TransAlta Corporation (TAC)
NYSE: TAC · Real-Time Price · USD
12.52
+0.23 (1.87%)
Jul 23, 2025, 10:09 AM - Market open
TransAlta Stock Forecast
Stock Price Forecast
The 3 analysts that cover TransAlta stock have a consensus rating of "Buy" and an average price target of $19.83, which forecasts a 58.39% increase in the stock price over the next year. The lowest target is $19.5 and the highest is $20.
Price Target: $19.83 (+58.39%)
Analyst Consensus: Buy
Analyst 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 '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 2 | 2 | 3 |
| 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 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold → Buy Upgrades $16 → $20 | Hold → Buy | Upgrades | $16 → $20 | +59.74% | Jul 18, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +59.74% | May 8, 2025 |
| CIBC | CIBC | Hold → Buy Upgrades $23 → $20 | Hold → Buy | Upgrades | $23 → $20 | +55.75% | Feb 18, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $17 → $16 | Buy | Maintains | $17 → $16 | +27.80% | Dec 16, 2022 |
| RBC Capital | RBC Capital | Hold → Buy Upgrades $13 | Hold → Buy | Upgrades | $13 | +3.83% | Feb 10, 2020 |
Financial Forecast
Revenue This Year
2.76B
from 2.85B
Decreased by -2.88%
Revenue Next Year
2.21B
from 2.76B
Decreased by -19.87%
EPS This Year
0.44
from 0.59
Decreased by -25.64%
EPS Next Year
0.30
from 0.44
Decreased by -31.40%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 3.1B | 2.5B | 2.7B | |
| Avg | 2.8B | 2.2B | 2.6B | |
| Low | 2.3B | 1.8B | 2.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 10.0% | -10.8% | 21.9% | |
| Avg | -2.9% | -19.9% | 19.6% | |
| Low | -20.0% | -34.6% | 13.7% |
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.