Terex (TEX) Stock Forecast, Price Target & Predictions
TEX Stock Forecast
Terex stock forecast is as follows: an average price target of $54.40 (represents a 6.21% upside from TEX’s last price of $51.22) 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 $54.40 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $67.00 to $43.00. This represents a potential 6.21% upside from TEX's last price of $51.22.
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 |
|---|---|---|---|---|---|---|
| Sep 20, 2024 | Jamie Cook | Truist Financial | $63.00 | $52.59 | 19.81% | 23.00% |
| Jul 22, 2024 | Stephen Volkmann | Jefferies | $67.00 | $62.65 | 6.94% | 30.81% |
| Jul 02, 2024 | Jamie Cook | Truist Financial | $68.00 | $53.58 | 26.91% | 32.76% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $73.00 | $57.91 | 26.06% | 42.52% |
| Dec 15, 2022 | - | Goldman Sachs | $43.00 | $41.33 | 4.04% | -16.05% |
| Dec 14, 2022 | - | Morgan Stanley | $52.00 | $43.33 | 20.01% | 1.52% |
| Dec 13, 2022 | Mircea Dobre | Robert W. Baird | $46.00 | $43.43 | 5.92% | -10.19% |
| Aug 08, 2022 | - | Morgan Stanley | $33.00 | $34.95 | -5.58% | -35.57% |
| Aug 03, 2022 | Mircea Dobre | Robert W. Baird | $35.00 | $34.16 | 2.46% | -31.67% |
| May 02, 2022 | - | Deutsche Bank | $61.00 | $34.31 | 77.79% | 19.09% |
The latest Terex stock forecast, released on Sep 20, 2024 by Jamie Cook from Truist Financial, set a price target of $63.00, which represents a 19.81% increase from the stock price at the time of the forecast ($52.59), and a 23.00% increase from TEX last price ($51.22).
Terex Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $63.00 | $67.75 |
| Last Closing Price | $51.22 | $51.22 | $51.22 |
| Upside/Downside | -100.00% | 23.00% | 32.27% |
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 $51.22. 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 |
|---|---|---|---|---|
| Sep 20, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| 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 |
Terex's last stock rating was published by Goldman Sachs on Sep 20, 2024. The company gave TEX a "Neutral" 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 | Jun 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 | $1.08B | $1.00B | $990.10M | $993.80M | $1.04B | $864.20M | $786.70M | $765.60M | $690.50M | $833.60M | $885.00M | $1.02B |
| Avg Forecast | $1.26B | $1.35B | $1.42B | $1.35B | $1.21B | $1.33B | $1.42B | $1.34B | $1.20B | $1.16B | $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 | $1.33B | $1.42B | $1.49B | $1.41B | $1.27B | $1.40B | $1.50B | $1.41B | $1.25B | $1.22B | $1.43B | $1.23B | $1.27B | $1.31B | $1.33B | $1.19B | $1.16B | $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 |
| Low Forecast | $1.17B | $1.26B | $1.32B | $1.25B | $1.12B | $1.24B | $1.32B | $1.25B | $1.12B | $1.08B | $1.42B | $1.23B | $1.18B | $1.21B | $1.18B | $1.05B | $1.02B | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.02% | - | 1.09% | 1.11% | 1.05% | 1.00% | 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 $1.23B, and a high forecast of $1.23B. 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $115.70M | $163.20M | - | $160.20M | $131.40M | $132.50M | $101.00M | $86.50M | $92.30M | $86.90M | $113.80M | $75.90M | $53.90M | $33.20M | $16.10M | $3.80M | $37.80M | $71.70M |
