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TC Energy (TSE:TRP)
TSX:TRP
Canadian Market
Want to see TSE:TRP full AI Analyst Report?

TC Energy (TRP) Stock Forecast & Price Target

1,630 Followers
See the Price Targets and Ratings of:

TRP Analyst Ratings

Moderate Buy
15Ratings
Moderate Buy
8 Buy
7 Hold
0 Sell
Based on 15 analysts giving stock ratings to
TC
Energy
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

TRP Stock 12 Month Forecast

Average Price Target

C$92.09
▲(11.06% Upside)
Based on 15 Wall Street analysts offering 12 month price targets for TC Energy in the last 3 months. The average price target is C$92.09 with a high forecast of C$121.02 and a low forecast of C$78.00. The average price target represents a 11.06% change from the last price of C$82.92.
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Highest Price TargetC$121.02Average Price TargetC$92.09Lowest Price TargetC$78.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Barclays Analyst forecast on TSE:TRP
Barclays
Barclays
C$88C$92
Buy
10.95%
Upside
Reiterated
05/01/26
TC Energy (TRP) Receives a Rating Update from a Top Analyst
Jefferies Analyst forecast on TSE:TRP
Jefferies
Jefferies
C$80C$88
Hold
6.13%
Upside
Reiterated
05/01/26
TC Energy Kept at Hold as Analyst Cites Balanced Risk‑Reward, Execution Risks, and Lifts Price Target to $88
RBC Capital Analyst forecast on TSE:TRP
RBC Capital
RBC Capital
C$92
Buy
10.95%
Upside
Reiterated
04/27/26
TC Energy (TRP) Receives a Buy from RBC Capital
CIBC
C$85C$89
Buy
7.33%
Upside
Upgraded
04/23/26
TC Energy upgraded to Outperformer from Neutral at CIBCTC Energy upgraded to Outperformer from Neutral at CIBC
Goldman Sachs Analyst forecast on TSE:TRP
Goldman Sachs
Goldman Sachs
C$84.3
Hold
1.67%
Upside
Upgraded
04/20/26
TC Energy upgraded to Neutral from Sell at Goldman SachsTC Energy upgraded to Neutral from Sell at Goldman Sachs
BMO Capital Analyst forecast on TSE:TRP
BMO Capital
BMO Capital
C$121.02
Buy
45.95%
Upside
Reiterated
04/17/26
BMO Capital Sticks to Its Buy Rating for TC Energy (TRP)
Morgan Stanley Analyst forecast on TSE:TRP
Morgan Stanley
Morgan Stanley
C$93C$101
Buy
21.80%
Upside
Reiterated
04/01/26
TC Energy price target raised to C$101 from C$93 at Morgan StanleyTC Energy price target raised to C$101 from C$93 at Morgan Stanley
Wells Fargo Analyst forecast on TSE:TRP
Wells Fargo
Wells Fargo
C$100
Buy
20.60%
Upside
Reiterated
03/31/26
Citi
C$86C$95
Hold
14.57%
Upside
Assigned
03/30/26
Analysts Have Conflicting Sentiments on These Energy Companies: Scorpio Tankers (NYSE: STNG) and TC Energy (NYSE: TRP)
Raymond James Analyst forecast on TSE:TRP
Raymond James
Raymond James
C$74C$78
Hold
-5.93%
Downside
Reiterated
03/27/26
Analysts Offer Insights on Energy Companies: TC Energy (NYSE: TRP) and PBF Energy (NYSE: PBF)
J.P. Morgan Analyst forecast on TSE:TRP
J.P. Morgan
J.P. Morgan
C$83C$94
Buy
13.36%
Upside
Reiterated
03/17/26
J.P. Morgan Sticks to Its Buy Rating for TC Energy (TRP)
TD Cowen
C$84C$88
Hold
6.13%
Upside
Downgraded
02/20/26
TC Energy downgraded to Hold from Buy at TD SecuritiesTC Energy downgraded to Hold from Buy at TD Securities
National Bank Analyst forecast on TSE:TRP
Unknown Analyst
National Bank
Not Ranked
National Bank
C$85C$86
Hold
3.71%
Upside
Reiterated
02/17/26
National Bank Sticks to Its Hold Rating for TC Energy (TRP)
Scotiabank Analyst forecast on TSE:TRP
Scotiabank
Scotiabank
C$86C$93
Buy
12.16%
Upside
Reiterated
02/17/26
TC Energy price target raised to C$93 from C$86 at ScotiabankTC Energy price target raised to C$93 from C$86 at Scotiabank
ATB Cormark Capital Markets Analyst forecast on TSE:TRP
ATB Cormark Capital Markets
ATB Cormark Capital Markets
C$73C$80
Hold
-3.52%
Downside
Reiterated
02/17/26
ATB Capital Markets Sticks to Its Hold Rating for TC Energy (TRP)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Barclays Analyst forecast on TSE:TRP
Barclays
Barclays
C$88C$92
Buy
10.95%
Upside
Reiterated
05/01/26
TC Energy (TRP) Receives a Rating Update from a Top Analyst
Jefferies Analyst forecast on TSE:TRP
Jefferies
Jefferies
C$80C$88
Hold
6.13%
Upside
Reiterated
05/01/26
TC Energy Kept at Hold as Analyst Cites Balanced Risk‑Reward, Execution Risks, and Lifts Price Target to $88
RBC Capital Analyst forecast on TSE:TRP
RBC Capital
RBC Capital
C$92
Buy
10.95%
Upside
Reiterated
04/27/26
TC Energy (TRP) Receives a Buy from RBC Capital
CIBC
C$85C$89
Buy
7.33%
Upside
Upgraded
04/23/26
TC Energy upgraded to Outperformer from Neutral at CIBCTC Energy upgraded to Outperformer from Neutral at CIBC
Goldman Sachs Analyst forecast on TSE:TRP
Goldman Sachs
Goldman Sachs
C$84.3
Hold
1.67%
Upside
Upgraded
04/20/26
TC Energy upgraded to Neutral from Sell at Goldman SachsTC Energy upgraded to Neutral from Sell at Goldman Sachs
BMO Capital Analyst forecast on TSE:TRP
BMO Capital
BMO Capital
C$121.02
Buy
45.95%
Upside
Reiterated
04/17/26
BMO Capital Sticks to Its Buy Rating for TC Energy (TRP)
Morgan Stanley Analyst forecast on TSE:TRP
Morgan Stanley
Morgan Stanley
C$93C$101
Buy
21.80%
Upside
Reiterated
04/01/26
TC Energy price target raised to C$101 from C$93 at Morgan StanleyTC Energy price target raised to C$101 from C$93 at Morgan Stanley
Wells Fargo Analyst forecast on TSE:TRP
Wells Fargo
Wells Fargo
C$100
Buy
20.60%
Upside
Reiterated
03/31/26
Citi
C$86C$95
Hold
14.57%
Upside
Assigned
03/30/26
Analysts Have Conflicting Sentiments on These Energy Companies: Scorpio Tankers (NYSE: STNG) and TC Energy (NYSE: TRP)
Raymond James Analyst forecast on TSE:TRP
Raymond James
Raymond James
C$74C$78
Hold
-5.93%
Downside
Reiterated
03/27/26
Analysts Offer Insights on Energy Companies: TC Energy (NYSE: TRP) and PBF Energy (NYSE: PBF)
J.P. Morgan Analyst forecast on TSE:TRP
J.P. Morgan
J.P. Morgan
C$83C$94
Buy
13.36%
Upside
Reiterated
03/17/26
J.P. Morgan Sticks to Its Buy Rating for TC Energy (TRP)
TD Cowen
C$84C$88
Hold
6.13%
Upside
Downgraded
02/20/26
TC Energy downgraded to Hold from Buy at TD SecuritiesTC Energy downgraded to Hold from Buy at TD Securities
National Bank Analyst forecast on TSE:TRP
Unknown Analyst
National Bank
Not Ranked
National Bank
C$85C$86
Hold
3.71%
Upside
Reiterated
02/17/26
National Bank Sticks to Its Hold Rating for TC Energy (TRP)
Scotiabank Analyst forecast on TSE:TRP
Scotiabank
Scotiabank
C$86C$93
Buy
12.16%
Upside
Reiterated
02/17/26
TC Energy price target raised to C$93 from C$86 at ScotiabankTC Energy price target raised to C$93 from C$86 at Scotiabank
ATB Cormark Capital Markets Analyst forecast on TSE:TRP
ATB Cormark Capital Markets
ATB Cormark Capital Markets
C$73C$80
Hold
-3.52%
Downside
Reiterated
02/17/26
ATB Capital Markets Sticks to Its Hold Rating for TC Energy (TRP)
Stocks with the Highest Top Analyst Consensus in the Energy Sector
Find stocks in the Energy sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering TC Energy

