Zacks upgrades Ternium stock to Strong Buy

Published on 10/01/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 4.34 billion in the second quarter of 2026, with adjusted EBITDA up 50.00 percent. Ternium stock posted USD 465 million net income.

TX, LU0290696653, Illustration mit AI erstellt.

Ternium (ISIN LU0290696653) generated USD 465.00 million in net income during the second quarter of 2026, while MarketBeat reported on September 11, 2026 that Zacks upgraded the stock to Strong Buy. The rating change adds an analyst signal to a quarter in which operating profitability improved sharply.

Profitability accelerated in the second quarter

ScanX News reported on September 17, 2026 that adjusted EBITDA reached USD 700.00 million in the second quarter, up 50.00 percent from the first quarter. The adjusted EBITDA margin expanded to 16.50 percent from 12.20 percent, a 4.30 percentage-point increase.

ScanX News also reported that consolidated steel shipments increased 4.00 percent sequentially, with Mexico and Brazil supporting the improvement. The same report put first-half 2026 net income at USD 837.00 million and said operating cash flow reached USD 473.00 million during the first half.

Cash flow remains the key counterweight

The operating improvement came with heavier working-capital demands. ScanX News reported a USD 418.00 million working-capital buildup during the second quarter, linked to higher inventories and receivables. Net debt stood at USD 112.00 million, compared with net cash of USD 327.00 million at the end of the first quarter.

Ternium is using the investment cycle to expand its Mexican steel platform while managing that cash absorption. The company says its business serves manufacturing and construction customers across the Americas, and its investor-relations site lists USD 15.60 billion in annual net sales for fiscal year 2025 and 33,000 employees, according to Ternium.

Market value frames the setup

Ternium had a market capitalization of USD 10.70 billion on September 30, 2026. Its NYSE 52-week range was USD 33.01 to USD 58.73, placing the company in a market context where earnings execution and cash conversion matter alongside the Strong Buy upgrade.