JPMorgan Chase & Co. Has Lowered Expectations for Terex (NYSE:TEX) Stock Price

Terex (NYSE:TEX) had its price objective dropped by investment analysts at JPMorgan Chase & Co. from $76.00 to $60.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential downside of 5.02% from the stock’s current price.

Other analysts also recently issued reports about the company. Zacks Research downgraded Terex from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. Wells Fargo & Company raised their target price on Terex from $56.00 to $70.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Barclays started coverage on Terex in a research note on Tuesday, March 31st. They issued an “overweight” rating and a $65.00 target price for the company. Morgan Stanley restated an “overweight” rating and issued a $83.00 target price on shares of Terex in a research note on Tuesday, February 17th. Finally, Robert W. Baird set a $100.00 target price on Terex in a research note on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Terex presently has an average rating of “Moderate Buy” and a consensus price target of $70.73.

Terex Stock Performance

Shares of Terex stock opened at $63.17 on Friday. The company has a current ratio of 2.30, a quick ratio of 1.36 and a debt-to-equity ratio of 1.23. The business has a 50-day moving average price of $63.03 and a two-hundred day moving average price of $56.21. Terex has a 1-year low of $33.13 and a 1-year high of $71.50. The company has a market cap of $7.18 billion, a P/E ratio of 18.97, a PEG ratio of 1.27 and a beta of 1.64.

Terex (NYSE:TEX) last issued its quarterly earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.12. Terex had a return on equity of 16.51% and a net margin of 4.08%.The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period last year, the business posted $0.77 EPS. The business’s revenue was up 6.2% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.500-5.00 EPS. As a group, analysts anticipate that Terex will post 4.83 EPS for the current year.

Insiders Place Their Bets

In related news, insider Kieran Hegarty sold 11,980 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $69.24, for a total value of $829,495.20. Following the transaction, the insider owned 173,495 shares of the company’s stock, valued at approximately $12,012,793.80. This trade represents a 6.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Terex

Several hedge funds have recently modified their holdings of TEX. Millennium Management LLC lifted its position in shares of Terex by 1,086.3% during the 1st quarter. Millennium Management LLC now owns 256,054 shares of the industrial products company’s stock worth $9,674,000 after buying an additional 234,470 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Terex by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock worth $132,000 after buying an additional 2,841 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Terex by 3.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,092,189 shares of the industrial products company’s stock worth $41,263,000 after buying an additional 40,077 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Terex by 0.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,210 shares of the industrial products company’s stock worth $7,375,000 after buying an additional 1,597 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of Terex by 47.4% during the 1st quarter. Intech Investment Management LLC now owns 45,501 shares of the industrial products company’s stock worth $1,719,000 after buying an additional 14,629 shares in the last quarter. Institutional investors own 92.88% of the company’s stock.

Terex News Roundup

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate for Terex to $1.22 from $1.15 — a modest longer‑term beat that could support forward earnings expectations. MarketBeat: Zacks estimate update
• Positive Sentiment: Zacks also nudged up Q1 2026 and FY2028 estimates (Q1 2026: $0.80 from $0.77; FY2028: $6.33 from $6.22), which provides some upside to multi‑year growth assumptions. MarketBeat: Zacks estimate update
• Negative Sentiment: Several near‑term and medium‑term Zacks estimates were cut on the same day (Q3 2026, Q4 2026, Q3 2027, Q4 2027 and FY2027 were revised lower), and Zacks maintains a “Strong Sell” stance — a collection of reductions that pressures sentiment around upcoming quarters. MarketBeat: Zacks estimate revisions
• Negative Sentiment: JPMorgan cut its price target on TEX from $76 to $60 and set a “neutral” rating — the lower target and visible dealer downgrade likely weighed on the stock this session. Benzinga: JPMorgan price target cut

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.