Terex (NYSE:TEX) Raised to Hold at Zacks Research

Terex (NYSE:TEX) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports. Zacks Research also issued estimates for Terex’s Q1 2026 earnings at $0.80 EPS, Q1 2026 earnings at $0.81 EPS, Q2 2026 earnings at $1.34 EPS, Q2 2026 earnings at $1.33 EPS, Q3 2026 earnings at $1.41 EPS, Q4 2026 earnings at $1.22 EPS, Q4 2026 earnings at $1.21 EPS, FY2026 earnings at $4.76 EPS, Q1 2027 earnings at $0.98 EPS, Q1 2027 earnings at $0.96 EPS, Q2 2027 earnings at $1.46 EPS, Q2 2027 earnings at $1.47 EPS, Q3 2027 earnings at $1.52 EPS, Q4 2027 earnings at $1.48 EPS, FY2027 earnings at $5.42 EPS, Q1 2028 earnings at $1.26 EPS, Q1 2028 earnings at $1.22 EPS, FY2028 earnings at $6.39 EPS and FY2028 earnings at $6.33 EPS.

Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. lowered their target price on Terex from $76.00 to $60.00 and set a “neutral” rating on the stock in a research note on Friday, April 10th. Citigroup upgraded Terex from a “neutral” rating to a “buy” rating and upped their target price for the stock from $73.00 to $75.00 in a research note on Monday, March 9th. Wall Street Zen downgraded Terex from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 21st. Weiss Ratings restated a “hold (c)” rating on shares of Terex in a research note on Wednesday, January 21st. Finally, Barclays initiated coverage on Terex in a research note on Tuesday, March 31st. They issued an “overweight” rating and a $65.00 target price on the stock. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $70.73.

Terex Stock Up 0.7%

Terex stock opened at $63.74 on Monday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.36 and a current ratio of 2.30. The business’s 50-day simple moving average is $63.13 and its two-hundred day simple moving average is $56.42. The company has a market cap of $7.25 billion, a PE ratio of 19.14, a PEG ratio of 1.27 and a beta of 1.64. Terex has a fifty-two week low of $33.13 and a fifty-two week high of $71.50.

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

Insider Activity at Terex

In other Terex news, insider Kieran Hegarty sold 11,980 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total transaction of $829,495.20. Following the completion of the transaction, the insider owned 173,495 shares of the company’s stock, valued at $12,012,793.80. This represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Terex

A number of hedge funds have recently made changes to their positions in TEX. Wellington Management Group LLP acquired a new position in shares of Terex during the third quarter valued at approximately $121,724,000. Invesco Ltd. increased its holdings in shares of Terex by 801.3% in the third quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock valued at $82,283,000 after purchasing an additional 1,425,996 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Terex in the fourth quarter valued at approximately $69,802,000. Morgan Stanley increased its holdings in shares of Terex by 77.2% in the fourth quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock valued at $89,094,000 after purchasing an additional 727,277 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Terex in the fourth quarter valued at approximately $33,828,000. Institutional investors and hedge funds own 92.88% of the company’s stock.

Key Stories Impacting Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks raised multiple quarterly and longer?term EPS forecasts (examples: Q1 2028 to $1.26 from $1.22; Q1 2027 to $0.98 from $0.96; Q2 2026 to $1.34 from $1.33; FY2028 to $6.39 from $6.33). These upward revisions signal improving analyst views on Terex’s growth trajectory and can support buying interest. MarketBeat TEX Coverage
• Neutral Sentiment: Corporate calendar item: Terex set its 2026 annual stockholder meeting for June 25, 2026 — a routine governance event with limited near?term operational impact. Terex Sets Date for 2026 Annual Stockholder Meeting
• Negative Sentiment: Zacks also trimmed some forecasts and has issued mixed ratings (including a recent “Strong Sell” on earlier notes and a modest cut to FY2026 EPS to $4.76 in April 10th reports). That negative language and the downgrade to FY2026 pressure sentiment and may limit upside from the upgrades above. MarketBeat TEX Coverage

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.