Zacks Research Weighs in on Terex’s Q3 Earnings (NYSE:TEX)

Terex Corporation (NYSE:TEX) – Equities researchers at Zacks Research lifted their Q3 2026 earnings estimates for Terex in a research note issued to investors on Wednesday, February 4th. Zacks Research analyst Team now anticipates that the industrial products company will earn $1.51 per share for the quarter, up from their previous forecast of $1.49. The consensus estimate for Terex’s current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex’s FY2026 earnings at $5.45 EPS, Q1 2027 earnings at $1.36 EPS, Q2 2027 earnings at $1.96 EPS, Q3 2027 earnings at $1.90 EPS and Q4 2027 earnings at $1.78 EPS.

A number of other research firms also recently weighed in on TEX. Wells Fargo & Company boosted their target price on Terex from $50.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. UBS Group lowered their price objective on Terex from $52.00 to $51.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Terex in a research report on Wednesday, January 21st. Wall Street Zen cut shares of Terex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 21st. Finally, Morgan Stanley raised shares of Terex from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $47.00 to $60.00 in a research note on Wednesday, December 10th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $59.18.

Terex Stock Up 2.7%

NYSE:TEX opened at $62.94 on Thursday. The company has a market cap of $4.13 billion, a price-to-earnings ratio of 26.78, a P/E/G ratio of 5.53 and a beta of 1.68. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.20 and a current ratio of 2.15. The stock’s fifty day moving average price is $56.10 and its two-hundred day moving average price is $52.41. Terex has a 52-week low of $31.53 and a 52-week high of $66.18.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its holdings in Terex by 565.8% in the third quarter. Smartleaf Asset Management LLC now owns 486 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 413 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Terex by 167.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock valued at $28,000 after buying an additional 369 shares during the period. Strs Ohio bought a new stake in shares of Terex in the 1st quarter valued at $30,000. Hantz Financial Services Inc. raised its stake in Terex by 6,800.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 690 shares of the industrial products company’s stock worth $32,000 after buying an additional 680 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in Terex by 56.4% during the second quarter. Bessemer Group Inc. now owns 718 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 259 shares in the last quarter. Institutional investors and hedge funds own 92.88% of the company’s stock.

Terex News Roundup

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks materially raised FY2027 and several 2026–2027 quarterly EPS forecasts (FY2027 to $7.00 from $6.33; FY2026 to $5.45; multiple quarterly raises across Q1–Q4 2027). These upgrades signal an improved earnings outlook that likely underpins today’s buying.
• Positive Sentiment: Multiple individual quarter estimates were bumped (Q1–Q3–Q4 2027 and Q2–Q3 2026/2027 moved higher), indicating Zacks expects stronger near‑term cadence vs prior forecasts — a catalyst for upward re‑rating by investors.
• Positive Sentiment: Broker consensus on the stock is bullish-to-neutral: coverage shows an average recommendation of “Moderate Buy” from ~12 analysts, which can attract momentum buyers and institutional interest. DefenseWorld Article AmericanBankingNews Article
• Neutral Sentiment: Technical/market context is supportive but mixed: trading volume is above average and the stock sits well above its 50‑ and 200‑day moving averages — a positive backdrop — while valuation (P/E ~26.8) already reflects elevated expectations.
• Negative Sentiment: Zacks slightly trimmed its Q4 2026 EPS estimate (to $1.49 from $1.50). The revision is minimal but notes there remains some near‑term variability in quarterly cadence.

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.