Terex Corporation (TEX) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Hold
Based on 31 analysts21.7% Below Target
TEX trades 21.7% below Wall Street's consensus target of $81.33.
Current Price$66.82
Average Target$81.33
Target
Current
Low$56.00
Median$83.00
High$100.00
Analyst Target Range
Forward P/E13.6x
(Value)
PEG Ratio0.15
(Undervalued)
Implied Growth—
Analyst Spread54.1%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes TEX achieves its forward estimates and maintains a stable P/E multiple of 13.6x. This scenario reflects the blended consensus of 31 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
TEX Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Terex Corporation (TEX) has a Wall Street consensus price target of $81.33, based on estimates from 31 covering analysts. With the stock currently trading at $66.82, this represents a potential upside of +21.7%. The company has a market capitalization of $4.40B.
Analyst price targets range from a low of $56.00 to a high of $100.00, representing a 54% spread in expectations. The median target of $83.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Hold, with 13 analysts rating the stock as a Buy or Strong Buy,15 rating it Hold, and 3 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, TEX trades at a trailing P/E of 20.1x and forward P/E of 13.6x. The forward PEG ratio of 0.15 suggests the stock may be undervalued relative to its growth.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $98.92, with bear and bull scenarios of $62.32 and $130.34 respectively. Model confidence stands at 45/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+4.2%
Industry Consensus
Avg Forward P/E
24.8x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MTWThe Manitowoc Company, Inc. | $473M | $13.17 | $10.00 | -24.1% | Hold | 27.6x | 23 |
 AGCOAGCO Corporation | $8.2B | $113.66 | $124.63 | +9.7% | Buy | 19.0x | 29 |
 CNHCNH Industrial N.V. | $13.0B | $10.46 | $13.09 | +25.1% | Buy | 25.8x | 14 |
 OSKOshkosh Corporation | $66.5B | $139.54 | $171.20 | +22.7% | Buy | 12.8x | 37 |
 ASTEAstec Industries, Inc. | $1.3B | $56.12 | $36.00 | -35.9% | Buy | 15.6x | 12 |
 CATCaterpillar Inc. | $458.7B | $985.82 | $882.20 | -10.5% | Buy | 40.0x | 53 |
 DEDeere & Company | $159.1B | $589.24 | $690.00 | +17.1% | Hold | 32.6x | 46 |
 HIIHuntington Ingalls Industries, Inc. | $11.2B | $285.43 | $420.00 | +47.1% | Hold | 16.5x | 27 |
 HLIOHelios Technologies, Inc. | $3.0B | $90.49 | $82.67 | -8.6% | Buy | 35.8x | 13 |
 URIUnited Rentals, Inc. | $67.5B | $1076.81 | $1074.36 | -0.2% | Buy | 22.9x | 40 |
TEX — Frequently Asked Questions
Quick answers to the most common questions about buying TEX stock.
What is the TEX stock price target for 2026?
The consensus Wall Street price target for TEX is $81.33, representing 21.7% upside from the current price of $66.82. With 31 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is TEX a buy, sell, or hold?
TEX has a consensus rating of "Hold" based on 31 Wall Street analysts. The rating breakdown is mixed, with 15 Hold ratings making up the largest segment. The consensus 12-month price target of $81.33 implies 21.7% upside from current levels.
Is TEX stock overvalued or undervalued?
With a forward P/E of 13.6334x, TEX trades at a relatively low valuation. The consensus target of $81.33 implies 21.7% appreciation, suggesting meaningful undervaluation.
How high can TEX stock go?
The most bullish Wall Street analyst has a price target of $100 for TEX, while the most conservative target is $56. The consensus of $81.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $130 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover TEX stock?
TEX is heavily covered by Wall Street, with 31 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 13 have Buy ratings, 15 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the TEX stock forecast?
The 12-month TEX stock forecast based on 31 Wall Street analysts shows a consensus price target of $81.33, with estimates ranging from $56 (bear case) to $100 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $99, with bear/bull scenarios of $62/$130.
What is TEX's fair value based on fundamentals?
Our quantitative valuation model calculates TEX's fair value at $99 (base case), with a bear case of $62 and bull case of $130. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.
What is TEX's forward P/E ratio?
TEX trades at a forward P/E ratio of 13.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 20.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy TEX stock?
Wall Street analysts are very optimistic on TEX, with a "Hold" consensus rating and $81.33 price target (21.7% upside). 13 of 31 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do TEX price targets vary so much?
TEX analyst price targets range from $56 to $100, a 54% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $81.33 consensus represents the middle ground. Our model's $62-$130 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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