TRGP Stock Analysis: Buy, Sell, or Hold?
TRGP - Targa Resources Corp.
$271.99
4.51 (1.69%)
▲
5d:
+9.62%
30d:
+13.42%
90d:
+21.48%
HOLD
MODERATE Confidence
Analysis Updated: May 15, 2026 12:00 AM ET
Earnings: May 07, 2026
0d
Get Alerted When TRGP Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD: TRGP is fairly valued with market pricing in 4.0% annual growth. Fine to hold or accumulate slowly on dips.
📊 HOLD: TRGP is fairly valued with market pricing in 4.0% 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
$319.04
Based on 5.8% avg growth
INTRINSIC VALUE TODAY
$198.10
Trading above historical range
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 20.4x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: TRGP is currently trading at $271.99, which is considered extended relative to its 30-day fair value range of $237.86 to $258.00. From a valuation perspective, the stock is trading at a premium (Forward PE: 23.0) compared to its historical average (20.4). At these levels, the market is pricing in 4.0% 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 $271.77. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: TRGP has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. 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 $271.77. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: TRGP has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. 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
Historical Trading Range
$237.86 -
$258.00
Company Quality Score
65/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
53.3%
All Signals
- BEARISH: Price extended above range (+5.4% above its trading range)
- BULLISH: Strong technical setup (75/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($272.55)
- NEUTRAL: Market pricing in 4.0% annual earnings growth - fairly valued
Trading Range Analysis
30-Day Trading Range
$237.86 -
$258.00
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$241.86
Resistance Level
$271.77
Current Trend
Strong Uptrend
Technical data as of
May 15, 2026
Fundamental Context
Forward P/E (Next Year Est.)
22.99
Wall Street Target
$272.55
(+0.2%)
Revenue Growth (YoY)
-10.2%
Earnings Growth (YoY)
142.9%
Profit Margin
12.9%
Valuation Premium vs History
+4.0% premium
PE vs Historical
23.0 vs 20.4
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+4.0%
(market-implied from PE analysis)
1-Year Target
$282.87
(+4%)
2-Year Target
$294.18
(+8%)
3-Year Target
$305.95
(+13%)
3-Yr Target (if PE normalizes)
(PE: 23→20)
PE COMPRESSION
$271.45
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 23.0, Growth: 7.5%)
$337.65
(+24%)
Base:
(SPY PE: 22.1, Growth: 7.5%)
$324.10
(+19%)
Bear:
(PE: 18.8, Growth: 7.5%)
$275.48
(+1%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (27x PE), but valuation improves significantly next year (23x PE) as earnings recover.
Trailing PE: 27.32 | Current EPS (TTM): $9.79
Bull Case
$355.51
(+31%)
Analyst growth 20.8%, PE expands to 30.1
Base Case
$323.20
(+19%)
Market implied 20.8%, PE stable at 27.3
Bear Case
$181.89
(-33%)
Severe decline -20.0%, PE contracts to 23.2
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: May 18, 2026 9:12 AM ET
Data refreshes hourly during market hours. Next update: 10:12 AM
Data refreshes hourly during market hours. Next update: 10:12 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is TRGP showing a specific setup today?
Insider Activity (6 Months)
2
Buys
8
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
Top Rated Oil & Gas Midstream Stocks
Top-rated stocks in Oil & Gas Midstream by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
LNG
Cheniere Energy Inc |
STRONG BUY
24 analysts |
$303 | 56 HOLD |
|
ET
Energy Transfer LP |
STRONG BUY
17 analysts |
$23 | 65 BUY |
|
TRP
TC Energy Corp |
BUY
23 analysts |
$63 | 66 BUY |
|
VNOM
Viper Energy Ut |
STRONG BUY
15 analysts |
$58 | 62 BUY |
|
WMB
Williams Companies Inc |
BUY
22 analysts |
$82 | 64 BUY |
