What is Zacks Research’s Forecast for Terex FY2026 Earnings?

Terex Corporation (NYSE:TEX) – Equities research analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for Terex in a research note issued to investors on Thursday, August 13th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $4.87 per share for the year, up from their prior forecast of $4.81. The consensus estimate for Terex’s current full-year earnings is $4.97 per share. Zacks Research also issued estimates for Terex’s Q4 2026 earnings at $1.20 EPS, Q1 2027 earnings at $1.08 EPS, Q3 2027 earnings at $1.53 EPS, Q4 2027 earnings at $1.59 EPS, Q2 2028 earnings at $1.79 EPS and FY2028 earnings at $6.31 EPS.

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

Several other analysts have also commented on the stock. Wall Street Zen raised shares of Terex from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Barclays lifted their price target on shares of Terex from $65.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Evercore reaffirmed an “outperform” rating and issued a $81.00 price target on shares of Terex in a report on Monday, May 11th. JPMorgan Chase & Co. cut their price objective on Terex from $80.00 to $68.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Finally, Truist Financial raised their price objective on Terex from $92.00 to $96.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $78.91.

Terex Stock Performance

Shares of TEX opened at $64.48 on Monday. The firm’s 50 day moving average is $66.76 and its 200-day moving average is $63.69. The stock has a market capitalization of $7.37 billion, a P/E ratio of 32.90, a P/E/G ratio of 1.04 and a beta of 1.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.82 and a quick ratio of 0.93. Terex has a 12-month low of $41.70 and a 12-month high of $74.69.

Terex Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, August 11th. Terex’s payout ratio is currently 34.69%.

Hedge Funds Weigh In On Terex

A number of hedge funds have recently modified their holdings of TEX. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Terex during the second quarter valued at $1,361,000. Empowered Funds LLC purchased a new position in Terex in the second quarter valued at about $405,000. United Capital Financial Advisors LLC acquired a new position in Terex in the 2nd quarter worth about $229,000. Public Employees Retirement System of Ohio acquired a new position in Terex in the 2nd quarter worth about $374,000. Finally, Corient Private Wealth LP acquired a new position in Terex in the 2nd quarter worth about $478,000. 92.88% of the stock is 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.