TRGP Stock Analysis: Buy, Sell, or Hold?
TRGP - Targa Resources Corp.
$270.37
2.03 (0.76%)
▲
5d:
-3.9%
30d:
+4.87%
90d:
+3.96%
BUY
HIGH Confidence
Analysis Updated: Jul 31, 2026 12:00 AM ET
Earnings: Aug 06, 2026
2d
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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
$326.74
Based on 5.4% avg growth
INTRINSIC VALUE TODAY
$202.88
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 21.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: TRGP is currently trading at $270.37, which is considered oversold relative to its 30-day fair value range of $265.45 to $281.39. The stock's valuation (Forward PE: 22.6) is in line with its historical norms (21.0). At these levels, the market is pricing in 2.5% 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. Immediate support is located at $259.85, while resistance sits at $291.04.
Market Sentiment: The stock shows a mixed technical setup (40/100), 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. Immediate support is located at $259.85, while resistance sits at $291.04.
Market Sentiment: The stock shows a mixed technical setup (40/100), 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
$265.45 -
$281.39
Company Quality Score
48/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
75.7%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($297.29)
- NEUTRAL: Market pricing in 2.5% annual earnings growth - fairly valued
Trading Range Analysis
30-Day Trading Range
$265.45 -
$281.39
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$259.85
Resistance Level
$291.04
Current Trend
Strong Uptrend
Technical data as of
Jul 31, 2026
Fundamental Context
Forward P/E (Next Year Est.)
22.60
Wall Street Target
$297.29
(+10.0%)
Revenue Growth (YoY)
-10.2%
Earnings Growth (YoY)
142.9%
Profit Margin
12.9%
Valuation Premium vs History
+2.5% premium
PE vs Historical
22.6 vs 21.0
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+2.5%
(market-implied from PE analysis)
1-Year Target
$277.13
(+3%)
2-Year Target
$284.06
(+5%)
3-Year Target
$291.16
(+8%)
3-Yr Target (if PE normalizes)
(PE: 23→21)
PE COMPRESSION
$270.56
(+0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.6, Growth: 6.8%)
$329.00
(+22%)
Base:
(SPY PE: 20.7, Growth: 6.8%)
$301.80
(+12%)
Bear:
(PE: 17.6, Growth: 6.8%)
$256.53
(-5%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (27x PE), but valuation improves significantly next year (23x PE) as earnings recover.
Trailing PE: 27.02 | Current EPS (TTM): $9.93
Bull Case
$355.64
(+32%)
Analyst growth 20.5%, PE expands to 29.7
Base Case
$323.31
(+20%)
Market implied 20.5%, PE stable at 27.0
Bear Case
$182.47
(-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: August 02, 2026 9:27 PM ET
Data refreshes hourly during market hours. Next update: 10:27 PM
Data refreshes hourly during market hours. Next update: 10:27 PM
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Technical Signals Check
Is TRGP showing a specific setup today?
Insider Activity (6 Months)
1
Buys
6
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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