Targa Resources (TRGP.US) Price Target and Rating 2026/2027

269,08
3,45%
Price history for Targa Resources (TRGP.US) – stock price at 269.08 $, August 2026
Targa Resources stock price – price development 2026. Updated Aug 6, 2026.
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Targa Resources Price Target 2026: Analysts See 10% Upside

The average price target for Targa Resources is $297.29. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 10,48% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Targa Resources overvalued or undervalued?

Targa Resources is currently undervalued with a gap of 10.5% relative to the price target.


The current price is $269.08, which places Targa Resources in the undervalued category. The stock is considered undervalued when the price is below $267.56, and overvalued when the price exceeds $327.02.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Targa Resources, the fair value range lies between $267.56 and $327.02.


See the full price target analysis for Targa Resources →

Analyst Ratings for Targa Resources stock in 2026: Buy

22 analysts cover Targa Resources. There is broad agreement on a positive view — 86.4% recommend buying. The average price target is $297.29, which gives an upside of 10.5% from the current price.

Consensus: Buy (4.45/5)
Strong Buy
13 (59.1%)
Buy
6 (27.3%)
Hold
3 (13.6%)
Strong Sell Sell Hold Buy Strong Buy
4.45 out of 5 based on 22 analysts

About Targa Resources – Olie & gas | midstream

Targa Resources Corp. driver en stor portefølje af midstream-aktiver i Nordamerika. De tjener primært penge på at håndtere naturgas og naturgasvæsker (NGL). Targa Resources er kendt for at samle, behandle og transportere naturgas, men de står også for opbevaring og fraktionering af NGL. De sælger for eksempel NGL-produkter og leverer logistik til dem, der eksporterer flydende petroleumsgas. Virksomheden driver to hovedområder: Indsamling og Behandling samt Logistik og Transport. Targa Resources Corp. hjælper også raffinaderier og petrokemiske selskaber ved Den Mexicanske Golf med transportløsninger. De har over 2.500 ansatte og blev grundlagt i 2005. Read more about the company

Key Figures for Targa Resources

$ 56,4B Market cap
$ 16,6B Revenue
Olie & gas | midstream Industry
27.45 P/E
3.41 P/S
18.50 P/B
USA Listed on exchange
Energi Sector

What kind of stock is Targa Resources?

Growth stock Quality stock Momentum stock

Targa Resources is classified as a growth stock and quality stock and momentum stock. This means the stock combines several attractive traits, strong financial health (Piotroski 7/9), and strong price momentum.

Score Overview for Targa Resources

💰 Value Score 38/100 (Low)
⭐ Quality Score 75/100 (High)
🚀 Momentum Score 77/100 (High)
📊 Total Score 63/100

⚠️ 2 red flags identified 1 critical

Our analysis has identified 2 potential risk factors in Targa Resources that investors should be aware of.

🚨 High debt: The debt-to-equity ratio is 707% – the company carries considerably more debt than equity, which raises the financial risk.
⚠️ Weak balance sheet (elevated risk): Altman Z2 is 1.06 – the balance sheet is measurably weaker than average. This is a risk signal based on the numbers, not a bankruptcy prediction.

📈 Valuation

Targa Resources trades at a P/E ratio of 27.5, which is above the market average. The forward P/E is 24.7 (10% lower), which suggests the market expects rising earnings. The P/S ratio is 3.4. The P/B ratio is 18.5. The PEG ratio is 1.23.

💵 Profitability & Growth

Targa Resources has a profit margin of 12.9% (solid) and an operating margin of 20.9%. Return on equity (ROE) is 74.1% — excellent return on equity. Return on assets (ROA) is 9.1%. The latest quarterly earnings grew 142.9% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 7 out of 9 — good financial health. Altman Z2 is 1.06 (weak balance sheet — elevated risk). The debt-to-equity ratio (D/E) is 706.5% — high debt, which raises the risk.

🚀 Momentum & Short Interest

Short interest is 2.27%.

