TransAlta Corporation (TAC) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 9 analysts82.0% Below Target
TAC trades 82.0% below Wall Street's consensus target of $25.00.
Current Price$13.85
Average Target$25.00
Low$25.00
Median$25.00
High$25.00
Analyst Target Range
Forward P/E44.8x
(Growth Premium)
PEG Ratio—
Implied Growth+153.3%
(High Growth)
Analyst Spread0.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes TAC achieves its forward estimates and maintains a stable P/E multiple of 44.8x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
TAC Price Target Analysis
Updated June 23, 2026As of June 23, 2026, TransAlta Corporation (TAC) has a Wall Street consensus price target of $25.00, based on estimates from 9 covering analysts. With the stock currently trading at $13.85, this represents a potential upside of +82.0%. The company has a market capitalization of $4.11B.
Analyst price targets range from a low of $25.00 to a high of $25.00, representing a 0% spread in expectations. The median target of $25.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, TAC trades at a trailing P/E of -30.7x and forward P/E of 44.8x. Analysts expect EPS to grow +153.3% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Utilities stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+26.3%
Industry Consensus
Avg Forward P/E
20.6x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 NRGNRG Energy, Inc. | $29.3B | $138.91 | $191.20 | +41.6% | Buy | 14.4x | 26 |
 VSTVistra Corp. | $56.4B | $167.26 | $223.50 | +36.5% | Buy | 17.9x | 22 |
 CWENClearway Energy, Inc. | $7.6B | $37.07 | $47.00 | +25.6% | Buy | — | 16 |
 BEPBrookfield Renewable Partners L.P. | $10.9B | $35.74 | $36.67 | +4.1% | Buy | — | 20 |
 AESThe AES Corporation | $10.4B | $14.65 | $18.33 | +25.4% | Hold | 6.3x | 21 |
 NEENextEra Energy, Inc. | $179.5B | $86.08 | $100.20 | +15.5% | Buy | 21.4x | 36 |
 CLNEClean Energy Fuels Corp. | $394M | $1.79 | $3.50 | +88.2% | Buy | — | 22 |
 RUNSunrun Inc. | $3.2B | $13.62 | $17.43 | +28.9% | Buy | 10.7x | 37 |
 GEGE Aerospace | $371.0B | $355.12 | $380.14 | +6.3% | Buy | 47.4x | 34 |
 ENPHEnphase Energy, Inc. | $6.9B | $52.41 | $47.61 | -8.9% | Hold | 25.9x | 55 |
TAC — Frequently Asked Questions
Quick answers to the most common questions about buying TAC stock.
What is the TAC stock price target for 2026?
The consensus Wall Street price target for TAC is $25, representing 82.0% upside from the current price of $13.85. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is TAC a buy, sell, or hold?
TAC has a consensus rating of "Buy" based on 9 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $25 implies 82.0% upside from current levels.
Is TAC stock overvalued or undervalued?
At a forward P/E of 44.7849x, TAC trades at a premium valuation. The consensus price target of $25 (82.0% upside) suggests analysts still see growth justifying the multiple.
How high can TAC stock go?
The most bullish Wall Street analyst has a price target of $25 for TAC, while the most conservative target is $25. The consensus of $25 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover TAC stock?
TAC is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the TAC stock forecast?
The 12-month TAC stock forecast based on 9 Wall Street analysts shows a consensus price target of $25, with estimates ranging from $25 (bear case) to $25 (bull case). The median consensus rating is "Buy".
What is TAC's forward P/E ratio?
TAC trades at a forward P/E ratio of 44.8x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy TAC stock?
Wall Street analysts are very optimistic on TAC, with a "Buy" consensus rating and $25 price target (82.0% upside). 8 of 9 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do TAC price targets vary so much?
TAC analyst price targets range from $25 to $25, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $25 consensus represents the middle ground.
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