Terex Corporation (NYSE:TEX) Stock Has Average Price Target of $78.91 According to Brokerages

Terex Corporation (NYSE:TEX) has earned a consensus rating of “Moderate Buy” from the twelve research firms that are presently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $78.91.

Several equities analysts have recently commented on TEX shares. Truist Financial increased their price target on shares of Terex from $92.00 to $96.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Wall Street Zen upgraded Terex from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a report on Friday, July 17th. DA Davidson started coverage on Terex in a report on Wednesday, June 24th. They issued a “strong-buy” rating and a $81.00 price target for the company. Finally, Morgan Stanley reissued an “overweight” rating and set a $86.00 price target on shares of Terex in a research report on Monday, August 3rd.

Terex Stock Performance

Shares of TEX opened at $56.68 on Friday. The firm has a market cap of $6.48 billion, a price-to-earnings ratio of 28.92, a PEG ratio of 0.89 and a beta of 1.50. The company has a quick ratio of 0.93, a current ratio of 1.82 and a debt-to-equity ratio of 0.54. The business’s 50 day moving average is $63.78 and its two-hundred day moving average is $62.96. Terex has a 52-week low of $41.70 and a 52-week high of $74.69.

Terex (NYSE:TEX) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. Terex had a net margin of 2.23% and a return on equity of 12.24%. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.14 billion. During the same quarter in the previous year, the firm earned $1.49 earnings per share. The business’s revenue was up 50.5% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. Analysts forecast that Terex will post 5 EPS for the current fiscal year.

Key Terex News

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks raised its 2026 EPS forecast to $4.91 from $4.89, lifted 2027 EPS to $5.88 from $5.81, and increased 2028 EPS to $6.49 from $6.45. Quarterly estimates were also raised to $1.36 for Q3 2026, $1.21 for Q4 2026, $1.61 for Q3 2027, $1.62 for Q4 2027, and $1.82 for Q2 2028. The revisions indicate modestly stronger expected earnings momentum for TEX.
• Neutral Sentiment: Zacks’ 2026 estimate of $4.91 remains slightly below the broader consensus of $5.00 per share, so the upgrades are supportive but do not represent a major change in the overall earnings outlook.
• Neutral Sentiment: A separate report discussed Terex’s potential role in rotational investment-strategy timing but provided no new fundamental, earnings, or company-specific development. How Terex Corporation (TEX) Affects Rotational Strategy Timing

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TEX. BlackRock Inc. bought a new stake in shares of Terex during the 2nd quarter valued at about $1,063,541,000. Dimensional Fund Advisors LP boosted its stake in Terex by 29.4% in the first quarter. Dimensional Fund Advisors LP now owns 4,442,435 shares of the industrial products company’s stock valued at $262,527,000 after acquiring an additional 1,008,444 shares during the period. Geode Capital Management LLC boosted its stake in Terex by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 1,616,942 shares of the industrial products company’s stock valued at $86,326,000 after acquiring an additional 6,707 shares during the period. Freestone Grove Partners LP bought a new position in shares of Terex during the second quarter valued at approximately $116,558,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Terex by 11,448.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,238,924 shares of the industrial products company’s stock worth $73,220,000 after purchasing an additional 1,228,196 shares during the period. 92.88% of the stock is currently owned by institutional investors.

About Terex

Terex Corporation (NYSE:TEX) is a global manufacturer of equipment used in construction, infrastructure development, utilities, quarrying, mining, recycling and other industrial applications. The company operates through two principal business segments: Aerial Work Platforms and Materials Processing.

Through its Genie brand, Terex produces aerial work platforms and related equipment, including boom lifts, scissor lifts, telehandlers and vertical mast lifts. Its Materials Processing segment supplies machinery used to crush, screen, wash, convey and process materials, along with equipment for recycling, wood processing and environmental applications.