TransAlta (TAC) Stock Forecast, Price Target & Predictions
TAC Stock Forecast
TransAlta stock forecast is as follows: an average price target of $16.00 (represents a 15.52% upside from TAC’s last price of $13.85) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
TAC Price Target
The average price target for TransAlta (TAC) is $16.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $16.00. This represents a potential 15.52% upside from TAC's last price of $13.85.
TAC Analyst Ratings
According to 5 Wall Street analysts, TransAlta's rating consensus is 'Buy'. The analyst rating breakdown for TAC stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TransAlta Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 16, 2022 | RBC Capital | $16.00 | $9.30 | 72.04% | 15.52% |
The latest TransAlta stock forecast, released on Dec 16, 2022 by RBC Capital company, set a price target of $16.00, which represents a 72.04% increase from the stock price at the time of the forecast ($9.30), and a 15.52% increase from TAC last price ($13.85).
TransAlta Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $13.85 | $13.85 | $13.85 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of TransAlta stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TransAlta's last price of $13.85. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Desjardins | Buy | Initialise | |
| Oct 18, 2024 | CIBC | Outperform | Outperform | Hold |
| Sep 20, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 06, 2024 | National Bank | Outperform | Outperform | Hold |
| Jul 22, 2024 | CIBC | Outperform | Outperform | Hold |
| Jun 12, 2024 | CIBC | Outperform | Outperform | Hold |
| Apr 19, 2024 | CIBC | Outperform | Outperform | Hold |
| Dec 16, 2022 | RBC Capital | Outperform | Outperform | Hold |
TransAlta's last stock rating was published by Desjardins on Oct 30, 2024. The company Initialise its TAC rating from "null" to "Buy".
TransAlta Financial Forecast
TransAlta Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $1.09B | $854.00M | $929.00M | $458.00M | $735.00M | $610.00M | $850.00M | $619.00M | $642.00M | $544.00M | $514.00M | $437.00M | $606.00M | $609.00M | $593.00M | $497.00M | $648.00M | $588.00M | $578.00M |
| Avg Forecast | $525.53M | $516.28M | $460.33M | $547.98M | $505.01M | $532.25M | $613.89M | $987.55M | $414.49M | $620.02M | $537.86M | $632.63M | $553.66M | $513.37M | $449.19M | $535.89M | $469.58M | $525.86M | $455.54M | $531.01M | $493.57M | $485.44M | $447.06M | $505.52M | $496.11M | $489.47M | $483.23M | $584.10M | $65.94M | $1.39B |
| High Forecast | $525.53M | $516.28M | $460.33M | $547.98M | $505.01M | $532.25M | $613.89M | $987.55M | $414.49M | $620.02M | $537.86M | $632.63M | $553.66M | $513.37M | $449.19M | $535.89M | $469.58M | $525.86M | $455.54M | $531.01M | $493.57M | $485.44M | $447.06M | $505.52M | $496.11M | $489.47M | $483.23M | $584.10M | $79.13M | $1.67B |
| Low Forecast | $525.53M | $516.28M | $460.33M | $547.98M | $505.01M | $532.25M | $613.89M | $987.55M | $414.49M | $620.02M | $537.86M | $632.63M | $553.66M | $513.37M | $449.19M | $535.89M | $469.58M | $525.86M | $455.54M | $531.01M | $493.57M | $485.44M | $447.06M | $505.52M | $496.11M | $489.47M | $483.23M | $584.10M | $52.75M | $1.11B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.72% | 1.54% | 1.81% | 1.02% | 1.37% | 1.30% | 1.62% | 1.36% | 1.21% | 1.10% | 1.06% | 0.98% | 1.20% | 1.23% | 1.21% | 1.03% | 1.11% | 8.92% | 0.42% |
TransAlta's average Quarter revenue forecast for Jun 23 based on 1 analysts is $537.86M, with a low forecast of $537.86M, and a high forecast of $537.86M. TAC's average Quarter revenue forecast represents a -50.61% decrease compared to the company's last Quarter revenue of $1.09B (Mar 23).
