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Terex - TEX Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $59.56
  • Forecasted Upside: 14.22%
  • Number of Analysts: 10
  • Breakdown:
  • 1 Sell Ratings
  • 7 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$52.14 As of 11/20/2024 01:00 AM ET
▲ +0.74 (1.44%)

This chart shows the closing price for TEX by one month, three months, or twelve months.

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Analyst Price Target for TEX

Analyst Price Target is $59.56
▲ +14.22% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Terex in the last 3 months. The average price target is $59.56, with a high forecast of $65.00 and a low forecast of $55.00. The average price target represents a 14.22% upside from the last price of $52.14.

This chart shows the closing price for TEX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 10 contributing investment analysts is to hold stock in Terex. This rating has held steady since January 2023, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
5/31/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
8/29/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
11/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 1 sell ratings
Ratings as of
2/25/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 1 sell ratings
Ratings as of
5/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 8 hold ratings
  • 1 sell ratings
Ratings as of
8/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
10/22/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
11/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/4/2024Truist FinancialBoost TargetBuy ➝ Buy$62.00 ➝ $65.00
10/31/2024Robert W. BairdLower TargetNeutral ➝ Neutral$65.00 ➝ $55.00
10/14/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$65.00 ➝ $62.00
10/9/2024Robert W. BairdBoost TargetNeutral ➝ Neutral$63.00 ➝ $65.00
10/9/2024Truist FinancialLower TargetBuy ➝ Buy$63.00 ➝ $62.00
9/23/2024CitigroupLower TargetNeutral ➝ Neutral$60.00 ➝ $57.00
9/20/2024Truist FinancialLower TargetBuy ➝ Buy$74.00 ➝ $63.00
9/20/2024The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$72.00 ➝ $62.00
8/19/2024Evercore ISILower TargetOutperform ➝ Outperform$67.00 ➝ $59.00
8/1/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$64.00 ➝ $72.00
8/1/2024Truist FinancialBoost TargetBuy ➝ Buy$68.00 ➝ $74.00
7/23/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$59.00 ➝ $65.00
7/22/2024Robert W. BairdBoost TargetNeutral ➝ Neutral$58.00 ➝ $67.00
7/11/2024Jefferies Financial GroupLower TargetHold ➝ Hold$68.00 ➝ $55.00
7/10/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$63.00 ➝ $59.00
7/2/2024Truist FinancialLower TargetBuy ➝ Buy$73.00 ➝ $68.00
6/28/2024Raymond JamesInitiated CoverageMarket Perform
6/26/2024CitigroupInitiated CoverageNeutral$60.00
5/21/2024UBS GroupBoost TargetNeutral ➝ Neutral$62.00 ➝ $64.00
3/18/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$63.00
3/14/2024Truist FinancialInitiated CoverageBuy$73.00
2/20/2024Evercore ISILower TargetOutperform ➝ Outperform$65.00 ➝ $63.00
2/13/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$52.00 ➝ $59.00
2/13/2024UBS GroupDowngradeBuy ➝ Neutral$61.00 ➝ $62.00
2/12/2024CitigroupBoost TargetNeutral ➝ Neutral$54.00 ➝ $63.00
1/19/2024Bank of AmericaReiterated RatingNeutral ➝ Underperform$57.00
12/20/2023Jefferies Financial GroupDowngradeBuy ➝ Hold$73.00 ➝ $63.00
11/9/2023UBS GroupLower TargetBuy ➝ Buy$75.00 ➝ $61.00
10/30/2023The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$60.00 ➝ $52.00
10/18/2023BarclaysLower TargetEqual Weight ➝ Equal Weight$66.00 ➝ $60.00
10/16/2023JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$72.00 ➝ $63.00
10/13/2023CitigroupLower TargetNeutral ➝ Neutral$63.00 ➝ $62.00
10/11/2023Bank of AmericaLower Target$64.00 ➝ $58.00
9/22/2023CitigroupLower TargetNeutral ➝ Neutral$65.00 ➝ $63.00
8/3/2023The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$53.00 ➝ $60.00
8/3/2023KeyCorpBoost TargetOverweight ➝ Overweight$72.00 ➝ $80.00
8/3/2023Wells Fargo & CompanyBoost Target$66.00 ➝ $74.00
