Zacks Research Issues Optimistic Outlook for Terex Earnings

Terex Corporation (NYSE:TEX) – Zacks Research boosted their Q3 2026 earnings per share estimates for Terex in a report issued on Wednesday, February 4th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $1.51 per share for the quarter, up from their prior forecast of $1.49. The consensus estimate for Terex’s current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex’s FY2026 earnings at $5.45 EPS, Q1 2027 earnings at $1.36 EPS, Q2 2027 earnings at $1.96 EPS, Q3 2027 earnings at $1.90 EPS and Q4 2027 earnings at $1.78 EPS.

A number of other analysts also recently commented on TEX. Wells Fargo & Company boosted their price objective on shares of Terex from $50.00 to $56.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Wall Street Zen downgraded shares of Terex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 21st. Citigroup upped their price target on Terex from $52.00 to $62.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Raymond James Financial raised Terex from a “market perform” rating to an “outperform” rating and set a $70.00 price objective for the company in a report on Monday, October 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Terex in a report on Wednesday, January 21st. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $59.18.

Terex Stock Performance

NYSE:TEX opened at $61.34 on Thursday. The firm’s fifty day simple moving average is $55.76 and its 200-day simple moving average is $52.31. The company has a quick ratio of 1.20, a current ratio of 2.15 and a debt-to-equity ratio of 1.28. The stock has a market cap of $4.02 billion, a PE ratio of 26.10, a price-to-earnings-growth ratio of 5.80 and a beta of 1.68. Terex has a fifty-two week low of $31.53 and a fifty-two week high of $66.18.

Hedge Funds Weigh In On Terex

A number of institutional investors have recently made changes to their positions in TEX. JPMorgan Chase & Co. lifted its position in Terex by 68.0% during the second quarter. JPMorgan Chase & Co. now owns 704,844 shares of the industrial products company’s stock worth $32,909,000 after buying an additional 285,186 shares during the period. Ballast Asset Management LP increased its stake in shares of Terex by 57.0% during the 3rd quarter. Ballast Asset Management LP now owns 85,795 shares of the industrial products company’s stock valued at $4,401,000 after acquiring an additional 31,145 shares during the last quarter. Retirement Systems of Alabama increased its stake in shares of Terex by 48.4% during the 3rd quarter. Retirement Systems of Alabama now owns 119,014 shares of the industrial products company’s stock valued at $6,105,000 after acquiring an additional 38,836 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Terex during the 2nd quarter worth about $613,000. Finally, QRG Capital Management Inc. boosted its position in shares of Terex by 6.6% in the second quarter. QRG Capital Management Inc. now owns 5,954 shares of the industrial products company’s stock worth $278,000 after acquiring an additional 368 shares during the last quarter. 92.88% of the stock is owned by institutional investors and hedge funds.

Key Terex News

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks Research boosted several quarterly and annual EPS forecasts for Terex, raising Q1 2027 to $1.36 (from $1.21), Q2 2027 to $1.96 (from $1.79), Q3 2027 to $1.90 (from $1.74) and increasing Q4 2027 and FY estimates — signaling an improving earnings outlook. Terex (TEX) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Neutral Sentiment: Analyst consensus remains constructive: MarketBeat shows a “Moderate Buy” average from 12 covering firms (six buys, six holds), which supports continued institutional interest but is not unanimous. Terex Corporation (NYSE:TEX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Neutral Sentiment: Shares surged roughly 7.1% in the prior session on above‑average volume, boosting near‑term momentum but raising the bar for further immediate gains. Terex (TEX) Soars 7.1%: Is Further Upside Left in the Stock?
• Negative Sentiment: Valuation and technical factors may be weighing: the stock is trading at a mid‑20s P/E and a high PEG (~5.7) versus its history, so the recent upgrades and rally may already be priced in and can prompt profit‑taking or disappointment if the upcoming report or guide falls short.

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.