Stock·NYSE·Energy
Targa Resources Corp. (TRGP)
- Market cap
- $65.33B
- P/E
- 29.13
- Dividend yield
- 1.48%
- Street target
- $330.00median of 22 analysts
- 52-week range
- $150.00 $307.94
TRGP stock forecast today
Where TRGP stands today, and what CleaRank Financial AI makes of it.
TRGP at a glance
Targa Resources Corp. (TRGP): Buy, 65/100 on CleaRank's AI score.
- Trend Up: the price is above both its 50- and 200-day moving averages ($289.11 and $257.00).
- Earnings TRGP beat estimates in 6 of its last 8 quarters, yet fell the next day after 3 of those beats.
- Insiders Insiders sold $40.8M and made no open-market purchases over the last 18 months.
- Valuation P/E of 29.1 against 18.4 for the Energy sector: a premium to peers (+58%).
Figures as of October 26, 2026.
CleaRank Financial AI
CleaRank rates Targa Resources Corp. (TRGP) Buy, with a model score of 65/100.
The trend lifts the score most: the price is 18.55% above its 200-day average and 5.39% above its 50-day average, and the 50-day average is 12.49% above the 200-day. Valuation holds it back most: the P/E of 29.13 is 58.3% above the sector median (a premium to peers) and the P/S of 3.87 is 54.8% above the sector median. The 50-day average stands at $289.11 and the 200-day at $257.00. Over the past year the price rose 98.14%.
Only on CleaRank
Figures we compute ourselves from TRGP's own price, earnings and insider-filing history. Tap one to see it in context.
TRGP stock price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
4/4Price above its 50-day average ›
The price of $304.68 is 5.4% above the 50-day simple moving average of $289.11.Price above its 200-day average ›
The price is 18.6% above the 200-day simple moving average of $257.00.50-day average above the 200-day ›
The 50-day average ($289.11) is 12.5% above the 200-day average ($257.00), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 98% of its 52-week range, between $150.00 and $307.94.
TRGP share price
Pick a period: each tab shows how far TRGP has moved over it, to the last close.
Today's trading
Where TRGP sits inside today's range and its 52-week range.
TRGP fundamentals and valuation
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
3/5P/E below the sector median ›
The trailing P/E of 29.13 is 58.3% above the Energy median of 18.4.P/S below the sector median ›
The price-to-sales ratio of 3.87 is 54.9% above the sector median of 2.5.Profitable over the last 12 months ›
Net income over the last 12 months was $2.3B on revenue of $16.7B, a net margin of 13.5%.Beat estimates in most recent reports ›
TRGP beat the EPS estimate in 6 of its last 8 reports.Pays a dividend ›
The trailing dividend yield is 1.48%, or $4.50 a share a year.
Key statistics
The headline figures for TRGP.
As of October 26, 2026, TRGP trades at $304.68, with a market value of $65.33B, a P/E ratio of 29.13 and a dividend yield of 1.48%.
What the numbers say
CleaRank Financial AI's reading of TRGP's valuation, growth and risks.
Targa Resources Corp. (TRGP) has a trailing P/E of 29.13, which is 57.1% above the Energy sector median of 18.4; the peer comparison on this page gives it a verdict of a premium to peers. Looking at sales, its P/S of 3.87 is 54.8% above the sector median of 2.5. To put the earnings in context, TRGP reports trailing earnings of $10.46 per share.
In the latest quarter, against the same quarter a year earlier, revenue grew 4.20%, 28.6 percentage points slower than the sector median of 32.8%. Margins stand at a net margin of 13.55% and an operating margin of 27.80%. It generates a return on equity of 70.84%, above the sector median of 14.2%. Debt-to-equity of 5.16 and a trailing dividend yield of 1.48% ($4.50 a share a year) round out the fundamentals.
EPS in the August 6, 2026 report came in at $3.25, ahead of the $2.84 estimate and a beat of 14.44%. Despite the beat, the share price dropped 4.24% in the first session after the report.
The earnings record shows 6 beats in 8 reports, but beats have not guaranteed gains: the stock fell the next day after 3 of them. Earlier, the stock rose 4.42% after the November 5, 2025 report, a beat of 10.55%. Analysts' average EPS estimate for this fiscal year is $11.51, which would be growth of 28.0%, and $12.12 for next year (growth of 5.2%).
With a P/E of 29.13, which is 58.3% above the sector median and a premium to peers, valuation leaves less room for error. Day-to-day movement is the first thing to plan around: TRGP has moved 1.81% on an average session, and its beta against the S&P 500 is 0.80. Insiders sold $40.8M of stock over the last 18 months and made no open-market purchases. Insider sales are often planned in advance or made to cover tax on vesting shares, so they are a weaker signal than buying.
