Terex stock follows Q2 beat and higher 2026 guidance

Published on 10/04/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Terex stock carries a July 30 Q2 adjusted EPS beat of USD 1.37 against USD 1.23 estimates. Management set 2026 adjusted EPS guidance at USD 4.70-5.10 and sales guidance at USD 7.9-8.2 billion.

TEX, US8807791038, Illustration mit AI erstellt.

Terex (ISIN US8807791038) reported adjusted Q2 earnings per share of USD 1.37 against a USD 1.23 consensus estimate on July 30, 2026. The result came with revenue of USD 2.24 billion and higher full-year guidance, giving the industrial machinery group a concrete earnings anchor as the stock entered October.

Q2 beat lifts the earnings base

According to the Yahoo Finance transcript of the July 30, 2026 call, Q2 revenue rose 8.5 percent on a pro forma basis to USD 2.2 billion, while adjusted EBITDA reached USD 269 million, up 10.7 percent year over year. Consolidated bookings increased 25 percent, and backlog stood at USD 6.9 billion.

The operating mix still matters. Materials Processing delivered an adjusted EBITDA margin of 18.8 percent in Q2, while Aerials posted a 5.7 percent margin and improved sequentially by 560 basis points. That contrast leaves execution and product mix as the key variables behind the upgraded full-year outlook.

Higher guidance meets a valuation gap

Terex raised 2026 sales guidance to USD 7.9 billion-8.2 billion and adjusted EPS guidance to USD 4.70-5.10, according to the Yahoo Finance transcript. Management also guided to adjusted EBITDA of USD 960 million-1 billion and free cash flow of USD 300 million-350 million for 2026.

Analyst expectations remain higher than the latest share price. MarketBeat reported on October 2, 2026, that 12 analysts rated Terex at Moderate Buy, including two Strong Buy, five Buy and five Hold ratings. The average price target was USD 78.91, which lies 39.1 percent above USD 56.71.

The range of individual targets also shows disagreement. MarketBeat listed targets from USD 68 to USD 96, while JPMorgan had cut its target from USD 80 to USD 68 and assigned a Neutral rating on July 31, 2026.

Terex stock stays below its yearly high

Terex stock closed at USD 56.71 on the NYSE on October 2, 2026. The 52-week range was USD 41.70-74.69, placing the stock USD 17.98 below its yearly high and USD 15.01 above its yearly low.