TRGP Stock Analysis: Buy, Sell, or Hold?
TRGP - Targa Resources Corp.
$258.88
1.07 (0.42%)
▲
5d:
-5.33%
30d:
-1.68%
90d:
+5.76%
HOLD
LOW Confidence
Analysis Updated: Jul 2, 2026 12:00 AM ET
Earnings: Aug 06, 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 0.4% annual growth. Fine to hold or accumulate slowly on dips.
📊 HOLD: TRGP is fairly valued with market pricing in 0.4% 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
$348.80
Based on 6.4% avg growth
INTRINSIC VALUE TODAY
$216.58
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 20.8x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: TRGP is currently trading at $258.88, which is considered oversold relative to its 30-day fair value range of $259.85 to $270.01. The stock's valuation (Forward PE: 21.0) is in line with its historical norms (20.8). At these levels, the market is pricing in 0.4% 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 currently testing key support at $252.97. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $285.71 (+10.4%). 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 currently testing key support at $252.97. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $285.71 (+10.4%). 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
OVERSOLD
Historical Trading Range
$259.85 -
$270.01
Company Quality Score
55/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
78.1%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($285.71)
- NEUTRAL: Market pricing in 0.4% annual earnings growth - fairly valued
- CAUTION: Recommendation downgraded due to -5.3% 5-day decline
Trading Range Analysis
30-Day Trading Range
$259.85 -
$270.01
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$252.97
Resistance Level
$269.11
Current Trend
Strong Uptrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
20.99
Wall Street Target
$285.71
(+10.4%)
Revenue Growth (YoY)
-10.2%
Earnings Growth (YoY)
142.9%
Profit Margin
12.9%
Valuation Premium vs History
+0.4% premium
PE vs Historical
21.0 vs 20.8
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+0.4%
(market-implied from PE analysis)
1-Year Target
$259.92
(+0%)
2-Year Target
$260.96
(+1%)
3-Year Target
$262.00
(+1%)
3-Yr Target (if PE normalizes)
(PE: 21→21)
PE COMPRESSION
$259.63
(+0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: 8.7%)
$345.11
(+33%)
Base:
(SPY PE: 21.0, Growth: 8.7%)
$332.59
(+29%)
Bear:
(PE: 17.8, Growth: 8.7%)
$282.70
(+9%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (26x PE), but valuation improves significantly next year (21x PE) as earnings recover.
Trailing PE: 26.31 | Current EPS (TTM): $9.80
Bull Case
$356.91
(+38%)
Analyst growth 25.9%, PE expands to 28.9
Base Case
$324.47
(+25%)
Market implied 25.9%, PE stable at 26.3
Bear Case
$175.31
(-32%)
Severe decline -20.0%, PE contracts to 22.4
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: July 03, 2026 6:22 PM ET
Data refreshes hourly during market hours. Next update: 7:22 PM
Data refreshes hourly during market hours. Next update: 7:22 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)
1
Buys
7
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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