Brokers Issue Forecasts for TransAlta’s Q4 Earnings (TSE:TA)

TransAlta Co. (TSE:TA) (NYSE:TAC) – Equities researchers at Atb Cap Markets lifted their Q4 2025 EPS estimates for TransAlta in a research note issued to investors on Thursday, November 6th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings per share of $0.16 for the quarter, up from their previous estimate of $0.13. Atb Cap Markets also issued estimates for TransAlta’s Q3 2026 earnings at $0.21 EPS, FY2026 earnings at $0.58 EPS and FY2027 earnings at $0.43 EPS.

Other research analysts have also recently issued reports about the stock. TD Securities decreased their price objective on shares of TransAlta from C$27.00 to C$26.00 and set a “buy” rating on the stock in a research note on Friday. Desjardins raised their price target on shares of TransAlta from C$16.50 to C$21.00 and gave the stock a “hold” rating in a report on Wednesday, October 22nd. Scotiabank raised their price objective on shares of TransAlta from C$23.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Royal Bank Of Canada upped their target price on TransAlta from C$20.00 to C$24.00 in a research report on Monday. Finally, ATB Capital raised their price objective on TransAlta from C$18.00 to C$20.00 and gave the company an “outperform” rating in a research note on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, TransAlta currently has a consensus rating of “Buy” and an average price target of C$23.33.

TransAlta Trading Up 1.5%

Shares of TSE:TA opened at C$22.10 on Monday. The company has a debt-to-equity ratio of 229.66, a current ratio of 0.74 and a quick ratio of 0.62. TransAlta has a 1 year low of C$11.16 and a 1 year high of C$25.03. The company has a market capitalization of C$6.56 billion, a P/E ratio of -34.53, a P/E/G ratio of -0.07 and a beta of 0.74. The business’s 50 day simple moving average is C$20.74 and its 200 day simple moving average is C$16.98.

About TransAlta

TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company’s revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.