Targa Resources Corp. (TRGP) Stock Forecast
TRGP analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.64 / 5 from 22 analysts
- Price target
- $327.86 average of analyst targets
- Upside to target
- +11.2% from the latest close
- Next earnings
- November 5, 2026 EPS estimate $2.72
- 52-week range
- $150.94 – $302.25
TRGP analyst ratings
22 analystsNumber of analysts at each rating.
TRGP price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
TRGP earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.82 | $2.73 | $2.91 | $2.41 | +16.7% | 3 |
| Current fiscal year (2026) | $11.47 | $11.00 | $12.05 | $8.99 | +27.5% | 5 |
| Next fiscal year (2027) | $12.02 | $11.52 | $12.37 | $11.47 | +4.8% | 5 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
TRGP revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $4.75B | $3.99B | $5.69B | +14.5% | 5 |
| Current fiscal year (2026) | $19.03B | $16.61B | $20.99B | +11.8% | 8 |
| Next fiscal year (2027) | $23.93B | $18.16B | $26.25B | +25.7% | 8 |
TRGP EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
TRGP revenue: reported and forecast
TRGP EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.78 | $2.81 | $2.82 | $2.82 | $2.82 | +1.3% | 0 up · 1 down |
| Current fiscal year (2026) | $11.21 | $11.59 | $11.50 | $11.50 | $11.47 | +2.3% | 0 up · 1 down |
| Next fiscal year (2027) | $12.17 | $12.01 | $12.08 | $12.08 | $12.02 | −1.3% | 0 up · 1 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
TRGP earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; TRGP beat in 7 of 12.
What analysts expect from TRGP
22 analysts cover Targa Resources; their consensus rating is strong buy (4.64 on a 1–5 scale, where 5 is a strong buy). The average price target is $327.86, 11.2% above the latest close of $294.90. Analysts expect earnings of $11.47 per share for 2026, +27.5% from a year earlier. For 2027 the average estimate is $12.02 per share on revenue of $23.9 billion. Targa Resources beat the EPS estimate in 7 of the last 12 quarters.
Related: TRGP income statement, TRGP key metrics, TRGP chart. See the TRGP stock overview for the latest quote and news.
TRGP forecast FAQ
What is Targa Resources's price target?
The average analyst price target for Targa Resources is $327.86, 11.2% above the latest close of $294.90.
Is Targa Resources a buy, hold or sell?
Of 22 analysts covering Targa Resources, 15 rate it a strong buy, 6 a buy, 1 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Targa Resources's EPS forecast?
Analysts forecast $11.47 per share for 2026 (range $11.00 to $12.05); for 2027 the estimate is $12.02.
What is Targa Resources's revenue forecast?
The average revenue estimate for 2026 is $19.0 billion, growth of 11.8%; for 2027 it is $23.9 billion.
When does Targa Resources report earnings?
Targa Resources is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens; the EPS estimate is $2.72.
Does Targa Resources usually beat earnings estimates?
Targa Resources reported EPS at or above the analyst estimate in 7 of the last 12 quarters.