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Terex CorporationNYSE:TEX Stock Report

Market Cap US$7.3b
Share Price
US$60.13
US$77.21
22.1% undervalued intrinsic discount
1Y25.2%
7D-5.5%
Portfolio Value
View

Terex Corporation

NYSE:TEX Stock Report

Market Cap: US$7.3b

Terex (TEX) Stock Overview

Manufactures industrial equipment for materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry worldwide. More details

TEX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends3/6

TEX Community Fair Values

Create Narrative

See what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.

Terex Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Terex
Historical stock prices
Current Share PriceUS$60.13
52 Week HighUS$71.50
52 Week LowUS$41.70
Beta1.57
1 Month Change2.51%
3 Month Change-13.14%
1 Year Change25.24%
3 Year Change24.11%
5 Year Change18.79%
Change since IPO893.88%

Recent News & Updates

Narrative Update Apr 23

TEX: Repricing Will Favor REV Group Synergies And More Resilient Earnings Mix

The analyst fair value estimate for Terex has shifted from $77.00 to $95.00 as analysts factor in higher projected revenue growth, slightly stronger profit margins, a higher future P/E assumption, and recent research pointing to improved customer sentiment, better equipment utilization in Aerials, and potential synergies from the REV Group acquisition. Analyst Commentary Recent research on Terex has highlighted a mix of views, but there is a clear cluster of constructive commentary from bullish analysts who are focusing on execution in Aerials, the potential from the REV Group acquisition, and the impact of updated guidance on valuation frameworks.

Recent updates

Narrative Update Apr 23

TEX: Repricing Will Favor REV Group Synergies And More Resilient Earnings Mix

The analyst fair value estimate for Terex has shifted from $77.00 to $95.00 as analysts factor in higher projected revenue growth, slightly stronger profit margins, a higher future P/E assumption, and recent research pointing to improved customer sentiment, better equipment utilization in Aerials, and potential synergies from the REV Group acquisition. Analyst Commentary Recent research on Terex has highlighted a mix of views, but there is a clear cluster of constructive commentary from bullish analysts who are focusing on execution in Aerials, the potential from the REV Group acquisition, and the impact of updated guidance on valuation frameworks.
Narrative Update Apr 08

TEX: 2026 Re Rating Will Rely On REV Synergy Delivery

Analysts have nudged the Terex fair value estimate slightly lower to about $77 from roughly $79. They still point to support from improved sentiment in the Aerials business, expected cost synergies from the REV Group deal, and a series of higher Street price targets following recent earnings and guidance updates.
Narrative Update Mar 25

TEX: Re Rating In 2026 Will Depend On Exceeding REV Group Synergies

Terex's analyst price targets have moved higher, with several firms lifting their views into the mid to high $70s and low $80s range as analysts point to improving sentiment in the Aerials business, conservative synergy assumptions for the REV Group acquisition, and support from recent guidance. Analyst Commentary Recent research highlights a mix of optimism and caution around Terex, with most of the debate centered on how much value the REV Group acquisition and Aerials recovery can add versus execution and integration risk.
Narrative Update Mar 10

TEX: Re Rating Narrative Will Hinge On Delivering REV Group Synergies

Analysts have lifted their average price target for Terex by a few dollars to around the mid $70s, citing stronger sentiment in the Aerials business, expectations for $75m in REV Group synergies, and a broader, more diversified platform following the merger. Analyst Commentary Recent Street research on Terex clusters around a similar message, with most firms adjusting price targets higher and focusing on the Aerials segment, synergy potential from the REV Group deal, and how these could influence the valuation over the next few years.
Narrative Update Feb 24

TEX: Re Rating Narrative Will Rely On Delivery Against FY26 Guidance

The analyst fair value estimate for Terex has increased from $64.75 to $78.85. Analysts attribute this change to recent price target increases across the Street and to confidence in the company's updated guidance as key drivers of the revision.
Narrative Update Feb 08

TEX: Fair Outlook Balances Merger Vote Overhang With Near Term Catalyst Watch

Narrative update: Terex The updated fair value estimate for Terex moves to US$64.75 from US$61.20, as analysts reflect slightly higher assumed profit margins, a modestly higher future P/E, and a lower discount rate in light of recent price target increases from multiple firms and a new short term catalyst watch. Analyst Commentary Recent Street research on Terex has focused on refreshed price targets and a short term catalyst watch, which together feed into the updated fair value framework described above.
Narrative Update Jan 25

TEX: Midcycle Repricing Will Favor Lower Volatility Earnings Mix Over Merger Risk

Analysts have nudged their price targets on Terex higher by single to low double digit dollar amounts, citing a series of recent target increases from firms such as Wells Fargo, Citi, BofA, and Truist, along with improving views on the company’s earnings mix and risk profile. Analyst Commentary Recent Street research on Terex centers around price target increases, fresh coverage, and an upgrade that collectively point to improving confidence in the company’s setup.
Narrative Update Jan 09

TEX: Shares Will Likely Revisit Highs As Merger Risks Stay Elevated

Analysts have lifted their price target on Terex by about US$2.47 to roughly US$61.20. This reflects updated fair value, discount rate and P/E assumptions, alongside mixed views on the planned REV Group merger and fresh coverage from Wells Fargo and Raymond James.
Narrative Update Dec 26

TEX: Midcycle Earnings Repricing Will Drive Upside Despite Merger Uncertainties

Analysts have raised their fair value estimate for Terex from $73.00 to $77.00 per share. They are incorporating a slightly higher discount rate, more conservative revenue growth, modestly higher margin expectations, and a still-supportive Street view that the stock deserves a higher midcycle earnings valuation despite deal-related risks.
Analysis Article Dec 23

