Terex Corporation (TEX)
NYSE: TEX · Real-Time Price · USD
51.41
-0.30 (-0.58%)
At close: Nov 1, 2024, 4:00 PM
51.93
+0.52 (1.01%)
After-hours: Nov 1, 2024, 5:00 PM EDT
Terex Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Terex stock have an average target of 59.91, with a low estimate of 55 and a high estimate of 64. The average target predicts an increase of 16.53% from the current stock price of 51.41.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Terex stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 9 | 11 | 11 | 11 | 11 | 9 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 15 | 14 | 14 | 14 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $65 → $55 | Hold | Maintains | $65 → $55 | +6.98% | Oct 31, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $65 → $62 | Hold | Maintains | $65 → $62 | +20.60% | Oct 14, 2024 |
| Baird | Baird | Hold Maintains $63 → $65 | Hold | Maintains | $63 → $65 | +26.43% | Oct 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $63 → $62 | Strong Buy | Maintains | $63 → $62 | +20.60% | Oct 9, 2024 |
| Citigroup | Citigroup | Hold Maintains $60 → $57 | Hold | Maintains | $60 → $57 | +10.87% | Sep 23, 2024 |
Financial Forecast
Revenue This Year
5.04B
from 5.15B
Decreased by -2.18%
Revenue Next Year
4.78B
from 5.04B
Decreased by -5.18%
EPS This Year
7.24
from 7.58
Decreased by -4.43%
EPS Next Year
6.94
from 7.24
Decreased by -4.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.5B | 5.5B | 5.5B | ||
| Avg | 5.0B | 4.8B | 4.9B | ||
| Low | 4.6B | 4.1B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.5% | 8.7% | 15.8% | ||
| Avg | -2.2% | -5.2% | 2.2% | ||
| Low | -11.2% | -19.4% | -7.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.67 | 8.55 | 9.19 | ||
| Avg | 7.24 | 6.94 | 7.60 | ||
| Low | 6.86 | 5.64 | 6.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1% | 18.1% | 32.5% | ||
| Avg | -4.4% | -4.2% | 9.5% | ||
| Low | -9.5% | -22.2% | 0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.