TRGP against the Energy sector
How TRGP compares with the median Energy stock CleaRank tracks.
Price to earnings vs sector: TRGP trades at a significant premium to sector peers (+58%), suggesting market expectations for superior growth or market position.
Return vs XLE: Since May 14, 2025, TRGP has gained 80.7% against a gain of 63.4% for XLE.
Performance against XLE
TRGP and the Energy sector fund over the same days.
Revenue and earnings
How much TRGP sells, and how much of it becomes profit.
Revenue growth: Revenue grew 3.9% in FY2025 to $17.0B, from $16.4B a year earlier.
Profit margin: The net margin was 11.5% in FY2025, up from 9.5% the year before.
Profitable: TRGP earned $2.0B in FY2025.
Earnings reality check
Did TRGP beat what analysts expected, and how did the stock react?
Earnings record: TRGP beat the analyst estimate in 6 of the last 8 quarters.
Market reaction: The stock fell in the first session after 3 of those 6 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Aug 6, 2026after close | $2.84 | $3.25 | +14.44% | -4.24% | -0.50% |
| May 7, 2026after close | $2.57 | $2.76 | +7.39% | -1.71% | +5.96% |
| Feb 19, 2026after close | $2.40 | $2.69 | +12.08% | +3.21% | +3.15% |
| Nov 5, 2025after close | $2.18 | $2.41 | +10.55% | +4.42% | +4.85% |
| Aug 7, 2025after close | $1.98 | $2.02 | +2.02% | -1.08% | -0.83% |
| May 1, 2025after close | $2.04 | $1.89 | -7.35% | -0.29% | -1.41% |
| Feb 19, 2025after close | $1.91 | $1.46 | -23.56% | -2.66% | -5.57% |
| Nov 4, 2024after close | $1.56 | $1.75 | +12.18% | +4.85% | +15.22% |
As of October 26, 2026, TRGP has beaten the analyst EPS estimate in 6 of its last 8 reported quarters and fell in the first trading session after 3 of those beats; its latest report, on August 6, 2026, came in 14.44% above the estimate and the stock moved -4.24% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
TRGP AI analysis and technical indicators
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
3/3RSI not overbought or oversold ›
The 14-day RSI is 63.0, showing bullish momentum without being overbought.RSI above 50 ›
An RSI of 63.0 is above the 50 midpoint, so buyers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is positive, so the 12-day average is above the 26-day average.
CleaRank Financial AI analysis of TRGP
The score, the reasoning behind it, and what could move the price next.
Trading at $304.68, Targa Resources Corp. (TRGP) holds above both of its main moving averages: 5.39% above the 50-day ($289.11) and 18.55% above the 200-day ($257.00). At 98% of its 52-week range, the price is 1.06% below the 52-week high of $307.94. The 50-day average itself is 12.49% above the 200-day average.
On momentum, the 14-day RSI reads 63.0, in the bullish zone, below the overbought line, with the MACD line positive. The recent returns all show a gain, with the price up 13.84% over the past three months, 26.27% over the past six months and 98.14% over the past year.
Analyst upgrade ›
TD Cowen upgraded it to Buy from Hold on September 18, 2026.
Source: Analyst action, TD Cowen, September 18, 2026Rating reaffirmed ›
BMO Capital kept its Outperform rating on October 21, 2026.
Source: Analyst action, BMO Capital, October 21, 2026
Earnings beat, but the stock fell ›
The August 6, 2026 report beat the EPS estimate by 14.44%, and the share price fell 4.24% in the first session after it.
Source: Earnings report, August 6, 2026
- The two closest levels to watch are the 52-week high at $307.94, just above the price, and the 20-day EMA at $291.24, just below it.
- The 14-day RSI reads 63.0, in the bullish zone, with the MACD line positive; readings above 70 or below 30 mark stretched momentum.
- TRGP's share price fell 4.24% in the first session after the August 6, 2026 report, even though the company has beaten estimates in 6 of the last 8 reports.
TRGP trades above its 50-day and 200-day moving averages ($289.11 and $257.00), which is what makes the trend up; losing the 50-day would be the first warning. The nearest level under the price is the 20-day EMA at $291.24.
TRGP's next level overhead is the 52-week high of $307.94. The RSI is in the bullish band, which backs the current direction without signalling an overstretched move.
Technical indicators
Momentum and trend for TRGP, from its daily closes.
As of October 26, 2026, with TRGP at $304.68, its 14-day RSI is 63.0 (showing bullish momentum without being overbought), its 50-day simple moving average is $289.11 and its 200-day is $257.00.
