20.4% Below Target

The consensus Wall Street price target for TEX is $82.71, representing 20.4% upside from the current price of $68.7. With 31 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

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 $82.71 implies 20.4% upside from current levels.

With a forward P/E of 14.0324x, TEX trades at a relatively low valuation. The consensus target of $82.71 implies 20.4% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $100 for TEX, while the most conservative target is $56. The consensus of $82.71 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.

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.

The 12-month TEX stock forecast based on 31 Wall Street analysts shows a consensus price target of $82.71, 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.

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.

TEX trades at a forward P/E ratio of 14.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 20.6x. 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.

Wall Street analysts are very optimistic on TEX, with a "Hold" consensus rating and $82.71 price target (20.4% 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.

TEX analyst price targets range from $56 to $100, a 53% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $82.71 consensus represents the middle ground. Our model's $62-$130 range provides an independent fundamental perspective.