TC Energy Corporation (TRP)
NYSE: TRP · Real-Time Price · USD
49.03
-2.03 (-3.98%)
May 8, 2025, 4:00 PM EDT - Market closed
TC Energy Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TC Energy stock have an average target of 62, with a low estimate of 42 and a high estimate of 74. The average target predicts an increase of 26.45% from the current stock price of 49.03.
Analyst Consensus: Hold
* Price targets were last updated on Feb 18, 2025.
Analyst Ratings
The average analyst rating for TC Energy stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $71 → $74 | Buy | Maintains | $71 → $74 | +50.93% | Feb 18, 2025 |
| BMO Capital | BMO Capital | Hold Maintains $66 → $70 | Hold | Maintains | $66 → $70 | +42.77% | Nov 20, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $38 → $42 | Strong Sell | Maintains | $38 → $42 | -14.34% | Oct 21, 2024 |
| Barclays | Barclays | Hold Maintains $53 → $55 | Hold | Maintains | $53 → $55 | +12.18% | Jan 29, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $29 → $32 | Strong Sell | Maintains | $29 → $32 | -34.73% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
15.14B
from 13.77B
Increased by 9.94%
Revenue Next Year
16.00B
from 15.14B
Increased by 5.69%
EPS This Year
3.81
from 4.43
Decreased by -13.97%
EPS Next Year
4.08
from 3.81
Increased by 7.15%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 16.2B | 17.5B | 17.7B | |
| Avg | 15.1B | 16.0B | 16.4B | |
| Low | 14.2B | 14.8B | 15.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 17.6% | 15.4% | 10.4% | |
| Avg | 9.9% | 5.7% | 2.2% | |
| Low | 3.4% | -2.0% | -5.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.84 | 5.39 | 5.06 | ||
| Avg | 3.81 | 4.08 | 4.12 | ||
| Low | 3.35 | 3.51 | 3.54 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.4% | 41.5% | 24.0% | ||
| Avg | -14.0% | 7.2% | 1.0% | ||
| Low | -24.3% | -7.9% | -13.3% |
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.