Alkermes Analyst Starts Coverage Positively; Check Out the Top 3 Initiations for Tuesday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 11 2025
0mins
Should l Buy TREX?
Source: Benzinga
Analyst Coverage Initiations: Piper Sandler initiated coverage on Li Auto Inc with a Neutral rating and a price target of $19, while Truist Securities gave Alkermes Plc a Buy rating with a target of $50, and Needham rated Waystar Holding Corp as a Buy with a target of $46.
Current Stock Prices: As of Monday, Li Auto shares closed at $20.18, Alkermes at $32.65, and Waystar at $36.11, indicating varying market responses to the analysts' ratings.
Market Overview: The article provides a snapshot of stock performance for several companies, including Applied Optoelectronics, Skyworks Solutions, and Trex Co, highlighting their current prices and percentage changes.
Investment Advice Disclaimer: The content is sourced from Benzinga, which clarifies that it does not provide investment advice and all rights are reserved.
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Analyst Views on TREX
Wall Street analysts forecast TREX stock price to rise
17 Analyst Rating
8 Buy
7 Hold
2 Sell
Moderate Buy
Current: 42.350
Low
32.00
Averages
43.56
High
57.00
Current: 42.350
Low
32.00
Averages
43.56
High
57.00
About TREX
Trex Company, Inc. is a manufacturer of wood-alternative decking and residential railing and outdoor living products and accessories, marketed under the brand name Trex. The Company’s segment is Trex Residential. Its product categories include decking and accessories, railing, and fencing. Its decking products are made in a proprietary process that combines reclaimed wood fibers and recycled polyethylene film. Its decking and accessories include Trex Signature decking, Trex Transcend Lineage decking, Trex Transcend decking, Trex Select decking, Trex Enhance decking, Trex Hideaway Fastener Collection, and Trex DeckLighting outdoor lighting system. Its Trex Transcend decking product can also be used as cladding. Its railing products include Trex Signature X-Series railing, Trex Signature Aluminum railing, Trex Transcend railing, Trex Select railing, Trex Select T-Rail, and Trex Enhance railing. Its Trex Seclusions composite fencing product is offered through two specialty distributors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Trex Company Showcases Performance-Engineered Outdoor Solutions
- High-Performance Showcase: At IBS 2026, Trex Company highlighted its performance-engineered outdoor living solutions aimed at helping builders tackle climate challenges, thereby enhancing market competitiveness and customer trust.
- Fire-Resistant Decking Innovation: The newly launched Trex Refuge™ fire-resistant PVC decking meets stringent building codes, addressing the needs of fire-prone areas and enhancing Trex's market differentiation in safety and design.
- Mid-Tier Composite Expansion: The Trex Select® decking line has introduced heat-mitigation technology, providing durable and aesthetically pleasing options for price-sensitive builders, further broadening its product range to meet diverse customer needs.
- Fencing Product Growth: Trex emphasized the low-maintenance advantages of its composite fencing at the show, offering various styles and colors to meet modern homeowners' dual demands for privacy and aesthetics, driving growth in the outdoor living solutions market.
See More
Trex Company Wins 2026 MVP Award and GOOD DESIGN Award
- Industry Recognition: Trex Select®Decking was awarded the 2026 MVP Award, highlighting its innovation and practicality in the exterior building materials sector, further solidifying Trex's market position as a leader in wood-alternative products.
- Technological Innovation: The newly introduced SunComfortable™ technology reduces heat absorption by up to 35°F for the Select decking line, enhancing product comfort and applicability, thus meeting consumer demand for high-performance outdoor products.
- Design Award: Trex Signature®X-Series™Railing received the GOOD DESIGN® Award, indicating its outstanding performance in architectural materials design, simplifying installation processes, and enhancing construction efficiency, which further drives market demand for premium outdoor living products.
- Long-term Commitment: Trex offers 35-year and 50-year limited warranties for its products, reflecting the company's commitment to product quality and customer satisfaction, thereby strengthening consumer trust and loyalty towards the brand.
See More
Shopify's Earnings Cause Market Whiplash; Moderna's Vaccine Rejected by FDA
- Shopify Earnings Volatility: Shopify's stock surged 13% in pre-market trading before its fourth-quarter earnings report, but plummeted 6% by the end of the day after management's conference call raised concerns about future growth, particularly regarding the concept of 'agentic commerce' that unsettled investors.
- Strong Revenue Growth: The company reported a 31% year-over-year revenue growth, maintaining the same rate as last year, with merchandise volume through its platform increasing by 29%, indicating ongoing expansion in the e-commerce sector; however, the missed EPS expectations led to a negative market reaction.