8/2/2023Robert W. BairdBoost TargetNeutral ➝ Neutral$57.00 ➝ $65.00
7/18/2023CitigroupBoost TargetNeutral$52.00 ➝ $65.00
7/6/2023Raymond JamesInitiated CoverageMarket Perform
5/3/202358.comReiterated RatingMaintains
5/3/2023Stifel NicolausBoost Target$62.00 ➝ $64.00
5/2/2023Robert W. BairdBoost Target$47.00 ➝ $50.00
4/18/2023CitigroupLower Target$63.00 ➝ $50.00
4/12/2023Deutsche Bank AktiengesellschaftBoost TargetHold$51.00 ➝ $53.00
3/17/2023Bank of AmericaDowngradeBuy ➝ Neutral$66.00 ➝ $54.00
2/15/2023CitigroupDowngradeBuy ➝ Neutral$45.00 ➝ $63.00
2/13/2023JPMorgan Chase & Co.Boost TargetOverweight$48.00 ➝ $55.00
2/13/2023Morgan StanleyBoost TargetEqual Weight$52.00 ➝ $54.00
2/13/2023Deutsche Bank AktiengesellschaftBoost TargetHold$40.00 ➝ $51.00
2/13/2023Credit Suisse GroupBoost TargetNeutral$50.00 ➝ $59.00
2/13/2023BarclaysBoost TargetEqual Weight$38.00 ➝ $56.00
2/13/2023KeyCorpBoost TargetOverweight$56.00 ➝ $72.00
1/24/2023KeyCorpBoost TargetOverweight$50.00 ➝ $56.00
1/20/2023Stifel NicolausBoost TargetBuy$54.00 ➝ $57.00
12/19/2022Stifel NicolausBoost TargetBuy$50.00 ➝ $54.00
12/15/2022The Goldman Sachs GroupBoost TargetNeutral$39.00 ➝ $43.00
12/14/2022Morgan StanleyBoost TargetEqual Weight$35.00 ➝ $52.00
12/13/2022Robert W. BairdBoost TargetNeutral$37.00 ➝ $46.00
12/9/2022JPMorgan Chase & Co.Boost Target$42.00 ➝ $48.00
12/5/2022Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$46.00
11/1/2022CitigroupBoost Target$45.00
10/31/2022Morgan StanleyBoost TargetEqual Weight$33.00 ➝ $35.00
10/31/2022Credit Suisse GroupBoost TargetNeutral$40.00 ➝ $47.00
10/13/2022Deutsche Bank AktiengesellschaftLower TargetBuy$61.00 ➝ $54.00
8/22/2022KeyCorpBoost TargetOverweight$44.00 ➝ $50.00
8/8/2022Morgan StanleyBoost TargetEqual Weight$30.00 ➝ $33.00
8/4/2022Credit Suisse GroupBoost TargetNeutral$37.00 ➝ $40.00
8/4/2022The Goldman Sachs GroupBoost TargetNeutral$33.00 ➝ $37.00
8/4/2022CitigroupBoost Target$35.00 ➝ $40.00
7/19/2022Credit Suisse GroupSet Target$37.00
7/18/2022Morgan StanleyLower TargetEqual Weight$42.00 ➝ $30.00
7/12/2022JPMorgan Chase & Co.Lower TargetOverweight$57.00 ➝ $35.00
7/12/2022KeyCorpLower TargetOverweight$54.00 ➝ $44.00
7/7/2022CitigroupLower Target$48.00 ➝ $35.00
5/13/2022Bank of AmericaUpgradeNeutral ➝ Buy$41.00 ➝ $38.00
5/2/2022Deutsche Bank AktiengesellschaftLower Target$65.00 ➝ $61.00
4/18/2022Morgan StanleyLower TargetEqual Weight$53.00 ➝ $48.00
4/14/2022The Goldman Sachs GroupLower TargetNeutral$48.00 ➝ $41.00
4/14/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$64.00 ➝ $65.00
4/8/2022Robert W. BairdDowngradeOutperform ➝ Neutral$44.00
3/28/2022JPMorgan Chase & Co.Lower TargetOverweight$61.00 ➝ $57.00
3/11/2022Wells Fargo & CompanyInitiated CoverageOverweight$64.00
2/14/2022JPMorgan Chase & Co.Lower TargetOverweight$62.00 ➝ $61.00
2/14/2022Deutsche Bank AktiengesellschaftBoost Target$62.00 ➝ $64.00
12/17/2021BarclaysLower TargetEqual Weight$50.00 ➝ $46.00
12/9/2021Morgan StanleyBoost TargetEqual Weight$50.00 ➝ $53.00
11/1/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$51.00 ➝ $61.00
10/25/2021Deutsche Bank AktiengesellschaftLower TargetBuy$55.00 ➝ $51.00
10/14/2021Evercore ISILower TargetOutperform$74.00 ➝ $67.00
10/13/2021Morgan StanleyLower TargetEqual Weight$55.00 ➝ $50.00
10/12/2021CitigroupBoost TargetPositive ➝ Buy$50.00 ➝ $60.00
9/27/2021KeyCorpLower TargetOverweight$59.00 ➝ $54.00
8/3/2021Stifel NicolausReiterated RatingBuy
8/2/2021Morgan StanleyBoost TargetEqual Weight$54.00 ➝ $55.00
8/2/2021Credit Suisse GroupBoost TargetNeutral$52.00 ➝ $58.00
8/2/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$52.00 ➝ $59.00
8/2/2021BarclaysBoost TargetEqual Weight$50.00 ➝ $55.00
7/14/2021BarclaysBoost TargetPositive ➝ Equal Weight$49.00 ➝ $50.00
7/13/2021Morgan StanleyBoost TargetEqual Weight$51.00 ➝ $54.00
7/13/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$61.00
7/8/2021Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$53.00 ➝ $52.00
5/19/2021KeyCorpBoost TargetOverweight$57.00 ➝ $59.00
5/3/2021Morgan StanleyBoost TargetEqual Weight$47.00 ➝ $51.00
5/3/2021KeyCorpBoost TargetOverweight$49.00 ➝ $57.00
