Terex (TEX) AI Stock Analysis

• Market Cap: $3.02B
• Dividend Yield: 1.48%
• Average Volume (3M): 1.12M
• Price to Earnings (P/E): 19.5
• Beta (1Y): 1.48
• Revenue Growth: 4.60%
• EPS Growth: -65.73%
• Country: US
• Employees: 11,400
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): 1.50
• Shares Outstanding: 65,600,000
• 10 Day Avg. Volume: 2,051,274
• 30 Day Avg. Volume: 1,119,159
• PEG Ratio: -0.27
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 0.60
• P/FCF Ratio: 16.36
• Enterprise Value/Market Cap: 1.82
• Enterprise Value/Revenue: 1.03
• Enterprise Value/Gross Profit: 5.48
• Enterprise Value/Ebitda: 10.00
• 1Y Price Target: $56.75
• Price Target Upside: 23.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): 4.88
• Revenue Forecast (FY): $5.43B

• Rating: 72 Outperform
• Price Target: $52.00 ▲(13.04% Upside)

Terex's overall score is driven by its solid financial performance and positive earnings call sentiment, particularly regarding the merger with REV Group. However, technical indicators suggest bearish momentum, and valuation metrics indicate moderate attractiveness. The decision to exit the Aerial segment introduces some uncertainty.

Positive Factors

Strong Financial Performance

Strong financial performance with robust earnings and operating margins indicates effective cost management and operational efficiency, supporting long-term growth.

Environmental Solutions Success

The success in Environmental Solutions demonstrates Terex's ability to capitalize on growth opportunities in sustainable sectors, enhancing its competitive position.

Refinancing Agreement

The refinancing agreement reduces interest costs, improving financial stability and enhancing cash flow, which supports long-term strategic investments.

Negative Factors

Aerials Segment Challenges

Challenges in the Aerials segment due to customer mix and interest rates may hinder growth, impacting overall revenue and profitability.

Tariff and Inflation Pressures

Tariff and inflation pressures increase material costs, potentially squeezing margins and affecting long-term cost competitiveness.

Weak European Market

Weakness in the European market poses a challenge for growth in the Materials Processing segment, potentially affecting revenue diversification.

Terex Business Overview & Revenue Model

Company Description

Terex Corporation (TEX) is a global manufacturer of lifting and material handling solutions, primarily serving the construction, infrastructure, and mining sectors. The company operates through several segments, including Aerial Work Platforms, Material Handling & Port Solutions, and Construction. Terex offers a diverse range of products, including cranes, aerial work platforms, and material processing equipment, known for their durability and innovation.

How the Company Makes Money

Terex generates revenue primarily through the sale of equipment and machinery across its various segments. The company’s key revenue streams include the direct sale of new equipment, aftermarket sales of parts and services, and rental services. Aftermarket services, which include maintenance, repair, and replacement parts, are particularly significant as they provide recurring revenue. Additionally, Terex has established partnerships with distributors and dealers worldwide, enhancing its market reach and sales opportunities. Factors contributing to its earnings include demand for construction and infrastructure development, advancements in technology that improve equipment efficiency, and strategic acquisitions that expand its product offerings and market presence.

Terex Financial Statement Overview

Summary

Terex demonstrates a solid financial position with strong cash flow generation and low leverage, providing a cushion against economic fluctuations. However, declining margins highlight a need for cost management to sustain profitability.

Income Statement

Terex has shown consistent revenue growth with a 3.39% increase in TTM, indicating a positive trajectory. However, margins have decreased compared to previous years, with a TTM net profit margin of 2.92% and EBIT margin of 4.62%, reflecting pressure on profitability. The gross profit margin also declined to 18.71% in TTM, suggesting increased cost pressures.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.006 in TTM, indicating minimal leverage and financial stability. The equity ratio is healthy, and the return on equity is at 8.15%, which, while lower than previous years, still reflects a solid return for shareholders.

Cash Flow

Cash flow performance is robust, with a 17.92% growth in free cash flow in TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 0.32, suggesting efficient cash conversion, although the free cash flow to net income ratio has decreased slightly to 0.68.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.34B	5.13B	5.15B	4.42B	3.89B	3.08B
Gross Profit	1.00B	1.07B	1.18B	871.00M	757.40M	539.30M
EBITDA	548.00M	579.00M	699.00M	463.00M	365.50M	126.60M
Net Income	156.00M	335.00M	518.00M	300.00M	220.90M	-10.60M
Balance Sheet
Total Assets	6.17B	5.73B	3.62B	3.12B	2.86B	3.03B
Cash, Cash Equivalents and Short-Term Investments	509.00M	388.00M	370.70M	304.10M	266.90M	665.00M
Total Debt	2.59B	2.72B	623.20M	775.50M	674.10M	1.17B
Total Liabilities	4.15B	3.90B	1.94B	1.94B	1.75B	2.11B
Stockholders Equity	2.02B	1.83B	1.67B	1.18B	1.11B	921.50M
Cash Flow
Free Cash Flow	279.00M	189.00M	332.10M	151.60M	233.70M	160.90M
Operating Cash Flow	412.00M	326.00M	459.30M	261.20M	293.40M	225.40M
Investing Cash Flow	-2.09B	-2.13B	-114.40M	-154.10M	-102.20M	-38.50M
Financing Cash Flow	1.83B	1.84B	-287.80M	-54.90M	-580.10M	-82.80M

Terex Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 46.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TEX, the sentiment is Negative. The current price of 46 is below the 20-day moving average (MA) of 51.56, below the 50-day MA of 51.81, and below the 200-day MA of 46.05, indicating a bearish trend. The MACD of -1.90 indicates Positive momentum. The RSI at 34.93 is Neutral, neither overbought nor oversold. The STOCH value of 13.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TEX.

