Ternium (TX) Stock Forecast, Price Target & Predictions


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TX Stock Forecast


Ternium stock forecast is as follows: an average price target of $50.00 (represents a 72.59% upside from TX’s last price of $28.97) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

TX Price Target


The average price target for Ternium (TX) is $50.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $50.00. This represents a potential 72.59% upside from TX's last price of $28.97.

TX Analyst Ratings


Buy

According to 4 Wall Street analysts, Ternium's rating consensus is 'Buy'. The analyst rating breakdown for TX stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ternium Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 13, 2023Alexander HackingCitigroup$50.00$40.5223.40%72.59%

The latest Ternium stock forecast, released on Jun 13, 2023 by Alexander Hacking from Citigroup, set a price target of $50.00, which represents a 23.40% increase from the stock price at the time of the forecast ($40.52), and a 72.59% increase from TX last price ($28.97).

Ternium Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$28.97$28.97$28.97
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Ternium stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ternium's last price of $28.97. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jun 21, 2024CitigroupBuyBuyHold
Apr 05, 2024Goldman SachsBuyBuyHold
Nov 20, 2023Bank of America SecuritiesBuyUpgrade
Mar 06, 2023Morgan StanleyOverweightUpgrade

Ternium's last stock rating was published by Citigroup on Jun 21, 2024. The company gave TX a "Buy" rating, the same as its previous rate.

Ternium Financial Forecast


Ternium Revenue Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
Revenue-----------$3.62B$3.55B$4.13B$4.44B$4.30B$4.33B$4.59B$3.92B$3.25B$2.58B$2.14B$1.75B$2.27B$2.34B$2.42B$2.81B$2.74B$2.96B$2.04B
Avg Forecast$4.57B$4.70B$4.65B$4.49B$4.30B$4.45B$4.57B$4.78B$4.94B$3.79B$4.11B$3.63B$3.71B$3.98B$4.53B$4.36B$4.62B$4.54B$3.78B$3.20B$2.46B$2.01B$1.67B$2.38B$2.28B$2.57B$2.70B$2.70B$1.75B$1.40B
High Forecast$4.60B$4.73B$4.68B$4.50B$4.33B$4.49B$4.57B$4.82B$5.05B$3.93B$4.14B$3.66B$3.74B$3.98B$4.53B$4.36B$4.62B$4.54B$3.78B$3.20B$2.46B$2.01B$1.67B$2.38B$2.28B$2.57B$2.70B$2.70B$2.10B$1.69B
Low Forecast$4.53B$4.66B$4.62B$4.48B$4.27B$4.41B$4.57B$4.74B$4.82B$3.67B$4.08B$3.61B$3.69B$3.98B$4.53B$4.36B$4.62B$4.54B$3.78B$3.20B$2.46B$2.01B$1.67B$2.38B$2.28B$2.57B$2.70B$2.70B$1.40B$1.12B
# Analysts1112111125443333444441681171177177
Surprise %-----------1.00%0.95%1.04%0.98%0.99%0.94%1.01%1.04%1.02%1.05%1.06%1.04%0.96%1.02%0.94%1.04%1.01%1.69%1.45%

Ternium's average Quarter revenue forecast for Jun 23 based on 4 analysts is $4.11B, with a low forecast of $4.08B, and a high forecast of $4.14B. TX's average Quarter revenue forecast represents a 13.49% increase compared to the company's last Quarter revenue of $3.62B (Mar 23).

Ternium EBITDA Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112111125443333444441681171177177
EBITDA-----------$567.00M$248.00M$549.41M$1.32B$1.29B$1.49B$1.84B$1.49B$1.02B$771.22M$334.46M$203.63M$438.38M$263.53M$362.76M$425.16M$471.23M$583.71M$418.55M
Avg Forecast$960.61M$988.07M$978.40M$945.28M$904.05M$936.25M$961.66M$1.35B$1.04B$798.23M$865.26M$1.23B$1.60B$912.94M$1.04B$973.52M$1.06B$1.04B$866.12M$769.58M$563.40M$461.06M$384.01M$849.79M$523.98M$589.19M$618.66M$468.57M$245.36M$240.40M
High Forecast$967.46M$995.12M$985.38M$947.40M$910.52M$944.27M$961.66M$1.63B$1.06B$826.17M$871.44M$1.48B$1.91B$912.94M$1.04B$1.17B$1.06B$1.04B$866.12M$923.50M$563.40M$461.06M$384.01M$1.02B$523.98M$589.19M$618.66M$562.29M$294.44M$288.47M
Low Forecast$953.76M$981.03M$971.42M$943.15M$897.57M$928.24M$961.66M$1.08B$1.01B$772.35M$859.09M$985.20M$1.28B$912.94M$1.04B$778.82M$1.06B$1.04B$866.12M$615.66M$563.40M$461.06M$384.01M$679.83M$523.98M$589.19M$618.66M$374.86M$196.29M$192.32M
Surprise %-----------0.46%0.16%0.60%1.27%1.32%1.41%1.77%1.71%1.33%1.37%0.73%0.53%0.52%0.50%0.62%0.69%1.01%2.38%1.74%

