TC Energy stock: UBS keeps CAD 109.00 target for TC Energy stock

Published on 10/19/2026 at 15:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was CAD 3.99 billion in the second quarter. TC Energy stock costs EUR 54.99 on October 19, 2026, up 1.03 percent versus the Tradegate close.

Analyst target and reporting date

UBS maintained a Buy rating and a CAD 109.00 target on October 17, 2026.
Revenue reached CAD 3.99 billion in the second quarter ended June 30, 2026, versus CAD 3.74 billion a year earlier.
TC Energy stock costs EUR 54.99 at Lang & Schwarz on October 19, 2026 at 3:17 p.m. CEST, up 1.03 percent versus the Tradegate close of October 16, 2026.
TC Energy will discuss third-quarter results on November 5, 2026.

TRP, CA87807B1076, Illustration mit AI erstellt.

UBS maintained a Buy rating and a CAD 109.00 price target for TC Energy on October 17, 2026, according to Markets Insider. Against the CAD 87.13 TSX close cited in the same report, the target is 25.18 percent above the price. TC Energy stock was trading at EUR 54.99 at Lang & Schwarz on October 19, 2026 at 3:17 p.m. CEST, up 1.03 percent versus the Tradegate close of October 16, 2026 at EUR 54.43.

Revenue reached CAD 3.99 billion

TC Energy reported revenue of CAD 3.99 billion for the second quarter ended June 30, 2026, compared with CAD 3.74 billion in the year-earlier quarter. Net profit was CAD 1.02 billion versus CAD 861 million a year earlier, according to Markets Insider. The comparison puts revenue 6.68 percent higher and net profit 18.47 percent higher than in the year-earlier quarter.

Price position and valuation

The euro quotation is 1.03 percent above the Tradegate close used for the German-market comparison. The primary listing is on the TSX and NYSE under TRP, while the latest structured quote showed a USD 64.3 billion market capitalization, a P/E ratio of 26.17 and volume of 2,793,265 shares on October 16, 2026. The primary-exchange quote stood at USD 61.71 on that date, with a 52-week range of USD 49.27 to USD 71.47.

Next reporting date is November 5

TC Energy will hold its third-quarter 2026 results call on November 5, 2026. The company said the event will include an update on its financial outlook, according to TC Energy. That date gives the market its next scheduled results point after the second-quarter figures.

What the target implies for the stock

The UBS target is stated in Canadian dollars, matching the TSX price cited in the analyst report rather than the euro quotation in Germany. The 25.18 percent distance shows the scale of the target comparison without turning it into a recommendation. TC Energy operates energy infrastructure across Canada, the United States and Mexico, with natural-gas pipelines, power assets and storage operations.

German-market price

The stock was trading at EUR 54.99 at Lang & Schwarz on October 19, 2026 at 3:17 p.m. CEST, 1.03 percent above the Tradegate close of October 16, 2026 at EUR 54.43. The further course of trading is shown by the continuously updated real-time quote of TC Energy stock.