Terex (TEX) Stock Forecast, Price Target & Predictions
TEX Stock Forecast
Terex stock forecast is as follows: an average price target of $54.90 (represents a -1.06% downside from TEX’s last price of $55.49) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
TEX Price Target
The average price target for Terex (TEX) is $54.90 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $68.00 to $43.00. This represents a potential -1.06% downside from TEX's last price of $55.49.
TEX Analyst Ratings
According to 7 Wall Street analysts, Terex's rating consensus is 'Hold'. The analyst rating breakdown for TEX stock is 0 'Strong Buy' (0.00%), 1 'Buy' (14.29%), 5 'Hold' (71.43%), 1 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).
Terex Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 22, 2024 | Stephen Volkmann | Jefferies | $67.00 | $62.65 | 6.94% | 20.74% |
| Jul 02, 2024 | Jamie Cook | Truist Financial | $68.00 | $53.58 | 26.91% | 22.54% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $73.00 | $57.91 | 26.06% | 31.56% |
| Dec 15, 2022 | - | Goldman Sachs | $43.00 | $41.33 | 4.04% | -22.51% |
| Dec 14, 2022 | - | Morgan Stanley | $52.00 | $43.33 | 20.01% | -6.29% |
| Dec 13, 2022 | Mircea Dobre | Robert W. Baird | $46.00 | $43.43 | 5.92% | -17.10% |
| Aug 08, 2022 | - | Morgan Stanley | $33.00 | $34.95 | -5.58% | -40.53% |
| Aug 03, 2022 | Mircea Dobre | Robert W. Baird | $35.00 | $34.16 | 2.46% | -36.93% |
| May 02, 2022 | - | Deutsche Bank | $61.00 | $34.31 | 77.79% | 9.93% |
| May 02, 2022 | - | Morgan Stanley | $46.00 | $34.68 | 32.64% | -17.10% |
The latest Terex stock forecast, released on Jul 22, 2024 by Stephen Volkmann from Jefferies, set a price target of $67.00, which represents a 6.94% increase from the stock price at the time of the forecast ($62.65), and a 20.74% increase from TEX last price ($55.49).
Terex Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $67.50 | $69.33 |
| Last Closing Price | $55.49 | $55.49 | $55.49 |
| Upside/Downside | -100.00% | 21.64% | 24.94% |
In the current month, the average price target of Terex stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Terex's last price of $55.49. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 22, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 22, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jun 27, 2024 | Raymond James | - | Market Perform | Initialise |
| Jun 26, 2024 | Citigroup | - | Neutral | Initialise |
| Apr 15, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Dec 15, 2022 | Goldman Sachs | Neutral | Neutral | Hold |
| Dec 14, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Dec 14, 2022 | Wells Fargo | Neutral | Neutral | Hold |
| Oct 31, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 08, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Terex's last stock rating was published by Jefferies on Jul 22, 2024. The company gave TEX a "Hold" rating, the same as its previous rate.
Terex Financial Forecast
Terex Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.22B | $1.29B | - | $1.24B | $1.22B | $1.12B | - | $1.00B | $990.10M | $993.80M | $1.04B | $864.20M | $786.70M | $765.60M | $690.50M | $833.60M | $885.00M | $1.02B |
| Avg Forecast | $1.22B | $1.32B | $1.39B | $1.26B | $1.18B | $1.26B | $1.30B | $1.23B | $1.21B | $1.31B | $1.42B | $1.23B | $1.23B | $1.26B | $1.27B | $1.13B | $1.10B | $1.07B | $1.08B | $957.06M | $948.28M | $1.01B | $1.02B | $826.68M | $757.75M | $742.63M | $631.83M | $867.06M | $910.39M | $1.10B |
| High Forecast | $1.24B | $1.34B | $1.42B | $1.29B | $1.20B | $1.28B | $1.33B | $1.25B | $1.23B | $1.34B | $1.45B | $1.25B | $1.27B | $1.31B | $1.29B | $1.15B | $1.12B | $1.09B | $1.08B | $986.42M | $977.37M | $1.04B | $1.05B | $852.05M | $781.00M | $765.41M | $651.22M | $893.66M | $938.33M | $1.14B |
| Low Forecast | $1.18B | $1.28B | $1.35B | $1.23B | $1.15B | $1.22B | $1.26B | $1.19B | $1.17B | $1.22B | $1.38B | $1.20B | $1.18B | $1.21B | $1.23B | $1.10B | $1.07B | $1.04B | $1.08B | $903.38M | $895.10M | $951.97M | $961.05M | $780.32M | $715.26M | $700.98M | $596.40M | $818.43M | $859.34M | $1.04B |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.02% | - | 1.09% | 1.11% | 1.05% | - | 1.05% | 1.04% | 0.99% | 1.02% | 1.05% | 1.04% | 1.03% | 1.09% | 0.96% | 0.97% | 0.93% |
Terex's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.23B, with a low forecast of $1.20B, and a high forecast of $1.25B. TEX's average Quarter revenue forecast represents a 0.80% increase compared to the company's last Quarter revenue of $1.22B (Dec 23).