TransAlta EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $626.00M | $231.00M | $434.00M | $115.00M | $379.00M | $147.00M | $-219.00M | $268.00M | $248.00M | $111.00M | $105.00M | $169.00M | $275.00M | $349.00M | $297.00M | $182.00M | $169.00M | $330.00M | $234.00M |
| Avg Forecast | $198.39M | $194.90M | $173.78M | $206.87M | $190.64M | $200.93M | $231.75M | $372.81M | $156.47M | $234.06M | $203.04M | $238.82M | $209.01M | $229.35M | $200.68M | $239.41M | $209.79M | $234.93M | $203.51M | $237.23M | $220.50M | $216.87M | $199.73M | $225.84M | $221.64M | $218.67M | $215.89M | $260.95M | $29.46M | $562.19M |
| High Forecast | $198.39M | $194.90M | $173.78M | $206.87M | $190.64M | $200.93M | $231.75M | $372.81M | $156.47M | $234.06M | $203.04M | $238.82M | $209.01M | $229.35M | $200.68M | $239.41M | $209.79M | $234.93M | $203.51M | $237.23M | $220.50M | $216.87M | $199.73M | $225.84M | $221.64M | $218.67M | $215.89M | $260.95M | $35.35M | $674.63M |
| Low Forecast | $198.39M | $194.90M | $173.78M | $206.87M | $190.64M | $200.93M | $231.75M | $372.81M | $156.47M | $234.06M | $203.04M | $238.82M | $209.01M | $229.35M | $200.68M | $239.41M | $209.79M | $234.93M | $203.51M | $237.23M | $220.50M | $216.87M | $199.73M | $225.84M | $221.64M | $218.67M | $215.89M | $260.95M | $23.57M | $449.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.62% | 1.11% | 1.89% | 0.57% | 1.58% | 0.70% | -0.93% | 1.32% | 1.05% | 0.50% | 0.48% | 0.85% | 1.22% | 1.57% | 1.36% | 0.84% | 0.65% | 11.20% | 0.42% |
1 analysts predict TAC's average Quarter EBITDA for Jun 23 to be $203.04M, with a high of $203.04M and a low of $203.04M. This is -67.57% lower than TransAlta's previous annual EBITDA (Mar 23) of $626.00M.
TransAlta Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 20 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $294.00M | $-82.00M | $96.00M | $-59.00M | $186.00M | $-35.00M | $-446.00M | $-2.00M | $-30.00M | $-148.00M | $-126.00M | $-50.00M | $37.00M | $76.00M | $61.00M | $10.00M | $-65.00M | $75.00M | - |
| Avg Forecast | $24.96M | $63.79M | $2.81M | $74.89M | $31.56M | $42.85M | $26.62M | $-276.35M | $38.35M | $115.37M | $30.86M | $-250.39M | $-507.68M | $97.16M | $35.85M | $-210.29M | $21.39M | $41.23M | $134.36K | $-192.21M | $-28.60M | $-20.36M | $-39.47M | $88.91M | $-20.57M | $-26.05M | $27.39M | $-8.72M | $827.02M | $36.40M |
| High Forecast | $24.96M | $63.79M | $2.81M | $74.89M | $31.56M | $42.85M | $26.75M | $-221.08M | $38.35M | $116.92M | $30.86M | $-200.32M | $-406.15M | $97.16M | $35.85M | $-168.23M | $21.39M | $41.23M | $134.36K | $-153.76M | $-28.60M | $-20.36M | $-39.47M | $106.70M | $-20.57M | $-26.05M | $32.87M | $-8.72M | $992.42M | $44.49M |
| Low Forecast | $24.96M | $63.79M | $2.81M | $74.89M | $31.56M | $42.85M | $26.50M | $-331.61M | $38.35M | $113.83M | $30.86M | $-300.47M | $-609.22M | $97.16M | $35.85M | $-252.34M | $21.39M | $41.23M | $134.36K | $-230.65M | $-28.60M | $-20.36M | $-39.47M | $71.13M | $-20.57M | $-26.05M | $21.91M | $-8.72M | $661.61M | $28.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -1.17% | 0.16% | 0.99% | -1.65% | -0.88% | -1.64% | -10.82% | -14.89% | 0.16% | 5.17% | 6.19% | 1.27% | 0.42% | -3.69% | -2.34% | 0.37% | 7.45% | 0.09% | - |
TransAlta's average Quarter net income forecast for Jun 23 is $30.86M, with a range of $30.86M to $30.86M. TAC's average Quarter net income forecast represents a -89.51% decrease compared to the company's last Quarter net income of $294.00M (Mar 23).
