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Terex ( (TEX) ) just unveiled an announcement.
On October 1, 2025, Terex Corporation announced the appointment of Srikanth Padmanabhan to its Board of Directors, effective December 1, 2025. Padmanabhan, who recently retired from Cummins, Inc. as Executive Vice President and President – Operations, brings over three decades of leadership experience in global business roles. His appointment is expected to enhance the board’s expertise, particularly in driving business growth and value, as highlighted by Terex’s Non-Executive Chairman, David A. Sachs.
The most recent analyst rating on (TEX) stock is a Hold with a $58.00 price target. To see the full list of analyst forecasts on Terex stock, see the TEX Stock Forecast page.
Spark’s Take on TEX Stock
According to Spark, TipRanks’ AI Analyst, TEX is a Outperform.
Terex’s strong financial performance and strategic corporate actions are the most significant factors driving the score. Technical indicators support a positive trend, while valuation and earnings call insights highlight some risks.
To see Spark’s full report on TEX stock, click here.
More about Terex
Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry. The company provides products and services for maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. Terex offers lifecycle support, digital solutions, and environmentally friendly products, with manufacturing operations in North America, Europe, and Asia Pacific.
Average Trading Volume: 766,925
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.36B
For a thorough assessment of TEX stock, go to TipRanks’ Stock Analysis page.