Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
231.87
+0.52 (0.22%)
Feb 23, 2026, 4:00 PM EST - Market closed
Targa Resources Stock Forecast
Stock Price Forecast
The 13 analysts that cover Targa Resources stock have a consensus rating of "Strong Buy" and an average price target of $217.69, which forecasts a -6.12% decrease in the stock price over the next year. The lowest target is $188 and the highest is $261.
Price Target: $217.69 (-6.12%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Targa Resources 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 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 5 | 4 | 4 | 5 |
| Buy | 10 | 10 | 10 | 10 | 10 | 8 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 15 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $207 → $248 | Buy | Maintains | $207 → $248 | +6.96% | Feb 20, 2026 |
| Stifel | Stifel | Strong Buy Maintains $213 → $243 | Strong Buy | Maintains | $213 → $243 | +4.80% | Feb 20, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $205 → $207 | Buy | Maintains | $205 → $207 | -10.73% | Dec 18, 2025 |
| Scotiabank | Scotiabank | Buy Maintains $198 → $199 | Buy | Maintains | $198 → $199 | -14.18% | Dec 17, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $213 → $218 | Buy | Maintains | $213 → $218 | -5.98% | Dec 3, 2025 |
Financial Forecast
Revenue This Year
24.03B
from 17.03B
Increased by 41.12%
Revenue Next Year
25.19B
from 24.03B
Increased by 4.81%
EPS This Year
10.08
from 8.62
Increased by 16.96%
EPS Next Year
11.70
from 10.08
Increased by 16.01%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 31.2B | 32.5B | |||
| Avg | 24.0B | 25.2B | |||
| Low | 19.4B | 21.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 83.5% | 35.2% | |||
| Avg | 41.1% | 4.8% | |||
| Low | 14.2% | -12.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.70 | 14.02 | |
| Avg | 10.08 | 11.70 | |
| Low | 8.57 | 10.14 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 35.7% | 39.0% | |
| Avg | 17.0% | 16.0% | |
| Low | -0.7% | 0.6% |
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.