Deutsche Bank lifts target to USD 57 for Trex Company stock today

Published on 10/18/2026 at 13:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 418.02 million, up 7.80 percent year over year. The next results date for Trex Company stock is November 4, 2026.

Analyst upgrade and earnings date

Deutsche Bank upgraded Trex from Hold to Buy and lifted its target to USD 57 on October 8, 2026.
Second-quarter revenue reached USD 418.02 million, up 7.80 percent year over year.
Trex Company stock closed at USD 45.72 on October 16, 2026, on the NYSE.
Third-quarter results are scheduled for November 4, 2026, at 6:30 a.m. ET.

TREX, US89531P1057, Illustration mit AI erstellt.

Trex Company (ISIN US89531P1057) received a stronger analyst endorsement on October 8, 2026, when Deutsche Bank upgraded the stock from Hold to Buy and raised its price target from USD 53 to USD 57. The move came as the bank described decking demand as turning a corner, giving the latest market view a clear operating argument.

Deutsche Bank raises its target

According to Markets Insider, Deutsche Bank analyst Collin Verron moved the rating from Hold to Buy and lifted the target from USD 53 to USD 57. The note pointed to potential double-digit revenue growth in the second half of 2026 and said new CEO initiatives could support mid- to high-single-digit growth even without stronger end-market demand.

The target change sits against a mixed earnings picture. Trex reported second-quarter 2026 revenue of USD 418.02 million, up 7.80 percent from the same quarter a year earlier, while earnings per share came in at USD 0.62, below the USD 0.63 consensus estimate, according to MarketBeat.

Three dated developments

On August 4, 2026, Trex reported second-quarter revenue of USD 418.02 million and earnings per share of USD 0.62, with revenue above the USD 415.71 million consensus but earnings below the USD 0.63 estimate, according to MarketBeat. On October 8, 2026, Deutsche Bank raised its target from USD 53 to USD 57. On October 16, 2026, Fort Washington Investment Advisors disclosed a new position of 754,311 shares valued at USD 32.86 million, according to MarketBeat.

What comes next for Trex?

The next scheduled test is the third-quarter report. Trex said in a company announcement carried by Business Wire that it will release results on November 4, 2026, at 6:30 a.m. ET, followed by a conference call at 8:00 a.m. ET. The company previously gave third-quarter sales guidance of USD 305 million to USD 320 million and reaffirmed full-year 2026 sales guidance of USD 1.215 billion to USD 1.250 billion.

Stock valuation and market context

Trex Company stock closed at USD 45.72 on the NYSE on October 16, 2026, according to MarketBeat. Its reported 52-week range was USD 29.77 to USD 51.75, while market capitalization stood at USD 4.75 billion. The combination of revenue growth, a narrow earnings miss and a higher analyst target leaves execution on demand and margins as the key operating test.

Upcoming reporting date

The November 4, 2026 release is the next dated company event, with the earnings call following at 8:00 a.m. ET. The scheduled figures of USD 305 million to USD 320 million in third-quarter sales provide the next quantified benchmark for the upgrade thesis.

Stock closes before the next report

Trex Company stock closed at USD 45.72 on the NYSE on October 16, 2026. The further course of trading is shown by the continuously updated real-time quote of Trex Company stock.