%Sep 16, 2026
BMO Capital
BMO Capital
Buy
Maintains
$99.00
BuyMaintains$99.00+19.03%Sep 16, 2026
TD Cowen
TD Cowen
Buy
Upgrades
$100.00 → $102.00
BuyUpgrades$100.00 → $102.00+22.64%Sep 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
16.02B
from 15.24B
Increased by 5.14%
Revenue Next Year
16.85B
from 16.02B
Increased by 5.16%
EPS This Year
3.74
from 3.51
Increased by 6.48%
EPS Next Year
3.92
from 3.74
Increased by 4.81%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
13.39B12.31B13.27B13.77B15.24B16.02B
Revenue Growth
2.99%-8.05%7.78%3.80%10.66%5.14%
Gross Profit
9.28B8.06B9.11B9.25B10.52B10.91B
Gross Margin
69.34%65.47%68.70%67.18%69.03%68.10%
Operating Income
6.68B5.07B5.89B5.79B6.76B8.81B
Net Income
1.96B748.00M2.92B4.70B3.52B3.76B
EPS
----3.513.74
EPS Growth
-----17.80%6.48%
Dividend / Share
3.483.603.723.703.403.51
Dividend Growth
7.41%3.45%3.33%-0.47%-8.17%3.12%
Free Cash Flow
----1.01B2.01B
FFO
-----7.92B
FFO / Share
-----7.65
P/FFO
-----10.88
No. Analysts
-----12
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High16.6B
Avg16.0B
Low15.7B

Revenue Growth

Revenue Growth202620272028
High
9.1%
Avg
5.1%
Low
3.0%

EPS Forecast

EPS202620272028
High3.89
Avg3.74
Low3.64

EPS Growth

EPS Growth202620272028
High
10.7%
Avg
6.5%
Low
3.7%