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Targa Resources Corp.
Energy · Oil & Gas Midstream
Made on Jul 19, 2026
Price at call $282.91
6-month call Bear -13.8%
Target by Jan 2027 $243.82
Great value below $150.00
Model v0.3.0

Projection vs Actual (6M history + forecast)

Our straight 6-month prediction (bold) with a textured realism line, and the actual price overlaid from the prediction date forward.

Forecast

One directional 6-month call and the six monthly points we'll be scored against. Predicted Jul 19, 2026 4:02 am
Bear TRGP trends lower to $243.82 (-13.8% from $282.91) by Jan 2027.
Monthmonths after the call Datewhen it gets graded Predictedthe claim: closing price Current priceactual close — fills in over time Predicted returnpredicted vs $282.91 at call
Prediction made Jul 19, 2026 $282.91 at call
M1 Aug 19, 2026 $276.40 -2.3%
What actually happened: closed $292.92 on Aug 19, 2026 = +3.5% vs the call (predicted -2.3%)  ·  direction HIT (called flat, was flat)  ·  off by 5.8 pp  ·  accuracy 8/10  ·  S&P +3.8% over the same window — lagged it
M2 Sep 19, 2026 $269.88 -4.6%
M3 Oct 19, 2026 $263.37 -6.9%
M4 Nov 19, 2026 $256.85 -9.2%
M5 Dec 19, 2026 $250.34 -11.5%
M6 Jan 19, 2027 $243.82 -13.8%

Deserved value (DCF/composite) is $78.52; over 6 months we project closing only part-way to it (reach 19.1%). Value-only — see Not Yet Modeled below.

Weaknesses

0 blocking · 1 degraded · 0 notes — follow the chain top-down (cause → effect).
  • Degraded
    High debt risk — interest coverage dangerously low or refinancing needed
    upstream:valuation-synthesis

Equation Inputs

Everything feeding the v0.3.0 model — value anchors, the stock's own price behaviour, and the tunable knobs.

Value anchors (from deep analysis)

Price at call$282.91
Composite fair value$85.95
Signal-adjusted fair value$82.62
DCF fair value$57.60
Anchored-PE fair value$101.45
Buy-below (value lens)$150.00
Value net score-100
Value confidence7 / 10
Quality net score+47
Memo confidence8 / 10
Deserved value (base)$71.78
Quality tilt+9.4%
Deserved value (used)$78.52
Coherence (value × quality)0.50

Price behaviour (trailing — shapes the realism line)

Realized volatility (annualized) 1m 27.2%  3m 29.2%  6m 26.4%  
Daily σ (realism noise)1.8%
Beta vs S&P 500 1m -0.95  3m -0.71  5m -0.43  
Trailing 6-month return54.8%

Knobs (equation params)

Deserved wt · DCF0.5
Quality tilt cap (±)0.2
Horizon reach (6mo)0.45
Coherence floor (conflict)0.5
Conviction gain / pt0.06
Realism mean-reversion φ0.85
Conviction floor0.4
Deserved wt · composite0.5
Realism vol window3m
Neutral band (%)5
Horizon (months)6
Realism σ fallback0.015

Version & Tech Chain

What produced this prediction — stamped on the record so versions can be compared by success rate later.
Model v0.3.0 #6bd904191719

Tech composition (what this version is built from)

#ProcessKindGroup
1 Synthesis valuation-synthesis deterministic final
2 Scenario Analysis scenario-valuation deterministic valuation
3 Valuation / Mispricing ext-lens-value llm extended
4 Company Quality ext-lens-quality llm extended
5 Forensic Memo (combiner) ext-forensic-memo llm extended
6 Classification company-classification llm foundation
7 Live Quote fmp-quote data market-data

Inputs used (the runs that fed this prediction)

Upstream processRanLagRun id
company-classification Jul 19, 2026 freshest TRGP-20260719-030001-040c
ext-forensic-memo Jul 19, 2026 freshest ext-TRGP-20260719-034806-f99f
ext-lens-quality Jul 19, 2026 freshest ext-TRGP-20260719-034806-f99f
ext-lens-value Jul 19, 2026 freshest ext-TRGP-20260719-034806-f99f
scenario-valuation Jul 19, 2026 freshest TRGP-20260719-030001-040c
valuation-synthesis Jul 19, 2026 freshest TRGP-20260719-030001-040c

Inputs flagged 7d+ behind the freshest one may be stale relative to the rest of the analysis.

Saved History

2 frozen snapshots — the record we score once predictions mature.
MadeModelCallAt callTargetExp.Eval due
Aug 15, 2026 v0.6.0 Bear $275.79 $240.00 -13.0% Feb 2027 view
Jul 19, 2026 v0.3.0 Bear $282.91 $243.82 -13.8% Jan 2027 viewing

Not Yet Modeled

What this v0.3.0 forecast deliberately ignores — the work ahead, in plain sight.
  • Signal-adjusted fair value ($82.62) — the red-flag-adjusted anchor isn't the primary input yet (we use the raw DCF/composite blend, which double-counts DCF).
  • Recent momentum / drift — the line takes off straight; the trailing 6-month move (54.8%) doesn't bend the slope.
  • Market beta — computed (1–5mo) for context but does not condition the path.
  • Earnings dates, catalysts, and known events — not modeled.
  • Macro regime & sector rotation — not modeled.
  • Horizon is a fixed 6-month assumption, not a modeled time-to-target.
  • Outcome scoring — predictions aren't yet graded against realized price once the evaluation date passes.