4 analysts predict TX's average Quarter EBITDA for Jun 23 to be $865.26M, with a high of $871.44M and a low of $859.09M. This is 52.60% upper than Ternium's previous annual EBITDA (Mar 23) of $567.00M.

Ternium Net Income Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112111125443333444441681171177177
Net Income-----------$374.00M$59.00M$219.90M$799.27M$775.62M$1.14B$1.20B$1.02B$602.93M$600.41M$145.59M$44.05M$-11.58M$66.66M$94.50M$181.12M$218.22M$366.72M$261.33M
Avg Forecast$280.85M$286.07M$330.54M$268.22M$165.00M$124.36M$244.76M$798.13M$228.62M$301.57M$381.85M$725.58M$1.07B$364.44M$704.11M$573.58M$986.72M$1.06B$681.95M$453.42M$227.09M$52.76M$57.13K$-22.45M$77.61M$82.77M$170.11M$215.79M$149.75M$150.10M
High Forecast$283.46M$288.73M$333.61M$270.71M$171.00M$125.51M$253.75M$957.76M$306.56M$343.83M$385.40M$870.69M$1.28B$364.44M$704.11M$688.29M$986.72M$1.06B$681.95M$544.11M$227.09M$52.76M$57.13K$-17.96M$77.61M$82.77M$170.11M$258.94M$179.70M$180.12M
Low Forecast$278.25M$283.42M$327.48M$265.73M$159.00M$123.21M$235.78M$638.51M$150.68M$243.95M$378.31M$580.46M$853.35M$364.44M$704.11M$458.86M$986.72M$1.06B$681.95M$362.74M$227.09M$52.76M$57.13K$-26.94M$77.61M$82.77M$170.11M$172.63M$119.80M$120.08M
Surprise %-----------0.52%0.06%0.60%1.14%1.35%1.15%1.14%1.50%1.33%2.64%2.76%771.05%0.52%0.86%1.14%1.06%1.01%2.45%1.74%

Ternium's average Quarter net income forecast for Jun 23 is $381.85M, with a range of $378.31M to $385.40M. TX's average Quarter net income forecast represents a 2.10% increase compared to the company's last Quarter net income of $374.00M (Mar 23).

Ternium SG&A Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112111125443333444441681171177177
SG&A-----------$293.00M$275.00M$277.36M$310.44M$229.03M$203.62M$237.36M$244.53M$156.59M$147.99M$183.09M$171.45M$157.46M$166.22M$208.30M$250.44M$162.54M$174.48M$172.28M
Avg Forecast$269.35M$277.05M$274.34M$265.05M$253.49M$262.52M$269.64M$207.29M$291.19M$223.82M$242.62M$188.45M$275.65M$240.79M$274.27M$148.97M$279.46M$274.41M$228.44M$117.76M$148.60M$121.61M$101.29M$305.23M$138.20M$155.40M$163.18M$161.06M$77.10M$98.96M
High Forecast$271.27M$279.03M$276.30M$265.65M$255.31M$264.77M$269.64M$248.75M$298.03M$231.65M$244.35M$226.14M$330.78M$240.79M$274.27M$178.77M$279.46M$274.41M$228.44M$141.32M$148.60M$121.61M$101.29M$366.28M$138.20M$155.40M$163.18M$193.27M$92.52M$118.75M
Low Forecast$267.43M$275.07M$272.38M$264.45M$251.68M$260.27M$269.64M$165.83M$284.35M$216.56M$240.89M$150.76M$220.52M$240.79M$274.27M$119.18M$279.46M$274.41M$228.44M$94.21M$148.60M$121.61M$101.29M$244.18M$138.20M$155.40M$163.18M$128.85M$61.68M$79.17M
Surprise %-----------1.55%1.00%1.15%1.13%1.54%0.73%0.86%1.07%1.33%1.00%1.51%1.69%0.52%1.20%1.34%1.53%1.01%2.26%1.74%

Ternium's average Quarter SG&A projection for Jun 23 is $242.62M, based on 4 Wall Street analysts, with a range of $240.89M to $244.35M. The forecast indicates a -17.20% fall compared to TX last annual SG&A of $293.00M (Mar 23).