Terex EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $115.70M | $163.20M | - | $160.20M | $131.40M | $132.50M | - | $86.50M | $92.30M | $86.90M | $113.80M | $75.90M | $53.90M | $33.20M | $16.10M | $3.80M | $37.80M | $71.70M |
| Avg Forecast | $114.90M | $124.64M | $131.27M | $119.32M | $111.37M | $118.47M | $122.84M | $115.74M | $113.83M | $123.78M | $134.34M | $44.84M | $115.85M | $119.02M | $119.72M | $40.77M | $103.83M | $102.23M | $101.72M | $37.06M | $48.88M | $92.93M | $107.26M | $59.80M | $412.33M | $249.00M | $27.77M | $17.10M | $32.61M | $72.56M |
| High Forecast | $116.96M | $126.87M | $133.62M | $121.45M | $113.36M | $120.58M | $125.03M | $117.81M | $115.86M | $126.66M | $136.74M | $53.81M | $119.65M | $123.69M | $121.86M | $48.92M | $105.68M | $122.67M | $101.72M | $44.47M | $58.66M | $111.52M | $128.71M | $71.76M | $494.80M | $298.80M | $33.33M | $20.52M | $39.13M | $87.08M |
| Low Forecast | $111.61M | $121.07M | $127.51M | $115.90M | $108.17M | $115.07M | $119.31M | $112.42M | $110.56M | $115.14M | $130.49M | $35.87M | $111.10M | $114.45M | $116.29M | $32.61M | $100.85M | $81.78M | $101.72M | $29.65M | $39.11M | $74.35M | $85.81M | $47.84M | $329.87M | $199.20M | $22.22M | $13.68M | $26.09M | $58.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.37% | - | 3.93% | 1.27% | 1.30% | - | 2.33% | 1.89% | 0.94% | 1.06% | 1.27% | 0.13% | 0.13% | 0.58% | 0.22% | 1.16% | 0.99% |
4 analysts predict TEX's average Quarter EBITDA for Mar 24 to be $44.84M, with a high of $53.81M and a low of $35.87M. This is -61.24% lower than Terex's previous annual EBITDA (Dec 23) of $115.70M.
Terex Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $126.90M | $119.20M | - | $112.60M | $92.20M | $81.80M | - | $51.90M | $58.00M | $48.10M | $73.90M | $40.10M | $17.70M | $5.80M | $-9.20M | $-24.90M | $24.50M | $21.40M |
| Avg Forecast | $103.91M | $131.33M | $147.36M | $114.31M | $93.09M | $115.14M | $132.42M | $107.66M | $102.27M | $130.57M | $140.32M | $27.03M | $94.50M | $116.17M | $112.59M | $24.57M | $76.34M | $56.58M | $58.67M | $22.34M | $31.14M | $51.44M | $69.65M | $31.59M | $135.41M | $43.50M | $-15.87M | $-112.05M | $21.14M | $21.66M |
| High Forecast | $106.32M | $134.39M | $150.78M | $116.97M | $95.26M | $117.81M | $135.50M | $110.16M | $104.64M | $143.56M | $143.58M | $32.44M | $99.19M | $129.00M | $115.20M | $29.49M | $78.11M | $67.90M | $58.67M | $26.81M | $37.37M | $61.73M | $83.58M | $37.91M | $162.49M | $52.20M | $-12.70M | $-89.64M | $25.36M | $25.99M |
| Low Forecast | $100.03M | $126.44M | $141.86M | $110.05M | $89.62M | $110.84M | $127.48M | $103.64M | $98.45M | $117.58M | $135.09M | $21.62M | $90.47M | $104.69M | $108.39M | $19.66M | $73.49M | $45.27M | $58.67M | $17.87M | $24.91M | $41.15M | $55.72M | $25.28M | $108.32M | $34.80M | $-19.04M | $-134.46M | $16.91M | $17.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.34% | 1.03% | - | 4.58% | 1.21% | 1.45% | - | 2.32% | 1.86% | 0.94% | 1.06% | 1.27% | 0.13% | 0.13% | 0.58% | 0.22% | 1.16% | 0.99% |
Terex's average Quarter net income forecast for Mar 24 is $27.03M, with a range of $21.62M to $32.44M. TEX's average Quarter net income forecast represents a -78.70% decrease compared to the company's last Quarter net income of $126.90M (Dec 23).
