Ternium stock gained 2.37 percent on October 2 as Q2 EBITDA jumped

Published on 10/04/2026 at 16:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ternium stock faced a USD 54.50 consensus target after Q2 adjusted EBITDA reached USD 700 million. Net income totaled USD 465 million, while margin rose to 16.5 percent.

TX, US8808901081, Illustration mit AI erstellt.

Ternium stock (ISIN US8808901081) closed at USD 56.61 on the NYSE on October 2, 2026, gaining 2.37 percent and finishing 3.61 percent below its 52-week high of USD 58.73. The latest operating update showed a sharp improvement in second-quarter profitability, with adjusted EBITDA rising 50 percent sequentially to USD 700 million, according to ScanX News on September 17, 2026.

Q2 margin expands sharply

Ternium's adjusted EBITDA margin reached 16.5 percent in Q2 2026, compared with 12.2 percent in Q1. The 4.3 percentage-point expansion came with higher realized steel prices in Mexico and Brazil, while consolidated shipments increased 4 percent sequentially, ScanX News reported.

Net income reached USD 465 million in the quarter, and first-half net income totaled USD 837 million, or USD 2.84 per ADS. The company also reported Q2 revenue of USD 4.34 billion and diluted earnings per share of USD 1.80 for the period, according to Yahoo Finance.

Analyst targets stay close

MarketBeat lists a Moderate Buy consensus for Ternium based on 11 analysts, with an average price target of USD 54.50, a high target of USD 67.50 and a low target of USD 40.00. The average target is below the October 2 closing price, placing the recent market valuation above the published consensus midpoint, according to MarketBeat.

JP Morgan raised its price target from USD 60.50 to USD 67.50 while maintaining an Overweight rating on September 4, 2026, Yahoo Finance shows. That target is USD 10.89 above the October 2 close, making the gap between individual analyst optimism and the broader consensus a central valuation issue for TX shares.

Stock holds near yearly high

Ternium's USD 11.1 billion market capitalization and 398,003-share volume on October 2, 2026, place the stock close to its annual peak while keeping the trading picture tied to steel margins and shipment trends. The 52-week range spans USD 33.01 to USD 58.73, so the October 2 close was USD 23.60 above the yearly low.