TAC Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
TransAlta Corp (TAC) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the technical indicators are moderately positive, the lack of significant positive catalysts, weak financial performance, and neutral sentiment from hedge funds and insiders suggest that waiting for a clearer entry point or stronger signals would be prudent.
The stock shows moderately bullish technical indicators: MACD is positive and contracting, RSI is neutral at 56.764, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). However, the pre-market price is slightly down (-0.15%), and the stock is trading near its pivot level of 13.104, with resistance at 13.627.
Options data indicates strong bullish sentiment. Analyst TD Securities recently raised the price target to C$27, maintaining a Buy rating.
Revenue declined by 9.04% YoY in Q3 2025, and gross margin dropped significantly by 40.55%. Analysts at Desjardins lowered their price target to C$18 and maintained a Hold rating. No significant hedge fund or insider activity, and no recent news or political trading data.
In Q3 2025, revenue dropped by 9.04% YoY to $463M, and gross margin fell by 40.55%. However, net income improved by 72.22% YoY to -$62M, and EPS increased by 75% to -0.21. Despite some improvement in profitability metrics, the overall financial performance remains weak.
Mixed analyst sentiment: TD Securities raised the price target to C$27 with a Buy rating, while Desjardins lowered the price target to C$18 with a Hold rating.