5/3/2021Deutsche Bank AktiengesellschaftBoost TargetHold$51.00 ➝ $53.00
4/30/2021Robert W. BairdBoost TargetOutperform$50.00 ➝ $57.00
4/16/2021UBS GroupUpgradeNeutral ➝ Buy$45.00 ➝ $60.00
4/14/2021JPMorgan Chase & Co.Boost TargetNeutral$42.00 ➝ $48.00
4/13/2021KeyCorpBoost TargetOverweight$47.00 ➝ $49.00
4/13/2021Deutsche Bank AktiengesellschaftBoost TargetHold$40.00 ➝ $51.00
4/12/2021Morgan StanleyBoost TargetEqual Weight$43.00 ➝ $47.00
3/16/2021CitigroupBoost Target$46.00 ➝ $55.00
2/16/2021Deutsche Bank AktiengesellschaftBoost TargetHold$39.00 ➝ $40.00
2/16/2021Evercore ISIUpgradeOutperform
2/16/2021Morgan StanleyBoost TargetEqual Weight$42.00 ➝ $43.00
2/16/2021BarclaysBoost TargetEqual Weight$39.00 ➝ $42.00
2/16/2021Robert W. BairdBoost TargetOutperform$45.00 ➝ $50.00
1/22/2021Morgan StanleyBoost TargetEqual Weight$31.00 ➝ $42.00
1/20/2021Vertical ResearchInitiated CoverageBuy
1/15/2021Jefferies Financial GroupBoost TargetBuy$30.00 ➝ $50.00
1/15/2021BarclaysBoost TargetEqual Weight$37.00 ➝ $39.00
12/21/2020BarclaysUpgradeUnderweight ➝ Equal Weight$37.00
12/15/2020Morgan StanleyBoost TargetEqual Weight$23.00 ➝ $31.00
12/15/2020Stifel NicolausUpgradeHold ➝ Buy$27.00 ➝ $41.00
12/4/2020KeyCorpUpgradeSector Weight ➝ Overweight$42.00
11/18/2020Smith Barney CitigroupUpgradeNeutral ➝ Buy$28.00 ➝ $40.00
10/29/2020Deutsche Bank AktiengesellschaftBoost TargetHold$22.00 ➝ $30.00
10/29/2020Royal Bank of CanadaBoost Target$20.00 ➝ $26.00
10/29/2020Morgan StanleyBoost TargetEqual Weight$22.00 ➝ $23.00
10/19/2020Bank of AmericaUpgradeUnderperform ➝ Neutral$28.00
10/16/2020CitigroupBoost TargetNeutral$21.00 ➝ $25.00
10/13/2020Deutsche Bank AktiengesellschaftBoost TargetHold$19.00 ➝ $22.00
10/12/2020Morgan StanleyBoost TargetEqual Weight$17.00 ➝ $22.00
10/1/2020Jefferies Financial GroupBoost TargetBuy$25.00 ➝ $30.00
8/3/2020Credit Suisse GroupBoost TargetNeutral$15.00 ➝ $17.00
8/3/2020Royal Bank of CanadaBoost TargetSector Perform$17.00 ➝ $20.00
7/27/2020Vertical ResearchUpgradeHold ➝ Buy$30.00
6/30/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$21.00
6/18/2020CitigroupBoost TargetNeutral$14.00 ➝ $21.00
5/8/2020CitigroupBoost TargetNeutral$13.00 ➝ $14.00
5/7/2020UBS GroupLower TargetNeutral$28.00 ➝ $15.00
5/6/2020Royal Bank of CanadaReiterated RatingHold
5/4/2020CfraDowngradeHold ➝ Sell
5/4/2020Credit Suisse GroupBoost TargetNeutral$12.00 ➝ $14.00
5/4/2020Morgan StanleyLower TargetEqual Weight$18.00 ➝ $17.00
4/24/2020Bank of AmericaLower TargetUnderperform$11.00 ➝ $9.00
4/24/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$20.00 ➝ $12.00
4/20/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$21.00 ➝ $19.00
4/19/2020Royal Bank of CanadaReiterated RatingHold$17.00
3/25/2020CitigroupUpgradeSell ➝ Neutral$14.00 ➝ $13.50
3/19/2020The Goldman Sachs GroupDowngradeConviction-Buy ➝ Buy$37.00 ➝ $24.00
3/17/2020Morgan StanleyLower TargetEqual Weight$31.00 ➝ $22.00
2/19/2020UBS GroupLower TargetNeutral$30.00 ➝ $28.00
2/18/2020Deutsche Bank AktiengesellschaftLower TargetHold$31.00 ➝ $27.00
1/14/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$28.00
12/17/2019Deutsche Bank AktiengesellschaftUpgradeSell ➝ Hold$20.00 ➝ $31.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.70 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 12 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 25 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 9 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 12 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 14 very positive mentions
  • 32 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
8/22/2024
  • 16 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 17 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
10/21/2024
  • 13 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 13 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Terex logo
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, transmission and distribution lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was founded in 1933 and is based in Norwalk, Connecticut.
Read More

