TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) Forecast, Price Target & Analyst Ratings

TSX:TRP-PR-DCA87807B8006

Current stock price

24.38 CAD
+0.06 (+0.25%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$24.20
-0.74% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
May 1, 2026
Period
Q1 / 2026
EPS Estimate
CA$1.02
Revenue Estimate
4.15B

ChartMill Buy Consensus

Rating
72.80%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$24.20
Upside
-0.74%
From current price of CA$24.38 to mean target of CA$24.20, Based on 25 analyst forecasts
Low
CA$18.15
Median
CA$24.74
High
CA$29.06

Price Target Revisions

1 Month
-1.50%
3 Months
-6.27%

Price Target Summary

25 Wall Street analysts provided a forecast for the next 12 months for TRP-PR-D.CA. The average price target is 24.2 CAD. This implies a price decrease of -0.74% is expected in the next year compared to the current price of 24.38.
The average price target has been revised downward by 6.27% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

TRP-PR-D Current Analyst RatingTRP-PR-D Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

TRP-PR-D Historical Analyst RatingsTRP-PR-D Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
72.80%
TRP-PR-D.CA was analyzed by 25 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about TRP-PR-D.CA.
In the previous month the buy percentage consensus was at a similar level.
TRP-PR-D.CA was analyzed by 25 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 1, 2026
Period
Q1 / 2026
EPS Estimate
CA$1.02
Revenue Estimate
4.15B
Revenue Q2Q
14.55%
EPS Q2Q
7.17%
Number of Analysts
16

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
1.99%
EPS (1 Month)
-0.42%
EPS (3 Months)
-2.98%

Next Earnings Summary

TRP-PR-D.CA is expected to report earnings on 5/1/2026. The consensus EPS estimate for the next earnings is 1.02 CAD and the consensus revenue estimate is 4.15B CAD.
The next earnings revenue estimate has been revised upward by 1.99% in the past 3 months.

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
TRP-PR-D.CA revenue by date.TRP-PR-D.CA revenue by date.
13.267B
-11.42%
13.771B
3.80%
15.239B
10.66%
16.362B
7.37%
16.757B
2.41%
17.674B
5.47%
18.869B
6.76%
19.335B
2.47%
20.753B
7.33%
21.497B
3.59%
21.844B
1.61%
EBITDA
YoY % growth
TRP-PR-D.CA ebitda by date.TRP-PR-D.CA ebitda by date.
8.665B
0.02%
8.574B
-1.05%
9.531B
11.16%
11.88B
24.65%
12.33B
3.79%
12.922B
4.80%
13.57B
5.01%
14.275B
5.20%
15.224B
6.65%
14.885B
-2.23%
15.224B
2.28%
EBIT
YoY % growth
TRP-PR-D.CA ebit by date.TRP-PR-D.CA ebit by date.
5.887B
-3.16%
5.786B
-1.72%
6.762B
16.87%
8.667B
28.17%
9.006B
3.91%
9.508B
5.57%
10.36B
8.96%
10.796B
4.21%
10.592B
-1.89%
11.364B
7.29%
11.666B
2.66%
Operating Margin
TRP-PR-D.CA operating margin by date.TRP-PR-D.CA operating margin by date.
44.37%42.02%44.37%52.97%53.74%53.80%54.90%55.84%51.04%52.86%53.41%
EPS
YoY % growth
TRP-PR-D.CA eps by date.TRP-PR-D.CA eps by date.
4.52
5.12%
3.73
-17.48%
3.52
-5.63%
3.72
5.57%
3.87
4.16%
4.21
8.84%
4.49
6.49%
4.97
10.84%
5.57
11.98%
4.82
-13.36%
5.04
4.45%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
1.02
7.17%
0.85
3.05%
0.86
11.55%
1.04
5.78%
1.06
4.23%
0.88
3.92%
0.89
3.21%
1.12
8.37%
1.21
14.43%
1.02
16.55%
1.03
16.44%
1.29
14.99%
Revenue
Q2Q % growth
4.15B
14.55%
3.87B
3.37%
3.902B
5.35%
4.247B
1.90%
4.14B
-0.24%
3.961B
2.35%
4.026B
3.18%
4.343B
2.26%
4.226B
2.08%
4.349B
9.80%
4.371B
8.57%
4.476B
3.06%
EBITDA
Q2Q % growth
3.089B
32.06%
2.814B
-5.35%
2.862B
-21.22%
3.104B
-33.43%
3.192B
3.33%
2.929B
4.09%
2.978B
4.05%
3.248B
4.64%
3.28B
2.76%
3.091B
5.53%
3.119B
4.73%
3.384B
4.19%
EBIT
Q2Q % growth
2.321B
39.74%
2.026B
24.75%
2.061B
30.20%
2.316B
22.28%
2.385B
2.76%
2.256B
11.35%
2.282B
10.72%
2.541B
9.72%
2.489B
4.36%
2.437B
8.02%
2.468B
8.15%
2.71B
6.65%

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TRP-PR-D.CA Yearly Revenue VS EstimatesTRP-PR-D.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B
TRP-PR-D.CA Yearly EPS VS EstimatesTRP-PR-D.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3 4 5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
6.17%
EPS Next 5 Year
7.15%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.74%
Revenue Next 5 Year
4.68%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
17.54%
EBIT Next 5 Year
12.40%

TC ENERGY CORP - TRPCN 5.985 PERP / TRP-PR-D.CA Forecast FAQ

What is the average price target for TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) stock?

25 analysts have analysed TRP-PR-D.CA and the average price target is 24.2 CAD. This implies a price decrease of -0.74% is expected in the next year compared to the current price of 24.38.

What is the next earnings date for TRP-PR-D stock?

TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) will report earnings on 2026-05-01, before the market open.

What are the consensus estimates for TRP-PR-D stock next earnings?

The consensus EPS estimate for the next earnings of TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) is 1.02 CAD and the consensus revenue estimate is 4.15B CAD.

What is the expected long term growth rate for TRP-PR-D stock?

The expected long term growth rate for TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) is 4.74%.