Terex Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAT	76 Outperform	$263.52B	28.89	46.30%	1.04%	-1.51%	-9.69%
TEX	72 Outperform	$3.02B	19.51	7.85%	1.48%	4.60%	-65.73%
OSK	71 Outperform	$7.68B	11.84	15.42%	1.59%	-2.28%	-0.53%
ASTE	66 Neutral	$1.03B	21.59	7.37%	1.16%	6.66%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AGCO	59 Neutral	$7.88B	21.03	8.69%	1.42%	-20.09%	121.28%
CNH	56 Neutral	$12.08B	20.41	7.74%	2.59%	-18.10%	-65.24%

Terex Corporate Events

Terex Corporation Reports Strong Q3 2025 Performance

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 is known for its diverse portfolio that includes environmentally-friendly products and solutions.

Terex Reports Strong Q3 2025 Financial Results

Terex Corporation reported its third-quarter 2025 financial results, highlighting a 14.4% increase in net sales to $1.4 billion compared to the previous year, despite challenges in some markets. The company maintained its full-year EPS outlook, demonstrating resilience amid macroeconomic turbulence and tariff changes. The Environmental Solutions segment showed significant growth, while Aerials and Materials Processing faced declines. Terex generated strong free cash flow of $130 million and returned $87 million to shareholders, underscoring its robust financial position and commitment to shareholder value.

The most recent analyst rating on (TEX) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Terex stock, see the TEX Stock Forecast page.

Terex Announces Merger with REV Group

On October 29, 2025, Terex Corporation entered into a merger agreement with REV Group to form a leading specialty equipment manufacturer. The merger aims to create a diversified leader in emergency, waste, utilities, environmental, and materials processing equipment, with expected synergies of $75 million by 2028. Terex plans to exit its Aerials segment, further reducing exposure to cyclical markets. The merger is expected to enhance financial strength, growth profile, and operational efficiency, benefiting shareholders and stakeholders. The transaction is anticipated to close in the first half of 2026, subject to regulatory approvals and shareholder consent.

The most recent analyst rating on (TEX) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Terex stock, see the TEX Stock Forecast page.

Terex to Discuss Q3 2025 Financial Results

Terex Corporation announced on October 20, 2025, that it will host a conference call to discuss its third quarter 2025 financial results on October 30, 2025. The call will be led by CEO Simon Meester and CFO Jennifer Kong-Picarello, with financial results available prior to the call. This event is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction.

The most recent analyst rating on (TEX) stock is a Hold with a $52.00 price target. To see the full list of analyst forecasts on Terex stock, see the TEX Stock Forecast page.

Terex Appoints Srikanth Padmanabhan to Board

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.

Terex Announces Refinancing Agreement to Cut Costs

On August 12, 2025, Terex Corporation announced a refinancing agreement that re-prices its term loan, reducing the interest rate spread by 25 basis points, which is expected to save approximately $3 million annually in cash interest costs. This move is part of Terex’s strategy to enhance its capital structure efficiency, reflecting positively on its financial operations and potentially benefiting stakeholders by improving financial stability and operational cost-effectiveness.

The most recent analyst rating on (TEX) stock is a Hold with a $62.00 price target. To see the full list of analyst forecasts on Terex stock, see the TEX Stock Forecast page.

Terex Corporation’s Earnings Call: Mixed Outlook with Strategic Initiatives

The recent earnings call for Terex Corporation presented a mixed outlook, reflecting both strengths and challenges. While the company demonstrated robust performance in its Environmental Solutions segment and maintained a positive trend in bookings, it faced hurdles in the Aerials and Material Processing segments. Additionally, significant tariff-related impacts balanced the positive aspects of the call.

Terex Corporation Reports Strong Q2 2025 Results

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 offers products that support renewable energy and aid in waste recovery, with manufacturing operations in North America, Europe, and Asia Pacific.

Terex Announces Q2 2025 Financial Results and Share Buyback

Terex Corporation announced its second quarter 2025 financial results, reporting sales of $1.5 billion and an operating margin of 8.7%, with adjusted earnings per share of $1.49. The company authorized a new $150 million share repurchase program, reflecting confidence in its long-term growth strategy. Despite challenges in the Aerials segment, strong performance in Environmental Solutions and Terex Utilities helped offset these issues. The company’s bookings grew by 19% year-over-year, and it maintained its full-year adjusted EPS outlook. Terex also reported strong liquidity with a cash conversion rate of 108% and returned $75 million to shareholders through dividends and share repurchases.

The most recent analyst rating on (TEX) stock is a Hold with a $62.00 price target. To see the full list of analyst forecasts on Terex stock, see the TEX Stock Forecast page.