Targa Resources Dividend 2026: 1.6% Dividend Yield

Dividend Key Figures for Targa Resources in 2026

Dividend yield
1.61%
Dividend per share
1.25 USD
Payout ratio
58.8%
Healthy
Dividend growth (5 years)
+483.3%
Avg. annual dividend (3 years)
2.12 USD

When does Targa Resources pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
July 31, 2026
Next dividend payment
August 14, 2026
Latest payment date
August 14, 2026

How much does Targa Resources pay in dividends?

Targa Resources pays dividends to its shareholders. The most recently paid dividend was 1.25 USD per share, which corresponds to a dividend yield of 1.61%. Over the last 5 years, the annual dividend has grown by 483.3%, which shows positive dividend growth.

The payout ratio is 58.8%, which is considered healthy and sustainable. The company balances rewarding shareholders with reinvesting in growth.

Historical Dividend Payments for Targa Resources

We have registered dividend payments for Targa Resources since 2020-04-30. In that period the stock has paid a dividend 31 times, most recently on 2026-07-31. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrencyPeriod
2026-07-312026-08-141.25USDUnknown period
2026-04-302026-05-151.25USDUnknown period
2026-04-302026-05-151.25USDUnknown period
2026-04-302026-05-151.25USDUnknown period
2026-04-302026-05-151.25USDUnknown period
2026-04-302026-05-151.25USDUnknown period
2026-04-302026-05-151.25USDUnknown period
2026-04-302026-05-151.25USDUnknown period
2026-04-302026-05-151.25USDUnknown period
2026-01-302026-02-131.00USDUnknown period
2025-04-302025-05-151.00USDUnknown period
2025-01-312025-02-140.75USDUnknown period
2024-10-312024-11-150.75USDUnknown period
2024-07-312024-08-150.75USDUnknown period
2024-04-292024-05-150.75USDUnknown period
2024-01-302024-02-150.50USDUnknown period
2023-10-302023-11-150.50USDUnknown period
2023-07-282023-08-150.50USDUnknown period
2023-04-272023-05-150.50USDUnknown period
2023-01-302023-02-150.35USDUnknown period
2022-10-282022-11-150.35USDUnknown period
2022-07-282022-08-150.35USDUnknown period
2022-04-282022-05-160.35USDUnknown period
2022-01-282022-02-150.35USDUnknown period
2021-10-282021-11-150.10USDUnknown period
2021-07-292021-08-160.10USDUnknown period
2021-04-292021-05-140.10USDUnknown period
2021-01-292021-02-160.10USDUnknown period
2020-10-292020-11-160.10USDUnknown period
2020-07-302020-08-170.10USDUnknown period
2020-04-302020-05-150.10USDUnknown period

Insider Trading in Targa Resources 2026: The Signal Is negative

In 2026, insiders at Targa Resources have made 20 transactions, all of which were sales. On a net basis, insiders took 63,351,144 $ out of the stock. Active insiders include Shrader Gerald R, Eklof John Christopher, Branstetter Benjamin James and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 4 sales. A net 3,698,375 $ out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net 63,351,144 $ out of the stock.

Latest sale: Shrader Gerald R sold 1,718 shares at 270 $ each on 2026-08-01.

Who is selling: Shrader Gerald R, Eklof John Christopher, Branstetter Benjamin James, CRISP CHARLES R, Robert Muraro and others.

Latest Insider Trades in Targa Resources (2026)

The table shows the last 20 reported insider transactions in Targa Resources. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-08-01 Shrader Gerald R Sell 1,718 270 464,496
2026-08-01 Eklof John Christopher Sell 578 270 156,274
2026-08-01 Branstetter Benjamin James Sell 1,346 270 363,918
2026-05-12 CRISP CHARLES R Sell 10,602 256 2,713,688
2026-03-05 Robert Muraro Sell 24,589 241 5,934,309
2026-03-05 Muraro Robert Sell 24,589 241 5,934,309
2026-03-02 Patrick J Mcdonie Sell 31,537 239 7,548,696
2026-03-02 McDonie Patrick J. Sell 30,421 240 7,308,645
2026-03-02 Branstetter Benjamin James Sell 3,158 239 754,730
2026-03-01 Branstetter Benjamin James Sell 3,542 236 835,204

Who is buying and selling Targa Resources shares in 2026?

