Terex (NYSE:TEX) Releases FY 2026 Earnings Guidance

Terex (NYSE:TEX) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.700-5.100 for the period, compared to the consensus estimate of 4.870. The company issued revenue guidance of $7.9 billion-$8.2 billion, compared to the consensus revenue estimate of $7.9 billion.

Terex Stock Up 1.1%

NYSE:TEX opened at $62.89 on Friday. Terex has a 52 week low of $41.70 and a 52 week high of $74.69. The stock’s fifty day moving average is $65.31 and its two-hundred day moving average is $63.14. The stock has a market capitalization of $7.18 billion, a price-to-earnings ratio of 32.09, a price-to-earnings-growth ratio of 0.97 and a beta of 1.49. The company has a quick ratio of 0.88, a current ratio of 1.82 and a debt-to-equity ratio of 0.54.

Terex (NYSE:TEX) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.14. Terex had a return on equity of 12.24% and a net margin of 2.23%.The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter in the previous year, the business earned $1.49 EPS. The company’s quarterly 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. Research analysts anticipate that Terex will post 4.85 EPS for the current year.

Terex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. Terex’s dividend payout ratio (DPR) is presently 32.54%.

Wall Street Analyst Weigh In

TEX has been the topic of several recent research reports. Evercore reaffirmed an “outperform” rating and set a $81.00 target price on shares of Terex in a research note on Monday, May 11th. DA Davidson began coverage on Terex in a research report on Wednesday, June 24th. They set a “strong-buy” rating and a $81.00 price objective on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $84.00 price objective on shares of Terex in a research note on Wednesday, May 6th. Citigroup upped their price target on Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Truist Financial lifted their price objective on Terex from $92.00 to $96.00 and gave the company a “buy” rating in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $78.73.

Insider Activity at Terex

In other news, insider Joshua Gross sold 5,874 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $61.53, for a total transaction of $361,427.22. Following the sale, the insider owned 48,706 shares of the company’s stock, valued at approximately $2,996,880.18. This trade represents a 10.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.60% of the company’s stock.

Key Headlines Impacting Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Results exceeded expectations: Terex reported second-quarter adjusted EPS of $1.37, above the $1.23–$1.25 analyst consensus, while revenue reached $2.24 billion versus expectations of approximately $2.14 billion. Sales increased 50.5% year over year, helped by the REV Group acquisition. Terex Reports Second Quarter 2026 Results
• Positive Sentiment: Raised 2026 outlook: Management increased its full-year sales forecast to $7.9 billion–$8.2 billion and adjusted EBITDA guidance to $960 million–$1.0 billion. The EPS outlook is $4.70–$5.10, broadly in line with the $4.87 consensus estimate. Terex posts strong Q2 results, raises 2026 outlook
• Positive Sentiment: Demand indicators improved: Pro forma sales rose 8.5%, bookings increased 25.2% year over year, and backlog stood at $6.9 billion. These figures support expectations for continued revenue visibility across Terex’s end markets. Terex Q2 Sales Rise 50.5% to $2.2 Billion
• Positive Sentiment: Analyst support remains: Truist raised its price target to $96 and maintained a “buy” rating, implying substantial potential upside from recent trading levels.
• Neutral Sentiment: REV Group integration: Terex completed its acquisition of REV Group, expanding its specialized vehicle portfolio. The deal adds growth opportunities but also leaves investors focused on integration execution and potential synergies. Terex Completes REV Group Acquisition
• Negative Sentiment: Mixed valuation signals: JPMorgan lowered its price target from $80 to $68 and shifted to a “neutral” rating, suggesting limited upside after the earnings reaction. Reports also highlighted that adjusted EPS declined from $1.49 a year earlier, while recent insider transactions were exclusively sales.

Institutional Investors Weigh In On Terex

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its stake in Terex by 167.0% in the second quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 369 shares in the last quarter. Strs Ohio acquired a new stake in shares of Terex in the 1st quarter valued at about $30,000. UMB Bank n.a. grew its stake in Terex by 15.0% during the 4th quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company’s stock worth $77,000 after buying an additional 189 shares during the last quarter. Quarry LP purchased a new position in Terex during the 4th quarter worth approximately $88,000. Finally, Empowered Funds LLC acquired a new position in Terex during the fourth quarter worth approximately $108,000. 92.88% of the stock is currently owned by institutional investors and hedge funds.

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.