TAC

TransAlta Corp

Add to Watchlist

Advanced Chart

12.300

-0.31(-2.458%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

12.520

Open

12.520

VWAP

12.33

Vol

2.15M

Mkt Cap

2.13B

Low

12.220

Amount

26.53M

EV/EBITDA(TTM)

22.49

Total Shares

303.26M

10.35B

EV/OCF(TTM)

17.02

P/S(TTM)

2.45

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses, and utility customers with affordable, energy-efficient, and reliable power. Its portfolio includes hydro, wind, solar, battery storage, natural gas, and thermal power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has over 88 energy assets in the portfolio. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generates over 9,000 megawatts of electricity. It delivers renewable energy solutions for large-scale commercial partners, including technology companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Lakeswind Facility, Old Town Wind Project, White Rock East Project, Mass Solar Project, Fortescue River Gas Pipeline, and others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

0.000

-100%

0.100

-19.87%

0.067

-223.46%

Estimates Revision

The market is revising Downward the revenue expectations for TransAlta Corporation (TAC) for FY2025, with the revenue forecasts being adjusted by -3.11% over the past three months. During the same period, the stock price has changed by 26.67%.

Revenue Estimates for FY2025

Revise Downward

-3.11%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+4.54%

In Past 3 Month

Stock Price

Go Up

+26.67%

In Past 3 Month

6 Analyst Rating

11.71% Upside

Wall Street analysts forecast TAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TAC is 13.74 USD with a low forecast of 11.89 USD and a high forecast of 14.41 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

1 Hold

0 Sell

Strong Buy

11.71% Upside

Current: 12.300

Low

11.89

Averages

13.74

High

14.41

11.71% Upside

Current: 12.300

Low

11.89

Averages

13.74

High

14.41

TD Securities

NULL -> Buy

maintain

$19 -> $20

2025-08-05

Reason

TD Securities

Price Target

$19 -> $20

2025-08-05

maintain

NULL -> Buy

Reason

TD Securities raised the firm's price target on TransAlta to C$20 from C$19 and keeps a Buy rating on the shares.

National Bank

Patrick Kenny

Outperform

maintain

$16 -> $17

2025-08-05

Reason

National Bank

Patrick Kenny

Price Target

$16 -> $17

2025-08-05

maintain

Outperform

Reason

National Bank analyst Patrick Kenny raised the firm's price target on TransAlta to C$17 from C$16 and keeps an Outperform rating on the shares.

Scotiabank

Sector Perform -> Outperform

upgrade

$20

2025-07-18

Reason

Scotiabank

Price Target

$20

2025-07-18

upgrade

Sector Perform -> Outperform

Reason

Scotiabank upgraded TransAlta to Outperform from Sector Perform with a C$20 price target.

Scotiabank

Sector Perform -> Outperform

upgrade

$16 -> $20

2025-07-18

Reason

Scotiabank

Price Target

$16 -> $20

2025-07-18

upgrade

Sector Perform -> Outperform

Reason

Scotiabank upgraded TransAlta to Outperform from Sector Perform with a price target of C$20, up from C$16. The company is well positioned to benefit from power demand growth in Alberta, the analyst tells investors in a research note. The firm says tailwinds for the Canadian power group \"continue to multiply.\" It expects strong share price returns in Q3 as additional catalysts are realized. For TransAlta, the positive catalysts are related to Alberta data centers in the back half of the year, contends Scotiabank.

Scotiabank

NULL

Outperform

upgrade

$16 -> $20

2025-07-18

Reason

Scotiabank

Price Target

$16 -> $20

2025-07-18

upgrade

NULL

Outperform

Reason

Scotiabank raised the firm's price target on TransAlta to C$20 from C$16 and keeps an Outperform rating on the shares.

Jefferies

Hold

Buy

upgrade

$12 -> $20

2025-06-12

Reason

Jefferies

Price Target

$12 -> $20

2025-06-12

upgrade

Hold

Buy

Reason

Jefferies upgraded TransAlta to Buy from Hold with a price target of C$20, up from C$12. The company's leverage to rising Alberta power prices is "too large to ignore," the analyst tells investors in a research note. The firm sees more tangible evidence of "durably higher" Alberta Electric System Operator power prices following large load integration in the 2027 and 2028 time frame. Indications from the AESO power price forwards and conversations with local stakeholders give Jefferies confidence to raise its assumptions, the analyst tells investors in a research note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for TransAlta Corp (TAC.N) is 56.31, compared to its 5-year average forward P/E of -24.98. For a more detailed relative valuation and DCF analysis to assess TransAlta Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-24.98

Current PE

56.31

Overvalued PE

114.11

Undervalued PE

-164.07

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

6.90

Current EV/EBITDA

8.92

Overvalued EV/EBITDA

8.00

Undervalued EV/EBITDA

5.81

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

1.44

Current PS

2.09

Overvalued PS

1.79

Undervalued PS

1.09