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Terex (TEX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TEX Stock Forecast

Terex stock forecast is as follows: an average price target of $65.00 (represents a 44.22% upside from TEX’s last price of $45.07) 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 $65.00 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 $63.00. This represents a potential 44.22% upside from TEX's last price of $45.07.

TEX Analyst Ratings

Hold

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 20, 2024Jamie CookTruist Financial$63.00$52.5919.81%39.78%
Jul 22, 2024Stephen VolkmannJefferies$67.00$62.656.94%48.66%
Jul 02, 2024Jamie CookTruist Financial$68.00$53.5826.91%50.88%
Mar 13, 2024Jamie CookTruist Financial$73.00$57.9126.06%61.97%
Dec 15, 2022Goldman Sachs$43.00$41.334.04%-4.59%
Dec 14, 2022Morgan Stanley$52.00$43.3320.01%15.38%
Dec 13, 2022Mircea DobreRobert W. Baird$46.00$43.435.92%2.06%
Aug 08, 2022Morgan Stanley$33.00$34.95-5.58%-26.78%
Aug 03, 2022Mircea DobreRobert W. Baird$35.00$34.162.46%-22.34%
May 02, 2022Deutsche Bank$61.00$34.3177.79%35.35%
May 02, 2022Morgan Stanley$46.00$34.6832.64%2.06%
Oct 13, 2021Ross GilardiBank of America Securities$48.00$39.7120.88%6.50%
Oct 12, 2021Jerry RevichGoldman Sachs$45.00$39.9912.53%-0.16%
Oct 12, 2021Timothy TheinCitigroup$50.00$39.9925.03%10.94%
Sep 27, 2021Steve BargerKeyBanc$54.00$44.5121.32%19.81%
Apr 16, 2021Steven FisherUBS$60.00$46.3029.59%33.13%

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 39.78% increase from TEX last price ($45.07).

Terex Price Target by Period

1M3M12M
# Anlaysts-14
Avg Price Target-$63.00$67.75
Last Closing Price$45.07$45.07$45.07
Upside/Downside-100.00%39.78%50.32%

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 $45.07. 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

DateCompanyPrevious RatingNew RatingRating Change
Sep 20, 2024Goldman SachsNeutralNeutralHold
Jul 22, 2024JefferiesHoldHoldHold
Jul 22, 2024CitigroupNeutralNeutralHold
Jun 27, 2024Raymond JamesMarket PerformInitialise
Jun 26, 2024CitigroupNeutralInitialise
Apr 15, 2024Morgan StanleyUnderweightUnderweightHold
Dec 15, 2022Goldman SachsNeutralNeutralHold
Dec 14, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 14, 2022Wells FargoNeutralNeutralHold
Oct 31, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 08, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 02, 2022Deutsche BankBuyBuyHold
May 02, 2022Morgan StanleyEqual-WeightEqual-WeightHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$1.28B$1.39B$1.48B$1.40B$1.22B$1.36B$1.46B$1.37B$1.23B$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$1.32B$1.43B$1.52B$1.44B$1.26B$1.40B$1.50B$1.38B$1.28B$1.20B$1.43B$1.23B$1.27B$1.31B$1.31B$1.17B$1.13B$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$1.26B$1.37B$1.46B$1.38B$1.21B$1.34B$1.44B$1.36B$1.20B$1.15B$1.42B$1.23B$1.18B$1.21B$1.25B$1.12B$1.09B$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
# Analysts1111111373548129955556666987655
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111373548129955556666987655
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$119.11M$129.32M$137.61M$130.23M$113.84M$126.20M$135.72M$127.79M$114.34M$108.10M$132.36M$44.84M$114.15M$117.27M$117.96M$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$122.52M$133.01M$141.54M$133.95M$117.10M$129.80M$139.60M$128.72M$118.95M$111.19M$132.50M$53.81M$117.89M$121.87M$121.33M$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$117.47M$127.53M$135.71M$128.43M$112.27M$124.45M$133.85M$126.03M$111.58M$106.60M$132.22M$35.87M$109.47M$112.76M$116.33M$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 %------------1.01%1.39%-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111373548129955556666987655
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$77.94M$100.70M$124.78M$100.38M$71.51M$93.18M$118.36M$89.76M$51.29M$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$80.84M$104.44M$129.41M$104.11M$74.17M$96.64M$122.75M$91.02M$61.94M$91.50M$140.16M$32.44M$98.75M$128.43M$116.25M$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$76.54M$98.89M$122.54M$98.57M$70.23M$91.51M$116.23M$88.51M$37.97M$86.64M$139.24M$21.62M$90.07M$104.22M$110.07M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111373548129955556666987655
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$153.10M$166.22M$176.87M$167.40M$146.33M$162.21M$174.45M$164.26M$146.97M$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$157.48M$170.97M$181.93M$172.18M$150.51M$166.84M$179.44M$165.45M$152.90M$142.91M$170.31M$69.56M$151.53M$156.64M$155.95M$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$150.99M$163.92M$174.43M$165.09M$144.31M$159.97M$172.04M$161.99M$143.42M$137.02M$169.95M$46.37M$140.70M$144.94M$149.52M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111373548129955556666987655
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$1.16$1.49$1.85$1.49$1.06$1.38$1.76$1.33$0.76$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$1.20$1.55$1.92$1.54$1.10$1.43$1.82$1.35$0.92$1.36$2.08$1.37$1.47$1.91$1.72$1.08$1.17$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$1.14$1.47$1.82$1.46$1.04$1.36$1.72$1.31$0.56$1.29$2.07$1.37$1.34$1.55$1.63$1.02$1.11$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SHYFShyft Group$12.54$35.00179.11%Strong Buy
HYHyster-Yale Materials Handling$52.58$90.0071.17%Buy
TEXTerex$47.29$65.0037.45%Hold
MTWManitowoc Company$9.35$12.7536.36%Buy
CMCOColumbus McKinnon$38.43$49.0027.50%
REVGREV Group$32.60$38.0016.56%Buy
AGCOAGCO$96.86$107.6711.16%Hold
LNNLindsay$127.18$138.508.90%Buy
OSKOshkosh$97.67$105.007.50%Buy
ALGAlamo Group$196.51$209.006.36%Buy
PCARPACCAR$111.66$114.402.45%Buy
ASTEAstec Industries$35.94$36.000.17%Hold
WNCWabash National$18.27$18.00-1.48%Hold

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 $65 with a range of $63 to $67, implying a 44.22% from its last price of $45.07. 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 44.22% (from the last price of $45.07 to the average price target of $65), up by 48.66% based on the highest stock price target, and up by 39.78% based on the lowest stock price target.

Can Terex stock reach $70?

TEX's average twelve months analyst stock price target of $65 does not support the claim that Terex can reach $70 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 $5.42B (high $5.54B, low $5.34B), average EBITDA is $503.55M (high $515.22M, low $496.6M), average net income is $372.81M (high $384.58M, low $366.48M), average SG&A $647.25M (high $662.24M, low $638.31M), and average EPS is $5.53 (high $5.71, low $5.44). TEX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.55B (high $5.71B, low $5.48B), average EBITDA is $516.27M (high $531.02M, low $509.14M), average net income is $403.8M (high $418.8M, low $396.55M), average SG&A $663.59M (high $682.56M, low $654.43M), and average EPS is $5.99 (high $6.21, low $5.88).

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 $390.14M by 63.15%. 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, beating the average prediction of $114.15M by 1.36%. 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%