TC Energy (TRP) Stock Forecast, Price Target & Predictions
TRP Stock Forecast
TC Energy stock forecast is as follows: an average price target of $51.28 (represents a 10.56% upside from TRP’s last price of $46.38) and a rating consensus of 'Buy', based on 24 wall street analysts offering a 1-year stock forecast.
TRP Price Target
TRP Analyst Ratings
TC Energy Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 05, 2024 | Stewart Glickman | CFRA | $45.00 | $42.09 | 6.90% | -2.98% |
Feb 14, 2022 | Robert Hope | Scotiabank | $57.29 | $51.67 | 10.88% | 23.53% |
Feb 02, 2022 | Jeremy Tonet | J.P. Morgan | $54.91 | $50.72 | 8.25% | 18.38% |
Jan 13, 2022 | Michael Lapides | Goldman Sachs | $45.00 | $50.27 | -10.48% | -2.98% |
Dec 16, 2021 | Ned Baramov | Wells Fargo | $50.13 | $44.62 | 12.35% | 8.09% |
Dec 03, 2021 | Robert Kad | Morgan Stanley | $58.09 | $44.78 | 29.72% | 25.25% |
Nov 30, 2021 | Theresa Chen | Barclays | $50.13 | $45.66 | 9.79% | 8.09% |
Nov 15, 2021 | Shneur Gershuni | UBS | $50.93 | $48.24 | 5.57% | 9.81% |
May 10, 2021 | Steve Fleishman | Wolfe Research | $50.00 | $48.45 | 3.20% | 7.81% |
TC Energy Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 1 |
Avg Price Target | - | $45.00 | $45.00 |
Last Closing Price | $46.38 | $46.38 | $46.38 |
Upside/Downside | -100.00% | -2.98% | -2.98% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 23, 2024 | National Bank | Outperform | Outperform | Hold |
Aug 19, 2024 | Barclays | Overweight | Overweight | Hold |
Aug 05, 2024 | CFRA | Hold | Hold | Hold |
Aug 02, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
Aug 02, 2024 | National Bank | Outperform | Outperform | Hold |
Aug 02, 2024 | Scotiabank | Outperform | Outperform | Hold |
Jul 15, 2024 | CIBC | Neutral | Neutral | Hold |
Jun 04, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Oct 17, 2023 | Exane BNP Paribas | - | Outperform | Upgrade |
Oct 17, 2023 | Wolfe Research | - | Peer Perform | Downgrade |
TC Energy Financial Forecast
TC Energy Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.17B | $4.04B | $3.80B | $3.64B | $3.50B | $3.58B | $3.24B | $3.18B | $3.38B | $3.30B | $3.19B | $1.71B | $3.42B | $3.26B | $3.13B |
Avg Forecast | $4.61B | $4.39B | $4.14B | $4.41B | $4.75B | $4.24B | $3.98B | $4.30B | $4.33B | $4.04B | $3.80B | $4.22B | $4.21B | $3.84B | $3.72B | $3.84B | $3.77B | $3.51B | $3.20B | $2.65B | $2.60B | $2.50B | $2.51B | $2.82B | $2.70B | $2.42B | $2.36B | $2.54B | $2.83B | $2.67B |
High Forecast | $4.69B | $4.46B | $4.21B | $4.49B | $4.83B | $4.31B | $4.05B | $4.37B | $4.41B | $4.11B | $3.87B | $4.29B | $4.31B | $3.95B | $3.79B | $3.91B | $3.83B | $3.57B | $3.20B | $2.69B | $2.64B | $2.53B | $2.55B | $2.86B | $2.74B | $2.45B | $2.39B | $2.57B | $2.87B | $2.71B |
Low Forecast | $4.54B | $4.32B | $4.07B | $4.34B | $4.67B | $4.17B | $3.91B | $4.22B | $4.26B | $4.00B | $3.74B | $4.15B | $4.11B | $3.73B | $3.66B | $3.78B | $3.71B | $3.45B | $3.20B | $2.60B | $2.55B | $2.45B | $2.47B | $2.76B | $2.65B | $2.37B | $2.31B | $2.49B | $2.78B | $2.62B |
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.56% | 1.07% | 1.08% | 1.14% | 1.32% | 1.38% | 1.30% | 1.27% | 1.20% | 1.22% | 1.32% | 0.73% | 1.35% | 1.15% | 1.17% |
TC Energy EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.21B | $2.65B | $2.44B | $2.33B | $2.43B | $2.67B | $2.15B | $2.38B | $-244.00M | $2.42B | $2.37B | $2.57B | $2.23B | $2.39B | $2.24B |
Avg Forecast | $3.15B | $2.99B | $2.83B | $3.01B | $3.24B | $2.89B | $2.71B | $2.93B | $2.95B | $2.76B | $2.59B | $2.34B | $2.87B | $2.62B | $2.54B | $2.13B | $2.57B | $2.37B | $2.18B | $1.93B | $1.77B | $2.15B | $2.03B | $-228.33M | $2.06B | $2.37B | $1.61B | $1.98B | $2.39B | $2.10B |