The following insiders have sold shares: Shrader Gerald R, Eklof John Christopher, Branstetter Benjamin James, CRISP CHARLES R, Robert Muraro and others. In total, 63,351,144 $ was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Targa Resources Short Selling 2026: 2.3% Sold Short

Moderate short interest: 2.3% of the free float
Short % of free float
2.3%
Assessment
Moderate short interest
Short squeeze risk
Low
Data source
SEC
Updated daily
The stock has a moderate share of short selling. Between 2-5% of the freely traded shares are sold short, which is within the normal range for most stocks.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
2.3%

Targa Resources Earnings – ⚡ Reporting TODAY 8/6/2026

The next earnings date for Targa Resources is not yet available. Check the company's investor calendar for more information.



Technical Analysis of Targa Resources 2026 – Signal: Buy

Overall Technical Signal: Buy

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Targa Resources (TRGP.US) – RSI 41, MACD negative (bearish), daily candlestick chart August 2026
Targa Resources technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Targa Resources Corp

Targa Resources Corp is in a short-term downtrend. The price of $260.11 is 4.8% below the 20-day average ($273.12). Medium term, the picture is negative: the price is 2.9% below the 50-day average ($267.87). Long term, the stock is 17.1% above the 200-day average ($222.21), which confirms a long-term uptrend.

Golden Cross: The 50-day average (267.87) is above the 200-day average (222.21), which is a classic bullish signal for Targa Resources Corp.

Is Targa Resources Corp overbought or oversold?

Targa Resources Corp has an RSI of 41.0. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold.

MACD Analysis for Targa Resources Corp

Daily MACD: MACD is negative (-1.530), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (0.607) by 2.137, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is positive (17.333), which indicates a broader bullish long-term trend. MACD5 is below the signal line (19.259) by 1.926, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The long-term trend is bullish, but the short-term trend is bearish. Short-term momentum is still falling – a deeper pullback is possible.

Risk Profile for Targa Resources Corp

Targa Resources Corp has an annual standard deviation of 27.7%, which classifies the stock as moderately low risk. There is some volatility, but the price is relatively stable.

Overall Technical Conclusion for Targa Resources Corp

Trend: Positive. The price trades above SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-1.530). Weekly bullish (17.333).

MACD momentum (signal): Daily falling. Weekly falling.

RSI: 41.0 – neutral.

Technical signal: Buy

The broader trend is positive and MACD supports the picture. Consider buying with a stop-loss below the nearest support level.