| Avg Forecast | $119.23M | $127.79M | $133.66M | $126.94M | $114.10M | $125.70M | $134.43M | $126.60M | $113.15M | $109.71M | $134.34M | $44.84M | $115.85M | $119.02M | $119.72M | $40.77M | $53.77M | $101.16M | $101.72M | $37.06M | $89.48M | $95.17M | $96.07M | $59.80M | $71.50M | $70.08M | $59.62M | $17.10M | $85.91M | $104.25M |
| High Forecast | $125.38M | $134.38M | $140.55M | $133.48M | $119.99M | $132.18M | $141.37M | $133.13M | $118.39M | $115.37M | $134.48M | $53.81M | $119.65M | $123.69M | $125.90M | $48.92M | $64.53M | $101.16M | $101.72M | $44.47M | $89.48M | $95.17M | $96.07M | $71.76M | $71.50M | $70.08M | $59.62M | $20.52M | $85.91M | $104.25M |
| Low Forecast | $110.70M | $118.65M | $124.09M | $117.85M | $105.94M | $116.71M | $124.82M | $117.54M | $105.82M | $101.86M | $134.20M | $35.87M | $111.10M | $114.45M | $111.16M | $32.61M | $43.02M | $101.16M | $101.72M | $29.65M | $89.48M | $95.17M | $96.07M | $47.84M | $71.50M | $70.08M | $59.62M | $13.68M | $85.91M | $104.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.37% | - | 3.93% | 2.44% | 1.31% | 0.99% | 2.33% | 1.03% | 0.91% | 1.18% | 1.27% | 0.75% | 0.47% | 0.27% | 0.22% | 0.44% | 0.69% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $126.90M | $119.20M | - | $112.60M | $92.20M | $81.80M | $74.10M | $51.90M | $58.00M | $48.10M | $73.90M | $40.10M | $17.70M | $5.80M | $-9.20M | $-24.90M | $24.50M | $21.40M |
| Avg Forecast | $81.45M | $109.68M | $124.80M | $102.68M | $73.70M | $95.64M | $118.58M | $93.31M | $58.50M | $88.22M | $139.70M | $27.03M | $94.08M | $115.65M | $112.09M | $24.57M | $34.26M | $70.53M | $58.49M | $22.34M | $36.66M | $46.98M | $40.34M | $31.59M | $1.53M | $2.19M | $-40.59M | $-112.05M | $12.58M | $56.20M |
| High Forecast | $86.91M | $117.03M | $133.17M | $109.57M | $78.64M | $102.05M | $126.53M | $95.79M | $63.98M | $94.14M | $140.16M | $32.44M | $98.75M | $128.43M | $119.60M | $29.49M | $41.11M | $70.53M | $58.49M | $26.81M | $36.66M | $46.98M | $40.34M | $37.91M | $1.53M | $2.19M | $-40.59M | $-89.64M | $12.58M | $56.20M |
| Low Forecast | $73.88M | $99.47M | $113.19M | $93.13M | $66.84M | $86.74M | $107.55M | $90.20M | $48.14M | $80.02M | $139.24M | $21.62M | $90.07M | $104.22M | $101.66M | $19.66M | $27.41M | $70.53M | $58.49M | $17.87M | $36.66M | $46.98M | $40.34M | $25.28M | $1.53M | $2.19M | $-40.59M | $-134.46M | $12.58M | $56.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | 1.03% | - | 4.58% | 2.69% | 1.16% | 1.27% | 2.32% | 1.58% | 1.02% | 1.83% | 1.27% | 11.54% | 2.65% | 0.23% | 0.22% | 1.95% | 0.38% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $146.80M | $129.30M | - | $131.00M | $114.60M | $116.30M | $109.00M | $111.30M | $102.10M | $104.30M | $109.10M | $113.90M | $117.60M | $109.80M | $99.70M | $143.80M | $145.70M | $123.20M |
| Avg Forecast | $150.99M | $161.83M | $169.27M | $160.75M | $144.50M | $159.19M | $170.25M | $160.33M | $143.30M | $138.94M | $170.13M | $57.97M | $146.72M | $150.73M | $151.62M | $52.70M | $59.48M | $128.11M | $128.81M | $47.91M | $113.32M | $120.52M | $121.67M | $89.74M | $90.55M | $88.75M | $75.51M | $647.10M | $108.79M | $132.02M |
| High Forecast | $158.78M | $170.18M | $178.00M | $169.05M | $151.95M | $167.40M | $179.03M | $168.60M | $149.93M | $146.11M | $170.31M | $69.56M | $151.53M | $156.64M | $159.44M | $63.24M | $71.38M | $128.11M | $128.81M | $57.49M | $113.32M | $120.52M | $121.67M | $107.69M | $90.55M | $88.75M | $75.51M | $776.52M | $108.79M | $132.02M |
