Targa Resources Inc (TRGP) is next scheduled to report earnings on Aug 6, 2026. The consensus analyst EPS estimate for the upcoming quarter is $2.59.
Heading into this report, the model's fair value estimate sits 27.2% below the current price (model fair value differential below current price). Descriptive context only — not a forecast of the earnings result.
Equity Rank computed model fair value for TRGP from 12 independent valuation methods with sufficient data. 3 place fair value above the current price of $269.99, and 9 place it below. The model-blended estimate lands at $196.54 — a model fair value differential of 27.2% below the current price under these model assumptions. The larger group places fair value below the current price.
Equity Rank's fundamental strength composite scores TRGP at 66.4/100 (B, Solid), blending profitability, balance-sheet, and cash-flow quality. Over the trailing three years, free cash flow has compounded at -17.7% per year and gross margin has moved +13.6 pp. Its SAVE composite score has moved +1.4 over the past 30 days.
Targa Resources Inc (TRGP) is analyzed on Equity Rank using the S·A·V·E framework: Sentiment, Analyst consensus, Valuation (DCF, Graham, multiples), and Earnings quality. The consensus fair value is a blend of multiple models designed to surface potential mispricings versus current market price.
Equity Rank provides institutional-depth valuation research on 3,000+ US equities. Data is refreshed daily and combines quantitative models with AI-driven qualitative analysis.
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