Should I Buy TRGP Stock in 2026?

Data-driven analysis and honest assessment for Targa Resources Corp

Analysis Updated:
CAUTIONSeveral concerns warrant careful consideration

Current Price: $235.80P/E: 31.7

Decision Score

5.3/10

Hold

Based on 6 fundamental factors

Score Breakdown:

Valuation (20%)5/10

Elevated P/E of 31.7

Growth (20%)5/10

Slow growth of 0%

Profitability (20%)4/10

Thin margins (0% net)

Financial Health (15%)5/10

Financial health data limited

Cash Flow (15%)8/10

Strong FCF yield of 6.7%

Insider Activity (10%)5/10

No recent insider activity

Key Investment Metrics

Current Price

$235.80

P/E Ratio

31.74

Revenue Growth

-0.1%

Profit Margin

0.1%

Market Cap

$50.7B

Dividend Yield

0.02%

How TRGP Compares to Competitors

Understanding how TRGP stacks up against peers helps inform your investment decision.

How TRGP Compares to Peers

Upcoming Events for TRGP

+5 Reasons TO Buy TRGP

1. High free cash flow yield of 6.7%

moderate

FCF yield above 5% means substantial cash generation for dividends, buybacks, or reinvestment.

-5 Reasons NOT to Buy TRGP

1. Thin profit margins of 0.1%

high risk

Low margins provide little cushion against cost increases or pricing pressure.

2. Premium valuation at 32x earnings

medium risk

P/E of 32 requires sustained growth to justify. Multiple compression risk exists.

3. Revenue declining 0%

medium risk

Shrinking revenue suggests loss of market share or weakening demand. Turnarounds are difficult.

Who Should Buy TRGP?

Investment Profile

Risk Level

Medium

Recommended Holding Period

3-5 years

Best For:

    Not Suitable For:

    • Growth Investors

      Limited -0% growth may disappoint

    • Value Investors

      Premium P/E of 32 doesn't fit value criteria

    • Income-Focused Retirees

      Low 0.0% yield

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    Frequently Asked Questions

    What is TRGP stock price today?

    TRGP (Targa Resources Corp) stock is trading at $235.80 as of the latest market data. Stock prices update in real-time during market hours (9:30 AM - 4:00 PM ET).

    Is TRGP stock going up or down today?

    TRGP stock price movements are influenced by market conditions, news, earnings reports, and investor sentiment. Check our live dashboard for real-time price changes and technical indicators.

    Should I buy TRGP stock now?

    The decision to buy TRGP depends on your investment strategy, risk tolerance, and financial goals. Our AI analysis evaluates fundamentals, valuation metrics, growth prospects, and market conditions to help inform your decision.

    Is TRGP a buy, hold, or sell right now?

    Our AI-powered analysis provides buy/hold/sell recommendations for TRGP based on multiple factors including valuation, growth metrics, technical indicators, and analyst consensus. Visit our dashboard for the latest recommendation.

    Is TRGP stock overvalued or undervalued?

    TRGP currently trades at a P/E ratio of 31.74, which may indicate premium valuation. Our DCF calculator provides intrinsic value estimates to help determine if TRGP is fairly priced.

    What is TRGP's P/E ratio?

    TRGP has a price-to-earnings (P/E) ratio of 31.74, which measures how much investors are willing to pay per dollar of earnings. Compare this to industry peers and historical averages for context.

    What is TRGP's market cap?

    TRGP (Targa Resources Corp) has a market capitalization of $50.74 billion, making it a mid-cap stock.

    What is TRGP's price to book ratio?

    TRGP trades at a price-to-book (P/B) ratio of 18.34, which compares the stock price to the company's book value per share. A P/B below 1.0 may indicate undervaluation, while above 3.0 may suggest premium pricing.

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    Disclaimer

    This analysis is for informational purposes only and should not be considered financial advice. The decision score and recommendations are based on quantitative factors and do not account for all risks, your personal financial situation, or qualitative factors. Always do your own research and consider consulting with a financial advisor before making investment decisions.