Targa Resources' Quarterly Earnings Preview: What You Need to Know

Core Viewpoint - Targa Resources Corp. is set to release its Q4 2025 earnings, with analysts projecting significant growth in earnings per share (EPS) compared to the previous year [1][2]. Financial Performance - Analysts expect Targa Resources to report a profit of $2.35 per share on a diluted basis for Q4 2025, representing a 63.2% increase from $1.44 per share in the same quarter last year [2]. - For the current fiscal year, the projected EPS is $8.36, which is a 45.6% increase from $5.74 in fiscal 2024. The EPS is anticipated to rise by approximately 19.1% year over year to $9.96 in fiscal 2026 [3]. Stock Performance - Over the past 52 weeks, Targa Resources' shares have declined by 13%, underperforming the S&P 500 Index's increase of 16.9% and the State Street Energy Select Sector SPDR ETF's return of 2.3% [4]. - Despite the decline, shares saw a slight increase on December 1 following the announcement of a $1.25 billion cash acquisition of Stakeholder Midstream, LLC, which enhances Targa's operations in natural gas and crude services in the Permian Basin [5]. Analyst Ratings - The stock has a "Strong Buy" rating overall, with 18 out of 22 analysts recommending a "Strong Buy," one suggesting a "Moderate Buy," and three advising a "Hold." The average analyst price target is $207.91, indicating a potential upside of 12.2% from current levels [6].