TRP Stock Analysis: Buy, Sell, or Hold?
TRP - TC Energy Corporation
$68.14
1.08 (1.61%)
▲
5d:
+4.67%
30d:
+11.93%
90d:
+10.98%
HOLD
MODERATE Confidence
Analysis Updated: May 14, 2026 12:00 AM ET
Earnings: May 01, 2026
0d
Get Alerted When TRP 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: TRP shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: TRP shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$76.85
Based on 5.0% avg growth
INTRINSIC VALUE TODAY
$47.72
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 15.6x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: TRP is currently trading at $68.14, which is considered extended relative to its 30-day fair value range of $61.24 to $65.98. From a valuation perspective, the stock is trading at a premium (Forward PE: 17.6) compared to its historical average (15.6). At these levels, the market is pricing in 4.1% annual earnings growth.
Technical Outlook: Technically, TRP is in a strong uptrend. The price is approaching resistance at $68.29. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: TRP has a strong technical setup (60/100), 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, TRP is in a strong uptrend. The price is approaching resistance at $68.29. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: TRP has a strong technical setup (60/100), 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
$61.24 -
$65.98
Company Quality Score
64/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
58.1%
All Signals
- BEARISH: Price extended above range
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BEARISH: Trading above Wall St target ($63.18)
- BULLISH: Expecting earnings turnaround to 4.1% growth with 6.6% revenue growth
Trading Range Analysis
30-Day Trading Range
$61.24 -
$65.98
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$64.44
Resistance Level
$68.29
Current Trend
Strong Uptrend
Technical data as of
May 14, 2026
Fundamental Context
Forward P/E (Next Year Est.)
17.65
Wall Street Target
$63.18
(-7.3%)
Revenue Growth (YoY)
6.6%
Earnings Growth (YoY)
-8.5%
Profit Margin
22.2%
Valuation Premium vs History
+4.1% premium
PE vs Historical
17.7 vs 15.6
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+4.1%
(market-implied from PE analysis)
1-Year Target
$70.93
(+4%)
2-Year Target
$73.84
(+8%)
3-Year Target
$76.87
(+13%)
3-Yr Target (if PE normalizes)
(PE: 18→16)
PE COMPRESSION
$67.93
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.0, Growth: 6.0%)
$101.31
(+49%)
Base:
(SPY PE: 17.7, Growth: 6.0%)
$81.14
(+19%)
Bear:
(PE: 15.0, Growth: 6.0%)
$68.97
(+1%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (27x PE), but valuation improves significantly next year (18x PE) as earnings recover.
Trailing PE: 27.04 | Current EPS (TTM): $2.48
Bull Case
$114.82
(+69%)
Analyst growth 55.7%, PE expands to 29.7
Base Case
$104.38
(+53%)
Market implied 55.7%, PE stable at 27.0
Bear Case
$45.60
(-33%)
Severe decline -20.0%, PE contracts to 23.0
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: May 14, 2026 7:36 PM ET
Data refreshes hourly during market hours. Next update: 8:36 PM
Data refreshes hourly during market hours. Next update: 8:36 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is TRP showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Oil & Gas Midstream Stocks
Top-rated stocks in Oil & Gas Midstream by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
TRGP
Targa Resources Inc |
STRONG BUY
22 analysts |
$270 | 63 BUY |
|
LNG
Cheniere Energy Inc |
STRONG BUY
24 analysts |
$303 | 56 HOLD |
|
ET
Energy Transfer LP |
STRONG BUY
17 analysts |
$23 | 66 BUY |
|
VNOM
Viper Energy Ut |
STRONG BUY
15 analysts |
$57 | 60 HOLD |
|
WMB
Williams Companies Inc |
BUY
22 analysts |
$82 | 67 BUY |
