TC Energy Corporation (TRP)

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 29.03% from the current stock price of 48.05.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$42	$62	$70	$74
Change	-12.59%	+29.03%	+45.68%	+54.01%

* 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	1	1
Hold	1	2	2	2	1	1
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	2	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Maurice Choy RBC Capital	RBC Capital	Buy Maintains $71 → $74	Buy	Maintains	$71 → $74	+54.01%	Feb 18, 2025
Ben Pham BMO Capital	BMO Capital	Hold Maintains $66 → $70	Hold	Maintains	$66 → $70	+45.68%	Nov 20, 2024
John Mackay Goldman Sachs	Goldman Sachs	Strong Sell Maintains $38 → $42	Strong Sell	Maintains	$38 → $42	-12.59%	Oct 21, 2024
Theresa Chen Barclays	Barclays	Hold Maintains $53 → $55	Hold	Maintains	$53 → $55	+14.46%	Jan 29, 2024
John Mackay Goldman Sachs	Goldman Sachs	Strong Sell Maintains $29 → $32	Strong Sell	Maintains	$29 → $32	-33.40%	Jan 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

15.17B

Increased by 10.13%

from 13.77B

Revenue Next Year

16.12B

Increased by 6.27%

from 15.17B

EPS This Year

3.78

Decreased by -14.67%

from 4.43

EPS Next Year

4.04

Increased by 6.92%

from 3.78

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	13.00B	13.39B	12.31B	13.27B	13.77B	15.17B	16.12B	16.48B
Revenue Growth	-1.93%	2.98%	-8.05%	7.78%	3.80%	10.13%	6.27%	2.22%
EPS	4.74	1.86	0.64	2.74	4.43	3.78	4.04	4.22
EPS Growth	11.01%	-60.76%	-65.36%	325.97%	61.28%	-14.67%	6.92%	4.43%
Forward PE	-	-	-	-	-	18.30	17.11	16.39
No. Analysts	-	-	-	-	-	19	18	11

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	15.2B	16.1B	16.5B
Low	14.2B	14.8B	15.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	17.5%	15.2%	9.6%
Avg	10.1%	6.3%	2.2%
Low	3.4%	-2.2%	-6.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.38	4.81	5.06
Avg	3.78	4.04	4.22
Low	3.22	3.62	3.83

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-1.1%	27.3%	25.3%
Avg	-14.7%	6.9%	4.4%
Low	-27.3%	-4.2%	-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.