Stifel upgrades Trex to Buy: target for Trex Company stock rises to USD 55.00
Published on 10/20/2026 at 14:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUpcoming results and analyst targets
- Stifel upgraded Trex to Buy on October 20, 2026, and set a USD 55.00 target.
- Second-quarter revenue reached USD 418.02 million on June 30, 2026.
- Trex Company stock trades at EUR 41.89 at 2:33 p.m. CEST at Lang & Schwarz on October 20, 2026.
Trex Company (US89531P1057) was trading at EUR 41.89 at Lang & Schwarz on October 20, 2026 at 2:33 p.m. CEST. Investing.com reported that Stifel upgraded Trex from Hold to Buy and raised its price target from USD 49.00 to USD 55.00 on October 20, 2026.
The latest analyst move
The upgrade puts demand momentum at the center of the Trex story. Stifel said its view was supported by improving demand, while the higher target gives the current analyst debate a concrete benchmark.
Deutsche Bank had already upgraded Trex from Hold to Buy on October 8, 2026 and lifted its target from USD 53.00 to USD 57.00. Markets Insider said Deutsche Bank saw decking demand turning the corner and expected double-digit revenue growth in the second half of 2026.
What does the target change signal?
The latest target sits above the USD 50.19 average target cited by MarketBeat on October 17, 2026. Its survey counted 12 Buy ratings, 9 Holds and 2 Sells among 23 firms, showing that the positive calls coexist with a broader Hold consensus.
Three steps shaped the story
On August 4, 2026, Trex reported second-quarter revenue of USD 418.02 million, up 7.80 percent year over year, while adjusted earnings per share came in at USD 0.62. MarketBeat said earnings per share missed the USD 0.63 consensus estimate, even as revenue exceeded the USD 415.71 million estimate. Deutsche Bank raised its target to USD 57.00 on October 8, 2026. Stifel then raised its target to USD 55.00 on October 20, 2026.
Next date is November 4
MarketBeat identifies November 4, 2026 as Trex's next earnings date, with the release scheduled before market open and the conference call at 8:00 a.m. ET. Its consensus calls for third-quarter revenue of USD 314.86 million and earnings per share of USD 0.4787.
Price stays the market anchor
The contrast between stronger revenue and lower adjusted earnings per share leaves the November report as the next test of the demand recovery thesis. The analyst upgrades have raised expectations, but the upcoming figures will determine whether Trex can convert demand momentum into profitable growth.
Trex Company was trading at EUR 41.89 at Lang & Schwarz on October 20, 2026 at 2:33 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Trex Company stock.
Trex Company at a glance
- Company: Trex Company, Inc.
- ISIN: US89531P1057
- Ticker: TREX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 2:33 p.m. CEST): EUR 41.89
- Sector / Industry: Basic Materials / Construction Materials
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
