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Permian And Export Developments Will Drive Long-Term Success

Published
08 Aug 24
Updated
20 Sep 25
AnalystConsensusTarget's Fair Value
US$205.30
25.8% undervalued intrinsic discount
20 Sep
US$152.41
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1Y
-8.1%
7D
-6.1%

Author's Valuation

US$205.325.8% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on20 Sep 25
Fair value Decreased 1.02%

Despite Targa Resources' resilient Permian volumes, robust cash flow prospects, and investor focus on capital returns, analysts modestly lowered price targets—now $205.30—citing sector-wide valuation concerns and near-term growth already reflected in the stock after a significant rally. Analyst Commentary Bullish analysts cite Targa's strong positioning for natural gas, LNG, and natural gas liquid infrastructure expansion, underpinned by robust global power demand and high-quality asset selection.

Shared on29 Aug 25
Fair value Increased 1.03%

Analysts have modestly raised their price target for Targa Resources to $207.95, citing strong fundamentals, resilient cash flows, and ongoing strength in Permian volumes, though some caution that substantial stock appreciation has fully reflected growth potential. Analyst Commentary Bullish analysts cite Targa’s strong fundamentals, resilient cash flows, and the ability to return capital to shareholders as reasons for increased price targets, especially given expectations for higher volumes and stable producer activity in the Permian.

Shared on07 May 25
Fair value Decreased 5.56%

Shared on30 Apr 25
Fair value Increased 0.86%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on16 Apr 25
Fair value Decreased 1.29%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 0.53%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Increased 0.51%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Increased 1.38%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on10 Mar 25
Fair value Increased 5.38%

AnalystConsensusTarget has increased revenue growth from 6.1% to 14.1% and decreased profit margin from 10.9% to 9.3%.