What is Zacks Research’s Forecast for Terex Q3 Earnings?

Terex Corporation (NYSE:TEX) – Stock analysts at Zacks Research upped their Q3 2026 earnings per share estimates for shares of Terex in a report issued on Tuesday, April 14th. Zacks Research analyst Team now expects that the industrial products company will earn $1.42 per share for the quarter, up from their previous forecast of $1.41. Zacks Research currently has a “Hold” rating on the stock. 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 $4.77 EPS and FY2027 earnings at $5.45 EPS.

Terex (NYSE:TEX) last released its earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.12. Terex had a return on equity of 16.51% and a net margin of 4.08%.The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the firm earned $0.77 EPS. The firm’s revenue was up 6.2% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.500-5.00 EPS.

Several other equities research analysts have also commented on TEX. JPMorgan Chase & Co. lowered their price target on shares of Terex from $76.00 to $60.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Truist Financial upped their price target on shares of Terex from $72.00 to $82.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Citigroup raised shares of Terex from a “neutral” rating to a “buy” rating and upped their price target for the company from $73.00 to $75.00 in a report on Monday, March 9th. Wall Street Zen lowered shares of Terex from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 21st. Finally, Robert W. Baird set a $100.00 price target on shares of Terex in a report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $70.73.

Terex Price Performance

NYSE:TEX opened at $58.67 on Thursday. Terex has a one year low of $33.13 and a one year high of $71.50. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.36 and a current ratio of 2.30. The firm has a market cap of $6.67 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.21 and a beta of 1.64. The firm’s fifty day moving average is $63.01 and its two-hundred day moving average is $56.43.

Institutional Investors Weigh In On Terex

Several hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Terex by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,433,991 shares of the industrial products company’s stock worth $183,308,000 after acquiring an additional 76,028 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Terex by 17.9% during the 4th quarter. Wellington Management Group LLP now owns 2,798,109 shares of the industrial products company’s stock worth $149,363,000 after acquiring an additional 425,322 shares in the last quarter. Morgan Stanley boosted its stake in shares of Terex by 77.2% during the 4th quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock worth $89,094,000 after acquiring an additional 727,277 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Terex by 1.0% during the 4th quarter. Invesco Ltd. now owns 1,620,342 shares of the industrial products company’s stock worth $86,494,000 after acquiring an additional 16,377 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Terex by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,616,942 shares of the industrial products company’s stock worth $86,326,000 after acquiring an additional 6,707 shares in the last quarter. 92.88% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Kieran Hegarty sold 11,980 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $69.24, for a total transaction of $829,495.20. Following the sale, the insider directly owned 173,495 shares of the company’s stock, valued at $12,012,793.80. This represents a 6.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.90% of the stock is currently owned by insiders.

Terex Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, March 6th. Terex’s dividend payout ratio is presently 20.42%.

Trending Headlines about Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks published a positive take calling Terex a “top momentum stock” for long‑term investors, highlighting favorable style/momentum metrics that can attract growth/momentum flows. Why Terex (TEX) is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Zacks upgraded Terex from “Strong Sell” to “Hold” (reported 4/15), which removes a deep negative label and can reduce downside pressure from sell‑side headlines. TickerReport: Zacks upgrade
• Positive Sentiment: Zacks raised several near‑term and long‑term EPS forecasts (multiple notes on 4/14–4/15): small upward revisions to Q1/Q2 2026, Q1/Q2 2027, Q1 2028 and a larger raise to FY2028 (now $6.39 vs prior $6.33). Better modelled earnings ahead can support higher valuation expectations if trends continue. MarketBeat: Zacks research summaries
• Neutral Sentiment: Despite the EPS upgrades, Zacks’ public stance is cautious — the firm now shows a “Hold” rating rather than a Buy, so the upgrades are tempered by a neutral recommendation that may limit strong buying interest. Zacks.com
• Negative Sentiment: Zacks also trimmed some near‑term forecasts and previously maintained “Strong Sell” language in earlier notes; they cut FY2026 slightly (to $4.76 from $4.79) and reduced Q4 2026 by $0.01 — mixed/downward tweaks that can keep some investors cautious. MarketBeat: research changes

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.