| Low Forecast | $140.19M | $150.25M | $157.16M | $149.25M | $134.16M | $147.80M | $158.07M | $148.86M | $134.01M | $129.00M | $169.95M | $46.37M | $140.70M | $144.94M | $140.77M | $42.16M | $47.59M | $128.11M | $128.81M | $38.33M | $113.32M | $120.52M | $121.67M | $71.79M | $90.55M | $88.75M | $75.51M | $517.68M | $108.79M | $132.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.86% | - | 2.49% | 1.93% | 0.91% | 0.85% | 2.32% | 0.90% | 0.87% | 0.90% | 1.27% | 1.30% | 1.24% | 1.32% | 0.22% | 1.34% | 0.93% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $67.20 | $1.77 | - | $1.66 | $1.37 | $1.21 | $1.08 | $0.74 | $0.83 | $0.69 | $1.06 | $0.58 | $0.26 | $0.08 | $-0.13 | $-0.35 | $0.34 | $0.30 |
| Avg Forecast | $1.21 | $1.63 | $1.85 | $1.52 | $1.09 | $1.42 | $1.76 | $1.38 | $0.87 | $1.31 | $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 | $1.29 | $1.74 | $1.98 | $1.63 | $1.17 | $1.51 | $1.88 | $1.42 | $0.95 | $1.40 | $2.08 | $1.37 | $1.47 | $1.91 | $1.77 | $1.11 | $1.20 | $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 |
| Low Forecast | $1.10 | $1.48 | $1.68 | $1.38 | $0.99 | $1.29 | $1.60 | $1.34 | $0.71 | $1.19 | $2.07 | $1.37 | $1.34 | $1.55 | $1.51 | $0.94 | $1.02 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 48.14% | 1.03% | - | 1.60% | 1.21% | 1.16% | 1.25% | 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 $1.37 and a high estimate of $1.37. 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 | $13.20 | $35.00 | 165.15% | Strong Buy |
| CMCO | Columbus McKinnon | $31.42 | $49.00 | 55.95% | - |
| MTW | Manitowoc Company | $8.63 | $12.75 | 47.74% | Buy |
| HY | Hyster-Yale Materials Handling | $62.68 | $90.00 | 43.59% | Buy |
| AGCO | AGCO | $97.87 | $137.79 | 40.79% | Hold |
| WNC | Wabash National | $17.77 | $23.25 | 30.84% | Hold |
| ALG | Alamo Group | $183.27 | $215.00 | 17.31% | Buy |
| LNN | Lindsay | $118.92 | $138.50 | 16.46% | Buy |
| ASTE | Astec Industries | $32.37 | $36.00 | 11.21% | Hold |
| OSK | Oshkosh | $102.93 | $111.40 | 8.23% | Buy |
| TEX | Terex | $51.22 | $54.40 | 6.21% | Hold |
| PCAR | PACCAR | $104.82 | $92.03 | -12.20% | Hold |
| REVG | REV Group | $27.03 | $19.60 | -27.49% | 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 $54.4 with a range of $43 to $67, implying a 6.21% from its last price of $51.22. 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 up by 6.21% (from the last price of $51.22 to the average price target of $54.4), up by 30.81% based on the highest stock price target, and down by -16.05% based on the lowest stock price target.
Can Terex stock reach $80?
TEX's average twelve months analyst stock price target of $54.4 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 $5.31B (high $5.58B, low $4.93B), average EBITDA is $500.83M (high $526.67M, low $465M), average net income is $381.22M (high $403.02M, low $351.33M), average SG&A $634.26M (high $666.98M, low $588.88M), and average EPS is $5.66 (high $5.98, low $5.21). TEX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.38B (high $5.66B, low $4.99B), average EBITDA is $507.61M (high $533.79M, low $471.29M), average net income is $418.61M (high $446.68M, low $379.67M), average SG&A $642.84M (high $676M, low $596.85M), and average EPS is $6.21 (high $6.63, low $5.63).
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 $346.39M by 49.54%. 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 $94.08M by 34.89%. 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%