Terex SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $146.80M | $129.30M | - | $131.00M | $114.60M | $116.30M | - | $111.30M | $102.10M | $104.30M | $109.10M | $113.90M | $117.60M | $109.80M | $99.70M | $143.80M | $145.70M | $123.20M |
| Avg Forecast | $145.52M | $157.85M | $166.25M | $151.11M | $141.04M | $150.03M | $155.56M | $146.57M | $144.15M | $156.76M | $170.13M | $57.97M | $146.72M | $150.73M | $151.62M | $52.70M | $131.49M | $122.70M | $128.81M | $47.91M | $54.08M | $111.54M | $102.83M | $89.74M | $90.55M | $88.75M | $171.98M | $647.10M | $125.70M | $124.68M |
| High Forecast | $148.12M | $160.67M | $169.22M | $153.81M | $143.56M | $152.71M | $158.34M | $149.19M | $146.73M | $160.40M | $173.17M | $69.56M | $151.53M | $156.64M | $154.33M | $63.24M | $133.84M | $147.24M | $128.81M | $57.49M | $64.89M | $133.85M | $123.39M | $107.69M | $93.33M | $91.47M | $206.38M | $776.52M | $150.83M | $149.62M |
| Low Forecast | $141.34M | $153.32M | $161.48M | $146.78M | $136.99M | $145.72M | $151.10M | $142.37M | $140.02M | $145.82M | $165.25M | $46.37M | $140.70M | $144.94M | $147.27M | $42.16M | $127.72M | $98.16M | $128.81M | $38.33M | $43.26M | $89.23M | $82.26M | $71.79M | $85.48M | $83.77M | $137.59M | $517.68M | $100.56M | $99.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.86% | - | 2.49% | 0.87% | 0.95% | - | 2.32% | 1.89% | 0.94% | 1.06% | 1.27% | 1.30% | 1.24% | 0.58% | 0.22% | 1.16% | 0.99% |
Terex's average Quarter SG&A projection for Mar 24 is $57.97M, based on 4 Wall Street analysts, with a range of $46.37M to $69.56M. The forecast indicates a -60.51% fall compared to TEX last annual SG&A of $146.80M (Dec 23).
Terex EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $67.20 | $1.77 | - | $1.66 | $1.37 | $1.21 | - | $0.74 | $0.83 | $0.69 | $1.06 | $0.58 | $0.26 | $0.08 | $-0.13 | $-0.35 | $0.34 | $0.30 |
| Avg Forecast | $1.53 | $1.94 | $2.18 | $1.69 | $1.38 | $1.70 | $1.96 | $1.59 | $1.51 | $1.93 | $2.07 | $1.37 | $1.40 | $1.72 | $1.66 | $1.04 | $1.13 | $1.04 | $0.86 | $0.46 | $0.54 | $0.69 | $0.60 | $0.24 | $0.02 | $0.03 | $-0.60 | $-0.05 | $0.19 | $0.83 |
| High Forecast | $1.57 | $1.99 | $2.23 | $1.73 | $1.41 | $1.74 | $2.00 | $1.63 | $1.55 | $2.12 | $2.12 | $1.40 | $1.47 | $1.91 | $1.70 | $1.06 | $1.15 | $1.07 | $0.86 | $0.48 | $0.56 | $0.72 | $0.62 | $0.25 | $0.02 | $0.03 | $-0.56 | $-0.05 | $0.19 | $0.86 |
| Low Forecast | $1.48 | $1.87 | $2.10 | $1.63 | $1.32 | $1.64 | $1.88 | $1.53 | $1.45 | $1.74 | $2.00 | $1.32 | $1.34 | $1.55 | $1.60 | $1.00 | $1.09 | $1.00 | $0.86 | $0.43 | $0.50 | $0.64 | $0.55 | $0.23 | $0.02 | $0.03 | $-0.62 | $-0.05 | $0.17 | $0.77 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 48.14% | 1.03% | - | 1.60% | 1.21% | 1.16% | - | 1.60% | 1.53% | 0.99% | 1.78% | 2.38% | 11.47% | 2.47% | 0.22% | 6.83% | 1.83% | 0.36% |
According to 4 Wall Street analysts, Terex's projected average Quarter EPS for Mar 24 is $1.37, with a low estimate of $1.32 and a high estimate of $1.40. This represents a -97.96% decrease compared to TEX previous annual EPS of $67.20 (Dec 23).
