Stocklytics Platform
Asset logo for symbol TEX
Terex
TEX63
$34.02arrow_drop_up1.49%$0.50
High Quality
Asset logo for symbol TEX
TEX63

$34.02

arrow_drop_up1.49%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Terex (TEX) Stocklytics Forecast

Terex Corp (TEX) is a leading global manufacturer of industrial machinery, including cranes, aerial work platforms, and material processing equipment. The company has a strong track record of innovation and a solid financial position, which positions it well for future growth. With its diverse product portfolio and strong market presence, Terex Corp is poised to capitalize on several key industry trends. In recent years, the construction and infrastructure sectors have experienced strong growth, and Terex Corp has successfully positioned itself to benefit from these trends. The company's cranes and aerial work platforms are in high demand for a wide range of construction projects, while its material processing equipment is essential for the mining and quarrying industries. As a result, Terex Corp is well-positioned to capture market share and generate sustainable revenue growth in the coming years.
One key factor that will likely contribute to Terex Corp's future success is its commitment to innovation and product development. The company invests heavily in research and development to ensure its products are at the forefront of technology and meet evolving customer needs. This focus on innovation has allowed Terex Corp to introduce new products and features that provide significant value to its customers. For example, the company has developed advanced safety and efficiency features for its cranes and aerial work platforms, which not only enhance productivity but also improve worker safety on job sites. By continually enhancing its product offering, Terex Corp can maintain its competitive edge and attract a broad customer base.
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Frequently Asked Questions

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What is the analyst price prediction for Terex (TEX) stock?

Analysts have set a target price of $59.24 for Terex (TEX), based on forecasts from 25 analysts. The predicted price range extends from a high of $73 to a low of $50. This represents a potential increase of up to 114.58% and a decrease of 46.97% from the current price of $34.02. These forecasts are as of 2023 Mar 17.
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What are the analyst ratings for Terex (TEX) stock?

The analyst ratings for Terex (TEX) are distributed as follows: 2 analysts recommend buying, 9 have a neutral stance, and 2 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering Terex.
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What is the AI price prediction for Terex (TEX) stock?

At present, there is no AI or machine-learning-based price prediction available for Terex (TEX) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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