TAC trades 102.4% below Wall Street's consensus target of $25.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes TAC achieves its forward estimates and maintains a stable P/E multiple of 39.7x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of October 3, 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 $12.35, this represents a potential upside of +102.4%. The company has a market capitalization of $3.68B.
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 -27.5x and forward P/E of 39.7x. Analysts expect EPS to grow +509.7% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 NRGNRG Energy, Inc. | $20.1B | $95.23 | $202.90 | +113.1% | Buy | 10.7x | 27 |
 VSTVistra Corp. | $47.2B | $140.02 | $215.67 | +54.0% | Buy | 16.3x | 23 |
 CWENClearway Energy, Inc. | $6.0B | $29.34 | $43.14 | +47.0% | Buy | — | 17 |
 BEPBrookfield Renewable Partners L.P. | $8.7B | $28.35 | $37.83 | +33.4% | Buy | — | 20 |
 AESThe AES Corporation | $10.6B | $14.91 | $18.75 | +25.8% | Hold | 6.5x | 21 |
 NEENextEra Energy, Inc. | $160.3B | $76.83 | $97.50 | +26.9% | Buy | 19.1x | 36 |
 CLNEClean Energy Fuels Corp. | $344M | $1.56 | $2.38 | +52.6% | Buy | — | 22 |
 RUNSunrun Inc. | $1.8B | $7.71 | $16.78 | +117.6% | Buy | 6.1x | 37 |
 GEGE Aerospace | $321.2B | $309.56 | $409.60 | +32.3% | Buy | 39.1x | 35 |
 ENPHEnphase Energy, Inc. | $4.4B | $33.47 | $43.43 | +29.8% | Hold | 16.8x | 55 |
Quick answers to the most common questions about buying TAC stock.
The consensus Wall Street price target for TAC is $25, representing 102.4% upside from the current price of $12.35. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
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 102.4% upside from current levels.
At a forward P/E of 39.6596x, TAC trades at a premium valuation. The consensus price target of $25 (102.4% upside) suggests analysts still see growth justifying the multiple.
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.
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.
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".
TAC trades at a forward P/E ratio of 39.7x 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.
Wall Street analysts are very optimistic on TAC, with a "Buy" consensus rating and $25 price target (102.4% 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.
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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