Wall Street Zen Upgrades Terex (NYSE:TEX) to Buy

Terex (NYSE:TEX) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other analysts also recently weighed in on TEX. Citigroup lifted their price target on shares of Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Evercore reissued an “outperform” rating and issued a $81.00 price objective on shares of Terex in a research note on Monday, May 11th. Zacks Research upgraded Terex from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a research report on Friday, July 17th. Finally, DA Davidson assumed coverage on Terex in a report on Wednesday, June 24th. They issued a “strong-buy” rating and a $81.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.73.

Terex Trading Up 0.1%

TEX stock opened at $62.89 on Friday. Terex has a 12 month low of $41.70 and a 12 month high of $74.69. The firm’s 50-day moving average is $65.31 and its 200 day moving average is $63.16. The company has a market capitalization of $7.19 billion, a PE ratio of 32.09, a P/E/G ratio of 0.98 and a beta of 1.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.82 and a quick ratio of 0.93.

Terex (NYSE:TEX) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.14. The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.14 billion. Terex had a net margin of 2.23% and a return on equity of 12.24%. The firm’s quarterly revenue was up 50.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.49 EPS. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. On average, research analysts anticipate that Terex will post 4.88 EPS for the current year.

Institutional Investors Weigh In On Terex

Institutional investors have recently added to or reduced their stakes in the stock. Capricorn Fund Managers Ltd bought a new stake in shares of Terex in the 4th quarter valued at about $6,939,000. CenterBook Partners LP bought a new position in shares of Terex during the 4th quarter worth approximately $934,000. Y Intercept Hong Kong Ltd bought a new position in shares of Terex during the 1st quarter worth approximately $6,439,000. M&T Bank Corp raised its stake in shares of Terex by 814.9% during the 4th quarter. M&T Bank Corp now owns 68,501 shares of the industrial products company’s stock worth $3,657,000 after acquiring an additional 61,014 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in Terex by 147.8% during the fourth quarter. SG Americas Securities LLC now owns 40,032 shares of the industrial products company’s stock valued at $2,137,000 after acquiring an additional 23,875 shares during the last quarter. Institutional investors own 92.88% of the company’s stock.

More Terex News

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Results exceeded expectations: Terex reported second-quarter adjusted EPS of $1.37, above the $1.23–$1.25 analyst consensus, while revenue reached $2.24 billion versus expectations of approximately $2.14 billion. Sales increased 50.5% year over year, helped by the REV Group acquisition. Terex Reports Second Quarter 2026 Results
• Positive Sentiment: Raised 2026 outlook: Management increased its full-year sales forecast to $7.9 billion–$8.2 billion and adjusted EBITDA guidance to $960 million–$1.0 billion. The EPS outlook is $4.70–$5.10, broadly in line with the $4.87 consensus estimate. Terex posts strong Q2 results, raises 2026 outlook
• Positive Sentiment: Demand indicators improved: Pro forma sales rose 8.5%, bookings increased 25.2% year over year, and backlog stood at $6.9 billion. These figures support expectations for continued revenue visibility across Terex’s end markets. Terex Q2 Sales Rise 50.5% to $2.2 Billion
• Positive Sentiment: Analyst support remains: Truist raised its price target to $96 and maintained a “buy” rating, implying substantial potential upside from recent trading levels.
• Neutral Sentiment: REV Group integration: Terex completed its acquisition of REV Group, expanding its specialized vehicle portfolio. The deal adds growth opportunities but also leaves investors focused on integration execution and potential synergies. Terex Completes REV Group Acquisition
• Negative Sentiment: Mixed valuation signals: JPMorgan lowered its price target from $80 to $68 and shifted to a “neutral” rating, suggesting limited upside after the earnings reaction. Reports also highlighted that adjusted EPS declined from $1.49 a year earlier, while recent insider transactions were exclusively sales.

Terex Company Profile

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.