TransAlta Corporation (TAC)
NYSE: TAC · Real-Time Price · USD
17.18
-0.05 (-0.29%)
Oct 24, 2025, 10:29 AM EDT - Market open
TransAlta Stock Forecast
Stock Price Forecast
The 4 analysts that cover TransAlta stock have a consensus rating of "Strong Buy" and an average price target of $21.63, which forecasts a 25.90% increase in the stock price over the next year. The lowest target is $19.5 and the highest is $27.
Price Target: $21.63 (+25.90%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TransAlta stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $20 → $27 | Strong Buy | Maintains | $20 → $27 | +57.16% | Oct 14, 2025 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $16 → $20 | Hold → Buy | Upgrades | $16 → $20 | +16.41% | Jul 18, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +16.41% | May 8, 2025 |
| CIBC | CIBC | Hold → Buy Upgrades $23 → $20 | Hold → Buy | Upgrades | $23 → $20 | +13.50% | Feb 18, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $17 → $16 | Buy | Maintains | $17 → $16 | -6.87% | Dec 16, 2022 |
Financial Forecast
Revenue This Year
2.72B
from 2.85B
Decreased by -4.43%
Revenue Next Year
2.20B
from 2.72B
Decreased by -19.09%
EPS This Year
0.17
from 0.59
Decreased by -71.79%
EPS Next Year
0.32
from 0.17
Increased by 92.52%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.9B | 2.5B | |
| Avg | 2.7B | 2.2B | |
| Low | 2.5B | 1.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.2% | -9.9% | |
| Avg | -4.4% | -19.1% | |
| Low | -13.3% | -30.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.73 | 0.60 | |
| Avg | 0.17 | 0.32 | |
| Low | -0.14 | 0.10 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 24.0% | 262.0% | |
| Avg | -71.8% | 92.5% | |
| Low | - | -40.7% |
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.