Barclays keeps CAD 102.00 target for TC Energy stock

Published on 10/20/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached CAD 3.99 billion on June 30, 2026. TC Energy stock stood at EUR 54.35 on October 20, 2026 ahead of November 5 results.

Analyst targets and upcoming results

Barclays maintained a CAD 102.00 target on October 19, 2026.
Second-quarter revenue reached CAD 3.99 billion for the period ended June 30, 2026.
TC Energy stock stood at EUR 54.35 at 11:12 a.m. CEST at Lang & Schwarz on October 20, 2026.
TC Energy will discuss third-quarter results on November 5, 2026.

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TC Energy stock is trading at EUR 54.35 at Lang & Schwarz on October 20, 2026, while Barclays maintained a CAD 102.00 price target on October 19, 2026. The analyst view arrived before the company discusses its third-quarter results and financial outlook on November 5, 2026, according to TC Energy.

Barclays keeps its CAD 102.00 target

According to Markets Insider on October 19, 2026, Barclays analyst Theresa Chen maintained a Buy rating and a CAD 102.00 target for TC Energy. The report described the target alongside wider energy-sector coverage, giving investors a concrete valuation reference ahead of the next results update.

TC Energy's second-quarter operating picture provides the fundamental counterweight. For the quarter ended June 30, 2026, revenue was reported at CAD 3.99 billion and net profit at CAD 1.02 billion, compared with CAD 3.74 billion of revenue and CAD 861 million of net profit a year earlier, according to Markets Insider on October 16, 2026. That comparison puts revenue growth at 6.68 percent and net profit growth at 18.47 percent.

What will the November call answer?

The November 5 event is scheduled as a conference call on third-quarter financial results, the outlook and other developments. The date was announced by TC Energy on October 16, 2026. The call matters because management will have to frame the next stage of growth against the company's secured CAD 22.00 billion capital program through 2031.

Dividend date adds a second calendar marker

TC Energy also declared a quarterly dividend of CAD 0.88 per share, with payment scheduled for October 30, 2026, according to MarketBeat. The upcoming payment gives the stock a separate income-related date before the results call, while the analyst target keeps attention on valuation.

Stock trades ahead of results

At Lang & Schwarz, TC Energy was trading at EUR 54.35 on October 20, 2026 at 11:12 a.m. CEST. The next concrete catalysts are the October 30 dividend payment and the November 5 third-quarter results call, leaving the scheduled company update as the key near-term test for the investment case.