Terex Corporation (TEX)
NYSE: TEX · Real-Time Price · USD
53.80
+0.91 (1.72%)
Nov 22, 2024, 4:00 PM EST - Market closed
Terex Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Terex stock have an average target of 60.18, with a low estimate of 55 and a high estimate of 65. The average target predicts an increase of 11.86% from the current stock price of 53.80.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 11 | 11 | 11 | 11 | 9 | 9 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 14 | 14 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $62 → $65 | Strong Buy | Maintains | $62 → $65 | +20.82% | Nov 4, 2024 |
| Baird | Baird | Hold Maintains $65 → $55 | Hold | Maintains | $65 → $55 | +2.23% | Oct 31, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $65 → $62 | Hold | Maintains | $65 → $62 | +15.24% | Oct 14, 2024 |
| Baird | Baird | Hold Maintains $63 → $65 | Hold | Maintains | $63 → $65 | +20.82% | Oct 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $63 → $62 | Strong Buy | Maintains | $63 → $62 | +15.24% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
5.17B
from 5.15B
Increased by 0.32%
Revenue Next Year
5.52B
from 5.17B
Increased by 6.71%
EPS This Year
5.82
from 7.58
Decreased by -23.26%
EPS Next Year
5.50
from 5.82
Decreased by -5.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.4B | 6.0B | 6.3B | ||
| Avg | 5.2B | 5.5B | 5.7B | ||
| Low | 5.0B | 4.9B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.5% | 15.8% | 13.4% | ||
| Avg | 0.3% | 6.7% | 3.9% | ||
| Low | -3.0% | -4.8% | -7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.27 | 6.98 | 7.44 | ||
| Avg | 5.82 | 5.50 | 6.29 | ||
| Low | 5.48 | 4.03 | 4.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -17.3% | 20.1% | 35.4% | ||
| Avg | -23.3% | -5.5% | 14.4% | ||
| Low | -27.7% | -30.7% | -16.9% |
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.