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TC Energy (TRP) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TRP Stock Forecast

TC Energy (TRP) stock forecast, based on 28 Wall Street analysts, predicts a 12-month average price target of $51.28, with a high of $58.09 and a low of $45.00. This represents a 8.83% increase from the last price of $47.12.

$35 $40 $45 $50 $55 $60 High: $58.09 Avg: $51.28 Low: $45 Last Closed Price: $47.12

TRP Stock Rating

TC Energy stock's rating consensus is Buy, based on 28 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 15 Buy (53.57%), 12 Hold (42.86%), 1 Sell (3.57%), and 0 Strong Sell (0.00%).

Buy
Total 28 1 12 15 Strong Sell Sell Hold Buy Strong Buy

TRP Price Target Upside V Benchmarks

TypeNameUpside
StockTC Energy8.83%
SectorEnergy Stocks 24.15%
IndustryOil & Gas Midstream Stocks 3.86%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$45.00
Last Closing Price$47.12$47.12$47.12
Upside/Downside---4.50%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 256410-323
Jan, 256410-323
Dec, 246410-323
Nov, 246310-322
Oct, 2464121326
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Stewart GlickmanCFRA$45.00$42.106.89%-4.50%
Feb 14, 2022Robert HopeScotiabank$57.29$51.6710.88%21.58%
Feb 02, 2022Jeremy TonetJ.P. Morgan$54.91$50.728.26%16.53%
Jan 13, 2022Michael LapidesGoldman Sachs$45.00$50.27-10.48%-4.50%
Dec 16, 2021Ned BaramovWells Fargo$50.13$44.6212.35%6.39%
Dec 03, 2021Robert KadMorgan Stanley$58.09$44.7829.72%23.28%
Nov 30, 2021Theresa ChenBarclays$50.13$45.669.79%6.39%
Nov 15, 2021Shneur GershuniUBS$50.93$48.245.58%8.09%
May 10, 2021Steve FleishmanWolfe Research$50.00$48.453.20%6.11%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 14, 2025TD SecuritiesBuyinitialise
Jan 07, 2025National BankOutperformOutperformhold
Oct 22, 2024CIBCNeutralNeutralhold
Oct 15, 2024BarclaysOverweightOverweighthold
Oct 09, 2024ScotiabankOutperformOutperformhold
Oct 03, 2024RBC CapitalOutperformOutperformhold
Oct 01, 2024Wells FargoOverweightOverweighthold
Sep 30, 2024JefferiesHoldHoldhold
Sep 30, 2024UBSBuyupgrade
Aug 23, 2024National BankOutperformOutperformhold

Financial Forecast

EPS Forecast

$0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.74$1.87$0.64$2.75-----
Avg Forecast$3.70$3.91$3.87$3.88$4.19$3.84$4.12$4.43$4.74
High Forecast$3.44$3.64$3.78$3.83$4.01$3.65$3.99$4.27$4.60
Low Forecast$3.93$4.16$3.95$3.93$4.51$4.13$4.32$4.58$4.88
Surprise %28.11%-52.17%-83.46%-29.12%-----

Revenue Forecast

$12B $14B $16B $17B $19B $21B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$13.00B$13.39B$14.98B$15.03B-----
Avg Forecast$13.07B$13.92B$14.82B$15.89B$16.03B$14.84B$15.85B$15.96B$20.17B
High Forecast$12.36B$13.16B$14.55B$15.64B$15.85B$14.63B$15.80B$15.79B$19.71B
Low Forecast$13.70B$14.59B$15.07B$16.11B$16.26B$15.06B$15.90B$16.13B$20.61B
Surprise %-0.55%-3.84%1.03%-5.44%-----

Net Income Forecast

$500M $2B $3B $4B $5B $6B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.62B$1.96B$748.00M$2.92B-----
Avg Forecast$4.29B$1.87B$3.65B$2.83B$4.38B$3.96B$4.26B$4.56B$4.89B
High Forecast$3.43B$1.12B$2.92B$2.26B$4.13B$3.76B$4.11B$4.40B$4.74B
Low Forecast$5.15B$2.63B$4.37B$3.39B$4.64B$4.25B$4.45B$4.72B$5.02B
Surprise %7.54%4.34%-79.48%3.29%-----

TRP Forecast FAQ

Is TC Energy stock a buy?

TC Energy stock has a consensus rating of Buy, based on 28 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 15 Buy, 12 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that TC Energy is a favorable investment for most analysts.

What is TC Energy's price target?

TC Energy's price target, set by 28 Wall Street analysts, averages $51.28 over the next 12 months. The price target range spans from $45 at the low end to $58.09 at the high end, suggesting a potential 8.83% change from the previous closing price of $47.12.

How does TC Energy stock forecast compare to its benchmarks?

TC Energy's stock forecast shows a 8.83% upside, underperforming the average forecast for the energy stocks sector (24.15%) and outperforming the oil & gas midstream stocks industry (3.86%).

What is the breakdown of analyst ratings for TC Energy over the past three months?

  • February 2025: 26.09% Strong Buy, 17.39% Buy, 43.48% Hold, 0% Sell, 13.04% Strong Sell.
  • January 2025: 26.09% Strong Buy, 17.39% Buy, 43.48% Hold, 0% Sell, 13.04% Strong Sell.
  • December 2024: 26.09% Strong Buy, 17.39% Buy, 43.48% Hold, 0% Sell, 13.04% Strong Sell.

What is TC Energy’s EPS forecast?

TC Energy's average annual EPS forecast for its fiscal year ending in December is $4.19 for 2024, a 52.36% increase from the reported $2.75 in 2023. The prediction for 2025 is $3.84, $4.12 for 2026, $4.43 for 2027, and $4.74 for 2028.

What is TC Energy’s revenue forecast?

TC Energy's average annual revenue forecast for its fiscal year ending in December is $16.03B for 2024, a 6.69% increase from the reported $15.03B in 2023. The forecast for 2025 is $14.84B, $15.85B for 2026, $15.96B for 2027, and $20.17B for 2028.

What is TC Energy’s net income forecast?

For its fiscal year ending in December, TC Energy's average annual net income forecast is $4.38B for 2024, reflecting an 50.06% increase from the reported $2.92B in 2023. The projection for 2025 is $3.96B, $4.26B for 2026, $4.56B for 2027, and $4.89B for 2028.