Terex Corporation (TEX)
NYSE: TEX · IEX Real-Time Price · USD
53.38
-0.20 (-0.37%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Terex Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Terex stock have an average target of 62.33, with a low estimate of 57 and a high estimate of 68. The average target predicts an increase of 16.77% from the current stock price of 53.38.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Terex stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 11 | 11 | 11 | 9 | 11 | 11 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 16 | 16 | 13 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $73 → $68 | Strong Buy | Maintains | $73 → $68 | +27.39% | Jul 2, 2024 |
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 28, 2024 |
| Citigroup | Citigroup | Hold Initiates $60 | Hold | Initiates | $60 | +12.40% | Jun 26, 2024 |
| UBS | UBS | Hold Maintains $62 → $64 | Hold | Maintains | $62 → $64 | +19.90% | May 21, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $63 | Buy → Hold | Downgrades | $63 | +18.02% | Mar 18, 2024 |
Financial Forecast
Revenue This Year
5.33B
from 5.15B
Increased by 3.37%
Revenue Next Year
5.29B
from 5.33B
Decreased by -0.71%
EPS This Year
7.19
from 7.58
Decreased by -5.09%
EPS Next Year
7.31
from 7.19
Increased by 1.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.7B | 5.9B | 6.0B | 6.2B | 6.4B |
| Avg | 5.3B | 5.3B | 5.3B | 6.0B | 6.2B |
| Low | 4.9B | 4.7B | 4.7B | 5.8B | 6.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.4% | 9.9% | 13.8% | 17.2% | 7.2% |
| Avg | 3.4% | -0.7% | 0.5% | 12.7% | 3.1% |
| Low | -5.7% | -11.3% | -11.0% | 9.4% | 0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.76 | 8.66 | 9.19 | 7.25 | 6.98 |
| Avg | 7.19 | 7.31 | 7.60 | 6.97 | 6.72 |
| Low | 6.40 | 6.22 | 6.20 | 6.76 | 6.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.4% | 20.4% | 25.6% | -4.6% | 0.2% |
| Avg | -5.1% | 1.7% | 3.9% | -8.3% | -3.6% |
| Low | -15.6% | -13.5% | -15.2% | -11.0% | -6.5% |
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.