TransAlta SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 20 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $64.00M | $83.00M | $66.00M | $56.00M | $58.00M | $124.00M | $131.00M | $151.00M | $105.00M | $118.00M | $114.00M | $112.00M | $128.00M | $127.00M | $114.00M | $130.00M | $104.00M | $133.00M | $125.00M |
| Avg Forecast | $48.25M | $47.40M | $42.27M | $50.31M | $46.37M | $48.87M | $56.36M | $967.21M | $38.06M | $56.93M | $49.38M | $58.09M | $50.83M | $46.92M | $41.06M | $48.98M | $42.92M | $48.06M | $41.64M | $48.53M | $45.11M | $44.37M | $40.86M | $307.59M | $45.34M | $44.74M | $356.07M | $53.39M | $6.03M | $300.32M |
| High Forecast | $48.25M | $47.40M | $42.27M | $50.31M | $46.37M | $48.87M | $56.36M | $1.16B | $38.06M | $56.93M | $49.38M | $58.09M | $50.83M | $46.92M | $41.06M | $48.98M | $42.92M | $48.06M | $41.64M | $48.53M | $45.11M | $44.37M | $40.86M | $369.11M | $45.34M | $44.74M | $427.29M | $53.39M | $7.23M | $360.38M |
| Low Forecast | $48.25M | $47.40M | $42.27M | $50.31M | $46.37M | $48.87M | $56.36M | $773.77M | $38.06M | $56.93M | $49.38M | $58.09M | $50.83M | $46.92M | $41.06M | $48.98M | $42.92M | $48.06M | $41.64M | $48.53M | $45.11M | $44.37M | $40.86M | $246.08M | $45.34M | $44.74M | $284.86M | $53.39M | $4.82M | $240.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.63% | 1.41% | 1.36% | 1.18% | 2.89% | 2.73% | 3.63% | 2.16% | 2.62% | 2.57% | 2.74% | 0.42% | 2.80% | 2.55% | 0.37% | 1.95% | 22.07% | 0.42% |
TransAlta's average Quarter SG&A projection for Jun 23 is $49.38M, based on 1 Wall Street analysts, with a range of $49.38M to $49.38M. The forecast indicates a -22.84% fall compared to TAC last annual SG&A of $64.00M (Mar 23).
TransAlta EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 20 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $1.10 | $-0.30 | $0.35 | $-0.22 | $0.69 | $-0.13 | $-1.68 | $-0.04 | $-0.11 | $-0.55 | $-0.50 | $-0.22 | $0.10 | $0.27 | $0.18 | $0.04 | $-0.23 | $0.23 | - |
| Avg Forecast | $0.08 | $0.22 | $0.01 | $0.25 | $0.11 | $0.14 | $0.09 | $0.15 | $0.13 | $0.39 | $0.10 | $0.24 | $0.46 | $0.32 | $0.12 | $0.09 | $0.07 | $0.14 | - | $0.07 | $-0.09 | $-0.07 | $-0.13 | $-0.07 | $-0.07 | $-0.09 | $-0.11 | $-0.03 | $0.22 | $0.12 |
| High Forecast | $0.08 | $0.22 | $0.01 | $0.25 | $0.11 | $0.14 | $0.09 | $0.15 | $0.13 | $0.39 | $0.10 | $0.24 | $0.46 | $0.32 | $0.12 | $0.09 | $0.07 | $0.14 | - | $0.07 | $-0.09 | $-0.07 | $-0.13 | $-0.07 | $-0.07 | $-0.09 | $-0.11 | $-0.03 | $0.27 | $0.15 |
| Low Forecast | $0.08 | $0.22 | $0.01 | $0.25 | $0.11 | $0.14 | $0.09 | $0.15 | $0.13 | $0.38 | $0.10 | $0.24 | $0.46 | $0.32 | $0.12 | $0.09 | $0.07 | $0.14 | - | $0.07 | $-0.09 | $-0.07 | $-0.13 | $-0.07 | $-0.07 | $-0.09 | $-0.11 | $-0.03 | $0.18 | $0.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 4.66% | -0.66% | 1.09% | -1.86% | 7.29% | -1.84% | -12.35% | -90.20% | -1.52% | 5.81% | 7.44% | 1.69% | -1.37% | -3.98% | -2.09% | -0.31% | 7.99% | 1.05% | - |
According to 1 Wall Street analysts, TransAlta's projected average Quarter EPS for Jun 23 is $0.10, with a low estimate of $0.10 and a high estimate of $0.10. This represents a -90.52% decrease compared to TAC previous annual EPS of $1.10 (Mar 23).