Terex Shareholders Overwhelmingly Approve Merger With REV

Terex ( (TEX) ) has issued an update.

On January 28, 2026, Terex and REV Group reported that their respective stockholders had overwhelmingly approved the merger between the two companies at special meetings held the same day, with more than 95% of Terex votes cast backing the stock issuance needed for the deal and over 80% of REV’s outstanding shares voting in favor of the merger. With all required shareholder approvals now secured and a strong mandate from investors, the companies said they expect to close the transaction in the first week of February 2026, positioning the combined business as a more diversified specialty equipment and vehicle manufacturer with a broader portfolio, enhanced financial flexibility, and anticipated synergies that management believes will create long-term value for shareholders, employees and customers.

The most recent analyst rating on (TEX) stock is a Hold with a $56.00 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.

TEX scores well on fundamentals and trend strength: strong free cash flow generation and improved leverage are the biggest positives, and technicals remain supportive with the stock trading above key moving averages. The main offsets are pressured margins/ROE and a less attractive valuation (higher P/E with a modest dividend yield), while merger-related execution (including the Aerial exit timing) adds some uncertainty.

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, serving maintenance, manufacturing, energy, minerals and materials management, construction, waste, recycling and entertainment markets worldwide with products made in North America, Europe and Asia Pacific. REV Group designs and manufactures specialty and recreational vehicles and related aftermarket parts and services in the United States, supplying customized vehicles for public services such as ambulances and fire apparatus, commercial infrastructure including terminal trucks and industrial sweepers, and a range of recreational vehicles from Class B vans to Class A motorhomes under a portfolio of well-established brands.

Average Trading Volume: 1,303,805

Technical Sentiment Signal: Buy

Current Market Cap: $3.97B

Learn more about TEX stock on TipRanks’ Stock Analysis page.