Calculated by CleaRank on daily closes as of October 26, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these
What TRGP moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 26, 2026, TRGP's 1-year correlation of daily returns is +0.34 with S&P 500 (SPY), +0.26 with Nasdaq 100 (QQQ), +0.00 with Bitcoin (BTC) and -0.05 with gold (XAU).
TRGP price target and analyst forecast
The analysts' target range and how their ratings split.
Analysts checks
3/3Most analysts rate it a buy ›
21 of 22 analysts rate it a buy or strong buy, 1 a hold and 0 a sell.Median target above the price ›
The median 12-month target of $330.00 is 8.3% above the price.More buy ratings than three months ago ›
21 of 22 rate it a buy now, against 20 of 23 three months ago.
TRGP Wall Street View
12-month price targets
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Oct 21, 2026 | BMO Capital | Maintains | Outperform |
| Oct 13, 2026 | Citigroup | Maintains | Buy |
| Oct 8, 2026 | Barclays | Maintains | Overweight |
| Sep 21, 2026 | Truist Securities | Reiterates | Buy |
| Sep 18, 2026 | TD Cowen | Upgrade | Buy |
| Sep 16, 2026 | Morgan Stanley | Maintains | Overweight |
As of October 26, 2026, 22 Wall Street analysts cover TRGP: 21 rate it a buy or strong buy, 1 a hold and 0 a sell or strong sell. Their 12-month price targets range from $294.00 to $359.00. The median TRGP price target is $330.00, 8.3% above the price of $304.68.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
TRGP trade plan: entry, stop loss and targets
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
TRGP trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Long entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from TRGP's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much TRGP tends to move, against the market and on its own.
TRGP price history and drawdowns
TRGP's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
4/4Average daily move under 2% ›
The price has moved 1.81% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 86.5%, from October 2018 to March 2020, regained by October 2021.Most 1-year holds ended higher ›
68% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $98,362, against $42,015 in the S&P 500 (SPY).
TRGP Drawdowns & Recovery
As of October 26, 2026, TRGP's worst peak-to-trough fall over the last 10 years with dividends reinvested was -86.5% (October 2018 to March 2020); it regained that peak by October 2021, 19 months after the low, and 68% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into TRGP in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: TRGP beat the S&P 500 over this period: $98,362 against $42,015.
A $10,000 investment in TRGP in October 2016 would be worth about $98,362 today with dividends reinvested, compared with about $42,015 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to TRGP, and which have not.
Strongest month, November: an average of +10.44%, up in 7 of 10 years.
Weakest month, March: an average of -4.00%, up in 5 of 10 years.
This month, October: has averaged +1.62%, up in 5 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, TRGP's strongest calendar month has been November (average +10.44%, up in 7 of 10 years) and its weakest March (average -4.00%, up in 5 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
TRGP stock price prediction 2030
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in TRGP, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 4-year Monte Carlo simulation, based on 10 years of price history, projects that a $10,000 investment in TRGP today could grow to about $14,828 by 2030 in the base case, with a 90th-percentile outcome near $53,415 and a 10th-percentile outcome around $4,116. The simulation models price only; at today's 1.48% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
TRGP Stock Price Prediction 2030: Simulated Scenarios
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $452 for TRGP by 2030 in the base case, from $305 today (1.5x over 4 years). The 10th-percentile path ends near $125. These are outcomes of a Monte Carlo simulation run on TRGP's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $177 | $336 | $638 | |
| 2028 | $150 | $371 | $918 | |
| 2029 | $135 | $409 | $1,242 | |
| 2030 | $125 | $452 | $1,627 |
Method: a lognormal simulation of TRGP's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. TRGP is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation. How the simulation works
TRGP insider trading
What the people running the company have bought and sold.
