Terex Stock Sees FY2026 Earnings Forecast Raised at KeyCorp

Terex Corporation (NYSE:TEX) – KeyCorp raised their FY2026 earnings per share (EPS) estimates for shares of Terex in a research note issued on Thursday, October 29th. KeyCorp analyst S. Barger now anticipates that the industrial products company will post earnings of $5.01 per share for the year, up from their previous estimate of $4.95. The consensus estimate for Terex’s current full-year earnings is $4.92 per share. KeyCorp also issued estimates for Terex’s Q4 2026 earnings at $1.12 EPS, Q1 2027 earnings at $1.20 EPS, Q2 2027 earnings at $1.56 EPS, Q3 2027 earnings at $1.67 EPS, Q4 2027 earnings at $1.42 EPS, FY2027 earnings at $5.84 EPS, Q1 2028 earnings at $1.41 EPS, Q2 2028 earnings at $1.85 EPS, Q3 2028 earnings at $1.96 EPS and FY2028 earnings at $6.88 EPS.

Terex (NYSE:TEX) last issued its earnings results on Wednesday, October 28th. The industrial products company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.08. Terex had a net margin of 2.64% and a return on equity of 11.79%. The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter last year, the firm earned $1.50 EPS. The company’s revenue for the quarter was up 58.4% on a year-over-year basis.

Several other research analysts have also weighed in on the stock. Barclays lifted their price objective on shares of Terex from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Terex in a report on Thursday, October 15th. Wall Street Zen downgraded Terex from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Wells Fargo & Company lowered their price objective on shares of Terex from $70.00 to $60.00 and set an “equal weight” rating on the stock in a report on Monday, October 26th. Finally, Truist Financial reiterated a “buy” rating and issued a $87.00 price objective (up from $85.00) on shares of Terex in a report on Thursday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $74.73.

Terex Stock Up 0.1%

NYSE:TEX opened at $57.60 on Thursday. Terex has a 12-month low of $41.70 and a 12-month high of $74.69. The stock’s fifty day simple moving average is $56.71 and its 200-day simple moving average is $61.83. The company has a quick ratio of 0.92, a current ratio of 1.76 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $6.47 billion, a P/E ratio of 29.09, a P/E/G ratio of 1.06 and a beta of 1.48.

Institutional Trading of Terex

Several institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Terex during the second quarter valued at approximately $1,063,541,000. Allspring Global Investments Holdings LLC grew its stake in Terex by 15,440.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,773,516 shares of the industrial products company’s stock valued at $97,437,000 after purchasing an additional 1,762,104 shares in the last quarter. Freestone Grove Partners LP acquired a new position in shares of Terex during the 2nd quarter worth approximately $116,558,000. Arrowstreet Capital Limited Partnership increased its position in shares of Terex by 11,448.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,238,924 shares of the industrial products company’s stock worth $73,220,000 after purchasing an additional 1,228,196 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Terex by 29.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,442,435 shares of the industrial products company’s stock worth $262,527,000 after purchasing an additional 1,008,444 shares during the last quarter. Institutional investors own 92.88% of the company’s stock.

Terex Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Monday, November 9th will be issued a $0.17 dividend. The ex-dividend date is Monday, November 9th. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. Terex’s dividend payout ratio (DPR) is presently 34.34%.

Terex News Summary

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex shares rallied after the company beat Q3 earnings and revenue expectations. The report also highlighted strong sales growth, robust bookings and backlog growth, healthy cash flow and encouraging 2026 guidance—all signals that may support expectations for continued business growth. Article: TEX Q3 Earnings Beat, Stock Up 15.7% on Strong Sales Growth
• Positive Sentiment: KeyCorp raised its annual EPS forecasts to $5.01 for 2026, $5.84 for 2027 and $6.88 for 2028, from $4.95, $5.80 and $6.70, respectively. It also increased several quarterly estimates, including Q2 and Q3 2028. The upgrades suggest the analyst sees improving earnings potential beyond the current year.
• Negative Sentiment: KeyCorp lowered its Q4 2026 EPS estimate to $1.12 from $1.19 and its Q4 2027 estimate to $1.42 from $1.45, tempering the otherwise upbeat revisions.

Terex Company Profile

Terex Corporation (NYSE:TEX) is a global manufacturer of equipment used in construction, infrastructure development, utilities, recycling and material processing. The company designs and produces machinery intended to help customers build, maintain and improve transportation networks, commercial sites, utility systems and industrial facilities.

Terex operates primarily through its Aerial Work Platforms and Materials Processing businesses. Its products include aerial lifts, telehandlers and other access equipment, as well as crushing, screening, conveying, washing, recycling and environmental-processing machinery.