High Forecast | $3.20B | $3.05B | $2.87B | $3.06B | $3.30B | $2.94B | $2.76B | $2.98B | $3.01B | $2.80B | $2.64B | $2.81B | $2.94B | $2.70B | $2.58B | $2.55B | $2.61B | $2.84B | $2.18B | $2.32B | $1.80B | $2.58B | $2.44B | $-182.66M | $2.47B | $2.84B | $1.63B | $2.38B | $2.86B | $2.52B |
Low Forecast | $3.09B | $2.94B | $2.78B | $2.96B | $3.19B | $2.84B | $2.67B | $2.88B | $2.90B | $2.73B | $2.55B | $1.87B | $2.80B | $2.55B | $2.50B | $1.70B | $2.53B | $1.89B | $2.18B | $1.55B | $1.74B | $1.72B | $1.63B | $-274.00M | $1.64B | $1.89B | $1.58B | $1.58B | $1.91B | $1.68B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.03% | 1.03% | 1.07% | 1.26% | 1.51% | 1.00% | 1.17% | 1.07% | 1.18% | 1.00% | 1.60% | 1.13% | 1.00% | 1.07% |
TC Energy Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.34B | $-1.42B | $862.00M | $922.00M | $389.00M | $1.16B | $810.00M | $1.01B | $-1.02B | $1.16B | $943.00M | $1.32B | $1.19B | $1.15B | $780.00M |
Avg Forecast | $1.29B | $1.14B | $997.50M | $1.32B | $1.35B | $1.06B | $976.52M | $1.20B | $1.18B | $1.02B | $934.37M | $474.86M | $1.14B | $1.01B | $985.19M | $431.69M | $1.13B | $891.00M | $1.01B | $392.44M | $1.15B | $810.00M | $867.24M | $-953.56M | $988.55M | $943.00M | $1.31B | $1.05B | $1.15B | $732.24M |
High Forecast | $1.32B | $1.16B | $1.02B | $1.35B | $1.38B | $1.08B | $998.06M | $1.23B | $1.21B | $1.07B | $954.97M | $569.83M | $1.24B | $1.05B | $1.01B | $518.02M | $1.16B | $1.07B | $1.01B | $470.93M | $1.38B | $972.00M | $1.04B | $-762.85M | $1.19B | $1.13B | $1.57B | $1.27B | $1.38B | $878.69M |
Low Forecast | $1.26B | $1.11B | $975.50M | $1.29B | $1.32B | $1.04B | $954.98M | $1.18B | $1.16B | $947.63M | $913.75M | $379.88M | $1.08B | $878.87M | $963.46M | $345.35M | $1.11B | $712.80M | $1.01B | $313.95M | $920.00M | $648.00M | $693.79M | $-1.14B | $790.84M | $754.40M | $1.05B | $843.52M | $919.20M | $585.80M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.09% | -1.25% | 0.97% | 0.91% | 0.99% | 1.01% | 1.00% | 1.17% | 1.07% | 1.18% | 1.00% | 1.01% | 1.13% | 1.00% | 1.07% |
TC Energy SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Avg Forecast | $27.29M | $25.97M | $24.50M | $26.09M | $28.11M | $25.08M | $23.53M | $25.41M | $25.62M | $23.90M | $22.49M | $24.96M | $24.90M | $22.72M | $22.02M | $22.74M | $22.29M | $20.74M | $18.90M | $11.66M | $11.43M | $10.97M | $11.05M | $12.39M | $11.86M | $10.63M | $10.37M | $11.16M | $12.46M | $11.75M |
High Forecast | $27.75M | $26.41M | $24.92M | $26.53M | $28.59M | $25.50M | $23.93M | $25.84M | $26.06M | $24.31M | $22.87M | $25.39M | $25.50M | $23.38M | $22.40M | $23.12M | $22.67M | $21.10M | $18.90M | $11.83M | $11.59M | $11.13M | $11.21M | $12.57M | $12.03M | $10.79M | $10.52M | $11.32M | $12.64M | $11.92M |
Low Forecast | $26.82M | $25.53M | $24.08M | $25.65M | $27.63M | $24.65M | $23.13M | $24.98M | $25.19M | $23.64M | $22.10M | $24.54M | $24.31M | $22.07M | $21.65M | $22.35M | $21.91M | $20.39M | $18.90M | $11.44M | $11.21M | $10.76M | $10.84M | $12.15M | $11.63M | $10.43M | $10.17M | $10.94M | $12.22M | $11.53M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
TC Energy EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.29 | $-1.39 | $0.84 | $0.90 | $0.36 | $1.18 | $0.80 | $1.00 | $-1.11 | $1.20 | $0.96 | $1.36 | $1.22 | $1.18 | $0.79 |
Avg Forecast | $1.24 | $1.10 | $0.96 | $1.27 | $1.30 | $1.02 | $0.94 | $1.16 | $1.14 | $0.99 | $0.90 | $1.15 | $1.10 | $0.97 | $0.95 | $1.17 | $1.09 | $0.97 | $0.98 | $1.11 | $1.06 | $1.00 | $0.96 | $1.10 | $1.00 | $0.94 | $0.93 | $1.06 | $1.07 | $1.01 |
