Truist cuts Terex target for Terex stock from USD 96 to USD 85

Published on 10/07/2026 at 07:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 2.24 billion and net income USD 110.0 million. Terex stock is valued at USD 6.5 billion market capitalization.

TEX, US8807791038, Illustration mit AI erstellt.

Truist lowered its Terex price target from USD 96.00 to USD 85.00 on October 5, 2026, while keeping a Buy rating, according to Markets Insider. Terex Corporation (ISIN US8807791038) therefore enters the latest analyst discussion with a lower valuation benchmark but an unchanged rating.

Analyst target moves lower

The target cut reduces Truist's stated valuation by USD 11.00, or 11.46 percent versus the former USD 96.00 target. The report cited cyclical risks from higher interest rates, diesel costs and other inputs, while also describing the outlook as broadly constructive.

The same October 5 report linked the note to expectations around Terex's third-quarter results. For investors, the central tension is clear: the Buy rating remains, but the target now leaves less room for operational disappointment.

Second-quarter figures set the baseline

Terex generated USD 2.24 billion in revenue in the second quarter of 2026 and USD 110.0 million in earnings, according to Yahoo Finance. The page lists second-quarter earnings per share at USD 1.37 against a USD 1.23 estimate, a USD 0.14 beat, and a 4.92 percent profit margin.

The revenue figure gives the target revision an important operating backdrop. Terex also reported a USD 6.5 billion market capitalization on October 6, 2026, while its NYSE 52-week range stood at USD 41.70 to USD 74.69.

EUR reference remains dated

The Lang & Schwarz data set lists a prior close of EUR 50.25 for October 5, 2026. Terex's primary listing is the New York Stock Exchange under TEX, and the company operates in industrial machinery, including materials processing, waste and recycling equipment, aerial work platforms and utility equipment, as confirmed by onvista.

The further course of trading is shown by the continuously updated real-time quote of Terex stock.