TRP Should I Buy
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TC Energy Corp (TRP) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown strong financial performance in the latest quarter and has positive growth potential, the lack of significant trading signals, neutral sentiment from hedge funds and insiders, and mixed analyst ratings suggest that it may be better to wait for a more favorable entry point or clearer signals.
The technical indicators show a neutral to slightly bullish trend. The MACD histogram is positive but contracting, RSI is in the neutral zone at 64.843, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its resistance level of R1: 63.668, with a pivot at 62.438. However, the pre-market price change is minimal (-0.03%), indicating no strong momentum.
Strong Q4 financial performance with significant YoY growth in revenue (206.47%) and gross margin (50.87%).
Positive sentiment from the U.S.-Japan agreement on financing a large power plant, which could benefit natural gas companies like TC Energy.
Several analysts have raised price targets, with the highest at C$93.
Mixed analyst ratings, with some downgrades to Neutral or Hold due to recent price appreciation.
Hedge funds and insiders are neutral with no significant trading trends.
Stock trend analysis suggests limited short-term upside, with a 60% chance of a slight decline (-0.37%) in the next week.
In Q4 2025, TC Energy reported a revenue increase of 206.47% YoY to $4.168 billion, net income growth of 0.93% YoY to $980 million, and EPS of $0.94 (flat YoY). Gross margin improved significantly to 52.14%, up 50.87% YoY, reflecting strong operational performance.
Analyst ratings are mixed. While Barclays, RBC Capital, and Scotiabank raised price targets and maintained positive ratings, others like TD Securities and CIBC downgraded the stock to Neutral or Hold due to recent price appreciation. The highest price target is C$93, with a consensus around C$88.
