Will Terex’s (TEX) Analyst Upgrade and Dividend Reveal a Shift in Its Long-Term Strategy?

• Raymond James recently upgraded Terex Corporation’s rating, reflecting increased confidence in the company’s outlook, while Terex also affirmed a quarterly dividend of US$0.17 per share, payable on December 19, 2025, to shareholders of record as of November 10.
• The analyst upgrade, combined with the ongoing focus on dividends and digital solutions, underscores how external sentiment and company initiatives together influence Terex’s investment appeal.
• We’ll explore how Raymond James’s more optimistic stance on Terex may influence its forecasted growth and analyst consensus.

Find companies with promising cash flow potential yet trading below their fair value.

Terex Investment Narrative Recap

To believe in Terex as a shareholder, you need confidence in the global infrastructure cycle, demand for equipment replacement, and the company's ability to drive margin expansion through electrification and digital solutions. The Raymond James upgrade may enhance short-term sentiment, but the most important near-term catalyst remains recovery in order activity, while the biggest risk is persistent cautious customer spending; neither the analyst upgrade nor recent dividend affirmation materially change these underlying drivers or exposures for now. Among recent announcements, the Board’s continued commitment to quarterly dividends, including the US$0.17 per share payout approved for December 2025, reinforces Terex’s focus on returning capital to shareholders, a stabilizing factor that may reassure those watching for order growth volatility linked to macro uncertainty or changing customer behavior. However, despite growing optimism among analysts, investors should not overlook the risk from lengthening equipment replacement cycles and customer hesitation, especially as...

Read the full narrative on Terex (it's free!)

Terex's narrative projects $6.1 billion in revenue and $525.7 million in earnings by 2028. This requires 6.0% yearly revenue growth and a $346.7 million earnings increase from the current $179.0 million.

Uncover how Terex's forecasts yield a $56.82 fair value, a 3% downside to its current price.

Exploring Other Perspectives

Four fair value estimates from the Simply Wall St Community span US$51.89 to US$90.61, capturing a wide spectrum of investor opinions. Some see stronger recurring revenue potential from Terex’s push into digital solutions, but concerns linger about how quickly delayed capital spending might rebound.

Explore 4 other fair value estimates on Terex - why the stock might be worth 11% less than the current price!

Build Your Own Terex Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Terex research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.
• Our free Terex research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Terex's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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