TRGP insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Net insider selling: No insider bought TRGP shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
As of October 26, 2026, TRGP insiders reported 15 open-market sales worth $40.8M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Sep 3, 2026 | Joe Bob Perkins
Director
|
Grant | 8.4K | - |
| Sep 1, 2026 | Paul W Chung
Director
|
Sell | 1.8K | $537.7K |
| Sep 1, 2026 | Brent B. Secrest
Officer
|
Grant | 10.0K | - |
| Aug 25, 2026 | Charles Richard Crisp
Director
|
Sell | 3.0K | $870.7K |
| Aug 25, 2026 | Charles Richard Crisp
Director
|
Grant | 1.2K | - |
| Aug 21, 2026 | Waters S Davis IV
Director
|
Sell | 2.4K | $719.2K |
| Aug 20, 2026 | Paul W Chung
Director
|
Grant | 1.0K | - |
| Aug 18, 2026 | Robert M Muraro
Officer
|
Grant | 20.0K | - |
| Jul 21, 2026 | Thomas Mathiasmeier
Director
|
Grant | 477 | - |
| May 14, 2026 | Matthew J Meloy
Chief Executive Officer
|
Grant | 15.0K | - |
| May 12, 2026 | Charles Richard Crisp
Director
|
Sell | 10.6K | $2.7M |
| May 12, 2026 | Paul W Chung
Director
|
Grant | 6.0K | - |
| Mar 5, 2026 | Robert M Muraro
Officer
|
Sell | 24.6K | $5.9M |
| Mar 2, 2026 | Patrick J Mcdonie
Officer
|
Sell | 31.5K | $7.5M |
| Mar 2, 2026 | Benjamin James Branstetter
Officer
|
Sell | 3.3K | $778.1K |
| Feb 26, 2026 | Lindsey M Cooksen
Director
|
Sell | 435 | $100.8K |
| Feb 26, 2026 | Douglas Scott Pryor
Officer
|
Grant | 14.6K | - |
| Feb 25, 2026 | Douglas Scott Pryor
Officer
|
Sell | 17.5K | $4.0M |
| Feb 24, 2026 | Jennifer R Kneale
President
|
Sell | 29.5K | $6.8M |
| Feb 24, 2026 | Charles Richard Crisp
Director
|
Sell | 1.4K | $311.6K |
| Feb 24, 2026 | Charles Richard Crisp
Director
|
Grant | 1.5K | - |
| Feb 24, 2026 | Rene R Joyce
Director
|
Grant | 4.0K | - |
| Feb 24, 2026 | Matthew J Meloy
Chief Executive Officer
|
Grant | 40.0K | - |
| Jan 16, 2026 | Jennifer R Kneale
President
|
Grant | 63.5K | - |
| Jan 16, 2026 | Patrick J Mcdonie
Officer
|
Grant | 43.0K | - |
| Jan 16, 2026 | Matthew J Meloy
Chief Executive Officer
|
Grant | 166.7K | - |
| Jan 16, 2026 | Robert M Muraro
Officer
|
Grant | 43.0K | - |
| Jan 16, 2026 | Douglas Scott Pryor
Officer
|
Grant | 34.0K | - |
| Jan 15, 2026 | Beth A Bowman
Director
|
Grant | 1.0K | - |
| Jan 15, 2026 | William A. Byers
Chief Financial Officer
|
Grant | 7.2K | - |
| Jan 15, 2026 | Paul W Chung
Director
|
Grant | 1.6K | - |
| Jan 15, 2026 | Lindsey M Cooksen
Director
|
Grant | 1.0K | - |
| Jan 15, 2026 | Charles Richard Crisp
Director
|
Grant | 1.0K | - |
| Jan 15, 2026 | Waters S Davis IV
Director
|
Grant | 1.0K | - |
| Jan 15, 2026 | John Christopher Eklof
Officer
|
Grant | 1.6K | - |
| Jan 15, 2026 | Laura C Fulton
Director
|
Grant | 1.0K | - |
| Jan 15, 2026 | Rene R Joyce
Director
|
Grant | 1.0K | - |
| Jan 15, 2026 | Caron A Lawhorn
Director
|
Grant | 1.0K | - |
| Jan 15, 2026 | Joe Bob Perkins
Director
|
Grant | 1.0K | - |
| Jan 15, 2026 | Gerald R Shrader
General Counsel
|
Grant | 6.7K | - |
| Jan 15, 2026 | Robert Keith Teague
Director
|
Grant | 1.0K | - |
| Dec 5, 2025 | Gerald R Shrader
General Counsel
|
Sell | 2.8K | $498.3K |
| Dec 5, 2025 | Gerald R Shrader
General Counsel
|
Grant | 1.2K | - |
| Nov 14, 2025 | Douglas Scott Pryor
Officer
|
Sell | 20.0K | $3.4M |
| Nov 14, 2025 | Douglas Scott Pryor
Officer
|
Grant | 2.1K | - |
| Nov 12, 2025 | Charles Richard Crisp
Director
|
Grant | 2.0K | - |
| Nov 11, 2025 | Matthew J Meloy
Chief Executive Officer
|
Grant | 12.1K | - |
| Aug 15, 2025 | Douglas Scott Pryor
Officer
|
Sell | 20.0K | $3.3M |
| Aug 15, 2025 | Matthew J Meloy
Chief Executive Officer
|
Grant | 24.9K | - |
| May 22, 2025 | Matthew J Meloy
Chief Executive Officer
|
Grant | 15.0K | - |
| May 8, 2025 | Douglas Scott Pryor
Officer
|
Sell | 20.0K | $3.2M |
Source: TwelveData, from SEC Form 4 filings
TRGP stock forecast: questions people ask
Answered from the figures on this page, as of October 26, 2026.