Zacks raises Terex forecast for Terex stock to USD 1.73

Published on 10/05/2026 at 00:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 2.24 billion, up 8.50 percent year over year. Terex stock had a prior close of EUR 50.25 on October 2, 2026.

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Zacks Research raised its Q3 2028 earnings-per-share forecast for Terex to USD 1.73 from USD 1.71 in a note dated September 23, 2026, as reported by MarketBeat. The revision gives Terex Corporation a fresh earnings marker ahead of its next scheduled report.

Forecast moves to USD 1.73

The Zacks estimate covers the third quarter of 2028 and places the forecast USD 0.02 above the previous USD 1.71 estimate. MarketBeat also reported a full-year consensus earnings-per-share estimate of USD 5.00, while its analyst overview listed a Moderate Buy consensus and an average target of USD 78.91.

The forecast change sits alongside a stronger operating picture from the second quarter of 2026. For investors, the key distinction is that the Zacks figure is a forward estimate, while the reported results reflect completed company performance.

Q2 sales and bookings accelerate

Terex reported USD 2.24 billion in consolidated second-quarter 2026 sales, up 8.50 percent year over year on a pro forma basis, according to the Yahoo Finance transcript of the July 30, 2026 earnings call. Adjusted earnings per share reached USD 1.37, while adjusted EBITDA rose to USD 269.0 million, an increase of 10.70 percent from the prior year on a pro forma basis.

Consolidated bookings increased 25.00 percent year over year on a pro forma basis, and backlog stood at USD 6.9 billion in the second quarter of 2026. Management raised full-year 2026 sales guidance to USD 7.9 billion-USD 8.2 billion and adjusted earnings-per-share guidance to USD 4.70-USD 5.10 in the same call.

Prior close holds at EUR 50.25

The last Lang & Schwarz indication for Terex was EUR 50.25 dated October 4, 2026, with the prior-close field also at EUR 50.25. Under the Xetra calendar, that prior close corresponds to October 2, 2026. Terex trades on the NYSE in USD, and its market capitalization was USD 6.5 billion as of October 2, 2026; the 52-week range was USD 41.70 to USD 74.69.

Terex is expected to report its next results on October 29, 2026, according to Public. The date gives the forecast revision a defined checkpoint, while the second-quarter figures provide the latest completed operating period.