TC Energy Corporation (TRP)

TC Energy Stock Forecast

Stock Price Forecast

The 3 analysts that cover TC Energy stock have a consensus rating of "Hold" and an average price target of $79.67, which forecasts a 30.89% increase in the stock price over the next year. The lowest target is $62 and the highest is $92.

Price Target: $79.67 (+30.89%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$62	$79.67	$85	$92
Change	+1.86%	+30.89%	+39.64%	+51.14%

Analyst Ratings

The average analyst rating for TC Energy stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	1	1	0
Total	2	2	2	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Mackay Goldman Sachs	Goldman Sachs	Strong Sell → Hold Upgrades $62	Strong Sell → Hold	Upgrades	$62	+1.86%	Apr 20, 2026
John Mackay Goldman Sachs	Goldman Sachs	Strong Sell Maintains $48 → $53	Strong Sell	Maintains	$48 → $53	-12.93%	Feb 18, 2026
Maurice Choy RBC Capital	RBC Capital	Buy Maintains $84 → $92	Buy	Maintains	$84 → $92	+51.14%	Feb 17, 2026
Robert Catellier CIBC	CIBC	Buy → Hold Downgrades $81 → $85	Buy → Hold	Downgrades	$81 → $85	+39.64%	Feb 17, 2026
Maurice Choy RBC Capital	RBC Capital	Buy Maintains $74 → $84	Buy	Maintains	$74 → $84	+38.00%	Nov 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

16.38B

Increased by 7.51%

from 15.24B

Revenue Next Year

16.79B

Increased by 2.45%

from 16.38B

EPS This Year

3.72

Increased by 13.77%

from 3.27

EPS Next Year

3.87

Increased by 4.16%

from 3.72

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	13.39B	12.31B	13.27B	13.77B	15.24B	16.38B	16.79B
Revenue Growth	2.99%	-8.05%	7.78%	3.80%	10.66%	7.51%	2.45%
EPS	1.86	0.64	2.74	4.43	3.27	3.72	3.87
EPS Growth	-60.76%	-65.36%	325.97%	61.28%	-26.20%	13.77%	4.16%
Forward PE	-	-	-	-	-	22.44	21.54
No. Analysts	-	-	-	-	-	19	18

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032	2033
High	17.3B	17.8B
Avg	16.4B	16.8B
Low	15.4B	15.8B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	13.5%	8.6%
Avg	7.5%	2.5%
Low	1.2%	-3.3%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031
High	4.12	4.29
Avg	3.72	3.87
Low	3.20	3.38

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031
High	26.0%	15.6%
Avg	13.8%	4.2%
Low	-2.1%	-9.1%

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.