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TransAlta Corporation

TAC

Last
$13.13
Day
+1.9%
1y
-17.4%
5y
+21.4%
52w
-27.9%
SPY YTD
+13.3%
XLU
-4.9%
Earnings
2026-11-0324d
EMA 21
12.37
EMA 50
12.44
EMA 200
12.80
20d high
-2.5%
5y high
-27.9%
5y range
58th
Website · 1,350 employees · Canada

Positions held

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Score
26
Hold
swing
Signal
Buy
Target
$13.56
Stop
$12.33
Stop distance
6.1%
Target vs last
+3.3%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • TransAlta Corporation is well-positioned in the growing renewable energy sector, benefiting from increased demand for sustainable power solutions.
  • In Q2 2026, TransAlta reported a gross margin of 88.9%, significantly up from 63.9% in the previous quarter.
  • The company has a recommendation score of 26.00, indicating a strong buy signal based on positive trends and technical indicators.
Bear case
  • TransAlta faces challenges with high debt levels, reflected in a debt-to-equity ratio of 229.26, which may hinder financial flexibility.
  • In 2025, the company reported a net income loss of $138 million, highlighting ongoing profitability issues.
  • Revenue decreased by 14% in Q2 2026 compared to the previous quarter, indicating potential operational struggles.

Fundamentals

Market cap$4.08BEnterprise value$9.02BTrailing P/E—Forward P/E31.04
PEG6.98Price / book6.73Beta0.48Dividend yield1.53%
Revenue growth12.5%Earnings growth—Gross margin34.8%Operating margin33.3%
Profit margin-1.0%ROE-1.4%ROA2.4%Debt / equity2.29
Current ratio0.84Free cash flow$290.88MAnalyst recommendationbuyMean target$13.00
52w high$17.8852w low$11.38

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$487M$565M$599M$615M$433M—
Op margin29.4%12.9%-8.7%4.1%-0.7%—
Net income$49.0M$13.0M-$36.0M-$49.0M-$99.0M—
Gross margin88.9%63.9%50.3%57.4%77.1%—
Gross profit$433M$361M$301M$353M$334M—
Operating income$143M$73.0M-$52.0M$25.0M-$3.0M—
  • Revenue -14% vs prior quarter ($487M vs $565M).
  • Gross margin 88.9% (was 63.9% prior quarter).
  • Operating margin expanded to 29.4%.

Yearly (6y)

20252024202320222021
Revenue$2.4B$2.8B$3.4B$3.0B—
Op margin2.9%20.4%29.6%16.5%—
Net income-$138M$229M$695M$50.0M—
Gross margin59.0%63.1%65.1%54.9%—
Gross profit$1.4B$1.8B$2.2B$1.6B—
Operating income$70.0M$581M$993M$491M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

TAC · daily+8.0% over 13 sessions
Close EMA21 EMA50 EMA200
11.3311.8312.3212.8213.322026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$99M$80M$258M$437M$615M-9%40%89%2025-Q22025-Q32025-Q42026-Q12026-Q2