- Moderna Vaccine Approval Setback: The FDA's refusal to review Moderna's new flu vaccine marks the second regulatory challenge within a year, potentially jeopardizing the company's future MRNA technology developments, particularly for vaccines targeting cancer and rare diseases.
- Increased Cash Flow Pressure: Moderna faces significant cash burn, relying on revenue from COVID vaccines to fund its R&D; the FDA's rejection may force the company to reassess its development strategy in the current regulatory climate.
See More
Trex Company Showcases Innovative Outdoor Solutions
- High-Performance Outdoor Solutions: At IBS 2026, Trex Company showcases its Performance-Engineered™ outdoor living solutions aimed at helping builders tackle climate-related challenges, thereby enhancing their competitive edge in the market.
- Fire-Resistant Decking Innovation: Trex Refuge™ is an ignition-resistant PVC decking line that meets strict building codes and has passed rigorous industry tests, making it suitable for fire-prone areas and increasing its market appeal.
- Mid-Tier Composite Expansion: The Trex Select® decking series introduces heat-mitigation technology, providing durable and aesthetically pleasing options for price-sensitive builders, thus broadening market coverage and meeting diverse design needs.
- Fencing Product Line Growth: Trex launches a range of low-maintenance composite fencing options that offer privacy and security, addressing modern homeowners' needs and demonstrating the company's ongoing innovation in outdoor living solutions.
See More
Trex Company Unveils New Exhibit at 30th Anniversary
- Innovative Exhibit Launch: Trex Company will unveil a new exhibit at the 2026 International Builders' Show (IBS), covering 3,000 square feet, aimed at redefining the future of outdoor living through performance, beauty, and sustainability, reinforcing its leadership in the composite decking industry.
- Product Showcase and Experience: The booth features a fluid design with dedicated product stations highlighting Trex's composite decking, railing systems, and other outdoor living products, utilizing a mix of physical samples and digital content to enhance customer experience and drive sales.
- Technology Innovation Display: The Performance Lab will offer hands-on experiences showcasing Trex's proprietary SunComfortable™ technology and fire-resistant features, emphasizing the products' superior performance in extreme environments, further solidifying its market leadership.
- Celebration Activities and Customer Engagement: Throughout the show, Trex will host a series of events, including a reception to celebrate its 30th anniversary and a meet-and-greet with an Instagram influencer, aimed at strengthening customer relationships and enhancing brand awareness.
See More
Trex Named America's Most Trusted Outdoor Decking for Six Consecutive Years
- Trust Recognition: Trex has been named '2026 America's Most Trusted Outdoor Decking' for six consecutive years, establishing a benchmark for trust in the industry and reflecting high consumer recognition of its product quality and service, thereby solidifying its market leadership.
- Consumer Survey Insights: Lifestory Research conducted a 12-month survey of nearly 4,000 Americans, with Trex achieving the highest satisfaction scores and a five-star trust rating among nine outdoor decking brands, showcasing its significant advantage in a competitive market.
- Product Innovation and Diversity: Since the mid-1990s, Trex has continuously innovated, offering low-maintenance, eco-friendly composite decking products that include deck drainage, lighting, and outdoor kitchen components, meeting consumer demand for high-performance and sustainable products.
- Long-term Brand Value: Trex's success lies not only in product performance but also in its long-standing brand trust and deep emotional connection with consumers, which enhances its resilience in future market competition and positions it for sustained growth potential.
See More
Trex Company Showcases Performance-Engineered Outdoor Solutions
- High-Performance Showcase: At IBS 2026, Trex Company highlighted its performance-engineered outdoor living solutions aimed at helping builders tackle climate challenges, thereby enhancing market competitiveness and customer trust.
- Fire-Resistant Decking Innovation: The newly launched Trex Refuge™ fire-resistant PVC decking meets stringent building codes, addressing the needs of fire-prone areas and enhancing Trex's market differentiation in safety and design.
- Mid-Tier Composite Expansion: The Trex Select® decking line has introduced heat-mitigation technology, providing durable and aesthetically pleasing options for price-sensitive builders, further broadening its product range to meet diverse customer needs.
- Fencing Product Growth: Trex emphasized the low-maintenance advantages of its composite fencing at the show, offering various styles and colors to meet modern homeowners' dual demands for privacy and aesthetics, driving growth in the outdoor living solutions market.
See More
Trex Company Wins 2026 MVP Award and GOOD DESIGN Award
- Industry Recognition: Trex Select®Decking was awarded the 2026 MVP Award, highlighting its innovation and practicality in the exterior building materials sector, further solidifying Trex's market position as a leader in wood-alternative products.