3 Months
xxx
Success Rate
12/15 ratings generated profit
80%
Average Return
+6.32%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 80.00% of your transactions generating a profit, with an average return of +6.32% per trade.
1 Year
Patrick KennyNational Bank
Success Rate
16/16 ratings generated profit
100%
Average Return
+31.40%
Copying Patrick Kenny's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +31.40% per trade.
2 Years
xxx
Success Rate
16/16 ratings generated profit
100%
Average Return
+54.76%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +54.76% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

TRP Analyst Recommendation Trends

Rating
Jan 26
Feb 26
Mar 26
Apr 26
May 26
Strong Buy
2
0
0
0
0
Buy
12
10
14
14
10
Hold
4
8
10
11
4
Sell
0
1
1
1
0
Strong Sell
0
0
0
0
0
total
18
19
25
26
14
In the current month, TRP has received 10 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. TRP average Analyst price target in the past 3 months is 92.09.
Each month's total comprises the sum of three months' worth of ratings.

TRP Financial Forecast

TRP Earnings Forecast

Next quarter’s earnings estimate for TRP is C$0.82 with a range of C$0.73 to C$0.91. The previous quarter’s EPS was C$0.99. TRP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year TRP has Performed in-line its overall industry.
Next quarter’s earnings estimate for TRP is C$0.82 with a range of C$0.73 to C$0.91. The previous quarter’s EPS was C$0.99. TRP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year TRP has Performed in-line its overall industry.

TRP Sales Forecast

Next quarter’s sales forecast for TRP is C$3.90B with a range of C$3.79B to C$4.12B. The previous quarter’s sales results were C$4.23B. TRP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year TRP has Performed in-line its overall industry.
Next quarter’s sales forecast for TRP is C$3.90B with a range of C$3.79B to C$4.12B. The previous quarter’s sales results were C$4.23B. TRP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year TRP has Performed in-line its overall industry.

TRP Stock Forecast FAQ

What is TSE:TRP’s average 12-month price target, according to analysts?
Based on analyst ratings, TC Energy’s 12-month average price target is 92.09.
    What is TSE:TRP’s upside potential, based on the analysts’ average price target?
    TC Energy has 11.06% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:TRP a Buy, Sell or Hold?
          TC Energy has a consensus rating of Moderate Buy which is based on 8 buy ratings, 7 hold ratings and 0 sell ratings.
            What is TC Energy’s price target?
            The average price target for TC Energy is 92.09. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$121.02 ,the lowest forecast is C$78.00. The average price target represents 11.06% Increase from the current price of C$82.92.
              What do analysts say about TC Energy?
              TC Energy’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 15 Wall Streets Analysts.
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