Targa Resources (TRGP) Earnings Analysis

Targa Resources (TRGP) delivered mixed results in FY2026 on revenue of $89.1B versus the $88.7B estimate (+19.1% YoY) and EPS of $4.15. Below is the full Targa Resources earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Targa Resources (TRGP) Earnings Analysis — key stats

Next earnings dateFeb 4, 2025
Latest reported quarterFY2026
Earnings verdictMixed
Revenue$89.1B (vs $88.7B est · +0.5% surprise · +19.1% YoY)
EPS$4.15 (vs $3.98 est · +4.3% surprise · +12.4% YoY)
Share price$167.62 (+1.9%)
Market cap$700.0B

What you'll find

Frequently asked questions

When is Targa Resources's next earnings date?
Targa Resources's (TRGP) next scheduled earnings date is Feb 4, 2025. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Targa Resources (TRGP) beat or miss earnings?
In FY2026, Targa Resources (TRGP) posted mixed results — revenue of $89.1B versus the $88.7B estimate (+0.5% surprise) and EPS of $4.15 versus $3.98 expected (+4.3% surprise). Magnisto decodes every Targa Resources (TRGP) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
What is the forecast for Targa Resources (TRGP) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Targa Resources (TRGP), anchored to the current $167.62 share price, so you can weigh the bull, base and bear cases for Targa Resources side by side.
Is Targa Resources (TRGP) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Targa Resources fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.