NYSE: TRGP
Targa Resources Corp Stock Forecast, Predictions & Price Target

Analyst price target for TRGP

Based on 14 analysts offering 12 month price targets for Targa Resources Corp

Min Forecast
$174.00-0.33%
Avg Forecast
$219.86+25.94%
Max Forecast
$246.00+40.92%

Should I buy or sell TRGP stock?

Based on 14 analysts offering ratings for Targa Resources Corp.

Strong Buy
Strong Buy
9 analysts 64.29%
Buy
5 analysts 35.71%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although TRGP's forecast from analysts indicates a "Strong Buy", our proven Zen Rating quant model rates TRGP as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

Be the first to know when Wall Street analysts revise their TRGP stock forecasts and price targets.

TRGP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2025-04-09
lockedlocked$00.00+00.00%2025-03-18Find Out Why
lockedlocked$00.00+00.00%2025-03-17Find Out Why
lockedlocked$00.00+00.00%2025-03-06
lockedlocked$00.00+00.00%2025-03-03
Citigroup
Top 6%
95
Strong BuyMaintains$227.00+30.03%2025-02-25Find out why
Wells Fargo
Top 9%
92
Strong BuyMaintains$220.00+26.02%2025-02-21Find out why
Mizuho
Top 3%
98
BuyMaintains$226.00+29.46%2025-02-20
Barclays
Bottom 8%
8
Strong BuyMaintains$204.00+16.86%2025-01-13Find out why
ScotiaBank
Top 45%
56
BuyInitiates Coverage On$218.00+24.88%2025-01-10

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Forecast return on equity

Is TRGP forecast to generate an efficient return?

Company
98.12%
Industry
9.04%
Market
61.97%
TRGP's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TRGP forecast to generate an efficient return on assets?

Company
11.19%
Industry
6.83%
TRGP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TRGP earnings per share forecast

What is TRGP's earnings per share in the next 3 years based on estimates from 7 analysts?

Avg 1 year Forecast
$8.34+44.56%
Avg 2 year Forecast
$9.93+72.01%
Avg 3 year Forecast
$11.66+102.11%
TRGP's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TRGP revenue forecast

What is TRGP's revenue in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$20.5B+24.92%
Avg 2 year Forecast
$22.8B+39.42%
Avg 3 year Forecast
$25.5B+55.88%
TRGP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TRGP earnings growth forecast

How is TRGP forecast to perform vs Oil & Gas Midstream companies and vs the US market?

Company
31.49%
Industry
9.37%
Market
23.64%
TRGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TRGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TRGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TRGP revenue growth forecast

How is TRGP forecast to perform vs Oil & Gas Midstream companies and vs the US market?

Company
18.35%
Industry
8.95%
Market
10.7%
TRGP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TRGP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TRGP vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
TRGP$174.57$219.86+25.94%Strong Buy
CQP$60.86$53.33-12.37%Strong Sell
TRP$49.42$62.00+25.46%Hold
MPLX$50.57$57.71+14.13%Strong Buy
LNG$231.45$251.60+8.71%Strong Buy

Targa Resources Stock Forecast FAQ

Is Targa Resources Stock a good buy in 2025, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: TRGP) stock is to Strong Buy TRGP stock.

Out of 14 analysts, 9 (64.29%) are recommending TRGP as a Strong Buy, 5 (35.71%) are recommending TRGP as a Buy, 0 (0%) are recommending TRGP as a Hold, 0 (0%) are recommending TRGP as a Sell, and 0 (0%) are recommending TRGP as a Strong Sell.

If you're new to stock investing, here's how to buy Targa Resources stock.

What is TRGP's earnings growth forecast for 2025-2027?

(NYSE: TRGP) Targa Resources's forecast annual earnings growth rate of 31.49% is forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 9.37%, and it is also forecast to beat the US market's average forecast earnings growth rate of 23.64%.

Targa Resources's earnings in 2025 is $1,279,100,000.On average, 7 Wall Street analysts forecast TRGP's earnings for 2025 to be $1,819,315,770, with the lowest TRGP earnings forecast at $1,668,516,752, and the highest TRGP earnings forecast at $2,087,281,741. On average, 6 Wall Street analysts forecast TRGP's earnings for 2026 to be $2,164,709,643, with the lowest TRGP earnings forecast at $1,976,047,291, and the highest TRGP earnings forecast at $2,434,071,497.

In 2027, TRGP is forecast to generate $2,543,561,093 in earnings, with the lowest earnings forecast at $2,244,318,612 and the highest earnings forecast at $2,968,433,072.

What is TRGP's revenue growth forecast for 2025-2027?

(NYSE: TRGP) Targa Resources's forecast annual revenue growth rate of 18.35% is forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 8.95%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.7%.

Targa Resources's revenue in 2025 is $16,381,500,000.On average, 3 Wall Street analysts forecast TRGP's revenue for 2025 to be $4,463,362,357,452, with the lowest TRGP revenue forecast at $3,486,938,284,085, and the highest TRGP revenue forecast at $5,855,830,973,939. On average, 3 Wall Street analysts forecast TRGP's revenue for 2026 to be $4,981,361,562,191, with the lowest TRGP revenue forecast at $3,617,802,343,085, and the highest TRGP revenue forecast at $6,815,599,106,090.

In 2027, TRGP is forecast to generate $5,569,632,803,653 in revenue, with the lowest revenue forecast at $3,765,155,273,519 and the highest revenue forecast at $8,005,016,867,565.

What is TRGP's forecast return on assets (ROA) for 2025-2027?

(NYSE: TRGP) forecast ROA is 11.19%, which is higher than the forecast US Oil & Gas Midstream industry average of 6.83%.

What is TRGP's Price Target?

According to 14 Wall Street analysts that have issued a 1 year TRGP price target, the average TRGP price target is $219.86, with the highest TRGP stock price forecast at $246.00 and the lowest TRGP stock price forecast at $174.00.

On average, Wall Street analysts predict that Targa Resources's share price could reach $219.86 by Apr 9, 2026. The average Targa Resources stock price prediction forecasts a potential upside of 25.94% from the current TRGP share price of $174.57.

What is TRGP's Earnings Per Share (EPS) forecast for 2025-2027?

(NYSE: TRGP) Targa Resources's current Earnings Per Share (EPS) is $5.77. On average, analysts forecast that TRGP's EPS will be $8.34 for 2025, with the lowest EPS forecast at $7.65, and the highest EPS forecast at $9.57. On average, analysts forecast that TRGP's EPS will be $9.93 for 2026, with the lowest EPS forecast at $9.06, and the highest EPS forecast at $11.16. In 2027, TRGP's EPS is forecast to hit $11.66 (min: $10.29, max: $13.61).

What is TRGP's forecast return on equity (ROE) for 2025-2027?

(NYSE: TRGP) forecast ROE is 98.12%, which is considered strong.
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