Deutsche Bank upgrades Trex stock and lifts target to USD 57.00

Published on 10/08/2026 at 13:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 7.80 percent to USD 418.02 million. Trex stock costs EUR 39.95 on October 8, 2026 versus EUR 39.15.

TREX, US89531P1057, Illustration mit AI erstellt.

Trex Company, Inc. stock was at EUR 39.95 at Lang & Schwarz on October 8, 2026 at 1:28 p.m. CEST, up 2.04 percent from the EUR 39.15 prior close. The latest catalyst is Deutsche Bank's upgrade of Trex from Hold to Buy and its target increase from USD 53.00 to USD 57.00, as Investing.com reported on October 8, 2026.

What does the upgrade change?

The new target is USD 4.00 above Deutsche Bank's previous target and 14.23 percent above the USD 49.90 average target reported for 23 analysts by MarketBeat. The bank's case rests on improving demand, strategic pricing from 2027 and product initiatives including railing attachment rates and the rollout of PVC, according to Investing.com.

Three milestones shape the case

On August 4, 2026, Trex reported second-quarter revenue of USD 418.02 million, up 7.80 percent from USD 387.80 million a year earlier, while GAAP diluted earnings per share fell from USD 0.71 to USD 0.60, according to TradingView. On September 14, 2026, management presented mid-single-digit full-year sales growth and a plan for the Little Rock facility to reach 50 percent capacity by year-end, as Investing.com reported.

The October 8, 2026 Deutsche Bank upgrade is the third milestone. It contrasts stronger sales with weaker quarterly profitability: second-quarter net income was USD 61.88 million, versus USD 75.90 million in the prior-year quarter, while revenue still advanced 7.80 percent.

Next dates carry the test

Business Wire states that Trex will release third-quarter 2026 results on November 4, 2026 at 6:30 a.m. ET and hold its conference call at 8:00 a.m. ET. Those are the next two scheduled events, and the figures will test whether the demand recovery can offset capacity and margin pressure.

Trex stock remains below its yearly high

Trex stock's primary listing is on the NYSE. The USD 29.77 to USD 54.30 52-week range and USD 4.6 billion market capitalization reported by MarketBeat place the stock below its upper yearly level, while the euro quote remains a separate Lang & Schwarz reference for German investors. Lang & Schwarz showed EUR 39.95 in trading on October 8, 2026 at 1:28 p.m. CEST, plus 2.04 percent versus the EUR 39.15 prior close. The further course of trading is shown by the continuously updated real-time quote of Trex stock.