TRGP Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Targa Resources Corp (TRGP) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock has strong positive catalysts, favorable analyst ratings, and solid financial performance, despite minor technical weaknesses.
The MACD histogram is negative (-1.409) and contracting, indicating a weak bearish trend. RSI is neutral at 55.407, and moving averages are converging, suggesting no strong directional bias. The stock is trading near its pivot level (237.958), with support at 232.098 and resistance at 243.818. Overall, the technical indicators are neutral to slightly bearish.
Analysts have consistently raised price targets, with the highest target at $327, indicating significant upside potential.
The company increased its quarterly dividend by 25%, reflecting strong cash flow and shareholder returns.
Positive sentiment around growth projects in the Permian Basin and LNG expansion.
Strong net income growth (up 71.57% YoY) and EPS growth (up 74.31% YoY) in the latest quarter.
Revenue declined by 9.22% YoY in the latest quarter, which may concern some investors.
Pre-market price is down 0.75%, indicating minor short-term weakness.
In Q4 2025, Targa Resources reported a revenue drop of 9.22% YoY to $4.11 billion. However, net income surged 71.57% YoY to $542 million, and EPS increased by 74.31% YoY to $2.51. Gross margin improved significantly to 34.32%, up 26.88% YoY, showcasing strong profitability and operational efficiency.
Analysts are overwhelmingly positive on TRGP, with multiple firms raising price targets recently. The highest target is $327 (Morgan Stanley), and the lowest is $249 (Scotiabank), all indicating upside from the current price. Analysts cite strong positioning in the Permian Basin, growth projects, and favorable LNG market dynamics as key drivers.
