Terex (NYSE:TEX) Price Target Raised to $96.00

Terex (NYSE:TEX) had its target price raised by equities researchers at Truist Financial from $92.00 to $96.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the industrial products company’s stock. Truist Financial’s price objective would indicate a potential upside of 51.79% from the stock’s current price.

A number of other equities research analysts also recently issued reports on the stock. Barclays upped their price objective on shares of Terex from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Wall Street Zen downgraded Terex from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Evercore reaffirmed an “outperform” rating and issued a $81.00 target price on shares of Terex in a report on Monday, May 11th. Citigroup lifted their price target on Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Raymond James Financial upgraded Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price objective for the company in a research note on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $79.82.

Terex Stock Performance

NYSE:TEX opened at $63.25 on Friday. Terex has a twelve month low of $41.70 and a twelve month high of $74.69. The firm has a market capitalization of $7.22 billion, a PE ratio of 30.71, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49. The stock’s 50-day simple moving average is $65.20 and its 200 day simple moving average is $63.14. The company has a quick ratio of 0.88, a current ratio of 1.84 and a debt-to-equity ratio of 0.57.

Terex (NYSE:TEX) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.14. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.14 billion. Terex had a return on equity of 13.43% and a net margin of 1.87%.Terex’s revenue was up 50.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.49 earnings per share. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. On average, analysts anticipate that Terex will post 4.85 EPS for the current fiscal year.

Insider Activity at Terex

In other news, insider Joshua Gross sold 5,874 shares of Terex stock in a transaction on Monday, May 4th. The stock was sold at an average price of $61.53, for a total value of $361,427.22. Following the completion of the transaction, the insider directly owned 48,706 shares in the company, valued at approximately $2,996,880.18. The trade was a 10.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.60% of the stock is owned by insiders.

Institutional Trading of Terex

A number of institutional investors have recently added to or reduced their stakes in TEX. Essential Partners LLC grew its holdings in Terex by 171.2% during the 1st quarter. Essential Partners LLC now owns 564 shares of the industrial products company’s stock valued at $33,000 after buying an additional 356 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Terex by 167.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 369 shares in the last quarter. Optiver Holding B.V. increased its holdings in shares of Terex by 67.5% in the first quarter. Optiver Holding B.V. now owns 782 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 315 shares during the period. Strs Ohio purchased a new stake in shares of Terex in the first quarter worth $30,000. Finally, Cassaday & Co Wealth Management LLC bought a new stake in Terex during the first quarter valued at $47,000. Hedge funds and other institutional investors own 92.88% of the company’s stock.

Trending Headlines about Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex reported adjusted second-quarter earnings of $1.37 per share, exceeding analyst estimates of roughly $1.23–$1.25. Revenue reached approximately $2.24 billion, also ahead of expectations and up 50.5% year over year. Terex Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its 2026 outlook to $7.9 billion–$8.2 billion in sales and $960 million–$1.0 billion in adjusted EBITDA. The EPS range of $4.70–$5.10 has a midpoint slightly above the current consensus estimate. Pro forma sales increased 8.5%, while bookings rose 25.2% to $2.0 billion and backlog stood at a substantial $6.9 billion. Terex Reports Second Quarter 2026 Results
• Neutral Sentiment: The earnings call and follow-up coverage renewed debate over Terex’s valuation. At roughly 30 times earnings, the stock may require continued execution and additional estimate increases to generate further upside, although one analysis suggests the shares could still be about 19% undervalued. Terex Could Be 19% Undervalued
• Negative Sentiment: Reported net income was $110 million, or $0.96 per share, versus $72 million, or $1.09 per share, a year earlier; adjusted EPS also declined from $1.49. In addition, the $2.0 billion of bookings represented a book-to-bill ratio below 1.0, potentially raising concerns about near-term order momentum. Why Terex Shares Are Trading Lower
• Negative Sentiment: Recent insider activity showed multiple sales and no purchases over the past six months, adding a modest sentiment headwind. The shares also opened below Terex’s 50-day moving average, indicating some technical pressure.

About Terex

Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.

Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.