- Technological Innovation: The newly introduced SunComfortable™ technology reduces heat absorption by up to 35°F for the Select decking line, enhancing product comfort and applicability, thus meeting consumer demand for high-performance outdoor products.
- Design Award: Trex Signature®X-Series™Railing received the GOOD DESIGN® Award, indicating its outstanding performance in architectural materials design, simplifying installation processes, and enhancing construction efficiency, which further drives market demand for premium outdoor living products.
- Long-term Commitment: Trex offers 35-year and 50-year limited warranties for its products, reflecting the company's commitment to product quality and customer satisfaction, thereby strengthening consumer trust and loyalty towards the brand.
See More
Shopify's Earnings Cause Market Whiplash; Moderna's Vaccine Rejected by FDA
- Shopify Earnings Volatility: Shopify's stock surged 13% in pre-market trading before its fourth-quarter earnings report, but plummeted 6% by the end of the day after management's conference call raised concerns about future growth, particularly regarding the concept of 'agentic commerce' that unsettled investors.
- Strong Revenue Growth: The company reported a 31% year-over-year revenue growth, maintaining the same rate as last year, with merchandise volume through its platform increasing by 29%, indicating ongoing expansion in the e-commerce sector; however, the missed EPS expectations led to a negative market reaction.
- Moderna Vaccine Approval Setback: The FDA's refusal to review Moderna's new flu vaccine marks the second regulatory challenge within a year, potentially jeopardizing the company's future MRNA technology developments, particularly for vaccines targeting cancer and rare diseases.
- Increased Cash Flow Pressure: Moderna faces significant cash burn, relying on revenue from COVID vaccines to fund its R&D; the FDA's rejection may force the company to reassess its development strategy in the current regulatory climate.
See More
Trex Company Showcases Innovative Outdoor Solutions
- High-Performance Outdoor Solutions: At IBS 2026, Trex Company showcases its Performance-Engineered™ outdoor living solutions aimed at helping builders tackle climate-related challenges, thereby enhancing their competitive edge in the market.
- Fire-Resistant Decking Innovation: Trex Refuge™ is an ignition-resistant PVC decking line that meets strict building codes and has passed rigorous industry tests, making it suitable for fire-prone areas and increasing its market appeal.
- Mid-Tier Composite Expansion: The Trex Select® decking series introduces heat-mitigation technology, providing durable and aesthetically pleasing options for price-sensitive builders, thus broadening market coverage and meeting diverse design needs.
- Fencing Product Line Growth: Trex launches a range of low-maintenance composite fencing options that offer privacy and security, addressing modern homeowners' needs and demonstrating the company's ongoing innovation in outdoor living solutions.
See More
Trex Company Unveils New Exhibit at 30th Anniversary
- Innovative Exhibit Launch: Trex Company will unveil a new exhibit at the 2026 International Builders' Show (IBS), covering 3,000 square feet, aimed at redefining the future of outdoor living through performance, beauty, and sustainability, reinforcing its leadership in the composite decking industry.
- Product Showcase and Experience: The booth features a fluid design with dedicated product stations highlighting Trex's composite decking, railing systems, and other outdoor living products, utilizing a mix of physical samples and digital content to enhance customer experience and drive sales.
- Technology Innovation Display: The Performance Lab will offer hands-on experiences showcasing Trex's proprietary SunComfortable™ technology and fire-resistant features, emphasizing the products' superior performance in extreme environments, further solidifying its market leadership.
- Celebration Activities and Customer Engagement: Throughout the show, Trex will host a series of events, including a reception to celebrate its 30th anniversary and a meet-and-greet with an Instagram influencer, aimed at strengthening customer relationships and enhancing brand awareness.
See More
Trex Named America's Most Trusted Outdoor Decking for Six Consecutive Years
- Trust Recognition: Trex has been named '2026 America's Most Trusted Outdoor Decking' for six consecutive years, establishing a benchmark for trust in the industry and reflecting high consumer recognition of its product quality and service, thereby solidifying its market leadership.
- Consumer Survey Insights: Lifestory Research conducted a 12-month survey of nearly 4,000 Americans, with Trex achieving the highest satisfaction scores and a five-star trust rating among nine outdoor decking brands, showcasing its significant advantage in a competitive market.
- Product Innovation and Diversity: Since the mid-1990s, Trex has continuously innovated, offering low-maintenance, eco-friendly composite decking products that include deck drainage, lighting, and outdoor kitchen components, meeting consumer demand for high-performance and sustainable products.
- Long-term Brand Value: Trex's success lies not only in product performance but also in its long-standing brand trust and deep emotional connection with consumers, which enhances its resilience in future market competition and positions it for sustained growth potential.
See More
