Terex

TEX · NYSE

$52.64+$1.88 (+3.70%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $50.76

TEX analyst rating

BuyConsensus of 10 analysts over the last 12 months. 70% rate it a buy.

Strong buy0
Buy7
Hold3
Underperform0
Sell0

12-month price target · 14 analysts

Average $82.22 (+56.2% upside)

Low: $67.17
Now: $52.64
High: $105.00

Upgrades and downgrades

The latest rating actions, newest first

TEX analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citigroup	Oct 12, 2026	Maintains	Buy	$80.00 → $65.00	61%
JP Morgan	Oct 8, 2026	Maintains	Neutral	$68.00 → $58.00	53%
Truist Securities	Oct 5, 2026	Maintains	Buy	$96.00 → $85.00	59%
Evercore ISI Group	Aug 11, 2026	Maintains	Outperform	$81.00 → $83.00	64%
JP Morgan	Jul 31, 2026	Maintains	Neutral	$80.00 → $68.00	53%
Truist Securities	Jul 31, 2026	Maintains	Buy	$92.00 → $96.00	59%
Barclays	Jul 20, 2026	Maintains	Overweight	$65.00 → $70.00	39%
Citigroup	Jul 14, 2026	Maintains	Buy	$75.00 → $80.00	61%
JP Morgan	Jul 13, 2026	Maintains	Neutral	$69.00 → $80.00	53%
Truist Securities	Jul 2, 2026	Maintains	Buy	$82.00 → $92.00	59%

The case for and against

Updated Apr 17, 2026

Bull case

Terex exhibits a positive financial outlook driven by significant efficiency improvements and strategic pricing actions, reflected in an adjusted margin of 13.7%, which represents a notable increase of 280 basis points year-over-year. The company is poised for substantial growth, with total sales projected to rise approximately 5%, and adjusted EBITDA expected to increase by $100 million year-over-year, highlighting robust operational performance and strong demand across its key segments. Furthermore, consistent growth is evidenced by a 6.9% year-over-year increase in aerial sales and anticipated improvements in Specialty Vehicle margins, supporting a broader trend of rising sales and profitability.

Bear case

Terex Corporation faces several fundamental risks that negatively impact its stock outlook, primarily stemming from anticipated softness in 1Q’26 orders compared to the previous year and ongoing weaknesses in Western European construction activity, where the company holds a significant market presence. Additionally, the company may encounter operational challenges such as supply chain inefficiencies, a consolidation trend among customers, and potential shifts in macroeconomic conditions, all of which could exert downward pressure on revenue and margins. Furthermore, the Aerials segment is projected to experience flat margins year-over-year, influenced by tariffs and lower seasonally adjusted volumes, while the Materials Processing division reported a 2.5% decline in sales, reflecting ongoing competitive pressures and broader market uncertainties.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.