High Forecast | $1.27 | $1.12 | $0.98 | $1.30 | $1.33 | $1.05 | $0.96 | $1.18 | $1.16 | $1.03 | $0.92 | $1.18 | $1.20 | $1.01 | $0.97 | $1.19 | $1.12 | $1.00 | $0.98 | $1.13 | $1.08 | $1.01 | $0.97 | $1.12 | $1.02 | $0.95 | $0.95 | $1.08 | $1.09 | $1.02 |
Low Forecast | $1.21 | $1.07 | $0.94 | $1.24 | $1.27 | $1.00 | $0.92 | $1.13 | $1.11 | $0.91 | $0.88 | $1.13 | $1.04 | $0.85 | $0.93 | $1.14 | $1.07 | $0.95 | $0.98 | $1.08 | $1.04 | $0.97 | $0.93 | $1.07 | $0.98 | $0.91 | $0.91 | $1.04 | $1.04 | $0.98 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | -1.27% | 0.86% | 0.92% | 0.33% | 1.11% | 0.80% | 1.05% | -1.01% | 1.20% | 1.02% | 1.46% | 1.15% | 1.10% | 0.79% |
TC Energy Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
TRP | TC Energy | $46.38 | $51.28 | 10.56% | Buy |
ENB | Enbridge | $40.82 | $44.17 | 8.21% | Hold |
EPD | Enterprise Products Partners | $29.52 | $30.50 | 3.32% | Buy |
ET | Energy Transfer LP | $16.02 | $16.00 | -0.12% | Buy |
KMI | Kinder Morgan | $21.56 | $20.57 | -4.59% | Hold |
MPLX | MPLX LP | $43.86 | $38.30 | -12.68% | Buy |
WMB | Williams Companies | $45.53 | $39.00 | -14.34% | Hold |
OKE | ONEOK | $94.66 | $79.00 | -16.54% | Buy |
TRP Forecast FAQ
Is TC Energy a good buy?
Yes, according to 24 Wall Street analysts, TC Energy (TRP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 50.00% of TRP's total ratings.
What is TRP's price target?
TC Energy (TRP) average price target is $51.28 with a range of $45 to $58.09, implying a 10.56% from its last price of $46.38. The data is based on 24 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will TC Energy stock go up soon?
According to Wall Street analysts' prediction for TRP stock, the company can go up by 10.56% (from the last price of $46.38 to the average price target of $51.28), up by 25.25% based on the highest stock price target, and down by -2.98% based on the lowest stock price target.
Can TC Energy stock reach $70?
TRP's average twelve months analyst stock price target of $51.28 does not support the claim that TC Energy can reach $70 in the near future.
What are TC Energy's analysts' financial forecasts?
TC Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $17.27B (high $17.56B, low $16.98B), average EBITDA is $11.78B (high $11.98B, low $11.58B), average net income is $4.59B (high $4.69B, low $4.49B), average SG&A $102.13M (high $103.87M, low $100.4M), and average EPS is $4.42 (high $4.52, low $4.33). TRP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $17.56B (high $17.86B, low $17.26B), average EBITDA is $11.98B (high $12.18B, low $11.77B), average net income is $4.74B (high $4.84B, low $4.64B), average SG&A $103.85M (high $105.61M, low $102.08M), and average EPS is $4.57 (high $4.67, low $4.47).
Did the TRP's actual financial results beat the analysts' financial forecasts?
Based on TC Energy's last annual report (Dec 2022), the company's revenue was $14.98B, beating the average analysts forecast of $13.12B by 14.11%. Apple's EBITDA was $9.86B, beating the average prediction of $9.05B by 8.96%. The company's net income was $748M, missing the average estimation of $3.43B by -78.19%. Apple's SG&A was $0, missing the average forecast of $73.6M by -100.00%. Lastly, the company's EPS was $0.64, missing the average prediction of $4.15 by -84.58%. In terms of the last quarterly report (Mar 2023), TC Energy's revenue was $2.17B, missing the average analysts' forecast of $3.84B by -43.55%. The company's EBITDA was $2.21B, beating the average prediction of $2.13B by 3.92%. TC Energy's net income was $1.34B, beating the average estimation of $431.69M by 209.48%. The company's SG&A was $0, missing the average forecast of $22.74M by -100.00%. Lastly, the company's EPS was $1.29, beating the average prediction of $1.17 by 10.38%