Ternium EPS Forecast

Dec 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 19Jun 19Mar 19Mar 18Mar 17
# Analysts1112111125443333444441681171177177
EPS-----------$1.90$0.30$1.12$4.07$3.90$5.79$6.10$5.20$3.10$3.06$0.70$0.20$-0.10$0.34$0.50$0.90$1.10$1.90$1.30
Avg Forecast$1.43$1.46$1.68$1.37$0.84$0.63$1.25$1.58$1.16$1.54$1.95$0.94$0.29$1.86$3.59$3.31$5.03$5.39$3.47$2.57$1.16$0.27-$0.39$0.40$0.42$0.87$1.01$0.52$0.52
High Forecast$1.44$1.47$1.70$1.38$0.87$0.64$1.29$1.62$1.56$1.75$1.96$0.95$0.29$1.86$3.59$3.31$5.03$5.39$3.47$2.57$1.16$0.27-$0.39$0.40$0.42$0.87$1.01$0.62$0.62
Low Forecast$1.42$1.44$1.67$1.35$0.81$0.63$1.20$1.53$0.77$1.24$1.93$0.93$0.29$1.86$3.59$3.31$5.03$5.39$3.47$2.57$1.16$0.27-$0.39$0.40$0.42$0.87$1.01$0.41$0.41
Surprise %-----------2.02%1.03%0.60%1.13%1.18%1.15%1.13%1.50%1.21%2.65%2.60%687.29%-0.25%0.86%1.19%1.04%1.08%3.65%2.50%

According to 4 Wall Street analysts, Ternium's projected average Quarter EPS for Jun 23 is $1.95, with a low estimate of $1.93 and a high estimate of $1.96. This represents a 2.38% increase compared to TX previous annual EPS of $1.90 (Mar 23).

Ternium Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PKXPOSCO$45.73$77.0068.38%Hold
TXTernium$30.31$50.0064.96%Buy
GGBGerdau$3.31$5.0051.06%Buy
MTArcelorMittal$23.97$31.0029.33%Buy
NUENucor$120.98$154.7527.91%Hold
STLDSteel Dynamics$118.58$145.6022.79%Buy
CMCCommercial Metals Company$54.16$62.0014.48%Buy
USAPUniversal Stainless & Alloy Products$44.30$36.00-18.74%Hold

TX Forecast FAQ


Is Ternium a good buy?

Yes, according to 4 Wall Street analysts, Ternium (TX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of TX's total ratings.

What is TX's price target?

Ternium (TX) average price target is $50 with a range of $50 to $50, implying a 72.59% from its last price of $28.97. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ternium stock go up soon?

According to Wall Street analysts' prediction for TX stock, the company can go up by 72.59% (from the last price of $28.97 to the average price target of $50), up by 72.59% based on the highest stock price target, and up by 72.59% based on the lowest stock price target.

Can Ternium stock reach $40?

TX's average twelve months analyst stock price target of $50 supports the claim that Ternium can reach $40 in the near future.

What are Ternium's analysts' financial forecasts?

Ternium's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $18.1B (high $18.21B, low $17.98B), average EBITDA is $4.16B (high $4.44B, low $3.87B), average net income is $1.33B (high $1.51B, low $1.16B), average SG&A $992.95M (high $1.04B, low $947.43M), and average EPS is $4.3 (high $4.43, low $4.17). TX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $18.4B (high $18.51B, low $18.29B), average EBITDA is $3.87B (high $3.9B, low $3.85B), average net income is $1.17B (high $1.18B, low $1.15B), average SG&A $1.09B (high $1.09B, low $1.08B), and average EPS is $5.94 (high $5.99, low $5.88).

Did the TX's actual financial results beat the analysts' financial forecasts?

Based on Ternium's last annual report (Dec 2022), the company's revenue was $16.41B, which missed the average analysts forecast of $16.59B by -1.03%. Apple's EBITDA was $3.52B, missing the average prediction of $4.52B by -22.24%. The company's net income was $1.77B, missing the average estimation of $2.71B by -34.75%. Apple's SG&A was $924.62M, missing the average forecast of $939.69M by -1.60%. Lastly, the company's EPS was $9, missing the average prediction of $9.05 by -0.50%. In terms of the last quarterly report (Mar 2023), Ternium's revenue was $3.62B, missing the average analysts' forecast of $3.63B by -0.27%. The company's EBITDA was $567M, missing the average prediction of $1.23B by -53.96%. Ternium's net income was $374M, missing the average estimation of $725.58M by -48.45%. The company's SG&A was $293M, beating the average forecast of $188.45M by 55.48%. Lastly, the company's EPS was $1.9, beating the average prediction of $0.942 by 101.76%