Investors Appear Satisfied With Terex Corporation's (NYSE:TEX) Prospects As Shares Rocket 26%

Terex Corporation ( NYSE:TEX ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Analysis Article Dec 01

Terex Corporation's (NYSE:TEX) Intrinsic Value Is Potentially 96% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Terex fair value estimate is US$90.67 Current share price of...
Narrative Update Nov 27

TEX: Shares Will Likely Revisit Previous Highs Amid Merger Uncertainty

Terex's analyst price target has been revised slightly downward to $58.73 from $59.70. Analysts are factoring in modest adjustments to growth estimates, as well as caution regarding merger-related uncertainty and sector headwinds.
Narrative Update Nov 10

TEX: Share Price Is Expected To Revisit Previous Highs After Earnings Shift

Analysts have increased their price target for Terex from $56.82 to $59.70. They cite improved earnings potential and favorable sector trends despite ongoing industry headwinds.
Analysis Article Oct 30

Terex (NYSE:TEX) Has Announced A Dividend Of $0.17

The board of Terex Corporation ( NYSE:TEX ) has announced that it will pay a dividend on the 19th of December, with...
Narrative Update Oct 27

Business Mix Improvements And Sector Headwinds Will Shape Equipment Demand Outlook

Terex's analyst price target has been raised from $55.20 to $56.82, with analysts citing improved business mix and potential for valuation upside in the face of sector headwinds. Analyst Commentary Recent analyst research presents a nuanced outlook on Terex, reflecting both optimism regarding company execution and caution over sector-wide risks.
Seeking Alpha Aug 05

Terex: Shifting To Hold, As I Stay On The Sidelines

Summary I upgrade TEX from sell to hold, as the Environmental Solutions (ES) segment shows strong momentum and is reshaping the investment case. Legacy segments remain under significant pressure, with declining margins, falling backlog, and persistent macro headwinds impacting near-term performance. Tariff risks are worsening, with a $0.50 EPS hit expected for FY25, and TEX has yet to effectively mitigate these structural challenges. While ES could drive future upside and justify a higher multiple, near-term uncertainties warrant staying on the sidelines, with a hold rating. Read the full article on Seeking Alpha
Analysis Article Jul 31

Terex (NYSE:TEX) Is Due To Pay A Dividend Of $0.17

Terex Corporation's ( NYSE:TEX ) investors are due to receive a payment of $0.17 per share on 19th of September. Based...
Analysis Article Jul 20

Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 04

Is It Time To Consider Buying Terex Corporation (NYSE:TEX)?

Terex Corporation ( NYSE:TEX ), might not be a large cap stock, but it led the NYSE gainers with a relatively large...
Analysis Article Jun 19

Is There An Opportunity With Terex Corporation's (NYSE:TEX) 32% Undervaluation?

Key Insights The projected fair value for Terex is US$66.83 based on 2 Stage Free Cash Flow to Equity Current share...
Seeking Alpha Mar 06

Terex: Maintaining Neutral Stance Due To Short-Term Uncertainty

Summary Terex Corporation faces short-term revenue pressure due to weak demand driven across the business, despite contributions from ESG transactions. The negative impact from volume declines is expected to further put pressure on the overall profitability in 2025. Long-term prospects remain favorable, with tailwind from federal infrastructure spending and international market share gain opportunities. Current valuation appears cheap but unreasonable given anticipated volume declines and higher interest expenses, posing further downside risk, leading to another hold rating on TEX stock. Read the full article on Seeking Alpha
Seeking Alpha Dec 16

Terex Corporation: Softness At The Worst Time

Summary Terex Corporation's acquisition of the Environmental Solutions Group from Dover creates a more diversified business, yet increases leverage at a point when the own business is struggling. Despite historical stability and margin improvements, Terex faces declining sales and earnings forecasts for 2024, exacerbating debt concerns post-acquisition. The $2 billion deal adds a promising third pillar but impacts Terex's previously strong balance sheet, as long-term competitive concerns arise. Given the current market softness and increased debt, I remain cautious and await the fourth quarter results before considering buying TEX stock on the dip. Read the full article on Seeking Alpha

Shareholder Returns

TEXUS MachineryUS Market
7D-5.5%-0.4%1.1%
1Y25.2%42.1%26.7%

Return vs Industry: TEX underperformed the US Machinery industry which returned 42.1% over the past year.

Return vs Market: TEX underperformed the US Market which returned 26.7% over the past year.

Price Volatility

Is TEX's price volatile compared to industry and market?
TEX volatility
TEX Average Weekly Movement6.4%
Machinery Industry Average Movement6.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: TEX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TEX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193310,700Simon Meesterwww.terex.com

Terex Corporation manufactures industrial equipment for materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry worldwide. The MP segment offers crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Advance, Bid-Well, MDS, MARCO, MAGNA, Green-Tec, and Terex Recycling Systems brands. Its products are used in construction, infrastructure, and recycling projects; quarrying, mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries.

Terex Corporation Fundamentals Summary

How do Terex's earnings and revenue compare to its market cap?
TEX fundamental statistics
Market capUS$7.30b
Earnings (TTM)US$107.00m
Revenue (TTM)US$5.93b
64.2x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TEX income statement (TTM)
RevenueUS$5.93b
Cost of RevenueUS$4.92b
Gross ProfitUS$1.01b
Other ExpensesUS$903.00m
EarningsUS$107.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.94
Gross Margin17.04%
Net Profit Margin1.81%
Debt/Equity Ratio56.8%

How did TEX perform over the long term?

See historical performance and comparison

Dividends

1.1%
Current Dividend Yield
47%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 03:21
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Terex Corporation is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mircea DobreBaird
Adam SeidenBarclays
Joel TissBMO Capital Markets Equity Research