Zacks Research Issues Optimistic Estimate for Terex Earnings

Key Points

• Zacks Research raised Terex’s Q2 2027 earnings estimate to $1.57 per share from $1.55, while the broader consensus for full-year earnings is $5.00 per share.
• Terex recently reported quarterly EPS of $1.37, beating estimates by $0.14, with revenue of $2.24 billion—up 50.5% year over year. The company’s FY 2026 EPS guidance remains $4.70–$5.10.
• Shares opened at $56.68, down 2.6%, while analysts maintain a consensus “Moderate Buy” rating and an average price target of $78.91; institutional investors own 92.88% of the stock.

Terex Corporation (NYSE:TEX - Free Report) - Equities researchers at Zacks Research increased their Q2 2027 earnings estimates for shares of Terex in a report issued on Wednesday, September 23rd. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.57 per share for the quarter, up from their previous forecast of $1.55. The consensus estimate for Terex's current full-year earnings is $5.00 per share.

Terex (NYSE:TEX - Get Free Report) last posted its earnings results on Thursday, July 30th. The industrial products company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.14. Terex had a return on equity of 12.24% and a net margin of 2.23%.The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same period in the previous year, the business earned $1.49 earnings per share. The firm's revenue for the quarter was up 50.5% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.700-5.100 EPS.

TEX has been the subject of several other research reports. Truist Financial increased their price objective on shares of Terex from $92.00 to $96.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Morgan Stanley reiterated an "overweight" rating and issued a $86.00 target price on shares of Terex in a report on Monday, August 3rd. JPMorgan Chase & Co. cut their target price on Terex from $80.00 to $68.00 and set a "neutral" rating on the stock in a research report on Friday, July 31st. Weiss Ratings restated a "hold (c)" rating on shares of Terex in a research report on Friday, July 17th. Finally, Barclays lifted their price objective on shares of Terex from $65.00 to $70.00 and gave the stock an "overweight" rating in a research note on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $78.91.

Terex Trading Down 2.6%

TEX stock opened at $56.68 on Friday. The firm has a fifty day moving average price of $63.78 and a 200 day moving average price of $62.96. Terex has a fifty-two week low of $41.70 and a fifty-two week high of $74.69. The firm has a market cap of $6.48 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 0.89 and a beta of 1.50. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.93 and a current ratio of 1.82.

Institutional Investors Weigh In On Terex

Several hedge funds and other institutional investors have recently modified their holdings of TEX. Ancora Advisors LLC bought a new position in Terex in the 2nd quarter valued at $29,000. Essential Partners LLC lifted its position in shares of Terex by 171.2% during the first quarter. Essential Partners LLC now owns 564 shares of the industrial products company's stock worth $33,000 after purchasing an additional 356 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Terex during the second quarter valued at $35,000. Optiver Holding B.V. boosted its stake in shares of Terex by 67.5% during the first quarter. Optiver Holding B.V. now owns 782 shares of the industrial products company's stock valued at $46,000 after purchasing an additional 315 shares during the period. Finally, Cassaday & Co Wealth Management LLC bought a new position in shares of Terex in the first quarter worth about $47,000. 92.88% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Terex

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.