TransAlta Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for TransAlta stock has a target of 19.5, which predicts an increase of 116.79% from the current stock price of 9.00.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$19.5	$19.5	$19.5	$19.5
Change	+116.79%	+116.79%	+116.79%	+116.79%

* Price targets were last updated on Feb 18, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for TransAlta is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Jarvi CIBC	CIBC	Hold → Buy Upgrades $23 → $20	Hold → Buy	Upgrades	$23 → $20	+116.79%	Feb 18, 2025
Maurice Choy RBC Capital	RBC Capital	Buy Maintains $17 → $16	Buy	Maintains	$17 → $16	+77.88%	Dec 16, 2022
Maurice Choy RBC Capital	RBC Capital	Hold → Buy Upgrades $13	Hold → Buy	Upgrades	$13	+44.52%	Feb 10, 2020
Maurice Choy RBC Capital	RBC Capital	Sell → Hold Upgrades n/a	Sell → Hold	Upgrades	n/a	n/a	Nov 7, 2016
Maurice Choy RBC Capital	RBC Capital	Hold → Sell Downgrades n/a	Hold → Sell	Downgrades	n/a	n/a	May 4, 2016

More Analyst Ratings

Financial Forecast

Revenue This Year

2.56B

from 2.85B

-10.16%

from 2.85B

Revenue Next Year

2.12B

from 2.56B

-16.94%

from 2.56B

EPS This Year

0.44

from 0.59

-25.64%

from 0.59

EPS Next Year

0.30

from 0.44

-31.40%

from 0.44

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.10B	2.72B	2.98B	3.36B	2.85B	2.56B	2.12B	2.34B
Revenue Growth	-10.48%	29.51%	9.37%	12.74%	-15.20%	-10.16%	-16.94%	10.41%
EPS	-1.22	-2.13	0.01	2.33	0.59	0.44	0.30	0.35
EPS Growth	-	-	-	15,708.49%	-74.88%	-25.64%	-31.40%	18.27%
Forward PE	-	-	-	-	-	28.66	41.78	35.32
No. Analysts	-	-	-	-	-	11	11	6

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	2.8B	2.3B	2.7B
Avg	2.6B	2.1B	2.6B
Low	2.3B	1.9B	2.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-1.0%	-8.6%	27.1%
Avg	-10.2%	-16.9%	24.7%
Low	-20.0%	-27.5%	18.6%

EPS Forecast

EPS	2025	2026	2027
High	0.70	0.72	0.51
Avg	0.44	0.30	0.35
Low	0.16	-0.03	0.19

EPS Growth

EPS Growth	2025	2026	2027
High	18.6%	66.2%	72.1%
Avg	-25.6%	-31.4%	18.3%
Low	-73.2%	-	-37.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.