Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
175.72
+3.92 (2.28%)
At close: Dec 3, 2025, 4:00 PM EST
174.58
-1.14 (-0.65%)
After-hours: Dec 3, 2025, 5:41 PM EST
Targa Resources Stock Forecast
Stock Price Forecast
The 14 analysts that cover Targa Resources stock have a consensus rating of "Strong Buy" and an average price target of $211.79, which forecasts a 20.53% increase in the stock price over the next year. The lowest target is $188 and the highest is $261.
Price Target: $211.79 (+20.53%)
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 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 5 | 4 |
| Buy | 10 | 9 | 10 | 10 | 10 | 10 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 17 | 17 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $213 → $218 | Buy | Maintains | $213 → $218 | +24.06% | Dec 3, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $208 → $213 | Buy | Maintains | $208 → $213 | +21.22% | Nov 18, 2025 |
| Scotiabank | Scotiabank | Buy Maintains $199 → $198 | Buy | Maintains | $199 → $198 | +12.68% | Nov 13, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $189 → $188 | Strong Buy | Maintains | $189 → $188 | +6.99% | Nov 13, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $240 → $261 | Buy | Maintains | $240 → $261 | +48.53% | Nov 12, 2025 |
Financial Forecast
Revenue This Year
18.47B
from 16.38B
Increased by 12.72%
Revenue Next Year
24.27B
from 18.47B
Increased by 31.42%
EPS This Year
8.57
from 5.74
Increased by 49.31%
EPS Next Year
9.93
from 8.57
Increased by 15.83%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 20.0B | 31.2B | ||||
| Avg | 18.5B | 24.3B | ||||
| Low | 17.2B | 19.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 22.4% | 69.2% | ||||
| Avg | 12.7% | 31.4% | ||||
| Low | 5.2% | 4.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 10.08 | 12.18 | ||
| Avg | 8.57 | 9.93 | ||
| Low | 6.02 | 8.13 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 75.6% | 42.1% | ||
| Avg | 49.3% | 15.8% | ||
| Low | 4.8% | -5.1% |
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.