Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
302.37
+12.83 (4.43%)
At close: Oct 23, 2026, 4:00 PM EDT
305.07
+2.70 (0.89%)
After-hours: Oct 23, 2026, 7:55 PM EDT
Targa Resources Stock Forecast
Stock Price Forecast
According to 22 analysts polled by S&P Global, Targa Resources stock has a consensus rating of "Strong Buy" and an average price target of $329.81. The average 1-year stock price forecast is 9.07% higher than the current stock price, while the lowest is $294 (-2.77%) and the highest is $359 (+18.73%).
Price Target: $329.81 (+9.07%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 14 | 14 | 14 | 15 | 15 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 3 | 3 | 3 | 3 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 23 | 23 | 23 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Reiterates $303 → $328 | Buy | Reiterates | $303 → $328 | +8.48% | Oct 21, 2026 |
| Raymond James | Raymond James | Buy Maintains $335 → $340 | Buy | Maintains | $335 → $340 | +12.45% | Oct 20, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $350 → $345 | Buy | Maintains | $350 → $345 | +14.10% | Oct 16, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $314 → $319 | Buy | Maintains | $314 → $319 | +5.50% | Oct 15, 2026 |
| Jefferies | Jefferies | Buy Maintains $345 → $326 | Buy | Maintains | $345 → $326 | +7.81% | Oct 15, 2026 |
Financial Forecast
Revenue This Year
19.05B
from 17.03B
Increased by 11.87%
Revenue Next Year
24.00B
from 19.05B
Increased by 26.00%
EPS This Year
11.51
from 9.00
Increased by 28.00%
EPS Next Year
12.12
from 11.51
Increased by 5.23%
EPS and Forward PE are based on non-GAAP adjusted numbers.