--- title: "Industry Analysts Just Made A Substantial Upgrade To Their TransAlta Corporation (TSE:TA) Revenue Forecasts" type: "News" locale: "en" url: "https://longbridge.com/en/news/294815280.md" description: "Analysts covering TransAlta Corporation (TSE:TA) have upgraded their revenue forecasts for 2026 to CA$2.2 billion, up from CA$2.0 billion, reflecting increased optimism. However, despite this upgrade, forecasts still predict a 7.4% annualized revenue decline until 2026, underperforming industry peers expected to grow by 5.8%. The consensus price target remains unchanged at CA$23.82." datetime: "2026-08-04T11:22:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294815280.md) - [en](https://longbridge.com/en/news/294815280.md) - [zh-HK](https://longbridge.com/zh-HK/news/294815280.md) --- # Industry Analysts Just Made A Substantial Upgrade To Their TransAlta Corporation (TSE:TA) Revenue Forecasts Celebrations may be in order for **TransAlta Corporation** (TSE:TA) shareholders, with the analysts delivering a significant upgrade to their statutory estimates for the company. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Following the latest upgrade, the current consensus, from the six analysts covering TransAlta, is for revenues of CA$2.2b in 2026, which would reflect a noticeable 3.8% reduction in TransAlta's sales over the past 12 months. Prior to the latest estimates, the analysts were forecasting revenues of CA$2.0b in 2026. It looks like there's been a clear increase in optimism around TransAlta, given the decent improvement in revenue forecasts. See our latest analysis for TransAlta TSX:TA Earnings and Revenue Growth August 4th 2026 There was no particular change to the consensus price target of CA$23.82, with TransAlta's latest outlook seemingly not enough to result in a change of valuation. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the TransAlta's past performance and to peers in the same industry. Over the past five years, revenues have declined around 2.5% annually. Worse, forecasts are essentially predicting the decline to accelerate, with the estimate for an annualised 7.4% decline in revenue until the end of 2026. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 5.8% per year. So while a broad number of companies are forecast to grow, unfortunately TransAlta is expected to see its sales affected worse than other companies in the industry. ## The Bottom Line The highlight for us was that analysts increased their revenue forecasts for TransAlta this year. They're also anticipating slower revenue growth than the wider market. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at TransAlta. Better yet, TransAlta is expected to break-even soon - within the next few years - according to analyst forecasts, which would be a momentous event for shareholders. You can learn more about these forecasts, for free on our platform here. Another way to search for interesting companies that could be **reaching an inflection point** is to track whether management are buying or selling, with our **free** list of growing companies backed by insiders. ### Valuation is complex, but we're here to simplify it. Discover if TransAlta might be undervalued or overvalued with our detailed analysis, featuring **fair value estimates, potential risks, dividends, insider trades, and its financial condition.** Access Free Analysis ### Related Stocks - [TAC.US](https://longbridge.com/en/quote/TAC.US.md) ## Related News & Research - [TransAlta declares quarterly dividend of C$ 0.07 per share](https://longbridge.com/en/news/294264540.md) - [TransAlta Declares Q3 2026 Dividends on Common and Preferred Shares](https://longbridge.com/en/news/294267817.md) - [Canada's Pet Valu Q2 revenue slightly beats on higher retail, franchise sales](https://longbridge.com/en/news/295522761.md) - [TransAlta Reports Strong Second Quarter Results and Reaffirms Guidance | TAC Stock News](https://longbridge.com/en/news/294504357.md) - [Trump made $220M in stock trades in companies he later promoted. Jim Cramer was speechless. Social media isn't — they're calling it insider trading](https://longbridge.com/en/news/295813103.md)