TRGP Stock Analysis: Buy, Sell, or Hold?
TRGP - Targa Resources Corp.
$268.72
4.21 (1.59%)
▲
5d:
+2.44%
30d:
-0.56%
90d:
+12.0%
BUY
HIGH Confidence
Analysis Updated: Jun 23, 2026 12:00 AM ET
Earnings: Aug 06, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
✅ BUY SIGNAL: TRGP shows strong fundamentals and good volume confirmation. Solid entry point despite oversold pricing.
✅ BUY SIGNAL: TRGP shows strong fundamentals and good volume confirmation. Solid entry point despite oversold pricing.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$343.92
Based on 6.2% avg growth
INTRINSIC VALUE TODAY
$213.55
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 20.7x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: TRGP is currently trading at $268.72, which is considered oversold relative to its 30-day fair value range of $259.07 to $271.72. The stock's valuation (Forward PE: 21.8) is in line with its historical norms (20.7). At these levels, the market is pricing in 1.8% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, TRGP is in a strong uptrend. The price is approaching resistance at $269.11. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, TRGP is in a strong uptrend. The price is approaching resistance at $269.11. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$259.07 -
$271.72
Company Quality Score
58/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
75.7%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (55/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($285.33)
- NEUTRAL: Market pricing in 1.8% annual earnings growth - fairly valued
Trading Range Analysis
30-Day Trading Range
$259.07 -
$271.72
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$252.97
Resistance Level
$269.11
Current Trend
Strong Uptrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
21.84
Wall Street Target
$285.33
(+6.2%)
Revenue Growth (YoY)
-10.2%
Earnings Growth (YoY)
142.9%
Profit Margin
12.9%
Valuation Premium vs History
+1.8% premium
PE vs Historical
21.8 vs 20.7
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+1.8%
(market-implied from PE analysis)
1-Year Target
$273.56
(+2%)
2-Year Target
$278.48
(+4%)
3-Year Target
$283.49
(+6%)
3-Yr Target (if PE normalizes)
(PE: 22→21)
PE COMPRESSION
$268.73
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: 8.4%)
$342.31
(+27%)
Base:
(SPY PE: 21.8, Growth: 8.4%)
$341.41
(+27%)
Bear:
(PE: 18.5, Growth: 8.4%)
$290.20
(+8%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (27x PE), but valuation improves significantly next year (22x PE) as earnings recover.
Trailing PE: 27.02 | Current EPS (TTM): $9.79
Bull Case
$365.72
(+36%)
Analyst growth 25.7%, PE expands to 29.7
Base Case
$332.47
(+24%)
Market implied 25.7%, PE stable at 27.0
Bear Case
$179.87
(-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: June 23, 2026 6:02 PM ET
Data refreshes hourly during market hours. Next update: 7:02 PM
Data refreshes hourly during market hours. Next update: 7:02 PM
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Technical Signals Check
Is TRGP showing a specific setup today?
Insider Activity (6 Months)
1
Buys
7
Sells
Net
INSIDERS SELLING
Recent Transactions
Robert Muraro
SELL
24589 shares
2026-03-05
Patrick J Mcdonie
SELL
31537 shares
2026-03-02
Lindsey Cooksen
SELL
435 shares
2026-02-26
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