Frequently Asked Questions About Targa Resources stock in 2026

Should you buy Targa Resources stock now?
Yes, the technical signal for Targa Resources is currently BUY. Targa Resources trades at $269.08 as of 8/6/2026. The overall technical signal is: Buy. The technical analysis shows the following: MACD is negative (bearish trend) at -1.530 with falling momentum (signal: 0.607); RSI is at 41.0 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $297.29 points to 10.5% upside. The stock is in a broader uptrend (above SMA50/SMA200). This is a technical observation based on current data, not investment advice.
What is the price target for Targa Resources stock?
The average analyst price target for Targa Resources is $297.29. The current price is $269.08, which gives an upside of 10.5%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $267.56 and $327.02.
Is Targa Resources a dividend stock?
Yes, Targa Resources is a dividend stock with a dividend yield of 1.61%. The latest dividend was $1.25 per share. The latest ex-dividend date (traded without the dividend) was 7/31/2026. The payout ratio is 58.8%, which is considered moderate. The next dividend payment is scheduled for 8/14/2026.
When does Targa Resources pay a dividend in 2026?
Targa Resources pays its next dividend on 8/14/2026. The latest dividend was $1.25 per share with an ex-dividend date of 7/31/2026. The dividend yield is 1.61%. The payout ratio of 58.8% points to moderate dividend coverage.
What is the risk of Targa Resources stock?
Targa Resources is rated as a stock with moderately low risk. the annual standard deviation is 27.7%, which classifies the stock as moderately low risk.
Is Targa Resources overvalued?
No, Targa Resources is considered undervalued based on the analyst price target (10.5% upside). Targa Resources has the following valuation ratios: a P/E ratio of 27.5 (moderately to highly valued), a P/S ratio of 3.4, a P/B ratio of 18.5. The analyst price target suggests that the stock is undervalued by 10.5%.
Is Targa Resources overbought?
No, Targa Resources is not overbought. RSI is at 41.0 (neutral zone). The technical indicators show: RSI is at 41.0 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 1.5% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish).
When is the next Targa Resources earnings report?
Targa Resources reports earnings TODAY, August 6, 2026! The stock currently trades at $269.08. Watch how the price reacts after the release. With a P/E ratio of 27.5, the market will be watching closely whether earnings meet expectations.
Is Targa Resources shorted?
Yes, Targa Resources is shorted with 2.3% of the free float sold short. This is a moderate level of short selling, within the normal range for most stocks. Data is updated daily based on official filings with the SEC.
Are insiders buying Targa Resources stock?
No, insiders are not buying Targa Resources shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 4 sales. On a net basis, 3,698,375 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 63,351,144 $ sold. Active sellers include Shrader Gerald R, Eklof John Christopher, Branstetter Benjamin James and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Targa Resources a good stock?
Based on our total score, Targa Resources is rated as a good stock with a total score of 63 out of 100. The stock scores above average on value, quality and momentum – it is among the top 37% in our database. The score is made up of Value: 38/100, Quality: 75/100, Momentum: 77/100. In addition: analysts see 10.5% upside to the price target; a dividend of 1.61%; technical signal: Buy. Whether Targa Resources is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Targa Resources stock?
The outlook for Targa Resources based on current data: the average analyst price target is $297.29 (+10.5%); the stock is in an uptrend (above SMA50 and SMA200); the next earnings report is due on 8/6/2026, which can move the price; the P/E ratio is 27.5 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Targa Resources stock moving?
Targa Resources is stable right now. The technical indicators show: the price is close to the 20-day average; MACD is negative with falling momentum (bearish signal); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can Targa Resources go?
The average analyst price target for Targa Resources is $297.29, which corresponds to a potential gain of 10.5% from the current price of $269.08. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Targa Resources fall?
We lack enough history to give a specific floor for Targa Resources. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Targa Resources do?
Targa Resources Corp. driver en stor portefølje af midstream-aktiver i Nordamerika. De tjener primært penge på at håndtere naturgas og naturgasvæsker (NGL). Targa Resources er kendt for at samle, behandle og transportere naturgas, men de står også for opbevaring og fraktioneri... The company belongs to the Energi sector, more specifically the Olie & gas | midstream industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Targa Resources as an investment.
Did Targa Resources raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Targa Resources. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Targa Resources making money or losing money?
Yes, Targa Resources is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 12.9% — which is solid. The operating margin (profit before interest and taxes) is 20.9%. At a P/E ratio of 27.5, you currently pay 27.5 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Targa Resources go bankrupt?
The bankruptcy risk of Targa Resources is rated as elevated. Altman Z2 (a model for assessing financial distress) is 1.06 — that places the company in the weak zone. This is a probability based on the numbers, not a verdict — bankruptcy is not imminent. But the balance sheet is measurably weaker than average, so watch the debt, liquidity and possible capital raises. The Piotroski score (financial health 0-9, higher is better) is 7 — which is strong. Debt relative to equity is 707% (high). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Targa Resources have a lot of debt?
Yes, Targa Resources has elevated debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 707%. For the energi sector, anything above 150% counts as elevated — that raises the financial risk, especially if interest rates rise or earnings fall. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can Targa Resources service its debt? Can service its debt, but it weighs on the company — the interest coverage ratio (how many times earnings can cover interest payments) is 2.7x, and net debt equals 3.7 years of earnings (EBITDA).