TransAlta Corporation (TAC)
NYSE: TAC · Real-Time Price · USD
9.35
-0.12 (-1.27%)
At close: Mar 31, 2025, 4:00 PM
9.47
+0.12 (1.30%)
After-hours: Mar 31, 2025, 4:30 PM EDT

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 108.56% from the current stock price of 9.35.

Analyst Consensus: Buy
Target Low Average Median High
Price $19.5 $19.5 $19.5 $19.5
Change +108.56% +108.56% +108.56% +108.56%
* 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 000000
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
CIBC
CIBC
Buy
Upgrades
$23$20
Buy Upgrades $23$20 +108.56% Feb 18, 2025
RBC Capital
RBC Capital
Buy
Maintains
$17$16
Buy Maintains $17$16 +71.12% Dec 16, 2022
RBC Capital
RBC Capital
Buy
Upgrades
$13
Buy Upgrades $13 +39.04% Feb 10, 2020
RBC Capital
RBC Capital
Hold
Upgrades
n/a
Hold Upgrades n/a n/a Nov 7, 2016
RBC Capital
RBC Capital
Sell
Downgrades
n/a
Sell Downgrades n/a n/a May 4, 2016
More Analyst Ratings

Financial Forecast

Revenue This Year
2.56B
from 2.85B
Decreased by -10.16%
Revenue Next Year
2.12B
from 2.56B
Decreased by -16.94%
EPS This Year
0.38
from 0.59
Decreased by -35.27%
EPS Next Year
0.36
from 0.38
Decreased by -6.33%
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
2.10B2.72B2.98B3.36B2.85B2.56B2.12B2.34B
Revenue Growth
-10.48%29.51%9.37%12.74%-15.20%-10.16%-16.94%10.41%
EPS
-1.22-2.130.012.330.590.380.36-
EPS Growth
---15,708.49%-74.88%-35.27%-6.33%-
Forward PE
-----35.4437.84-
No. Analysts -----1086
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
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 2025202620272028
High
-1.0%
-8.6%
27.1%
Avg
-10.2%
-16.9%
24.7%
Low
-20.0%
-27.5%
18.6%

EPS Forecast

EPS 20252026
High 0.61 0.59
Avg 0.38 0.36
Low 0.20 0.10

EPS Growth

EPS Growth 20252026
High
3.9%
55.0%
Avg
-35.3%
-6.3%
Low
-66.6%
-74.2%
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.