Terex Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SHYF | Shyft Group | $12.83 | $35.00 | 172.80% | Strong Buy |
| CMCO | Columbus McKinnon | $31.76 | $49.00 | 54.28% | - |
| AGCO | AGCO | $92.71 | $139.00 | 49.93% | Buy |
| HY | Hyster-Yale Materials Handling | $60.88 | $90.00 | 47.83% | Buy |
| MTW | Manitowoc Company | $10.04 | $12.75 | 26.99% | Buy |
| ALG | Alamo Group | $178.90 | $215.00 | 20.18% | Buy |
| WNC | Wabash National | $19.68 | $23.25 | 18.14% | Hold |
| ASTE | Astec Industries | $32.00 | $36.00 | 12.50% | Hold |
| LNN | Lindsay | $123.36 | $138.50 | 12.27% | Buy |
| OSK | Oshkosh | $104.09 | $111.40 | 7.02% | Buy |
| TEX | Terex | $55.49 | $54.90 | -1.06% | Hold |
| PCAR | PACCAR | $97.99 | $85.32 | -12.93% | Buy |
| REVG | REV Group | $28.57 | $19.60 | -31.40% | Buy |
TEX Forecast FAQ
Is Terex a good buy?
No, according to 7 Wall Street analysts, Terex (TEX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 14.29% of TEX's total ratings.
What is TEX's price target?
Terex (TEX) average price target is $54.9 with a range of $43 to $68, implying a -1.06% from its last price of $55.49. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Terex stock go up soon?
According to Wall Street analysts' prediction for TEX stock, the company can go down by -1.06% (from the last price of $55.49 to the average price target of $54.9), up by 22.54% based on the highest stock price target, and down by -22.51% based on the lowest stock price target.
Can Terex stock reach $80?
TEX's average twelve months analyst stock price target of $54.9 does not support the claim that Terex can reach $80 in the near future.
What are Terex's analysts' financial forecasts?
Terex's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.96B (high $5.05B, low $4.82B), average EBITDA is $468.4M (high $476.78M, low $454.97M), average net income is $448.31M (high $458.73M, low $431.6M), average SG&A $593.2M (high $603.8M, low $576.18M), and average EPS is $6.62 (high $6.78, low $6.38). TEX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.19B (high $5.29B, low $5.05B), average EBITDA is $490.14M (high $498.9M, low $476.08M), average net income is $496.91M (high $508.46M, low $478.38M), average SG&A $620.72M (high $631.82M, low $602.92M), and average EPS is $7.34 (high $7.51, low $7.07).
Did the TEX's actual financial results beat the analysts' financial forecasts?
Based on Terex's last annual report (Dec 2023), the company's revenue was $5.15B, beating the average analysts forecast of $4.89B by 5.30%. Apple's EBITDA was $636.5M, beating the average prediction of $395.36M by 60.99%. The company's net income was $518M, beating the average estimation of $347.82M by 48.93%. Apple's SG&A was $540.1M, beating the average forecast of $501.76M by 7.64%. Lastly, the company's EPS was $67.5, beating the average prediction of $5.81 by 1061.19%. In terms of the last quarterly report (Dec 2023), Terex's revenue was $1.22B, missing the average analysts' forecast of $1.23B by -0.42%. The company's EBITDA was $115.7M, missing the average prediction of $115.85M by -0.13%. Terex's net income was $126.9M, beating the average estimation of $94.5M by 34.29%. The company's SG&A was $146.8M, beating the average forecast of $146.72M by 0.06%. Lastly, the company's EPS was $67.2, beating the average prediction of $1.4 by 4714.41%