Targa Resources (TRGP) Stock: Buy, Sell, or Hold?
$291.78
+10.46 (+3.72%)
▲
5d:
+2.38%
30d:
-0.43%
90d:
+9.33%
QUANTITATIVE VERDICT
WAIT
LOW Confidence (83%)
Quality Score
51/100
Position
OVERSOLD
30-Day Fair Range
$279.57 – $302.37
Position: OVERSOLD
Forward P/E & Valuation
23.6x
FAIR
vs 21.8x historical avg
Wall Street Target
$331.00
+13.4% upside
Options IV & Volume
HIGH Vol
HIGH volume confirmation
Support / Resistance
$261.25 / $316.60
Trend: Uptrend
Executive Thesis & Bottom Line
Forward Earnings Fair Value & Price Prediction →
📊 MIXED SIGNALS: TRGP shows conflicting indicators. Wait for confirmation before entering.
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Interactive Price Chart (1 Month)
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Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$328.16
Based on 4.1% avg growth
INTRINSIC VALUE TODAY
$203.76
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 21.8x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: TRGP is currently trading at $291.78, which is considered oversold relative to its 30-day fair value range of $279.57 to $302.37. The stock's valuation (Forward PE: 23.6) is in line with its historical norms (21.8). At these levels, the market is pricing in 2.8% 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 uptrend. Immediate support is located at $261.25, while resistance sits at $316.60. The stock is showing strong short-term momentum, up 3.7% recently.
Market Sentiment: The stock scores a mixed 50/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $331.00 (+13.4%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, TRGP is in a uptrend. Immediate support is located at $261.25, while resistance sits at $316.60. The stock is showing strong short-term momentum, up 3.7% recently.
Market Sentiment: The stock scores a mixed 50/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $331.00 (+13.4%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$279.57 -
$302.37
Company Quality Score
51/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
82.9%
Trading Range & Key Levels
30-Day Trading Range
$279.57 -
$302.37
Current vs Trading Range
OVERSOLD
Support Level
$261.25
Resistance Level
$316.60
Current Trend
Uptrend
Technical data as of
Nov 11, 2026
Quantitative Signal Breakdown
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (50/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+3.7%)
- BULLISH: Trading below Wall St target ($331.00)
- NEUTRAL: Market pricing in 2.8% annual earnings growth - fairly valued
- WARNING: Composite score 51/100 in the bottom quintile — this cohort historically lags the market
Fundamental Context
Forward P/E (Next Year Est.)
23.64
Wall Street Target
$331.00
(+13.4%)
Revenue Growth (YoY)
34.9%
Earnings Growth (YoY)
38.2%
Profit Margin
13.5%
Valuation Premium vs History
+2.8% premium
PE vs Historical
23.6 vs 21.8
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+2.8%
(market-implied from PE analysis)
1-Year Target
$299.95
(+3%)
2-Year Target
$308.35
(+6%)
3-Year Target
$316.98
(+9%)
3-Yr Target (if PE normalizes)
(PE: 24→22)
PE COMPRESSION
$292.31
(+0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 23.6, Growth: 4.1%)
$329.41
(+13%)
Base:
(SPY PE: 19.9, Growth: 4.1%)
$276.74
(-5%)
Bear:
(PE: 16.9, Growth: 4.1%)
$235.23
(-19%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (25x PE), but valuation improves significantly next year (24x PE) as earnings recover.
Trailing PE: 24.90 | Current EPS (TTM): $11.30
Bull Case
$338.01
(+16%)
Analyst growth 9.2%, PE expands to 27.4
Base Case
$307.28
(+5%)
Market implied 9.2%, PE stable at 24.9
Bear Case
$191.30
(-34%)
Severe decline -20.0%, PE contracts to 21.2
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
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bloggers & journalists: you are free to use our charts with attribution.Reddit & Retail Trader Sentiment (TRGP)
Bullish
2 Retail Mentions
Reddit / WSB Comments
1
Bearish
StockTwits Volume
1 msgs
24h retail stream
Last Tracked
Sep 29, 2026
Daily AI digest
AI Retail Discussion Summary:
Targa Resources Corp. ($TRGP) has outperformed the energy sector with a 64.3% increase in shares over the past year, driven by its integrated midstream energy infrastructure network and fee-based revenues. The Zacks Consensus Estimate for 2026 earnings is $11.32 per share, indicating 33.3% year-over-year growth.
Key Retail Themes:
Outperformance of the energy sector
Positive earnings estimate
Aggregated from r/wallstreetbets, r/stocks & StockTwits streams.
View All Trending Reddit & WSB Stocks →
Last updated: November 12, 2026 9:00 AM ET
Data refreshes hourly during market hours. Next update: 10:00 AM
Data refreshes hourly during market hours. Next update: 10:00 AM
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Technical Signals Check
Is TRGP showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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