Today's Range

Now: $52.14
Low: $51.25
High: $52.18

50 Day Range

MA: $53.34
Low: $50.70
High: $58.63

52 Week Range

Now: $52.14
Low: $48.11
High: $68.08

Volume

526,654 shs

Average Volume

780,527 shs

Market Capitalization

$3.48 billion

P/E Ratio

7.61

Dividend Yield

1.32%

Beta

1.53

Frequently Asked Questions

What sell-side analysts currently cover shares of Terex?

The following sell-side analysts have issued reports on Terex in the last twelve months: Bank of America Co., Citigroup Inc., Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Raymond James, Robert W. Baird, The Goldman Sachs Group, Inc., Truist Financial Co., and UBS Group AG.
View the latest analyst ratings for TEX.

What is the current price target for Terex?

0 Wall Street analysts have set twelve-month price targets for Terex in the last year. Their average twelve-month price target is $59.56, suggesting a possible upside of 14.2%. Truist Financial Co. has the highest price target set, predicting TEX will reach $65.00 in the next twelve months. Robert W. Baird has the lowest price target set, forecasting a price of $55.00 for Terex in the next year.
View the latest price targets for TEX.

What is the current consensus analyst rating for Terex?

Terex currently has 1 sell rating, 7 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TEX, but not buy more shares or sell existing shares.
View the latest ratings for TEX.

What other companies compete with Terex?

Other companies that are similar to Terex include Toro, Oshkosh, AGCO, Federal Signal and Trinity Industries. Learn More about companies similar to Terex.

How do I contact Terex's investor relations team?

Terex's physical mailing address is 200 NYALA FARM ROAD, WESTPORT CT, 06880. The industrial products company's listed phone number is (203) 222-7170 and its investor relations email address is [email protected]. The official website for Terex is www.terex.com. Learn More about contacing Terex investor relations.