Citigroup cuts Terex target from USD 80 to USD 65 for Terex stock

Published on 10/15/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Terex target fell from USD 80 to USD 65 on October 12, 2026. Terex stock costs EUR 46.70 on October 15, 2026 beside Q2 revenue of USD 2.24 billion.

Analyst action and operating scale

Citigroup cut its Terex target from USD 80.00 to USD 65.00 on October 12, 2026.
Second-quarter 2026 revenue reached USD 2.24 billion, while full-year adjusted EPS guidance stood at USD 4.70-5.10.
Terex stock trades at EUR 46.70 at 12:37 p.m. CEST at Lang & Schwarz on October 15, 2026.

TEX, US8807791038, Illustration mit AI erstellt.

Terex Corporation (ISIN US8807791038) faced a Citigroup cut in its price target from USD 80.00 to USD 65.00 on October 12, 2026, according to MarketBeat. The bank maintained a Buy rating, putting the latest analyst action against Terex's stronger second-quarter operating figures.

Citigroup lowers its target

The October 12, 2026 revision followed other target changes reported in the same analyst roundup. Truist Financial cut its target from USD 96.00 to USD 85.00 on October 5, 2026, while JPMorgan reduced its target from USD 68.00 to USD 58.00, according to MarketBeat. The sequence shows a more cautious target range even as the company raises its operating outlook.

What does the guidance mean?

Terex reported USD 2.24 billion in second-quarter 2026 revenue and adjusted earnings per share of USD 1.37, beating the cited consensus figures of USD 2.14 billion and USD 1.23. The quarter's revenue rose 50.5 percent from the year-earlier period, according to Yahoo Finance. Management raised full-year 2026 guidance to USD 7.9 billion-8.2 billion in sales and USD 4.70-5.10 in adjusted earnings per share.

Three dates frame the story

On July 30, 2026, Terex reported USD 2.24 billion in second-quarter revenue. On October 5, 2026, Truist cut its target to USD 85.00. On October 12, 2026, Citigroup cut its target to USD 65.00, the latest dated event in this sequence.

Next reporting date

Yahoo Finance lists October 29, 2026, as Terex's estimated next earnings date, giving the market a scheduled checkpoint for the raised guidance.

Stock indication in euros

Terex's business spans aerial work platforms and materials-processing equipment, making the USD 7.9 billion-8.2 billion sales outlook the central operating counterweight to the lower analyst targets. The second-quarter comparison is also material: revenue reached USD 2.24 billion against a cited USD 2.14 billion consensus.

Terex stock was trading at EUR 46.70 at Lang & Schwarz on October 15, 2026 at 12:37 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Terex stock.