TransAlta Corporation (TAC)
NYSE: TAC · Real-Time Price · USD
13.74
+0.18 (1.33%)
At close: Jun 18, 2026, 4:00 PM EDT
13.90
+0.16 (1.16%)
After-hours: Jun 18, 2026, 7:09 PM EDT
TransAlta Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, TransAlta stock has a consensus rating of "Buy" and an average price target of $13.08. The average 1-year stock price forecast is 4.80% lower than the current stock price, while the lowest is $9.89 (-28.02%) and the highest is $16.26 (+18.34%).
Price Target: $13.08 (-4.80%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Initiates $20 | Buy | Initiates | $20 | +45.77% | Jun 11, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $18 | Buy | Maintains | $18 | +30.15% | Jun 11, 2026 |
| CIBC | CIBC | Buy Maintains $17 | Buy | Maintains | $17 | +24.94% | Jun 10, 2026 |
| TD Cowen | TD Cowen | Buy Initiates $19 | Buy | Initiates | $19 | +35.36% | Jun 10, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $17 | Buy | Maintains | $17 | +24.94% | Jun 10, 2026 |
Financial Forecast
Revenue This Year
2.17B
from 2.41B
Decreased by -9.90%
Revenue Next Year
2.29B
from 2.17B
Increased by 5.66%
EPS This Year
0.28
from 0.19
Increased by 46.32%
EPS Next Year
0.58
from 0.28
Increased by 107.91%
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.3B | ||
| Avg | 2.2B | ||
| Low | 2.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -4.9% | ||
| Avg | -9.9% | ||
| Low | -14.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.50 | ||
| Avg | 0.28 | ||
| Low | 0.03 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 163.2% | ||
| Avg | 46.3% | ||
| Low | -84.2% |