TRGP Stock Analysis: Buy, Sell, or Hold?
TRGP - Targa Resources Corp.
$248.09
-2.14 (-0.86%)
▼
5d:
+3.41%
30d:
+5.21%
90d:
+35.64%
HOLD
MODERATE Confidence
Analysis Updated: Mar 30, 2026 12:00 AM ET
Earnings: May 07, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: TRGP is fairly valued with market pricing in 4.2% annual growth. Fine to hold or accumulate slowly on dips.
📊 HOLD: TRGP is fairly valued with market pricing in 4.2% annual growth. Fine to hold or accumulate slowly on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$300.78
Based on 6.4% avg growth
INTRINSIC VALUE TODAY
$186.76
Trading above fair value
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 19.9x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: TRGP is currently trading at $248.09, which is considered extended relative to its 30-day fair value range of $232.06 to $244.43. From a valuation perspective, the stock is trading at a premium (Forward PE: 22.6) compared to its historical average (19.9). At these levels, the market is pricing in 4.2% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, TRGP is in a strong uptrend. The price is approaching resistance at $253.40. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, TRGP is in a strong uptrend. The price is approaching resistance at $253.40. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Fair Price Range
$232.06 -
$244.43
Company Quality Score
58/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
47.1%
All Signals
- BEARISH: Price extended above range
- NEUTRAL: Mixed technical signals (55/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($253.67)
- NEUTRAL: Market pricing in 4.2% annual earnings growth - fairly valued
Fair Price Analysis
30-Day Fair Range
$232.06 -
$244.43
Current vs Fair Value
EXTENDED
Support & Resistance Levels
Support Level
$233.61
Resistance Level
$253.40
Current Trend
Strong Uptrend
Technical data as of
Mar 30, 2026
Fundamental Context
Forward P/E (Next Year Est.)
22.56
Wall Street Target
$253.67
(+1.4%)
Revenue Growth (YoY)
-7.9%
Earnings Growth (YoY)
74.5%
Profit Margin
11.3%
Valuation Premium vs History
+4.2% premium
PE vs Historical
22.6 vs 19.9
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+4.2%
(market-implied from PE analysis)
1-Year Target
$260.74
(+4%)
2-Year Target
$271.69
(+9%)
3-Year Target
$283.10
(+13%)
3-Yr Target (if PE normalizes)
(PE: 23→20)
PE COMPRESSION
$249.70
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.6, Growth: 8.8%)
$321.98
(+29%)
Base:
(SPY PE: 22.4, Growth: 8.8%)
$319.68
(+28%)
Bear:
(PE: 19.0, Growth: 8.8%)
$271.73
(+9%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (28x PE), but valuation improves significantly next year (23x PE) as earnings recover.
Trailing PE: 27.93 | Current EPS (TTM): $8.50
Bull Case
$340.75
(+42%)
Analyst growth 30.5%, PE expands to 30.7
Base Case
$309.78
(+29%)
Market implied 30.5%, PE stable at 27.9
Bear Case
$161.44
(-33%)
Severe decline -20.0%, PE contracts to 23.7
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: March 30, 2026 5:00 PM ET
Data refreshes hourly during market hours. Next update: 6:00 PM
Data refreshes hourly during market hours. Next update: 6:00 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
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Technical Signals Check
Is TRGP showing a specific setup today?
Insider Activity (6 Months)
3
Buys
9
Sells
Net
INSIDERS SELLING
Recent Transactions
Robert Muraro
SELL
24589 shares
2026-03-05
Patrick J Mcdonie
SELL
31537 shares
2026-03-02
Lindsey Cooksen
SELL
435 shares
2026-02-26
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